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Regulation

Global e-commerce sector likely to grow

Amazon, Flipkart and others flouting FDI norms, say retailers while demanding ED probe

Most marketplace firms are selling to customers directly, without revealing if they inventoried goods or offered deep discounts using foreign funds. May 12, 2016
WTO headquarters

India to complain on US' violations of WTO treaties

The U.S.'s initiatives, like renewable energy programmes and priority watch list, are inconsistent with many WTO agreements. May 11, 2016
Supreme Court

SC strikes down TRAI's call-drop penalty

The apex court noted the regulation order of the Telecom Regulatory Authority of India was "arbitrary and unconstitutional." May 11, 2016
Tax evasion

Govt to protect identities of taxpayers revealing undisclosed income

A compliance window will be opened from June to September to facilitate disclosures under the Income Tax Disclosure Scheme. May 7, 2016
health  warnings,

Supreme Court directs tobacco companies to immediately follow Govt health warning rules

The tobacco companies are embroiled in a legal battle with the government over larger health warnings on the packages. May 4, 2016
Medicins sans frontiers

Health activists slam US report which puts India on priority watch list for IPR protection

The U.S. report had said India's laws don't provide adequate protection of intellectual property rights to MNCs May 4, 2016
Date expired medicines

US keeps India on intellectual property priority watch list for third year in a row

The watch list by the U.S. Trade Representative's Office shames governments across the world for insufficient copyright laws. Apr 27, 2016
SEBI

SEBI mulling rules to clamp down on rating agencies

The proposed SEBI measures would need credit rating agencies to publicly disclose the criteria they adopt to rate securities. Apr 18, 2016
Maggi noodles Nestle row

Food regulator allots Rs. 500 crore for lab upgradation, seeks private partners: Report

Private players will be allowed to run and manage government laboratories, except for a few critical roles. Apr 16, 2016
Raghuram Rajan

Need regulation without too many limitations, RBI Governor Rajan

The RBI's focus is on the inclusion of people without a smartphone, Raghuram Rajan said at the launch of the Unified Payment Interface. Apr 11, 2016

David Cameron admits having held stake in fathers offshore trust

British Prime Minister David Cameron acknowledged on Thursday he once had a stake in his late fathers offshore trust, in an interview with ITV News. Apr 8, 2016
Income Tax Payers

Taxman asks break-up of net worth of those earning over Rs. 50 lakh

New schedule added to tax return forms may pose fresh challenges to taxpayers. Apr 1, 2016

Budget 2016: How George Osbornes sugar tax on fizzy drinks will work

IBTimes UK takes you through the new levy on soft drinks and explains why Jamie Oliver is ecstatic. Mar 16, 2016
Housing India

First-time home buyers to get additional tax benefit from April 2016

According to experts, first-time home buyers in non-metro cities will gain most from the tax benefit. Mar 1, 2016

Govt likely to issue 10 lakh e-Tourist visas this year

At present, 3,500 e-Tourist visas are being granted on average daily to foreign nationals. Feb 28, 2016
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