Industry News - May 2020

Industry News Content

Major government strikes to attract global investments for coal mining
Major government strikes to attract global investments for coal mining 20 May, 2020

The government plans to provide rebates on revenue shares to the winners of commercial coal block auction in order to grab the attentions of the global investors. The finance ministry liberalised the ...

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Changes on beneficial ownership of FPIs
Changes on beneficial ownership of FPIs 20 May, 2020

The Banks and custodians got the strict directions from Sebi (The Securities and Exchange Board of India) to alert about the changes made in beneficial ownership of foreign portfolio investment which ...

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Notification of amendments on CGST Laws by Finance ministry
Notification of amendments on CGST Laws by Finance ministry 20 May, 2020

With retrospective amendment of CGST the centre got more expanded time for the disbursal of input tax credit. In the amendment of CGST which is related to the transitional arrangements and is more eff...

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Decriminalising various provisions by amending ordinance to companies law
Decriminalising various provisions by amending ordinance to companies law 19 May, 2020

Our government has permitted such direct overseas or foreign listings for Indian companies and made some changes in the strategies for ease of doing business in post Covid-19 pandemic. Indian industry...

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Covid-19 will be treated as force majeure in RERA
Covid-19 will be treated as force majeure in RERA 15 May, 2020

The ministry of finance of corporate affairs Nirmala Sitharaman has announced to extend the registration and completion of the projects which are to be expired by 25 March by another six  months ...

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