129 results found

Pursuant to PM Modi's announcement for the need of developing India into a ‘self-reliant' country, Finance Minister Nirmala Sitharaman made a slew of announcements on 13 May 2020.

With a view to ensure that businesses are not saddled with indirect tax payments and related compliances and to maintain smooth functioning of business activity amidst the COVID-19 outbreak, the Ministry of Finance and Ministry of Commerce and Industry have announced a slew of relaxation measures

In light of the COVID-19 pandemic, SMEs and MSMEs are the most vulnerable to the ripple effect of the pandemic.

Most digital/IT related services have survived the negative economic impact of the ongoing COVID-19 pandemic.

Reserve Bank of India vide notification dated August 6, 2020, on Resolution Framework for COVID-19 related Stress (Resolution Framework) has provided a window under the RBI (Prudential Framework for Resolution of Stressed Assets) Directions 2019, ...

On 5 June 2020, the Ministry of Law and Justice issued the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2020 in order to amend the Insolvency and Bankruptcy Code, 2016.

The Micro, Small and Medium Enterprises (MSME) sector has emerged vividly as a progressive segment in recent times.

Businesses are currently dealing with a multitude of issues as a result of the measures taken to stop the global spread of the COVID-19.

One of the most gabbed and appalling legislation in recent times has been the development of the Insolvency & Bankruptcy Code, 2016 ("IBC") as a recovery mechanism.

While addressing the nation on May 12, 2020, the Prime Minister of India, Shri Narendra Modi, underlined a vision to make India a self-reliant nation (Aatmanirbhar Bharat) amidst the Covid-19 pandemic, ...

On May 12, 2020 the Indian Prime Minister announced a special economic relief package to revive the Indian economy in light of the COVID-19 outbreak.

The Essential Commodities Act, 1955 was enacted in the interest of general public for the control of production, supply, distribution, trade & commerce of specific commodities.

The Pandemic outburst of Covid-19 has not left India untouched in any manner.

What started as a health crisis has transformed rapidly into a pitched battle between lives and livelihoods.

The Finance Bill 2020 was presented in the Indian Parliament on 1 February 2020 (Finance Bill) as part of the Budget proposals.

In order to prevent companies to be dragged into insolvency under the Insolvency and Bankruptcy Code, 2016 due to the present pandemic, certain announcements were made by the Government under the Code.

On August 6, 2020, the Reserve Bank of India (RBI) took a significant step towards scaling the exponential onset of financial stress induced by the COVID-19 pandemic.