Press Note No. 4 (2020 Series), reviewing Foreign Direct Investment (FDI) Policy in Defence Sector Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has issued Press Note No. 4 (2020 Series), reviewing Foreign Direct Investment (FDI) Policy in Defence Sector. The decision will take effect from the date of […]
Category Archives: International Trade News
Adhoc Monthly/Quarterly SMS charges and GST on it levied by banks on Cores of banking accounts and its appropriateness Upon reading the title of the write-up you may think that the subject matter is very simple and insignificant. Probably, the reader may also think that there is no need to write such a lengthy article-up. […]
Inadequate regulatory oversight by financial market regulators resulting in regulated entities practising random ways to generate extra revenue
Inadequate regulatory oversight by financial market regulators resulting in regulated entities practising random ways to generate extra revenue In anxiety to improve the earnings under ‘miscellaneous income category,’ many business entities in the financial sector are looking at various opportunities and do mischievous things. I am focussing the banking segment for discussion. This, however, equally […]
Banking Regulation (Amendment) Bill, 2020 which seeks to replace the Banking Regulation (Amendment) Ordinance, 2020 (Ord. 12 of 2020) provides for the following, namely:— (i) substitution of section 3 to provide that the Act shall not apply to— (a) a primary agricultural credit society; or (b) a co-operative society whose primary object and principal business […]
Understanding Export Controls regulation will help Indian MSME and Start-ups United News of India
An investment outside India can be done by an Indian party or an individual or (single or in association with another resident individual or with an ‘Indian Party’). All resident individuals, including minors, are allowed to freely remit up to USD 250,000 per financial year. An Indian Party can make overseas direct investment in any […]
the petitioner is seeking provisional released for the goods seized by the customs officer due to mis-declaration of the cargo in order to circumvent the import restriction imposed by the extant Foreign Trade Policy.
Steps to Promote Export during Pandemic India Education Diary
Onion Prices Fall After Export Ban Grainmart News
These regulations may be called the Bill of Entry (Forms) (Amendment) Regulations, 2020. They shall come into force with effect from the 21st September, 2020.
The present petition is filed by one Kyrgyzstan National who is seeking permission to go back to Kyrgyzstan which is earlier denied by the Customs Authority bacause 3150 gms of gold was recovered from the possession of the petitioner.
Several multinational companies have evinced their interest to shift their base into India across different States in sectors such as Electronics, Retail, e-Commerce, Automotive, Food Processing, Textiles etc.
Govt again cuts import duty on masoor dal Economic Times
Seeks to further amend notification No. 50/2017-Customs dated 30.06.2017 so as to reduce the Basic Customs Duty on Lentils (Mosur) for the period from 18th September, 2020 to 31st October, 2020. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 17th September, 2020 Notification No. 34/2020-Customs G.S.R. 567(E).—In exercise of the powers conferred by […]