The Ministry of Labour and Employment has announced various relief measures for the benefit of labour and manpower employed in companies, factories and establishments, amidst this global pandemic which is empowering the world. These measures definitely provide the much-needed support and reassurance to the work force, registered with the Ministry. The details of relief measures are stated below:
Continue reading “COVID–19 Relief Measures in Employment and Labor Laws”
The Finance Ministry has clarified that FY 2019-20 will end on March 31st 2020 and FY 2020-21 will start on April 1st 2020, thereby putting an end to all the rumors doing the rounds about a possible extension.
The onset of rumors
was due to misquotation of a notification issued by the Department of
Revenue, Ministry Of Finance dated 30th June 2020 related to certain amendments
to the Indian Stamp Act.
Continue reading “Financial Year 2019-20 will end on March 31st”
As per the Economic Survey 2019-20- “India has moved up 79 positions in the World Bank’s Doing Business Ranking improving from 142 in 2014 to 63 in 2019, with the country improving on 7 out of the 10 parameters”. One of the main reasons for this progress being reduction in time taken for incorporating a business entity in India and setting up operations. In continuation to this, the Government has proposed a new web form named SPICe Plus replacing the existing forms for incorporating a Company.
Continue reading “New SPICe Plus Form – A step Towards Ease of Doing Business”
The Union Budget for 2020-21 was released on 1st February 2020 by the
Finance Minister, Ms. Nirmala Sitharaman and had a lot in store for Start-Up’s
and Medium, Small and Micro enterprises (MSME).
Continue reading “Incentives For Start-Ups and MSME’S In Budget 2020”