Smallcase managers expect tax reforms, ESG push, and growth strategies, ET LegalWorld
As India approaches its Union Budget 2025 on February 1, a survey by fintech platform smallcase revealed optimism among investment managers for economic reforms, fiscal discipline, and strategic growth measures. The smallcase managers’ Budget 2025-26 survey, which gathered insights from over 100 investment managers, highlighted expectations for significant tax reforms, a focus on sustainability, and […]
SEBI Chief highlights AI integration and tech-driven reforms in capital markets regulation, ET LegalWorld
Madhabi Puri Buch, Chairperson of the Securities and Exchange Board of India (SEBI), shared insights on how the regulatory body is embracing artificial intelligence (AI) and technological advancements to enhance its efficiency and effectiveness in safeguarding the Indian capital markets. The Chairperson underscored SEBI’s reliance on a disclosure-based regime, emphasizing that most market-related information is […]
P.Jeya vs The Commissioner Of Land Reforms on 7 November, 2024
Madras High Court P.Jeya vs The Commissioner Of Land Reforms on 7 November, 2024 Author: C.Saravanan Bench: C.Saravanan W.P.(MD) Nos.19872 of 2015 etc., batch BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT Reserved On 28.10.2024 Pronounced On 07.11.2024 CORAM : THE HONOURABLE MR. JUSTICE C.SARAVANAN W.P.(MD) Nos.19872 and 19879 of 2015 and W.P.(MD) Nos.22149 and […]
Labour reforms, social security for informal workers, transformative policies on cards in 2025, ET LegalWorld
Speedy implementation of labour codes, providing social security to informal workers, especially gig and platform, and bringing transformative policies would be the government’s priority in 2025 to empower all and boost the economy. All 36 states and UTs are expected to complete harmonization and pre-publication of draft rules under the four labour codes by 31st […]
Parliament committee approves of reforms proposed in Insurance Bill, ET LegalWorld
A parliamentary standing committee on finance has favoured various reforms proposed in the Insurance Amendment Bill, including issuance of a composite licence and reduction in capital requirement. “The committee notes that IRDAI has proposed amendments to the Insurance Act, 1938, allowing for composite insurance businesses and the same is under consideration of the Ministry. The […]
Revenue Court Management System by Department of Revenue and Land Reforms, Bihar
The Revenue Court Management System by Bihar simplifies the management of revenue disputes. Users can file, track, and monitor court cases online, ensuring a streamlined and transparent legal process. Source link
Supreme Court advances reforms in IBC amid Jet Airways liquidation, ET LegalWorld
The Supreme Court in the matter of Jet Airways liquidation has outlined policy reforms in the Insolvency and Bankruptcy Code, 2016. The court termed the matter was an, “an eye-opener,” considering the importance of IBC. The nature of IBC suggests that the insolvency ecosystem be continuously strengthened through a regular identification of its shortcomings and […]
Sports Minister discusses draft sports bill with stakeholders; emphasis on governance reforms, ET LegalWorld
Governance reforms, athlete welfare measures, and promotion of transparency in administration came up for deliberation as Sports Minister Manusukh Mandaviya chaired a consultation meeting with stakeholders on the Draft National Sports Governance Bill 2024 here on Thursday. Present in the meeting were Indian Olympic Association (IOA) President P T Usha, representatives from National Sports Federations […]
GST reforms signifies harmonizing fiscal imperatives with equitable policies, say legal experts, ET LegalWorld
Recently, The 54th Goods and Service Tax Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in New Delhi on September 9, 2024. The council has proposed series of recommendations relating to changes in GST tax rates, provide relief to individuals, measures for facilitation of trade and measures […]
Govt. constitutes 23rd Law Commission; lawyers expect reforms, ET LegalWorld
On September 2, the government established 23rd Law Commission of India for a three-year term. The Commission works on projects based on the references received from the Central Government and/or from the Supreme Court and High Courts. At times, keeping in view the importance of the subject matter, the Commission initiates study on specific subjects, […]