By Mukesh Butani — Status: Not Started – The government has not amended the Income Tax Code in a way that precludes applying law retrospectively, particularly on cross-border transactions. It, however, did take several measures to address its rigor. First,…
Reserve Bank of India announces measures to boost liquidity by $49.6 billion; Electricity utilities get a three month moratorium on overdue payments; Center extends project completion deadline for renewable energy projects; Delhi passes $8.6 billion state budget; Chattisgarh issues renewable…
By Yatin Jain — Status: Incomplete — Despite recent progress in high court judicial appointments, the total number of vacancies in the high courts and district courts remain high. High Difficulty: State Procedure — The procedure for appointing high court judges…
548 districts in lockdown amid COVID-19; Union Cabinet approves $5.3 billion worth electronic manufacturing schemes; Petrol and diesel get costlier in Rajasthan after a tax hike; Uttar Pradesh announces relief measures for 3.5 million daily wage workers; Upper House approves…
Government approves 485 miles of green highway project; Parliament passes law for commercial mining of coal; Andhra Pradesh clears $3.45 billion power dues to power generators; Uttar Pradesh mandates 25 percent procurement from micro, small, and medium enterprises; Jammu and…
Government removes tariff cap on renewable energy auctions; Karnataka allocates $1.1 billion to decongest Bengaluru; Maharashtra reduces electricity duty on industrial use; Tamil Nadu launches health reform program with $287 million fund support; Model code of conduct in force in…
By Kriti Upadhyaya — Status: Not Started — Prime Minister Narendra Modi came to power in 2014 vowing a robust disinvestment and outright privatization program for government-owned public sector undertakings (PSUs). However, despite the commitment, the Modi government has not…
By Anit Mukherjee — Status: Not started — The Modi government launched the Integrated Case Management Information System in its first term to digitize filings but has so far implemented the same only in the Supreme Court. Medium Difficulty: No…
Andhra Pradesh releases $415.67 million to clear power dues; Madhya Pradesh tops in land digitization survey; Bihar, Gujarat, Haryana, and Punjab present state budgets; Tamil Nadu drafts action plan on climate change; Union Cabinet approves adaptation of central laws in…
By Kriti Upadhyaya — Status: In Progress — On November 15, 2019 the Ministry of Corporate Affairs (MCA) enacted the Insolvency and Bankruptcy Code (IBC) Rules 2019 to enable the application of the IBC to Financial Service Providers (FSPs), subject…
