Approval to promulgate the Negotiable Instruments (Amendment) Ordinance, 2015

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for the proposal to promulgate the Negotiable Instruments (Amendment) Ordinance, 2015. The proposed amendments to the Negotiable Instruments Act, 1881 (The NI Act) are focused on clarifying the jurisdiction related issues for filing cases for offence committed under section 138 of the NI Act. The clarity on jurisdictional issues for trying cases of cheque bouncing would increase the credibility of t

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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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