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New Guidelines issued for conducting exams by the Health Ministry

Revised SOP on preventive measures to be followed while conducting examinations to contain spread of COVID-19 Examination centres are frequented by large number of students (as well as their parents) and staff till the entire duration of the exam and therefore, it's vital to plan and conduct these examinations, while following specific preventive measures, as detailed in the paragraphs below. 1. Generic preventive measures The generic measures include s..

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Economy instructions related to printed activities

All calendars, diaries, schedulers and similar other materials, which were earlier printed in physical format, will now be done digitally by Ministries/Departments/PSUs/PSBs Ministries/Departments/PSUs/PSBs and all other organs of the government  to adopt innovative means to use digital or online methods Given the prevailing circumstances in which the world is increasingly moving towards adopting digital force-multipliers for productivity, the Government of Ind..

Posted in news |   426 Views

GDP- Methods of Calculation

What is the Gross Domestic Product? Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period, often annually. The Gross Domestic Product measures the value of economic activity within a country.The growth rate of real GDP is often used as an indicator of the general health of the economy. In broad terms, an increase in real GDP is interpreted as a sign that the economy is doing well. Ho..

Posted in articles |   2 comments |   1111 Views

Structural Reforms are a Key Priority of the Government: Finance Minister

Addressing the captains of the Indian Industry, Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman stressed that structural reforms are a key priority of the government as has been reflected in the slew of measures & policies announced since outbreak of COVID-19. Every policy which was introduced had a structural component. Consequently, thereforms are having significant impact on the recovery process which we are currently witnessing. Further, in order to ..

Posted in news |   417 Views

All India Consumer Price Index Numbers for Agricultural And Rural Labourers for July, 2020

The All-India Consumer Price Index Numbers for Agricultural Labourers and Rural Labourers (Base: 1986-87=100) for the month of July, 2020 increased by 3 and 4 points to stand at 1021 (One thousand and twenty one) and 1028 (One thousand and twenty eight) points respectively. The major contribution towards the rise in general index of Agricultural Labourers and Rural Labourers came from food, with (+) 2.49 points and (+) 2.64 points respectively mainly due to rise in prices of arhar dal, masur ..

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Offshore funds managed in India exempt from business connection in India

Introduction On May 27, 2020, the CBDT issued a notification which has far-reaching implications for offshore funds. The notification has amended Rule 10V of the Income Tax Rules, which provided that Indian Fund Managers would have to be remunerated on atleast at an arm’s length price. Furthermore, the amendment has also affected transfer pricing compliances of offshore funds by requiring maintenance of transfer pricing documentation and furnishing transfer pricing reports u..

Posted in articles |   490 Views

How To Manage Stress | 11 Wonderful Ideas

Everyone wants to manage stress, so today let us discuss how to manage stress. So let's start with understanding the meaning. What is Stress: Stress is the body's reaction to any change that requires an adjustment or response. The body reacts to these changes with physical, mental, and emotional responses. Therefore stress is a normal part of life. Before we discuss how to manage stress let's first discuss, is stress always bad? Stress w..

Posted in articles |   18 comments |   2284 Views

FSSAI - Registration Process, Eligibility,and Requirements

Food Safety and Standards Authority of India (FSSAI) is the primary law for the regulation of food products established under the Food Safety and Standards Act, 2006. It is responsible for protecting and promoting public health through the regulation and supervision of food safety. For alert and active customers, getting a license under FSSAI is a way of assuring them that they are getting a good quality product. <img alt="Quote" class="img-fluid..

Posted in articles |   3 comments |   2377 Views

Agarbatti Production: A New Scheme to Make India Aatmanirbhar

Q: What is &quot;Khadi Agarbatti Aatmanirbhar Mission&quot; scheme? A &quot;Khadi Agarbatti Aatmanirbhar Mission&quot;is a programme aims at creating employment for unemployed and migrant workers in different parts of the country while increasing domestic Agarbatti production substantially. Union Minister for MSME, Shri Nitin Gadkari has approved a unique employment generation program proposed by Khadi and Village Industries Commission (KVIC) to make India Aatmanirbhar i..

Posted in articles |   1 comments |   653 Views

Indian Subsidiary Company providing Services to Foreign Parent Company is Export of Services

INTRODUCTION: The Gujarat High Court has given laudable Judgment in the case of Linde Engineering India Pvt. Ltd. &amp; Ors. V Union of India holding that Indian Subsidiary Company providing Consulting Engineer Services to Foreign Parent Company is Export of Services and the Show Cause Notice (SCN) issued beyond jurisdiction as it was misinterpreted by the proper officer that Indian Subsidiary Company and Parent Company outside India are merely the establishment of distinct person..

Posted in articles |   245 Views

Framework for resolution of stressed loans on account of Covid-19

The RBI has, vide notification dated 06.08.2020, issued a new framework for resolution of stressed loans caused by Covid-19. I am discussing the relevant portion of this notification in my own words in simple and clear language in three parts. Part-I (General overview of the framework) Existing frameworks for restructuring of loans before issue of this latest notification: a) Guidelines for restructuring of MSME loan..

Posted in articles |   1 comments |   144 Views

Bi-Monthly Monetary Policy released today by RBI

On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (August 6, 2020) has decided to Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0 per cent. Consequently, the reverse repo rate under the LAF remains unchanged at 3.35 percent and the marginal standing facility (MSF) rate and the Bank Rate at 4.25 percent. The MPC also deci..

Posted in articles |   716 Views

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