The industrial relations code is the third of four labour codes that have got approval from the Cabinet. The Bill consolidates essential elements of three laws—the Trade Unions Act, 1926, the Industrial Employment (Standing Orders) Act, 1946, and the Industrial Disputes Act, 1947—helping improve ease of doing business.
Vendors have been misusing a provision that allows citizens to receive duty-free ‘gifts' of under Rs 5,000.
The Ministry of Consumer Affairs notified on Monday that stakeholders and the public can comment on the draft rules pertaining to consumer protection on ecommerce platforms till December 2.
India's economic growth slumped to an over six-year low of 5% in the first quarter ended June this fiscal due to slower consumer demand and private investment amid deteriorating global environment. This has prompted many global agencies to cut India's GDP growth for 2019-20. The RBI too has cut sharply its economic growth projection.
In an interview with The Economic Times, the commerce minister talked about the alleged violation of FDI norms by ecommerce companies, the progress on the new trade deal with the United States and India' s stand on the RCEP.
"India, being an economy with huge opportunities, could do well without this kind of a slowdown," Goyal said.
India, which was ranked 58th earlier, is among the worst-performing BRICS nations
DTC report focuses on using tech to improve compliance; growth in direct tax collections less than expected.
The ministry of textiles estimates the technical textile industry in India will grow to about Rs 2 lakh crore by 2020-21 from over Rs 1.16 lakh crore in 2017-18.
Sitharaman spoke to reporters here after meeting officials of the Central Board of Indirect Taxes, Customs, Income Tax department, GST and representatives from trade associations in Pune.
The code ensures minimum wages along with timely payment of wages to all employees and workers.
As per the IBC, there are various thresholds for 'Fresh Start', including that the gross annual income of the debtor does not exceed Rs 60,000.
The government's vision for the next five years is to have investment-led growth in the country.
The petition had said certain categories of drugs (schedules H and X) cannot be sold without a prescription, that is, only through physical stores.
Government yet to finalise amendments to Drugs and Cosmetics Rules, 1945.
Consumer Protection Bill 2019 passed by Parliament gives powers to regulator to initiate actions such as recalls, refunds and returns.
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