New Invoice to amend Financial institution Legal guidelines: Deposit accounts, lockers to have as much as 4 nominees

Quickly, deposit holders or locker holders can identify as much as 4 individuals as nominees, in response to a brand new Invoice containing this provision that was launched within the Lok Sabha on Friday. The Invoice additionally has provisions for brand spanking new reporting dates, amongst others. ‘The Banking Legal guidelines (Modification) Invoice “seeks to … Read more

Funds 2024 Bulletins, Stay Updates: Modi 3.0’s first full Funds set to form ‘Viksit Bharat’ imaginative and prescient

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Broadcasting invoice unlikely to be tabled within the inaugural parliament session

The contentious Broadcasting Companies (Regulation) Invoice is unlikely to be tabled within the inaugural session of the brand new parliament that can happen on the finish of this month. Prime sources instructed businessline that the Ministry of Data and Broadcasting is eager on ironing out a number of points just like the regulation of streaming … Read more

Prorogation of each homes of Parliament implies no ordinance potential: Sources

Prorogation of Lok Sabha and Rajya Sabha means the federal government can’t promulgate an ordinance that may negate placing down of the Electoral Bond Scheme by the Supreme Courtroom, sources mentioned on Friday. The impact of the tip of the Electoral Bond Scheme could be the re-infusion of black cash within the system, sources mentioned. … Read more

Parliament approves Interim Price range 2024-25

Parliament on Thursday handed the interim Price range for 2024-25 with the Rajya Sabha returning the Finance Invoice, 2024, and the related appropriation payments.  The Higher Home additionally returned appropriation laws for the Union Territory of Jammu and Kashmir. All these Payments have been Cash Payments.  The Finance Invoice 2024 was returned after the Finance … Read more

Union minister Chandrasekhar says report associated to Apple hack warnings ‘absolutely embellished’

Union Minister Rajeev Chandrasekhar on Thursday refuted a report by a US each day, which claimed Indian authorities had demanded that expertise main Apple assist in softening the political impression of hack warnings issued in October. Additionally learn: ‘Generative AI poses a problem to some basic notions of safety’ The Minister of State for IT … Read more

Lok Sabha passes Telecom Invoice amid empty Opposition benches

The Lok Sabha on Wednesday handed the Telecommunications Invoice, 2023 by a voice vote with none substantive debate because the Opposition benches remained largely empty with as many as 97 MPs having been suspended from the Home. Ashwini Vaishnaw, Minister of Communications and IT who introduced the Invoice, mentioned, “The Invoice will promote structural reforms … Read more