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Legal Outsourcing India

Jan

15

Supreme Court Refuses To Stay New Law On Appointment Of CEC, ECs

The Supreme Court on January 12, 2024, refused to stay the operation of the new law providing for appointment of chief election commissioner (CEC) and election commissioners (ECs) by a panel that does not include the Chief Justice of India (CJI). “We will not stay it… stay is not possible. It’s a statutory provision,” said

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Jun

18

Recovery of debt in India banks

The Reserve Bank of India (RBI) said 12 accounts representing about 25% of the gross bad loans in the banking system would be eligible for immediate reference for bankruptcy proceedings. Indian banks are sitting on a stressed asset pile of close to Rs 10 trillion; of this, gross bad loans account for Rs 7.7 trillion

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Apr

30

Health In India: NSS 71st Round Survey Report

The report titled, “Health in India” is based on information collected through NSS 71st Round for the time period January-June 2014 from 65932 households (36480 in rural and 29452 in urban) spread over the entire country. The survey on Social Consumption: Health was aimed to generate basic quantitative information on the health sector in India.

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Apr

30

Government of India and the Republic of Maldives signs agreements for the Exchange of Information

  Government of India and the Republic of Maldives signs agreements for the Exchange of Information The Government of the Republic of India and the Government of the Republic of Maldives signed two Agreements for the Exchange of Information with respect to Taxes and for the Avoidance of Double Taxation of Income derived from the

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Apr

30

Gross Direct Tax Collections increase up by 6.6% India

Gross Direct Tax Collections inches up by 6.6% Gross direct tax collections have scaled up from Rs. 2,84,081 crore during Apr-October 2011-12 to Rs. 3,02,810 crore during Apr- October 2012-13 with growth of about 6.6%. While gross collection of corporate taxes has risen from Rs. 1,89,872 crore during Apr- October 2011-12 to Rs. 1,93,679 crore

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Apr

30

India Infrastructure update Aviation & Airports

Ministry of Civil Avaition (MoCA) has proposed to scrap the levy of Airport Development Fee (ADF) at Delhi and Mumbai Airports from January 1, 2013. Civil Aviation Minister Mr. Ajit Singh has said that Delhi and Mumbai airports need not levy ADF if they can raise more money on their own and if this move

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Apr

30

CAG has no power to conduct Excise & Service Tax Audit of private

The Calcutta High Court delivered a judgment that Comptroller & Auditor General and any officers subordinate to him have no power to conduct audit of private enterprises unless these are financed or funded by Government or grants given by government. The High Court also quashed the letter issued by CERA a wing of CAG to conduct

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Apr

30

141 MoUs/Agreements signed at the first ever Maritime India Summit India

Two days of the first ever Maritime India Summit from 14-16 April in Mumbai has resulted in attracting investments worth Rs 82,905 crores. A total of 141 MoUs and Business Agreements were signed by various players in maritime sector including Major Ports, State Maritime Boards and PSUs like Shipping Corporation of India, Cochin Shipyard Limited, Inland

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Apr

19

Future of Legal Outsourcing India 2020

Report: Legal Process Outsourcing India (LPO) Market Analysis and Segment Forecasts to 2020 Legal process outsourcing allows in-house legal counsel/ law firms/ solo practitioner to work on tasks which are high-value in nature, thus enhancing profitability. Further unanticipated legal activities can be effectively handled; LPO also helps to control or keep in limit overall external spending.

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