With a large amount of shortage of Foreign Exchange in the nation, the Foreign Exchange Regulation Act of 1973 (FERA) was established. The act was instituted by the Indian Parliament by the government of Indira Gandhi but became effective from January 1, 1974. FERA had a controversial 27-year run during which several administrators of Indian …
What we are going to learn in this post – Meaning Of Gratuity (As per the important rules & regulations for payment of gratuity) – Whenever an employee works in an organization for a long time, it is the responsibility of the employer of the organization to support the employee during their retirement. The term …
Right To Information (RTI) was passed in 2005. The Right to Information Act empowers the citizens & encourages transparency in the government department. It helps to prevent corruption in any department. Right to information is also very important for the administration. Right to Information is a part of the most beneficial legislation. The road to …
The word ‘socialist’ was included in the Indian Constitution by the 42nd Reform. The main objective was to reduce the differences in revenue, status, and differences in life. As per the objective, the government was on a concentration of economic power in a few hands which could negatively affect the benefits of the weaker sections. …
Mergers & Acquisitions Under The Competition Act The method of globalization and liberalization has evolved rapidly. As for globalization, liberalization in the Indian economy gained attention in the year 1991. Globalization of the market succeeded in developing competition within and outside Indian business. There has been a rapid growth in cross-border mergers and profit projects …
Meaning Of Gratuity Gratuity is financial compensation paid to an employee by his employer at the end of the tenure of the job, without any assistance from the employee. The amount of gratuity was discretional before 1972 and it was established for the organization to pay gratuity to its employee during retirement. The Payment of …
History of Freedom of Press in India At first, Sweden put forward the Freedom Of Act, 1766 in their constitution on 2nd December 1766. Sweden became the first country to enact Freedom of the press in its constitution. After this, other countries understood the requirement to introduce freedom of the press in the constitution. In …
In the global economy, international financial leasing has emerged as a critical core of economic development. The varied characteristics of international financial leasing fulfill the demands of financial management in the construction industry. International financial leasing has become a significant source of finance in the global economy in recent years. What is a Financial Lease? …
Media and press play a very important role in the community. As people are completely dependent on the press to understand the worldwide incidents. Moez Chakchouk, Assistant Director-General for Communication & Information, UNESCO declared that press independence is now more powerful than ever and assembled on all Member States to guarantee that journalists can communicate on …
Important Points Of The Real Estate Development & Regulation Act In this post, you will understand the important points of the Real Estate Development & Regulation Act, 2016. The main aim of the act was to ensure the safety & security of those who want to buy houses & encourage investments in the Real Estate …
