GOVERNMENT WORKS

Government working on aggregation of CA firms, accounting standards for insurance sector

Government and ICAI collaborate to boost global accounting firm presence. Efforts include setting standards for insurance sector and LLPs, and reducing the time for voluntary company closure. ICAI President plans for CA firm aggregation in the near future.

GST collection rises 8 pc to Rs 1.74 lakh cr in Jun

The June 2024 GST collection reached Rs 1.74 lakh crore, marking an 8% increase from May 2024. EY India Tax Partner, Saurabh Agarwal, emphasized the need for the next wave of GST reforms to tackle working capital blockages and implement sector-specific solutions.

"Did a lot of work," says Maharashtra CM Shinde on completion of 2 years of Mahayuti government

Maharashtra Chief Minister Eknath Shinde praised the Mahayuti coalition government for its achievements over the past two years, particularly in infrastructure projects. He commended Prime Minister Narendra Modi's development efforts, asserting that Modi's decade of work surpasses what Congress achieved in 50-60 years. Shinde emphasized Maharashtra's support for Modi's vision, expressing confidence that India will become a global economic power during Modi's third term, aiming for a $500 trillion economy and continued global influence.

'Now India talks and the world listens…PM Modi's hard work': Maharashtra CM Eknath Shinde

France is facing an election like no other. Here's how it works and what comes next

French voters face historic snap parliamentary elections that could usher in the first far-right government since WWII or result in no clear majority. Competing blocs include the far-right National Rally, Macron's centrist alliance, and the left-leaning New Popular Front. Outcomes are uncertain, with potential for significant political shifts.

Amazon Pay India top up; GST summons for egaming firms

Amazon has pumped Rs 600 crore in its local fintech unit Amazon Pay India. This and more today’s ETtech Top 5.

Thousands of doctors go on strike in England a week before the UK general election

The five-day strike by junior doctors - those in the early years of their careers - shines a spotlight on the troubles besetting the chronically underfunded National Health Service, Britain's state-funded public health system, a topic that is a a top concern for voters going to the polls on July 4.

"President's address is actually the speech of the government," says Akhilesh Yadav

Samajwadi Party chief Akhilesh Yadav responded to the President's Address to the joint session of Parliament, noting it as a traditional representation of the government's views. He emphasized the significance of the speech as reflecting the government's stance. Meanwhile, Congress MP Pramod Tiwari criticized the government, describing it as tired and lacking willpower, with nothing new to offer for the nation's benefit. Congress leader Imran Masood echoed similar sentiments, alleging that the address was predetermined amidst what he termed as a situation akin to an emergency.

18th Lok Sabha: Om Birla 2.0, emergency attack and working with 'shehzada,' will Modi govt's approach in Parliament remain same?

The 18th Lok Sabha session showcased the NDA government's strength in securing crucial victories, despite opposition resistance. The dynamics of Modi 3.0 highlight a balance between continuity and potential policy challenges with key allies. The presence of Rahul Gandhi in parliamentary functions signifies a shift in power dynamics, emphasizing the government's reliance on strategic alliances for stability.

Third Eye: Party with several differences, extension after extension and govt tracks attendance, working hours of staff

The recent government directive requiring staff to arrive punctually and adhere to designated working hours has evoked memories reminiscent of 2014, when the NDA returned to power. BJP's review meetings in Uttar Pradesh have been marked by disorderly scenes, particularly in constituencies where the party faced defeat. Incidents of arguments, commotion, and even physical altercations have been reported from places like Saharanpur, Faizabad, Siddharthnagar, among others.

Sarkari babus don't be late to office or you'll lose attendance; Centre cracks whip on latecomers

The Centre's DoPT mandates biometric attendance by 9:15 AM, allowing a 15-minute delay with half-day leave deduction for latecomers. The directive enforces punctuality and advance notice, addressing concerns post-Covid-19 outbreak.

Govt pulls up Amazon for labour law violations in Manesar warehouse case

The union labour ministry in New Delhi criticized Amazon for inadequate occupational safety and working conditions at its Manesar warehouse. Labour secretary Sumita Dawra met with Amazon officials to address issues related to facilities like utilities and restrooms. The ministry found violations of labour laws impacting welfare and productivity of workers, leading to unrest among the workforce.

In search of 'decent work'

Former RBI Dy Guv ​Mohan said India could not break out of lower-income levels without massive employment in low-wage manufacturing. Lack of 'decent jobs' was so acute that Uttar Pradesh had 4      mn applicants for 60,000 constable jobs. India's labour force participation was barely 50% against 78% for Vietnam, 76% for China, and 65% for Indonesia. This underemployed mass could not be employed fully in services. So, it was essential to boost manufactured exports - that alone would produce enough 'decent jobs'.

Labour Codes: Secy to meet officials to take stock of state rules

The BJP-led NDA government is preparing to implement the four labour codes and will hold a meeting on June 20 with state labour secretaries and commissioners to review state rules. The aim is to align state rules with the Centre's model rules to ensure uniformity. Labour reforms are part of the government's 100-day agenda to enhance ease of doing business and attract investments. The government consolidated 29 central labour laws into four codes, with most states having framed rules across these codes.

Parliamentary work experience should be considered while electing Lok Sabha speaker: Sumitra Mahajan

Former Lok Sabha speaker Sumitra Mahajan emphasizes the importance of experience and smooth coordination for the presiding officer of the lower house in parliamentary proceedings.

Signing in: Modi-led new govt gets into work gear as ministers assume charge

Prime Minister Modi's third-term government commenced with ministers assuming office, focusing on continuity and change. Key portfolios remained with experienced leaders. Priorities include promoting India's global stance and internal development, addressing issues like China relations, and enhancing citizen services. Ministers pledged to fulfill Modi's vision of a prosperous and united Bharat.

Will keep working as BJP worker: Outgoing Union minister Anurag Thakur

Outgoing Union Minister Anurag Thakur, not included in the new BJP-led NDA government's ministerial list, vowed to continue working as a BJP member and support PM Modi's vision for India's development. Reelected to the Lok Sabha from Hamirpur, Thakur expressed confidence in Modi's leadership to drive India's progress.

Japan’s shocking population decline calls for urgent action, govt to take these actions, offer financial help

Birth rate and number of marriages have once again again Japan. This has prompted an urgent budgetary intervention by the government.

Lok Sabha Elections: How is a new government formed? Process, official work, oath taking

There are currently 543 members of the Lok Sabha, the lower house of the Indian Parliament. A party or coalition must win 272 Lok Sabha seats, or a majority of at least 50%, in order to form a government. This guarantees that they will have sufficient backing to enact laws and run the government efficiently. The party can form a government on its own if it wins more than half of the seats in the Lok Sabha.

Govt finally takes note of woes of companies that need but can't get Chinese hands on time

Many Indian companies need Chinese expertise for execution of certain phases of projects. But visa issues don't allow these entities to avail the services of these workers when they need it. The Indian govt is seized of the problem and is now planning a fix.

Maldives decides to amend laws to ban Israeli passport holders

Maldivian government decides to ban Israeli passport holders from entering the country amid public anger over Gaza attacks.

Alliance works for Manish Tewari, but Congress divided

In Dhanas, a resettlement colony near Chandigarh's Sector 25, Congress, Aam Aadmi Party, and Samajwadi Party leaders are waiting for Congress spokesperson and former minister Manish Tewari. Tewari is running a high-pitched campaign with the help of Congress and AAP cadres. The BJP is battling an obvious anti-incumbency, and the party has replaced two-term MP from Chandigarh, Kirron Kher, with trusted foot soldier Sanjay Tandon.

Study in Canada: What is a Designated Learning Institution & is it mandatory to be enrolled into one?

International students aiming to study in Canada need a letter of acceptance from a Designated Learning Institution (DLI) for a study permit. Choosing the right DLI is crucial, especially for a Post-Graduation Work Permit (PGWP) application.