Telangana is the 12th most populated state and 29th state of the country. However, Telangana got bifurcated on 2nd June 2014, its capital being Hyderabad. It got bifurcated from Andhra Pradesh. Earlier, Telangana constituted the northern part of Andhra Pradesh. Andhra is now a state with 13 districts and Amravati being the administrative capital. The bifurcation movement for Telangana had …
HIGHLIGHTS OF TODAY’s INDIA BUDGET 2022-2023
Article 112 of the Indian constitution states that the annual budget is a statement of estimated expenditure of the government for the complete year. It will be released on 1st of February every year and gets in to implementation from 1st April to 31st March of the following year.
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Summary of Pre-Packaged Insolvency Resolution Process
A pre-packaged insolvency option which would allow the debtors and creditors to work for an informal plan has been proposed by Indian and once the freeze on the filings is lifted as the nation braces for a spike in bankruptcies, the plan would be submitted for approval. Comments have been invited by the Ministry of Corporate Affairs from the General …
All about MSME | MSME Benefits, Schemes in India
In India, MSMEs are even considered a backbone by few scholars as it accounts for almost 8% of the country’s GDP, 45% of manufacturing output, and over 40% of exports. In addition to this, MSMEs are a vital part of the Indian economy and have contributed to the country’s socio-economic growth. It creates job possibilities and contributes to the development …
THE ENEMY PROPERTY ACT, 1968 AND ITS AMENDMENT (2017)
The Enemy Property Act, 1968 is a governing act which regulates and enables the property appropriation in India owned by Pakistani nationals and is act passed by the Parliament of India. The act was passed after the 1965 war of India and Pakistan. The ownership has been passed to the government department, Custodian of Enemy Property for India. The act …