Corporate social responsibility (CSR) Current Affairs - 2020

Provisions of Taxation and Other Laws (Relaxation and Amendment of Certain provisions) Bill

Parliament passed the Taxation and other laws (Relaxation and Amendment of certain provisions) bill, 2020 on September 23, 2020. It replaces the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 that was promulgated on March 31, 2020. The new bill will make few changes to direct and indirect tax laws including  the Income Read More…

PRATHEEKSHA: First Marine Ambulance launched by Kerala Government

Around thirty fishermen lose heir lives at sea in a year due to accidents during fishing. Under this context, the Government of Kerala has launched Marine Ambulance services to provide more efficient rescue. Highlights The Marine Ambulance specializes in providing first aid and also rescue operations. The ambulance is capable of providing critical care to Read More…

Supreme Court rules private labs to make COVID-19 tests free of cost

On April 8, 2020, the Supreme Court of India ordered the private labs to make COVID-19 testing in private labs free of cost. The GoI had earlier allowed the private labs to test COVID-19 after being approved by ICMR. The prices of the test were capped at Rs 4,500. Ruling of the SC The Supreme Read More…

Odisha sets up COVID-19 dedicated hospitals with 1,000 beds

On March 27, 2020, the Odisha Government announced that it is to set up two COVID-19 dedicated hospitals under PPP (Public Private Partnership) model. Highlights Around 84,000 people have returned from abroad in the state. There are so far three positive cases in the state. The Government forecasting the spread of the virus has prepared Read More…

Cabinet Approval: To amend Companies Act, 2013

On March 4, 2020, the Union Cabinet approved 72 changes to the Companies Act, 2013. The main aim of the amendment is to decriminalize the provisions in the act. Highlights The amendment aims to recategorize 23 offences and omit 7 compoundable offences. Under the amendment, the companies with Corporate Social Responsibility (CSR) obligation of less Read More…