Ordinances Current Affairs - 2020

Ordinance passed by UP to suspend labour laws

On May 7, 2020, the Uttar Pradesh Government passed an ordinance to suspend labour laws in the state for three years. The ordinance is being passed to boost industrial investment and also help the migrants who have returned back to the state. Around 7 lakh migrant workers from all over the country have returned back Read More…

Lok Sabha clears Taxation (Amendment) bill, 2019

On December 2, 2019, Lok Sabha passed the Taxation Laws (Amendment) bill, 2019. The main objective of the bill is to provide an option for the domestic companies to pay taxes at the rate of 22%. Key Features The bill replaced the ordinance promulgated by the President in September 2019. The ordinance reduced corporate taxes. Read More…

Government Promulgates Ordinance to amend Companies Act, 2013

Union Cabinet has approved proposal for promulgation ordinance to amend the Companies Act, 2013. The ordinance had received assent from President Ram Nath Kovind under Article 123 and has been promulgated. The amendments to the Act are aimed to promote ease of doing business as well as ensure better compliance levels. Key Facts The ordinance Read More…

Cabinet approves ordinance to amend law for speedy disposal of commercial disputes

The Union Cabinet chaired by Prime Minister Narendra Modi has approved promulgation of Ordinance amend a law for speedy disposal of commercial disputes. This decision aims to improve India’s ranking in World Bank’s ease of doing business index. The index takes into consideration dispute resolution environment in country, which facilitates investors in deciding for setting Read More…

Cabinet approves ordinance for death penalty for child rapists

The Union Cabinet has approved promulgation of Criminal Law (Amendment) Ordinance to provide death penalty for rapists of girls below 12 years. The ordinance amends Indian Penal Code (IPC), Criminal Procedure Code, Protection of Children from Sexual Offences (POCSO) Act and Indian Evidence Act. Key Provisions of Ordinance It provides for stringent punishment of jail Read More…