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    Memorandum of Understanding between India and Bangladesh and Mode of Operation of Border Haats for setting up of Border Haats of India-BangladeshBorde...
    Closure of HMT Watches Ltd. (HMTW), HMT Chinar Watches Ltd. (HMTCW) and HMT Bearings Ltd. (HMTB)
    The Negotiable Instruments (Amendment) Bill, 2015 notified; Focus on clarifying the jurisdiction related issues for filing cases for offence committed...
    Finance Minister: To make health and social security benefits accessible to un-organised sector workers like construction workers, migrant labourers, ...
    Guidance Note on Implementation of Reporting Requirements Under Rules 114F To 114H of the Income-Tax Rules, 1962
    India signs Financing Agreement with World Bank for US$50 Million for Nai Manzil Education and Skills Training for Minorities
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January 6, 2016
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Border Haats agreement enables local cross-border markets to promote welfare through local-currency and barter trade at designated sites.
Approval is recorded for the bilateral Memorandum of Understanding and Mode of Operation for Border Haats between India and Bangladesh, including the 2010 MoU and 2012 addendum, authorising establishment of additional Border Haats in consultation with the Government of Bangladesh and concerned State Governments and permitting modification of terms in consultation with relevant Central and State agencies and the Government of Bangladesh to promote local markets using local currency and/or barter for the welfare of border communities.
January 6, 2016
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Voluntary separation packages enable closure of three loss-making public subsidiaries with employee settlements and asset disposal.
Approval was given to offer VRS/VSS at 2007 pay scales to employees of three loss-making subsidiaries to effect workforce separation, settle dues, and enable cessation of operations, with disposal of movable and immovable assets per government policy and targeted cash assistance to facilitate closure and employee settlements.
January 5, 2016
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Jurisdiction for cheque dishonour cases limited to payee's bank branch location; retrospective validation and centralisation enabled.
Clarification restricts filing for cheque dishonour offences to the court within whose local limits the payee's bank branch (where the payee delivers the cheque through his account) is situated, with an exception for bearer cheques presented at the drawee branch whose local court gains jurisdiction; the amendment validates this scheme retrospectively and mandates centralisation of cases against the same drawer.
January 5, 2016
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Access to social security for unorganised workers urged via single-window contributions and extension of pension coverage and wage protections.
Making social security and health benefits accessible to unorganised sector workers is a central policy priority, with a proposed single-window mechanism for employer contributions, convergence of benefits across workforce groupings above a minimum threshold, extension of pension coverage to unorganised workers, and strengthening existing social protection schemes to improve coverage and delivery.
January 4, 2016
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FATCA and CRS reporting guidance for financial institutions: identifying RFIs, due diligence, thresholds, Form 61B reporting timelines.
Guidance prescribes how Indian Reporting Financial Institutions must identify Financial Accounts and Reportable Accounts, apply tiered due diligence for new and pre existing individual and entity accounts (including look through to Controlling Persons of passive NFEs), and report specified information on Form 61B to the Income tax Department. It sets definitions for FI categories, Excluded Accounts, aggregation and thresholds, timelines for review and phased reporting under FATCA and CRS, filing procedures, and compliance and penalty provisions.
January 1, 2016
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Result-based financing ties project disbursements to verified education and skills outcomes for targeted minority youth.
The Financing Agreement provides an IDA credit alongside government co-financing for the Nai Manzil program targeting minority BPL youth aged 17-35 to improve education and employability. The agreement employs result-based financing, conditioning disbursements on achievement of specified outputs such as enrollment and completion of education and skills components, and sets a project closing date for completion.

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