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    Trade war will help India emerge as bigger trading, manufacturing base: Jaitley
    Competition Commission of India (CCI) imposes penalty upon Esaote S.p.A and Esaote Asia Pacific Diagnostic Pvt. Ltd. for abusing dominant position
    Investor Education and Promotion Fund Authority unveils new logo
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September 28, 2018
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Insolvency and Bankruptcy Code enforcement spurs debt servicing culture and ethical compliance, linking trade shifts to business opportunity.
The Insolvency and Bankruptcy Code intensifies obligations on firms to service debt and curtails fly by night operators, while emphasis on tax compliance and ethical business practices seeks to protect taxpayers and lenders. Simultaneously, global trade tensions are seen to create export and manufacturing opportunities for Indian producers as supply chains adjust, though rising crude oil import dependence presents a macroeconomic risk.
September 27, 2018
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Abuse of dominant position found for restricting after sales services and imposing unfair maintenance charges.
The Commission held Esaote dominant in the market for standing/tilting MRI machines and found it abused that position by supplying older machines instead of new ones, refusing to provide head coils, and demanding arbitrary charges for comprehensive maintenance, while exclusive distribution limited after sales competition; a penalty was imposed based on relevant turnover from G Scan MRI sales in India and a cease and desist order issued.
September 13, 2018
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Investor education and protection strengthened by MoU deploying village level e governance, training, and a real time monitoring portal.
The Authority executed a Memorandum of Understanding with CSC E Governance Services to implement Investor Awareness Programmes via Village Level Entrepreneurs: CSC will identify and train VLEs, prepare IEC materials with the Authority, deliver master training under a training of trainer model, conduct publicity, maintain project MIS in agreed formats and develop a dynamic web portal for real time assessment, monitoring and engagement of partner institutions and resource persons to deliver and track investor awareness and protection activities.

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Acts Income Tax