101st Constitution Amendment Act, 2016: A way towards uniform taxation

  • Post author By Ayush Jha
  • Post date February 14, 2022
Constitution Amendment Act

The constitution of India prescribed the power to levy tax on both the union and state government by its union list and state list. The 101st constitution amendment act introduced the system of 'one nation, one tax'. One indirect taxation system applicable throughout the nation removes the barriers proposed by the taxation system introduced by both central and state governments. It extends to the union territory of Jammu and Kashmir and is governed by the central goods and services tax (Extension to Jammu and Kashmir) Act, 2017. This pan India unifor...

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Equal Remuneration Act 1976 and its compliance with Directive Principles State Policy

  • Post author By Ayush Jha
  • Post date February 10, 2022
Equal Remuneration Act

The Equal remuneration act (E.R. Act), 1976 recognises the concept of equality among equals. The Equal remuneration act 1976 provides equal pay for equal work for both men and women, and implementation gets carried out under the ambit of equal remuneration rules 1976. This act complies with the provision enshrined under article 39(d) of the constitution of India 1950. Article 39(d) comes under directive principles of state policy. As the name suggests, these principles are directive in nature and don't have any legal binding. These directive principl...

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A public company in India: Achieving equity growth in passing years

  • Post author By Ayush Jha
  • Post date December 9, 2021
public company in india

The companies act 2013 incorporates a public company. The directors of the company manage the company, and the shareholders own it. A public company has limited liability, and its shares are tradable in the public market and also known as public limited liability. A public limited company gets regulated by various legislation either in its business or in trading its shares. A public limited company in India is obliged to make its financial reports and balance sheets public to give shareholders all the information about the company before investing in ...

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Categories:
Business & Employment Law

Types of companies in India and their formation under the companies act, 2013

  • Post author By Ayush Jha
  • Post date December 9, 2021
types of companies in India

The definition of a company is prescribed under the companies act, 2013. A company is an entity incorporated under the companies act, 2013 or under any previous company law. A company is considered a legal entity or a legal person. Companies have the right to enter into contracts with other parties and sue or sued in the court of law, can possess and transfer properties in the same way as natural persons or incorporated association of persons. Features of companies act Separate legal entityA company is considered an independent or separate legal...

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Business & Employment Law

Guide To Minimum Wages in India: Ensuring standard lifestyle for employees

  • Post author By Ayush Jha
  • Post date December 9, 2021
minimum wages in India

It was 15th March 1948 when the Minimum wages act 1948 came into force. It is an act of parliament enacted to ensure a minimum wage for skilled and unskilled workers employed in industries, factories, any place of business or other establishments. The act ensures that their employers do not exploit employees in any type of establishment or industry. The central government is empowered to make rules related to the minimum wages for the scheduled employment under this act; the least amount of remuneration required to be paid to an employee by an employe...

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Business & Employment Law

SUPREME COURT: A COURT OF RECORD AND ITS POWER

  • Post author By Ayush Jha
  • Post date December 9, 2021
SUPREME COURT: A COURT OF RECORD AND ITS POWER

The Supreme court, the Apex court of India, acts as an appellate court whose decision is binding on all other courts(i.e., District courts or High courts) of India. It also acts as a court of record under Article 129 of the constitution of India. A court of record, a court whose powers and proceedings get as reference for perpetuity and testimony. These records are of high evidentiary value and cannot be brought into question when presented before any other court. A court of record can punish and imprison for any offence, including the power to punish ...

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Court Laws

Extortion 384 IPC – Punishment for Extortion

  • Post author By Ayush Jha
  • Post date December 9, 2021
384 IPC

Extortion gets termed as an offence under section 383 of the Indian Penal Code, 1860.It also gets referred to as threatening a person to cause injury to him and inducing him to obtain any benefit or advantage from him.It's a dishonest inducement to make another person deliver any property or any valuable security or anything signed, sealed, which may get converted into any valuable security.Mere causing of wrongful loss would not be sufficient to establish a case of extortion. The offence of extortion gets completed when the property deliver...

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Categories:
Criminal Law

Cybercrime: Women & Children as Prone Targets

  • Post author By Ayush Jha
  • Post date December 9, 2021
cyber law in India

With changing scenarios and the adoption of digital mediums & AI (artificial intelligence) for manual work, the cyber world has increased its ambit. With this increase, cybercrimes have also established their feet in the human world. Especially women and children are the prone targets of cybercrime. The cyber law in India protects the citizen from getting victimised of cybercrimes. Cheating, fraud, defamation, misrepresentation, publishing vulgarity, spreading fake news, sextortion, cyberbullying, cybersex trafficking, phishing, etc., are some types of...

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Categories:
Electronics and Information Technology

Limited liability partnership: Secured liabilities

  • Post author By Ayush Jha
  • Post date December 7, 2021
Limited Liability Partnership

A limited liability partnership (LLP) is a type of partnership in which the company's liability is separate from that of its partners. The partners of a business having limited liability are free from being personally liable for the debts or financial losses of the company. An LLP is governed in India by the Limited liability partnership act 2008. An LLP is a body corporate and a legal entity separate from its partners. An LLP continues to exist till perpetuity, even if its partners change. The partners in an LLP are liable up to the extent of their ...

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Consumer protection act 2019: Guarding interest of consumers

  • Post author By Ayush Jha
  • Post date December 7, 2021
Consumer Protection Act

The consumer protection act 2019 (COPRA Act) was enacted and came into force on 1st July 1987 to protect the consumers against deceptive and unfair trade practices. The act ensures that the consumers remain protected from buying defective goods and services and don't get deceived. It aims to satisfy its objectives by settling the consumers' claims by establishing effective administrative and judicial authorities. The act provides measures for the protection of consumers from unethical market practices. Now comes the question, who is consumer? So, a co...

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