President Ram Nath Kovind give assent to Jammu and Kashmir Official Languages Bill, 2020

Conciliation (Amendment) Ordinance, 2020

President Ram Nath Kovind today gave assent to the Jammu and Kashmir Official Languages Bill, 2020, which was recently passed by the parliament. The Act makes Kashmiri, Dogri, Hindi, English and Urdu as the official language of the Union Territory of Jammu and Kashmir. Earlier only Urdu and English were the official language for the Union territory.

President Ram Nath Kovind gives assent to three farm bills passed by parliament

President Ram Nath Kovind today gave assent to three farm bills recently passed by the parliament. The bills are Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020, the Farmers (Empowerment and Protection) Agreement on Price Assurance and
Farm Services Bill, 2020 and the Essential Commodities (Amendment) bill, 2020. The act aimed at transforming agriculture in the country and raising farmers’ income. The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 permits the electronic trading of farmers’ produce and allows setting up of transaction platforms for facilitating direct
online buying and selling of farm products. The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act , 2020 provides for a farming agreement prior to the production or rearing of any farm produce. A guaranteed price to be paid for the purchase of farming produce will be mentioned in such agreements. The Essential Commodities (Amendment) Act, 2020 allows the central government to regulate the supply of certain food items only under extraordinary circumstances such as war and famine. The new act aims at creating additional trading opportunities outside the APMC market yards to help farmers get remunerative prices due to additional competition. This will supplement the existing MSP procurement system which is providing stable income to farmers. The act will create an ecosystem where the farmers and traders will enjoy freedom of choice of sale and purchase of agri-produce. It will open more choices for the farmer, reduce marketing costs for the farmers and help them in getting better prices.

Read more at PM Modi says India accords highest priority to Sri Lanka as part of India’s Neighborhood First approach

Read more at US Prez Trump vows to end his country’s reliance on China once and for all if voted to power

INSTALL TAX CONCEPT APP

Leave a Reply

S&P BSE SENSEX  ^BSESN 
₹ 47,705.80  ₹ 243.62  0.51%  
NIFTY 50  ^NSEI 
₹ 14,296.40  ₹ 63.05  0.44%  
NIFTY BANK  ^NSEBANK 
₹ 31,112.70  ₹ 95.70  0.31%  
USD/INR  INR=X 
₹ 75.29  ₹ 0.4410  0.59%  
GSTN Portal new GST signer and disabled “emsigner” ICSI Update 17th April, 2021 Read our new article -https://taxconcept.net/business-news/reveresal-of-itc-on-creditors-written-off/ CBIC- Attention Taxpayers Today is last Date of GSTR-1 GST TAXPAYERS WHO ARE UNDER QRMP SCHEME? Auto-population of e-invoice details into GSTR-1 trial ITR 1 and 4 Utilities for has been available for E-filing for the Assessment year 2021-2022 Accounting Software with Audit Trail