A Comprehensive List of Licenses for the Hotel and Restaurant Business

Hospitality is the most booming service industry. With a high disposable income, quality of service and customer satisfaction are needed for its growth. The Hospitality industry encompasses a broad category of service segments within itself, like Food & Beverages, Travel & Tourism, Lodging and Recreation, Event Planning, and many more. The Hotel and Restaurant business…

Exclusion portion of salary cannot go beyond 50%

Exclusion portion of salary cannot go beyond 50% – Let’s Talk Compliance

One significant change that is done under the proposed labour codes is on the definition of the term ‘wages’. Currently, various legislations follow various definitions. But the term is supposed to have a uniform definition under the codes, ideally making the determination of wages easy for employers. The quantum would be the same for various purposes, say,…

LLP Settlement Scheme, 2020

Lets Talk Compliance – LLP Settlement Scheme, 2020 – a posse ad esse!!

As per legal maxim, A POSSE AD ESSE means from possibility to reality, based on various representations Ministry of Corporate Affairs launched “LLP Settlement Scheme, 2020” as modified w.e.f 01st April’2020 to provide Onetime relaxation to the defaulting LLPs for filing pending statutory forms in order to bring the non-compliant into legal fold. The scheme…

Let’s Talk Compliance – Advance Ruling – In Personam Relief

The Government of India after considering the complexity of tax systems introduced De jure forum to pronounce the Advance Ruling as In Personam Relief (i.e., Relief to specific person). Advance Ruling refers to the written response or decision by “Authority for Advance Ruling” (AAR) and “Appellate authority for Advance Ruling” (AAAR). It is a legal…

COVID-19 and its CSR Compliance

Lets Talk Compliance – C0VID-19 & CSR Compliance

What is CSR? A business organisation, in addition to generating profit, has social obligations too.   Besides addressing the expectations of shareholders and the stake-holders, it has the responsibility to give back to the society in which it operates. Corporate Social Responsibility is the way through which a company achieves a balance of Economic, Environmental and…

Ease of Doing Business in India & Labour reforms

How Labour Reforms contribute to Ease of Doing Business

Introduction: Discussions and debates on the amendments to the Indian Legal system and sudden imposition of the Digitalisation in the life of normal people, clearly elucidate the intention of our Government to develop our Economy on par with other economies. The World Bank’s Ease of Doing Business is a stepping stone for us to realize…

Perpetual License and proposed amendments under FSSAI

Perpetual License and other proposed amendments under Food Safety and Standards Act, 2006

FSSAI (Food Safety and Standards Authority of India) has proposed to do away with complex year-on-year license renewal process by introducing perpetual (permanent) licenses and registrations under the Food Safety and Standards Act, 2006. This move will furthermore enhance the ease of doing business for the food businesses in India. The FSSAI has proposed to…

NEEM Scheme – AICTE revisits for enhanced process

In addition to Apprentice training under Apprentices Act -1961 and trainees engaged as per Standing order provisions, a new initiative was notified by AICTE (All India Council of Technical Education) on 15/4/2013 in the name of NEEM  (National Employability Enhancement Mission) with an objective to offer “on the job practical training” to enhance employability of…

Laws of High Sea and its effect on labour law focused on indutries like Oil rigs, petroleum refineries etc.

Let’s Talk Compliance – The Law of High Seas – Labour Laws perspective

Introduction: We are living in an era of rising expectations from people and increasing consumerism. This has paved the way for business expansion beyond land borders and, many companies have ventured into the sea to tap the natural potential and convert this into business opportunities. Until a few decades ago, there were no national or…