The law ministry has pitched for the incorporation of a “sunset” clause or automatic repeal provision in certain type of bills to de-clutter statute books and has put it in its 100-day agenda. The sunset clause applies primarily to laws of temporary nature or those dealing with dynamic situations.Once their utility ends, they stand removed from the statute books. The legislative department in the ministry has made “sunset clause” in new legislative proposal a part of its 100-day agenda, saying steps will be taken in this regard in consultation with…
Tag: agenda
Congress may end tax breaks for gifts to nonprofits with political agenda
[ad_1] new York Times informed of Chicago businessman Barre Seid donated his entire business, tax-exempt, to the Marble Freedom Trust, a tax-exempt advocacy organization run by conservative activist Leonard Leo. A few months later, the trust sold the stock for more than $1.6 billion. And now it can use the tax savings to help fuel its political agenda. Democrats and Republicans have become more aggressive with both tax and campaign finance laws since the US Supreme Court of 2010 Citizen United decision, But the $1.6 billion gift is the largest…
SBI to accelerate digital agenda in FY23: Chairman Dinesh Khara
[ad_1] state Bank of India ,State Bank Of India) will intensify its digital agenda at the level of its front and back offices in the current fiscal, Chairman Dinesh Khara said in the bank’s annual report for FY12. The lender intends to expand the scope and reach of its app YONO and enhance the user experience of the platform. In business operations, your bank will leverage internal data and advanced analytics for deeper insights on its best possible use,” Khara said in its message to shareholders. Mutually beneficial partnerships with…