by AIP Online Bureau | May 21, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
”The Committee is working to prepare draft guidelines under the Consumer Protection Act, 2019, to safeguard consumers from unwarranted commercial communications. We believe that these guidelines, once notified, will be helpful in addressing the menace of UCC...
by AIP Online Bureau | May 21, 2024 | Health, Indian News, Regulation, Risk Management
“We have carried out sample testing from both these companies and we have found that all 18 samples of MDH were compliant with standards. However, in case of Everest, some of the samples (out of 12) were non-complaint and for that we have told them to take corrective...
by AIP Online Bureau | May 6, 2024 | Eco/Invest/Demography, Indian News, Policy, Technology
Nirmala Sitharaman,Finance Minister GST, which was rolled out on July 1, 2017, had subsumed 17 taxes and 13 cesses into a 5-tier structure, thereby simplifying the tax regime. The turnover threshold for registration rose to Rs 40 lakh for goods and Rs 20 lakh for...
by AIP Online Bureau | May 5, 2024 | Eco/Invest/Demography, Health, Indian News, Policy, Regulation, Risk Management
“Some media reports are claiming that the Food Safety and Standards Authority of India (FSSAI) allows 10 times more pesticide residue in herbs and spices. Such reports are false and malicious. India has one of the most stringent standards of Maximum Residue...
by AIP Online Bureau | May 2, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
India is the world’s biggest exporter, producer and consumer of spices, and its domestic market for the products was valued at $10.44 billion in 2022, according to Zion Market Research. Beyond MDH and Everest, other major manufacturers include Madhusudan Masala,...