On 17th October 2019, the Central government and Ministry of Finance after much deliberation came up with regulations notifying amendments in the provision of section 139, 143 and 144 of Finance Act 2015 of FEMA. It clarifies the power of the Centre concerning RBI in regulating foreign exchange transactions.
Month: October 2020
The heinous crime of rape is defined under Section 375 of the Indian Penal Code of 1870. This includes all forms of sexual intercourse without the consent of a woman. However, this section exempts unwilling or forced sexual intercourse by a husband to his wife provided the wife is aged over fifteen years.
The main objective of the act is to make it illegal for a person to produce/cultivate, possess, sell, purchase, transport, store, or consume any of the narcotic and psychotropic substances. This legislation of 1985 has gained significant momentum in 2020 during the lockdown for preventing the spread of COVID-19 in the entire nation.