-The Hindu Overregulation risks retarding growth and job creation in the e-commerce sector  Barely 11 months after the Government notified the Consumer Protection (E-Commerce) Rules, 2020, the Department of Consumer Affairs has mooted a set of sweeping amendments, ostensibly “to protect the interests of consumers... and encourage free and fair competition in the market”. Among them is a norm stipulating the appointment of a chief compliance officer, a nodal contact person for...

-Newsclick.in Finance ministers from G7 countries have agreed on a deal to check tax avoidance by the biggest multinational conglomerations. How the G20 reacts to this accord and how these plans are implemented, remains to be seen. A recent report by ProPublica has revealed how multibillionaires from the US, including Amazon’s Jeff Bezos, Tesla’s Elon Musk, Microsoft’s Bill Gates and Facebook’s Mark Zuckerberg, among others, have managed to avoid paying federal taxes...

-IndianSpend.com Recent changes to environment clearance rules allow polluting industries to expand their operations and change their product mix without full central scrutiny. This may weaken the already poor compliance with environmental regulations and could even lead to industrial accidents like the 2020 Visakhapatnam gas leak, experts say. New Delhi: Recent changes in the environment clearance process for India's most polluting industries will allow them to expand their capacity and change their...

-The Hindu There are recognised ways to overcome the patents hurdle, ensuring social justice and boosting the COVID-19 battle In order to achieve global herd immunity and prevent new strains of COVID-19 from emerging, possibly for years to come, vaccines need to be affordable and available in massive quantities throughout the globe. This can happen through patent owners voluntarily licensing their products to other companies, especially Indian producers who are experienced at...

-The Hindu FCRA approvals take a lot of time, the government needs to urgently grant an exemption for all such donations, tax and legal experts said. Indian entities, including hospitals and charitable trusts, hoping to receive COVID-19 relief material from overseas individual donors or donor agencies, could be in trouble, unless they are registered under the Foreign Contribution Regulation Act (FCRA) with a stated objective involving provision of medical care. On May 3,...