Type
Subject
GS Paper

Important Legislation

Acts, Bills & Amendments

31 total
enacted act 2017

Central Goods and Services Tax Act, 2017

Replaces: Central Excise Act 1944, Service Tax (Finance Act 1994), multiple state VAT/sales tax laws, Entry Tax, Octroi, Purchase Tax, Luxury Tax, Entertainment Tax · One nation, one tax — subsumes 17 Central and State indirect taxes into a single...

GS3
enacted act 2016

Insolvency and Bankruptcy Code, 2016

Replaces: SICA 1985, Recovery of Debts Due to Banks and Financial Institutions Act 1993, SARFAESI Act 2002 (partially), Presidency Towns Insolvency Act 1909, Provincial Insolvency Act 1920 · Time-bound insolvency resolution: 180 days (extendable by 90 days, total cap 330...

GS3
enacted act 2002

Competition Act, 2002

Replaces: Monopolies and Restrictive Trade Practices (MRTP) Act, 1969 · Prohibition of anti-competitive agreements including cartels, tie-in...

GS3
enacted act 1988

Prevention of Corruption Act, 1988

Replaces: Prevention of Corruption Act, 1947 and relevant provisions of the Indian Penal Code (Sections 161-165A) · Definition of 'public servant' covering government employees, judges, elected...

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