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Bureau of Indian Standards. The Bureau of Indian Standards ( BIS) is the National Standards Body of India under Department of Consumer affairs, [ 2] Ministry of Consumer Affairs, Food & Public Distribution, Government of India. [ 3] It is established by the Bureau of Indian Standards Act, 2016 which came into effect on 12 October 2017. [ 4]
Growing availability of Internet connected services and the issuance of 1.3 billion biometric ID numbers in the region has made it easier for Indian customers to open bank accounts and use electronic payment systems. As of 2023 there are 907.4 million internet users in India (64% of the population), a 35% increase since 2018.
Customs house agent. In India, a customs house agent (CHA) is licensed to act as an agent for transaction of any business relating to the entry or departure of conveyances or the import or export of goods at a customs station. CHAs maintain detailed, itemized and up-to-date accounts. A CHA license may be temporary or permanent.
Closeout (sale) A closeout or clearance sale (also called a closing down sale in the United Kingdom [ 1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy. [ 2]
The Indian passport is a passport issued by the Ministry of External Affairs of the Republic of India to Indian citizens for the purpose of international travel. It enables the bearer to travel internationally and serves as proof of Indian citizenship as per the Passports Act (1967). The Passport Seva (Passport Service) unit of the Consular ...
Urban Land (Ceiling & Regulation) Repeal Act, 1999. Status: Repealed. The Urban Land Ceiling Act was a law in India, that was passed in 1976. [citation needed] The stated purpose of the law is "bringing about an equitable distribution of land in urban agglomerations to subserve the common good." [ 1]
Cheque Truncation System ( CTS) or Image-based Clearing System ( ICS ), in India, is a project of the Reserve Bank of India (RBI), commenced in 2010, for faster clearing of cheques. [ 1] CTS is based on a cheque truncation or online image-based cheque clearing system where cheque images and magnetic ink character recognition (MICR) data are ...
Bohni. Bohni ( Hindustani: बोहनी or بوہنی) is a social and commercial custom of India and Pakistan that is based on the belief that the first sale of a day (or other selling period) establishes the seller's luck for subsequent choti transactions during the remainder of the day. [1] [2] In practical terms this means that sellers ...