National Consumer Helpline Receives 10,170 Complaints in April

The National Consumer Helpline (NCH) received 10,170 calls during April 2011 for redressal of consumer complaints. In addition of these calls, 639 complaints were also received through online complaint system on NCH website. The maximum calls were received from Delhi followed by Uttar Pradesh,Maharashtra, Rajasthan and Haryana. Break-up of calls in respect of top five States during March 2011… Read More

Tags: Consumer Protection ActNational Consumer Helpline

Modification in the instruction regarding payment of MCA fees in Electronic Mode

The Ministry of Corporate Affairs has instructed that from Monday next, i.e. May 29th, 2011 the payment of less than Rs. 50,000/- through electronic mode will be permissible in the Investor Education and Protection Fund through Pay Misc. Fee functionality. This facility will also be admissible for user having category as Official Liquidator (OL) office,… Read More

Interests of LDC be Accorded Priority & Efforts to be made to Fast Track Negotiations

The Commerce and Industry Minister Shri Anand Sharma, visited Paris from 24-26 May to address the OECD ministerial meeting. During his visit he also participated in an infiormal meeting of trade ministers convened by Australia to take stock of progress of negotiations in WTO. He expressed satisfaction with the meeting , which was convened in… Read More

Tag: Ministry of Commerce

Bonus benefit to silk carpets under ITC HS code 57019090 and drawback code 570102

To be published in the Gazette of India Extraordinary Part -I, Section-1) Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade   Public Notice No.50 (RE-2010)/ 2009-14 New Delhi, the 27th May, 2011 Subject: Bonus benefit to silk carpets under ITC HS code 57019090 and drawback code 570102… Read More

Tag: Foreign Trade Policy

Review of Guidelines on entry of NBFCs into Insurance Business

RBI/2010-11/540 DNBS.PD.CC.No. 221/03.02.002/2010-11 May 27, 2011 All NBFCs Dear sir, Review of Guidelines on entry of NBFCs into Insurance Business Please refer to the circular DNBS.(PD).CC.No.13/02.01/99-2000 dated June 30, 2000 issued on Amendment to NBFC Regulations which contains the Guidelines for entry of NBFCs into Insurance Business. In terms of para 2 of the above guidelines,… Read More

Tag: NBFC

Reconciliation of failed transactions at ATMs

RBI/2010/11/547 dated May 27, 2011 The Chairman and Managing Director / Chief Executive Officers ;All Scheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks Please refer to our letter DPSS No. 711 / 02.10.02 / 2008-2009, 1424 / 02.10.02 / 2008-2009 and 101 / 02.10.02 / 2009-2010 dated… Read More

Overseas Direct Investment Liberalisation / Rationalisation

RBI/2010-11/548 Circular No. 69 dated May 27, 2011 All Category - I Authorised Dealer Banks Attention of the Authorised Dealer (AD - Category I) banks is invited to the Notification No. FEMA 120/RB-2004 dated July 7, 2004 [Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2004] (the Notification), as amended from time… Read More

Tag: Overseas Direct Investment

MCA clarifies on Body Corporate for section 226(3)(a) of the Companies Act, 1956

General Circular No.30/2011 GOI MCA Dated: 26:05:2011 All the Regional Directors, All the Registrar of Companies Clarification regarding ˜Body Corporate™ for the purpose of section 226(3) (a) of the Companies Act, 1956 The Ministry of Corporate Affairs has received representation from the Institute of Chartered Accountants of India wherein they have stated that under section… Read More

Tag: LLP

CS Practitioners meet on 30th May on Trade Marks

NIRC of ICSI cordially invitees all its members to attend, Meeting of Company Secretaries  in Practice, the topic for the meeting is "Trade Marks". The meeting will be on the 30th May, 2011, Monday at 6PM at ICSI-NIRC Building Auditorium, 4, Prasad Nagar Institutional Area, New Delhi. For further details please contact Executive Officer, NIRC of ICSI Phones… Read More

Allocation of 10,000 MT of raw/white sugar for the fiscal year 2010-11 (October- September) for export to EU under CXL Quota

To be published in the Gazette of India Extraordinary Part-I, Section-I Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 49 (RE-2011)/2009-2014 New Delhi, Dated the  25th May, 2011   Sub:  Allocation of 10,000 MT of raw/white sugar for the fiscal year 2010-11 (October- September)… Read More

Tag: DGFT

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