GOM Recommendations on Restructuring Centrally Sponsored Schemes in the 12th Plan
The Union Cabinet today decided to restructure the existing Centrally Sponsored Scheme (CSS)/ Additional Central Assistance (ACA) schemes in the Twelfth Five Year Plan into 66 schemes, including Flagship programmes. This includes 17 Flagship programmes with significant outlays for major interventions required in health, education, irrigation, urban development, infrastructure, including rural infrastructure, skill development, etc. To… Read More
Tags: ACA, Cabinet of India, CSS, Himachal Pradesh, National Development Council, Scheme, Uttarakhand
Extension of Special Package of Industrial Incentive for the State of Jammu & Kashmir
The Department of Industrial Policy & Promotion (DIPP), Government of India, has extended the Special Package for Industrial Development of Jammu & Kashmir (J&K) for a further period of 5 years, upto 14th June, 2017. The earlier package of Industrial Incentive for the State of J&K was announced on 14.06.2002 for a period of 10 years… Read More
Tags: Department of Industrial Policy & Promotion, Government of India, India, Jammu, Jammu Kashmir, Kashmir, Mineral Water, Scheme
Double Digit Returns on National Pension System (NPS) Schemes for Financial Year 2012-13
The National Pension System (NPS) regulated by Pension Fund Regulatory and Development Authority (PFRDA) has delivered double digit returns for the financial year 2012-13 and has evidenced itself as not just being the cheapest retirement product but also as the highest returns generating scheme. PFRDA advises that various NPS schemes have earned the following average… Read More
Tags: Central Government, ICICI Prudential, Mutual fund, National Pension System, NPS, Pension fund, Private sector, Scheme
Pension to Aged Artists
Under the Scheme of Financial Assistance to Persons Distinguished in Letters, Arts and such other walks of life who may be in Indigent Circumstances and their Dependents, applications are received by the Ministry of Culture throughout the year. The above Scheme is being implemented since 1961 and there is a continuous flow of the applications… Read More
Tags: Expert Committee, Implementations, Languages, Lisp, Pension, Programming, Retirement, Scheme
Implementation of Direct Benefit Transfer Scheme
RBI/2012-13/498 RPCD.CO. LBS.BC.No. 75/02.01.001/2012-1 May 10, 2013 To CMDs of all SLBC Convenor banks and Lead banks Dear Sir, Direct Benefit Transfer (DBT) Scheme - Implementation Please refer to the paragraph 67 of the Monetary Policy Statement for 2013-14 announced on May 3, 2013. DBT is being rolled out in a phased manner with 43 districts taken… Read More
Tags: 1 July 2013, Aadhaar, Bank account, DBT, Direct Benefit Transfer, Implementation, Scheme, Unique Identification Authority of India
Approval for funding Phase IV of the UIDAI
The Cabinet Committee on Unique Identification Authority of India (CC-UIDAI) today approved cost estimates of Phase IV of the UID Scheme at an estimated cost of Rs.3436.16 crore which includes various project components such as cost of enrolment for additional 40 crore residents through multiple registrars, cost of updation services, cost of printing and delivery… Read More
Tags: Aadhaar, Finance Minister, India, Planning Commission, Scheme, UID, UIDAI, Unique Identification Authority of India
Chapter 5 of the Handbook of Procedures (Volume I) of EPCG Scheme as effective from 18 April 2013
TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY (PART-I, SECTION-1) GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE PUBLIC NOTICE No.01(RE-2013)/ 2009-2014 NEW DELHI, DATED THE 18th April, 2013 In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby notifies Chapter 5 of the Handbook of… Read More
Tags: Anand Sharma, EPCG, Export, Export Promotion Capital Goods, Government of India, New Delhi, Scheme, Special Economic Zone
DGFT Amends Chapter 3 of Foreign Trade Policy 2009-14
To be published in the Gazette of India Extraordinary Part II Section 3, Sub Section (II) Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan, New Delhi Notification No: 3 (RE-2013)/2009-2014 New Delhi, dated : 18/4/2013 S.O.(E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act,… Read More
Tags: Export, File Transfer Protocol, Government of India, International trade, New Delhi, Scheme, Scrip, Taxation in India
Features of New DVAT Forms 16 & 17 w.e.f. 1st April 2013
Return forms in Form DVAT 16 (for normal dealers) and Form DVAT 17 (for composition dealers) have been substituted with effect from 30.03.2013 vide notification no. F.3(15)/Fin.(RevI)/201213/dsvi/264 dated 30.03.2013. Both these returns, along with its annexures, shall be filed online on the website of the DVAT Department. Presently, the dealer is also required to file… Read More
Tags: Delhi, Invoice, New Delhi, Scheme, Stock transfer agent, Tax, Tax credit, Value Added Tax
Revision of Interest Rates for Small Savings Schemes With Effect from 1st April 2013
Based on the decisions taken by the Government on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), the interest rates for small saving schemes are to be notified every financial year, before 1st April of that year. Accordingly, the rate of interest on various small savings schemes for… Read More
Tags: Fiscal year, Government, Interest, Interest rate, NSSF, Percentage, Savings account, Scheme
Sanction of Scheme u/s 394 of Companies Act constitutes an “instrument” and “conveyance” within the meaning of the Stamp Act
CLR Editorial Notes: In the present case the aforementioned companies filed petitions before the High Court of Calcutta seeking exclusion of payment of stamp duty on transfer of properties pursuant to a sanction of Scheme under the Companies Act. The High Court of Calcutta has held that an order sanctioning a scheme of amalgamation or… Read More
Tags: Companies Act, Maharashtra, Ruby Sales, SANJIB BANERJEE, Scheme, Stamp duty, Supreme Court, West Bengal
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