eMinds Legal Advocates & Solicitors
eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.
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Government of India has decided to prepare a new series of Consumer Price Index for Industrial Workers
Ministry of Labour and Employment, Government of India has decided to prepare a new series of Consumer Price Index for Industrial Workers. For this purpose, Government has set up a Standing Tripartite Committee (STC) to advise the Government on issues pertaining to the Consumer Price Index for Industrial Workers (New Series). The STC will go… Read More
Journalists from Electronic Media are not covered under the Wage Board for journalists
The journalists from electronic media are not covered under the Wage Board for journalists. There is no proposal at present to include all journalists in electronic media under the Wage Board. The Ministry of Labour and Employment administers the Working Journalists and Other Newspaper Employees (Conditions of Service) and Miscellaneous Provisions Act, 1955 for the… Read More
Violation of EPF Act
Details of number of cases under Section 7A of Employees™ Provident Funds & Miscellaneous Provisions Act, 1952, initiated against the defaulting establishments during the last three years are as under: 2010-2011 2011-2012 2012-2013 26568 19615 17147 Details of Action taken during the said period is as under: (i) Number of prosecution cases filed under Section 14… Read More
Data of Members under EPFO on Web Facility
Employees™ Provident Fund Organisation (EPFO) has date of birth details for more than 4 crore members out of a total members of 8.87 crore as on 01.08.2013. Web facility has been provided to the Employers to upload the date of birth details of all employees. Further, Field Offices of EPFO have been directed to ask… Read More
Statement by Shri P Chidambaram, Union Finance Minister in Parliament
Following is the Text of the Statement made by the Union Finance Minister Shri P. Chidambaram in Parliament today: Last year, at this time, the foremost challenge to the Indian economy was the growing fiscal deficit. Hence, on August 6, 2012 I made a statement on the path of fiscal consolidation that we intended to take. Following… Read More
Defence Funds under Corporate Social Responsibility
The amount spent by the Defence Public Sector Undertakings (DPSUs) under Corporate Social Responsibility (CSR) activities during the last three years, i.e. during 2010-11, 2011-12 and 2012-13, is given in Annexure Name of the DPSU Amount spent on CSR activities (Rs. in lakhs) 2010-11 2011-12 2012-13 (provisional) Hindustan Aeronautics Ltd 179.19 580.65 888.12 Bharat Electronics… Read More
Patents to Traditional Ayurvedic Medicine
Any readymade formula of traditional Indian Ayurvedic System of Medicine cannot be patented since an invention, which in effect, is traditional knowledge or duplication of known properties of traditionally known components has been made non-patentable under Section 3(p) of the Patents Act, 1970. Moreover, the substantial improvements over traditional medicines which meet the requirements prescribed for patentability in… Read More
eBiz Portal to serve as a 24X7 online single-window system
Ministry of Commerce & Industry launched the eBiz portal on 28.01.2013 comprising the License and Permits Services component that will allow business users to obtain information on customized list of licenses, permits, and regulations that they require or need to comply with across all levels of government in five pilot States viz., Andhra Pradesh, Delhi,… Read More
A Statement on FDI Inflow
India has a liberal Foreign Direct Investment (FDI) policy wherein most of the sectors are open to Foreign Direct Investment (FDI) on the automatic route except a few which are either prohibited or restricted for FDI. The clearances and permissions for setting up industries are granted by various authorities at the central and state level.… Read More
Setting Up of NIMZ – National Investment and Manufacturing Zones
Government has granted in-principle approval to five National Investment and Manufacturing Zones (NIMZs) outside the DMIC region. The state governments have to acquire the necessary land before any projects can be considered in these zones. Eight zones have been announced as NIMZ along the Delhi Mumbai Industrial Corridor (DMIC). The Government has received nine proposals… Read More
Concessions to Exporters – A report
The details of amount released to each of the States//Union Territories under Assistance to States for Developing Export Infrastructure and Allied Activities (ASIDE) Scheme during last three years and the current year are enclosed as Annexure-I. Under the ASIDE scheme, a major portion of the fund allocation is provided to all the States / UTs on the basis of a… Read More
Policy on Trade of Agricultural Products
The Government, from time to time, keeps receiving representations from various quarters on various aspects related to agricultural export policy. This issue was also raised by Sh. Raju Shetty, MP in the Parliament. The export of agricultural products depends on various factors including availability of surplus over and above the requirement of buffer stock including… Read More
Exports to Asean
Details of the trade carried out between India and the Association of South East Asian Nations(ASEAN), Argentina and the South Asian countries during the last three years and current year are at Annex-I, Annex-II and Annex-III. ASEAN and India has set bilateral trade target of US$100 billion by 2015. The bilateral trade target with Indonesia, Thailand, Myanmar and Vietnam… Read More
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