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CBEC Exchange Rate notification May 16, 2013
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS NOTIFICATION NO. 54/2013-CUSTOMS (N.T.) DATED THE 16th May, 2013 26 Vaisakha, 1935(SAKA) S.O. (E). In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of… Read More
SEBI Issues Frequently Asked Questions on ‘Business Responsibility Reports’
SEBI has issued 'Frequently Asked Questions' (FAQs) on 'Business Responsibility Reports' ("BR Reports") providing clarifications/ interpretations to various queries received on SEBI Circular dated August 13, 2012 on 'Business Responsibility Reports'. In the larger interest of public disclosure regarding steps taken by listed companies from Environmental, Social and Governance (ESG) perspective, SEBI had mandated inclusion… Read More
CLR Snippets | MCA Website Unavailability
Notification on the website of Ministry of Corporate Affairs MCA Portal services will not be available from 2300 hours on 18 May 2013 to 0500 hours on 19 May 2013 due to maintenance. Read More
CBEC examines issues regarding difficulties faced in availing exemption in Oil Exploration Sector
Circular No. 21 /2013-Customs F.No.B1/20/2013 -TRU Government of India Ministry of Finance (Department of Revenue) Tax Research Unit ***** New Delhi, dated 16th May, 2013 To, All Chief Commissioners of Customs. All Chief Commissioners of Customs & Central Excise. All Chief Commissioners of Central Excise. Subject: Difficulties being faced in availing exemption relating to the… Read More
Maharashtra Plan For 2013-14 Finalized
The Annual Plan for the year 2013-14 for Maharashtra was finalized here today at a meeting between Deputy Chairman, Planning Commission, Mr. Montek Singh Ahluwalia and Chief Minister of Maharashtra, Shri Prithviraj Chavan. The plan size has been agreed at Rs.49,000crore. In addition the PSE plan has been fixed at Rs. 31.500 crore. The aggregate… Read More
PM directs Planning Commission to formulate Draft Bill on Dispute Resolution in Public Contracts
The Prime Minister has tasked the Planning Commission to formulate a draft Bill on Dispute Resolution in public contracts in consultation with all stakeholders and Ministries. Dispute resolution in large public contracts is an area of growing concern and the Prime Minister has initiated the first steps in improving the institutional arrangement for dispute settlement.… Read More
CLR Snippets | Cabinet Revises Income Criterion applying to “Creamy layer” in OBCs
The Union Cabinet today gave its approval for increase in the present income criterion of Rs. 4.5 lakh per annum for applying the Creamy Layer restriction throughout the country, for excluding Socially Advanced Persons/Sections (Creamy Layer) from the purview of reservation of Other Backward Classes (OBCs). The new income criterion will be Rs. 6 lakh… Read More
CCEA Approves Upgradation of Vizag Port
The Cabinet Committee on Economic Affairs has approved the project for upgradation of existing facility and creation of a new facility at Visakhapatnam Port Trust for iron ore handling in two phases on Design, Build, Finance, Operate and Transfer (DBFOT) basis at an estimated cost of Rs. 845.41 crore. The project will be taken up… Read More
CCEA approves continuation of same scale allocation of food stocks to Above Poverty Line families
The Cabinet Committee on Economic Affairs (CCEA) has approved the continuation of the same scale of allocation to APL families during 2013-14 under the Targeted Public Distribution System (TPDS). As on 1st April, 2013, the total stocks of rice and wheat in the Central Pool is 596.75 lakh tonnes comprising 354.68 lakh tonnes of rice… Read More
Cabinet to Consider Land Sale Bill to unlock values
The Union Cabinet is set to consider on a policy which is aimed at helping unlock values of unused land under Government Institutions in a transparent manner. Salient features of the proposed comprehensive Land Sale policy: It covers land owned by statutory bodies and surplus land having a market value of less than Rs 50… Read More
Indo-US Co-Operation in Knowledge Sector
India and the US will further expand co-operation in knowledge sector. This was announced by the HRD Minister Dr. Pallam Raju during a round table discussion on Advances in US-India Academic Partnership in Washington. Dr. Raju who is leading an Indian delegation said that eight more awards have been finalized under the Singh-Obama Knowledge Initiative… Read More
Nomination of Export Promotion Council for Handicrafts as nodal agency for certificate on due diligence
(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 Notification No 13 (RE 2013)/2009-2014 New Delhi, Dated : 14 May, 2013 Subject: Nomination of Export Promotion Council for Handicrafts (EPCH) as nodal agency for certificate on… Read More
Bihar Plan for 2013-14 Finalized
The Annual Plan for the year 2013-14 for Bihar was finalized here today at a meeting between Deputy Chairman, Planning Commission, Mr. Montek Singh Ahluwalia and Chief Minister of Bihar, Sh. Nitish Kumar. The plan size has been agreed at Rs. 34,000crore. Deputy Chairman Planning Commission complemented the State Government for plan performance and for… Read More
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