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A:544, Tower B2, Spaze i-Tech Park Gurgaon, Haryana, India
CLR Editorial Notes: The applicant, a Mauritius company, sold shares of Burroughs Wellcome (India) Ltd. The resultant capital gains were not chargeable to tax under the India-Mauritius DTAA. The AAR had to consider whether, as the Applicant had no income chargeable to tax in India, (a) the transfer pricing provisions were applicable to its, (b) section 115JB (MAT) was… Read More
GOVERNMENT OF KARNATAKA (Commercial Taxes Department) No: ADCOM (l&C)/DC(A3)- CR-85/2012-13 Office of the Commissioner of Commercial Taxes (Kamataka), l-Floor,VTK-1, Kalidasa Road, Gandhinagar, Bangalore-560009, S: 080-22264495, Fax: 080-22263595, Date 15-03-2013. To All the Joint Commissioners of Commercial Taxes (Admn) VAT Divisions in the State Sir, Sub: Production of Statutory Forms prescribed under CST Act, 1956 at… Read More
Under the local procurement conditions stipulated for solar photovoltaic (SPV) power projects allotted under Jawaharlal Nehru National Solar Mission Phase-I specific scheme implemented through NVVN, it was made mandatory for projects based on crystalline silicon technology to use modules manufactured in India in case of projects selected in batch-1 during FY 2010-11 and to use… Read More
India Opportunities Venture Fund (IOVF) as announced in the Union Budget 2012-13 has been operationalised by Small Industries Development Bank of India (SIDBI) with effect from August 1, 2012. The IOVF envisages enhancing the availability of equity / risk capital to micro, small and medium enterprises (MSME) sector. IOVF provides direct assistance to MSMEs as well as indirect assistance… Read More
Central Public Sector Enterprises have the Potential to make Investments for capacity Expansion and Strategic Assets Creation PRANAB MUKHERJEE The President Confers the SCOPE Meritorious Awards on the Public Sector Day Shri Pranab Mukherjee, President of India, presented the SCOPE Meritorious Awards in Specialized Fields to the Central Public Sector Enterprises (CPSEs) here today on… Read More
The Union Minister of Commerce, Industry & Textiles Shri Anand Sharma today reviewed industry-related issues with the state governments of Tamil Nadu, Kerala, Andhra Pradesh and Karnataka, in Kovalam, Kerala. Senior officers from the Department of Commerce and Industry, Government of India made presentations on National Manufacturing Policy, recent changes in Foreign Direct Investment regime,… Read More
The Ministry of Finance had constituted a Fast Track Committee to address the pay structure of certain common category posts of pharmacists. The Committee had recommended that the entry grade of Pharmacists in Central Government should remain at grade pay of Rs. 2800 in the pay band PB-1. However, on completion of 2 years service… Read More
1. Introduction Biotechnology exploits biological materials, living or non-living, and is broadly classified as classical and modern biotechnology. The age-old fermentation process for producing alcohol, isolation of antibiotics from moulds or other micro-organisms are only a few examples of classical biotechnology. Modern biotechnology started with the gene splicing technology or genetic engineering which developed in… Read More
INTELLECTUAL PROPERTY INDIA PATENTS/DESIGNS/ TRADE MARKS/GEOGRAPHICAL INDICATIONS Government of India Office of The Controller General, Patents, Designs & Trade Marks, Boudhik Sampada Bhavan, S.M. Road, Antop Hill, Mumbai-400 037 (India) No. CG/Public Notice/2013/77 Date: 12.02.2013 PUBLIC NOTICE In accordance with the provisions contained in sub-section (2) of section 146 of the Patents Act, 1970 read… Read More
I greet all my officials and all those engaged in some way or the other in IP creation , protection and utilization of IP in India on this occasion of World Intellectual Property Day 2013. The World Intellectual Property Organization (WIPO) and its Member States decided in 2000 to designate April 26 as World Intellectual… Read More
CLR Editorial Notes: This case bears reference to an appeal filed by the concerned assessee against an order passed by the Assessing officer. The assessee-company is engaged in the business of manufacturing, designing, engineering and supply of cooling towers, spares and providing engineering services. The assessee entered into several international transactions with its Associated Enterprises… Read More
RBI Top Management to Interact with Media Apropos the announcement of the Monetary Policy Statement 2013-14, Dr. D Subbarao, Governor and Deputy Governors of the Reserve Bank of India will interact with the media in Mumbai and with the regional media through teleconference between 3.00 p.m. and 4.00 p.m. on Friday, May 3, 2013. Interested… Read More
No. 5(1)/2013-FC.I Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion Udyog Bhawan, New Delhi Dated the 16thApril, 2013 CORRIGENDUM This is in continuation to this Department's communication No. 5(1)/2013-FC-1 dated 5.4.2013, wherein ˜Circular I of 2013-Consolidated FDI Policy' was issued. 2. In paragraph 3.10.3.1 of abovementioned Circular, phrase ˜paragraph… Read More
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