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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Economic Survey Acknowledges Benefits of Market Diversification
The Economic Survey presented by the Finance Minister, Shri P. Chidambaram in the Parliament today expressed satisfaction over the strategy of market diversification There has been significant market diversification in India™s trade. Region wise, India™s exports to Europe and America have declined to 18.7 per cent and 19.5 percent respectively in 2012-13 from 25.9 per… Read More
Legal Services Show a Steady Annual Growth of 8.2%
Legal Services Show a Steady Annual Growth of 8.2% Free Legal Services Benefit More than 7.82 Lakh Person Legal services in the country have been growing at a steady annual rate of 8.2% from 2005-06 to 2011-12. The Indian legal profession consists of nearly 1.2 million registered advocates, about 950 Law schools and approximately 4… Read More
India Has Highest Increase in Share of Services in GDP at 8.1%
A comparison of the services performance of the top 15 countries for the 11 year period from 2001 to 2011 shows that the increase in share of services in GDP is the highest for India with 8.1 percentage points. These 15 top countries include major developed countries alongwith Brazil, Russia, India and China. While China™s… Read More
Key recommendations made by ASSOCHAM for Budget 2013-14
In the current economic environment of falling GDP growth and recession in many parts of global market, it is crucial that forthcoming Union Budget addresses indirect tax issues currently facing Indian industry and service sectors. In the backdrop of the current economic scenario, ASSOCHAM makes following key recommendation relating to indirect taxes which need to… Read More
Foundation for Revitalization of Local Health Traditions, Bangalore, Approved for Scientific Research Expenditure under Section 35(1)(ii)
SECTION 35(1)(ii) OF THE INCOME-TAX ACT, 1961 - SCIENTIFIC RESEARCH EXPENDITURE - APPROVED SCIENTIFIC RESEARCH ASSOCIATIONS/INSTITUTIONS - FOUNDATION FOR REVITALIZATION OF LOCAL HEALTH TRADITIONS, BANGALORE NOTIFICATION NO. 13/2013 DATED 20-2-2013 It is hereby notified for general information that the organization Foundation for Revitalization of Local Health Traditions, Bangalore (PAN-AAATF 3402F) has been approved by the… Read More
Service Tax Filling – Form ST3 Details
TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i) GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 01/2013-Service Tax New Delhi, the 22nd February, 2013 3 Phalguna, 1934 Saka G.S.R (E).-In exercise of the powers conferred by sub-section (1) read with sub-section (2) of section 94 of the Finance… Read More
Government™s Key Initiatives to Boost Manufacturing
The Government has taken several initiatives to uplift overall business sentiment, boost investment, strengthen industry and in particular the manufacturing sector in the country. The Twelfth Five Year Plan document lays down broad strategies for spurring industrial growth. It recommends sector specific measures covering micro, small, medium and large industries in the formal as well… Read More
Measures Taken by Government to Protect Consumers from Price Rise
The Government has undertaken various measures to insulate the vulnerable sections of society from price rise. The central issue prices(CIP) for rice (at Rs. 5.65 per kg for below poverty line(BPL) and Rs. 3 per kg for Antodaya Anna Yojana (AAY) families) and wheat (at Rs. 4.15 per kg for BPL and Rs. 2 per… Read More
RBI asks NBFCs to review KYC policies with clarifications on the PMLA guidelines
RBI/2012-13/422 DNBS (PD).CC. No 321 /03.10.42 /2012-13 February 27, 2013 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir/Madam, Know Your Customer (KYC) norms /Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 Please refer to para 2.II (Annex VI para 3)… Read More
Change in SLBC responsibility for Jharkhand from Allahabad bank to Bank of India
RBI/2012-13/421 RPCD.CO.LBS.BC. No. 65 /02.13.001/2012-13 February 27, 2013 The Chairmen and Managing Directors SLBC Convenor banks Dear Sir, Change in SLBC responsibility for Jharkhand from ALLAHABAD BANK to BANK OF INDIA It has been decided to change the responsibility of State Level Bankers' Committee (SLBC) Convenor bank for the State of Jharkhand from Allahabad Bank… Read More
Summary of Economic Survey
SUMMARY OF ECONOMIC SURVEY More than 6 Per Cent Growth Forecast for Next Fiscal Considerable Enhancement for Social Sector Spending India on Verge of Creating Quality Jobs to Seize ˜Demographic Dividend™ Indian economy is likely to grow between 6.1% to 6.7% in 2013-14 as the downturn is more or less over and the economy is… Read More
TRAI imposes Financial Disincentives on Violation of Guidelines
TRAI has imposed financial disincentives on service providers for violation of the provisions of regulations. TRAI had imposed financial disincentives on various service providers for violation of the provisions of the regulations, as per the details given below:- Year Name of Service Provider Amount of Penalty Violation 2009-10 M/s Vodafone Rs.15,000/- Under Telecom Unsolicited Commercial… Read More
DoT issues New instructions for Verification of Subscribers
New set of instructions have been issued in respect of mobile subscribers vide DoT letter dated 09.08.2012. These instructions revise earlier instructions issued on the subject from time to time. These instructions inter-alia prescribe the following: A passport size photograph should be pasted on the Customer Acquisition Form (CAF) and the documents as proof of… Read More
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