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National Consumer Helpline Receives 10,170 Complaints in April
The National Consumer Helpline (NCH) received 10,170 calls during April 2011 for redressal of consumer complaints. In addition of these calls, 639 complaints were also received through online complaint system on NCH website. The maximum calls were received from Delhi followed by Uttar Pradesh,Maharashtra, Rajasthan and Haryana. Break-up of calls in respect of top five States during March 2011… Read More
Modification in the instruction regarding payment of MCA fees in Electronic Mode
The Ministry of Corporate Affairs has instructed that from Monday next, i.e. May 29th, 2011 the payment of less than Rs. 50,000/- through electronic mode will be permissible in the Investor Education and Protection Fund through Pay Misc. Fee functionality. This facility will also be admissible for user having category as Official Liquidator (OL) office,… Read More
Interests of LDC be Accorded Priority & Efforts to be made to Fast Track Negotiations
The Commerce and Industry Minister Shri Anand Sharma, visited Paris from 24-26 May to address the OECD ministerial meeting. During his visit he also participated in an infiormal meeting of trade ministers convened by Australia to take stock of progress of negotiations in WTO. He expressed satisfaction with the meeting , which was convened in… Read More
Bonus benefit to silk carpets under ITC HS code 57019090 and drawback code 570102
To be published in the Gazette of India Extraordinary Part -I, Section-1) Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No.50 (RE-2010)/ 2009-14 New Delhi, the 27th May, 2011 Subject: Bonus benefit to silk carpets under ITC HS code 57019090 and drawback code 570102… Read More
Review of Guidelines on entry of NBFCs into Insurance Business
RBI/2010-11/540 DNBS.PD.CC.No. 221/03.02.002/2010-11 May 27, 2011 All NBFCs Dear sir, Review of Guidelines on entry of NBFCs into Insurance Business Please refer to the circular DNBS.(PD).CC.No.13/02.01/99-2000 dated June 30, 2000 issued on Amendment to NBFC Regulations which contains the Guidelines for entry of NBFCs into Insurance Business. In terms of para 2 of the above guidelines,… Read More
Allocation of 10,000 MT of raw/white sugar for the fiscal year 2010-11 (October- September) for export to EU under CXL Quota
To be published in the Gazette of India Extraordinary Part-I, Section-I Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 49 (RE-2011)/2009-2014 New Delhi, Dated the 25th May, 2011 Sub: Allocation of 10,000 MT of raw/white sugar for the fiscal year 2010-11 (October- September)… Read More
Amendment to Principal Notification No. 51/2008-Customs, dt 21st Apr, 2008
[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. 42 /2011-Customs New Delhi dated the 25th May, 2011 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52… Read More
Service Tax Regarding Processing for or on behalf of client, in relation to agriculture
Circular No. 143/12/ 2011 ST F.No.332/37/2010-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit North Block, New Delhi 26th May, 2011 To Chief Commissioners of Central Excise and Service Tax (All), Director General (Service Tax), Director General (Central Excise Intelligence), Director General (Audit), Commissioners of… Read More
New Form No. 23D – Information by Cost Auditor to Central Government
Companies(Central Government's) General Rules and Forms (Second Amendment) , 2011 - New Form No. 23D inserted effective from 29-05-2011 Following earlier notifications by the MCA for appointment of cost auditors, the said form seeks to amend the existing form 23D for information of appointment of Cost Auditor in Companies Read More
Revision of Form No. 8 and 17 Companies Act effective from 29-05-2011
Companies(Central Government's) General Rules and Forms (Amendment), 2011 - revision of Form No. 8 and 17, effective from 29-05-2011 New forms 8 and 17 notified w.e.f. 29th May, 2011 Read More
Govt. to connect five lakh villages with broadband in two years
The Government is expected to connect five lakh villages with the internet broadband services under the National Optical Fibre Network (NOFN) in next two years. "We have setup a high powered committee, Sam Pitroda is heading the committee, co-chaired by Nandan Nilekani. I am told by Sam Pitroda that he will try and implement the… Read More
FDI in Defence Production : No consensus on the issue
A year after the Industry Ministry put out a discussion paper on increasing foreign direct investment in defence production to 74 per cent,it has not been able make a concrete proposal for the Cabinet. "Defence is a strategic subject. There have been brainstorming sessions. There has been no formal proposal which has been moved," Commerce… Read More
Guidelines on Infra Debt Funds soon
The government today said the capital market route is one of the options for allowing foreign investors in the proposed infra debt fund. The fund is aimed at meeting financing needs of the core sector, pegged at USD 1 trillion during 12th Plan (2012-17). The guidelines on infra debt fund is expected in the coming… Read More
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