Others - Corporate Law Reporter

India – Vietnam sign MoU to strengthen MSME Sectors

India signed an MoU with Vietnam on Tuesday which is aimed at the micro, small and medium enterprises (MSME) in Vietnam. The thrust will be on building greater capacity in order to develop an institutional framework and also identify opportunities and areas for further development of this sector. The MoU was inked in the presence… Read More

No headway in tax avoidance agreement with Mauritius

The Finance Minister Mr. P. Chidambaram today clarified that there has been no headway in the talks on tax avoidance agreement with Mauritius. The discussion process with the island nation has been under way for quite some time, however, no real progress has been seen till date. The Joint Working Group (JWG), which had been constituted… Read More

Indo-South Africa Preferential Trade Agreement

India, South Africa agree for Early Finalisation of India-SACU PTA Negotiations Sharma Flags India™s Concerns on Market Access to Bovine Meat The Union Minister for Commerce, Industry & Textiles Shri Anand Sharma and Mr Rob Davies, Minister of Trade and Industry, Republic of South Africa, today reviewed the India- Southern African Custom Union (SACU) Preferential… Read More

Major Recommendations of Expert Committee on GAAR Accepted

The Central Government has carefully considered the report of the Expert Committee on General Anti Avoidance Rules (GAAR) and accepted the major recommendations of the Expert Committee with some modifications. This was announced by the Union Finance Minstar Shri P.Chidambaram here today in a press conference. The Finance Minister said that the following decisions have been taken… Read More

Wholesale price indices – Review of December’12 Numbers

The Ministry of Commerce and Industry released a review of the numbers for wholesale price index for the month of December 2012. The official Wholesale Price Index for ˜All Commodities™ (Base: 2004-05 = 100) for the month December, 2012 declined by 0.1 percent to 168.6 (Provisional) from 168.8 (Provisional) for the previous month. INFLATION The… Read More

Government Working on Legislative Initiatives for Transparent Administration

Government Working on Several Legislative Initiatives to Ensure Transparent Administration, no Plan to Amend RTI Act Government has taken a number of initiatives to ensure transparent administration. Inaugurating the two day District Collectors™ Conference in New Delhi, Shri V.Narayanasamy, Minister of State in the Prime Minister™s Office highlighted that there are several legislations at various… Read More

Internship Programme of the Department of Economic Affairs for 2013-14

No. A- 48011/27/2012 - Admn.I Government of India Ministry of Finance (Department of Economic Affairs) New Delhi, 8"' January, 2013. Subject : Internship Scheme of the Department of Economic Affairs for 2013-14. Department of Economic Affairs has the mandate to carry out not only the economic diplomacy but also to build and maintain the economic… Read More

MoF Guidelines for Preparation of Outcome Budget 2013-2014

Introduction Outcome budgets have become an integral part of the budgeting process since 2005-06 OUTCOME BUDGET 2013-14 will broadly indicate the physical dimensions of the financial budgets as also the actual physical performance in 2011-12, performance for the first 9 months of the year 2012-13 and the targeted performance during 2013-14. Scope of Coverage in… Read More

Modified Special Incentive Package Scheme

Modified Special Incentive Package Scheme (M-SIPS) has been introduced to offset disability and attract investment in Electronics Systems Design and Manufacturing (ESDM) Industries. With the release of Guidelines for M-SIPS by the Ministry of Communication and IT, appointment of Nodal officer, and notification of application fee, M-SIPS is now ready to receive applications. The M-SIPS scheme… Read More

Public Suggestion solicited for Engagement with Free Trade Agreements

Department Related Parliamentary Standing Committee on Commerce Invites Suggestions of Public on India's Engagement with Free Trade Agreements (FTAS): Challenges and Opportunities The Department Related Parliamentary Standing Committee on Commerce, headed by Shri ShantaKumar, M.P., Rajya Sabha has taken up the subject of " India`s Engagement with Free Trade Agreements (FTAs): Challenges and Opportunities" for examination and report to the Parliament.… Read More

ICSI seeks views/suggestions on SEBI Discussion Paper

ICSI is seeking the views and suggestions from the community on the Discussion Paper on ˜Proposed modifications to the existing framework for buy back through open market purchase™ placed by SEBI. Those interested can send the same to sonia.baijal@icsi.edu by January 25, 2013, for sending to SEBI. Download the Discussion paper here. Read More

Bhayander Chapter of WIRC of ICSI

BHAYANDER CHAPTER OF WIRC OF ICSI Office No. 3, Roop Rajat Plaza, 150 Feet Road, Near Reena Mehta Collage, Bhayander - West, Thane- 401101, Maharashtra icsibhayander@gmail.com DETAILS OF MANAGING COMMITTEE MEMBERS (BHAYANDER CHAPTER OF WIRC OF ICSI) Sr. No. Name of Member & Membership No. Professional Address and email id Contact details Designation 1. Ms.… Read More

ICSI seeks views/suggestions on SEBI Consultative Paper

ICSI is seeking the views and suggestions from the community on the Consultative Paper on ˜Review of Corporate Governance Norms in India™ placed by SEBI. Those interested can send the same to sonia.baijal@icsi.edu by January 25, 2013, for sending to SEBI. Download the Discussion paper here. Read More