Others - Corporate Law Reporter

Shut law colleges which lack infra : CJI to BCI

Chief Justice of India T S Thakur today asked the Bar Council of India (BCI), the apex body of lawyers, to crack the whip on law colleges which lack appropriate infrastructure by shutting them down. "There are law colleges where you may not have faculty, no library or where attendance will not be marked. I… Read More

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Make In India Policy

What is ‘Make in India’ program? The Make in India program is an initiative launched to encourage companies to increase manufacturing in India. This not only includes attracting overseas companies to set up shop in India, but also encouraging domestic companies to increase production within the country. Make in India aims at increasing the GDP… Read More

Roadmap for opening brick and mortar branches in villages with population more than 5000 without a bank branch of a scheduled commercial bank

RBI/2015-16/277 FIDD.CO.LBS.BC.No. 82 /02.01.001/2015-16 December 31, 2015 The Chairman and Managing Director SLBC Convenor Banks Dear Sir/Madam, Roadmap for opening brick and mortar branches in villages with population more than 5000 without a bank branch of a scheduled commercial bank You are aware that SLBC Convenor banks were advised vide circular RPCD.CO.LBS.BC. No. 86/02.01.001/2011-12 dated… Read More

Notification Regarding “ODD-EVEN Scheme” for Non Transport Vehicles

[To BE PUBLISHED IN DELHI GAZETTE PART - IV EXTRA – ORDINARY] GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI (TRANSPORT DEPARTMENT) 5/9, UNDER HILL ROAD, DELHI-54. NO.F.3 (218)/MRTS/Tpt./2015/302 Dated the 28th Dec., 2015 NOTIFICATION Whereas the National Capital Territory of Delhi has more than nine million registered vehicles and the vehicular pollution has become a… Read More

List of exempted vehicles from Odd-Even Formula going to be implemented in Delhi from 1st Jan 2016 to 15th Jan 2016

1. All CNG-driven vehicles (will need to produce certificate) 2. Electric vehicles 3. Hybrid vehicles 4. Two-wheelers 5. Vehicles driven by women, with only women passengers 6. Vehicles driven by women, with children below the age of 12 7. Those on way to hospital for medical emergency (should carry proof) 8. Vehicles of physically challenged… Read More

Rules regarding Odd Even Car Vehicles in Delhi

The Delhi government said odd and even number vehicles will ply on alternate days in the city from January 1 – a move which drew flak far and wide. The decision, taken at a meeting presided over by Chief Minister Arvind Kejriwal, will not apply to CNG-driven buses, taxis and auto-rickshaws but will also cover… Read More

Amendment of Trade Marks Rules, 2002 – Extension of time limit for receiving suggestions

The draft Rules to further amend the Trade Mark Rules, 2002 which the Central Government proposes to make in exercise of the powers conferred by Section 157 of the Trade Mark Act, 1999 ( 47 0f 1999), were published on 17th November, 2015 for information of all persons likely to be affected, inviting objections or… Read More

India’s Foreign Trade (Merchandise): November, 2015

A. EXPORTS (including re-exports) Exports during November, 2015 were valued at US$ 20014.22 million (Rs. 132328.24 crore) which was 24.43 per cent lower in Dollar terms (19.03 per cent lower in Rupee terms) than the level of US$ 26485.71 million (Rs. 163427.94 crore) during November, 2014. Cumulative value of exports for the period April-November 2015-16 was… Read More

Cabinet approves Real Estate (Regulation and Development) Bill, 2015

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Real Estate (Regulation and Development) Bill, 2015, as reported by the Select Committee of Rajya Sabha. The Bill will now be taken up for consideration and passing by the Parliament. The Real Estate (Regulation and Development) Bill is a pioneering initiative… Read More

Exposure Draft of Guidelines for Network amongst the Firms of Company Secretaries

December 04, 2015 Dear Professional Colleagues, Introduction of Secretarial Audit, Annual return certification etc. under the Companies Act, 2013 has given a big boost the practice of Company Secretaries. At present Practising Company Secretaries are doing practice in the form of sole proprietorship firm or in form of partnership firm and only a few firms… Read More

Income-tax deduction from salaries during the Financial Year 2015-16 under section 192 of the Income-tax Act, 1961

CIRCULAR NO : 20/2015 F.No. 275/192/2015-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Dated the 2nd December, 2015 SUBJECT: INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2015-16 UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961 Reference is invited to Circular No.17/2014 dated 10.12.2014… Read More

Stringent Authentication mechanism through Corporate Head Quarter Server for filing of Correction statements and download of TDS certificates, Consolidated files etc. by Banks/Corporates

F.No.: DGIT(S)/CPC(TDS)/Corp_Authentication Mech/2015-16/14557-14690 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax(Systems) New Delhi Notification No. 3/2015 New Delhi, 1st of December 2015 Subject: Stringent Authentication mechanism through Corporate Head Quarter Server for filing of Correction statements and download of TDS certificates, Consolidated files etc. by Banks/Corporates - regarding Section 200… Read More