Others - Corporate Law Reporter

Union Home Minister Leaves for USA to Attend Homeland Security Dialogue

Shri Sushilkumar Shinde, Union Home Minister is leading a high level delegation to USA from 19th to 23rd May 2013 to attend Indo-American Homeland Security Dialogue on invitation from Secretary, Department of Homeland Security (Home Minister of USA) Ms Janet Napolitano. Shri Shinde would be meeting Secretary, Department of Homeland Security, Ms Janet Napolitano and… Read More

Indo Japanese Joint Statement

Following is the text of the Joint Statement by Anand Sharma, Union Minister of Commerce and Industry, India andToshimitsu Motegi, Minister of Economy, Trade and Industry, Japan: The meeting between H.E. Anand Sharma, Minister of Commerce and Industry of India and H.E. Toshimitsu Motegi, Minister of Economy, Trade and Industry of Japan was held on 17th May, 2013 in Tokyo, Japan. 1.… Read More

CLR Snippets | Another Round of India EU BTIA Negotiation Concluded

The Chief negotiators met here from 15th May to 17th May for another round of negotiation for India EU BTIA. All issues on the table were discussed. Negotiators felt that some positive movements have been accomplished though many critical issues are still needed to be discussed further. Negotiators reiterated their commitment for a balanced and… Read More

PM™s address at 45th session of the Indian Labour Conference

Following is the text of the Prime Minister, Dr. Manmohan Singh™s address at the 45th session of the Indian Labour Conference in New Delhi today: Let me begin by emphasizing that this is a very important conference that deliberates issues of critical importance to our workers and industry, and therefore to our economy and society… Read More

Finance Act 2013

The Finance Bill 2013 received the assent of the President on 10th May 2013 and has been enacted as the Finance Act 2013 (No. 17 of 2013). Read More

ICAI Exams 24 May 2013 – Centres Changed for some Candidates in Kolkata, Udaipur, Vijayawada

Announcement 16th May 2013. Change in venue for Paper 7-Information Technology andStrategic Management, of Intermediate (IPC) Examination May 2013, to be held on 24th May 2013, in some candidates in Kolkata, Udaipur and Vijayawada Due to unavoidable circumstances, the venue for Paper 7-Information Technology and Strategic Management, of Intermediate (IPC) examination May 2013, to be held on 24th May 2013, has been changed, as given below, for… Read More

MoF declares 8.5% interest on PF deposits

The Ministry of Finance has approved payment of 8.5% rate interest for 2012-13, up from 8.25% in the previous fiscal. The related circular is provided here. ***** Employees™ Provident Fund Organisation (Ministry of Labour & Employment, Govt. Of India) ( Head Office) Bhavishya Nidhi Bhawan,14-Bhikaiji Cama Place, New Delhi-110066 No. Invest.I/3(2)/133/ ROI/2012-13/4462, Dated: 15.05.2013 Subject: Declaration of Rate of Interest for… Read More

CLR Snippets | MCA Website Unavailability

Notification on the website of Ministry of Corporate Affairs MCA Portal services will not be available from 2300 hours on 18 May 2013 to 0500 hours on 19 May 2013 due to maintenance. Read More

Maharashtra Plan For 2013-14 Finalized

The Annual Plan for the year 2013-14 for Maharashtra was finalized here today at a meeting between Deputy Chairman, Planning Commission, Mr. Montek Singh Ahluwalia and Chief Minister of Maharashtra, Shri Prithviraj Chavan. The plan size has been agreed at Rs.49,000crore. In addition the PSE plan has been fixed at Rs. 31.500 crore. The aggregate… Read More

PM directs Planning Commission to formulate Draft Bill on Dispute Resolution in Public Contracts

The Prime Minister has tasked the Planning Commission to formulate a draft Bill on Dispute Resolution in public contracts in consultation with all stakeholders and Ministries. Dispute resolution in large public contracts is an area of growing concern and the Prime Minister has initiated the first steps in improving the institutional arrangement for dispute settlement.… Read More

CLR Snippets | Cabinet Revises Income Criterion applying to “Creamy layer” in OBCs

The Union Cabinet today gave its approval for increase in the present income criterion of Rs. 4.5 lakh per annum for applying the Creamy Layer restriction throughout the country, for excluding Socially Advanced Persons/Sections (Creamy Layer) from the purview of reservation of Other Backward Classes (OBCs). The new income criterion will be Rs. 6 lakh… Read More

CCEA Approves Upgradation of Vizag Port

The Cabinet Committee on Economic Affairs has approved the project for upgradation of existing facility and creation of a new facility at Visakhapatnam Port Trust for iron ore handling in two phases on Design, Build, Finance, Operate and Transfer (DBFOT) basis at an estimated cost of Rs. 845.41 crore. The project will be taken up… Read More

CCEA approves continuation of same scale allocation of food stocks to Above Poverty Line families

The Cabinet Committee on Economic Affairs (CCEA) has approved the continuation of the same scale of allocation to APL families during 2013-14 under the Targeted Public Distribution System (TPDS). As on 1st April, 2013, the total stocks of rice and wheat in the Central Pool is 596.75 lakh tonnes comprising 354.68 lakh tonnes of rice… Read More