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INDIA’S FOREIGN TRADE: August, 2016
I. MERCHANDISE TRADE EXPORTS (including re-exports) During August,2016 exports were valued at US$ 21518.60 million (Rs.144044.67 crore) which was 0.30 per cent lower in Dollar terms (2.56 per cent higher in Rupee terms) than the level of US$ 21582.67 million (Rs.140443.43 crore) during August,2015. Cumulative value of exports for the period April-August 2016-17 was US$ 108519.94… Read More
Unfair Terms in Commercial Contracts
Contracts have become a natural occurrence in today’s society. The existence of unfair terms is not a new concept within a contract. They can be of vital importance in commercial disputes, with them often rendering the contract unusuable. Contracts fall into two categories, which are B2B (business to business) and B2C (business to consumer) contracts.… Read More
Cabinet approves grant of Permanent Residency Status to Foreign Investors
Press Information Bureau Government of India Cabinet 31-August-2016 13:23 IST Cabinet approves grant of Permanent Residency Status to Foreign Investors The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has approved the scheme for grant of Permanent Residency Status (PRS) to foreign investors subject to the relevant conditions as specified in the… Read More
GST Implementation Classroom (Mumbai & Chennai)
ICAI President’s Message – September 2016
Dear professional colleagues, The whole nation celebrates 5th September as Teachers’ Day, which is the birthday of our second President Dr. Sarvepalli Radhakrishnan. He had said that teachers should be the best minds in the country. We are what our parents and teachers want us to be. Dr. A. P. J. Abdul Kalam said: If… Read More
Unfair Terms in Commercial Contracts
Contracts have become a natural occurrence in today’s society. The existence of unfair terms is not a new concept within a contract. They can be of vital importance in commercial disputes, with them often rendering the contract unusuable. Contracts fall into two categories, which are B2B (business to business) and B2C (business to consumer) contracts.… Read More
GST Implementation Classroom (Gurgaon, Mumbai and Chennai)
ICSI cannot refused to provide the copies of Answer Sheet under RTI Act, 2005 to its students – Delhi HC
ICSI CAN NOT REFUSED TO PROVIDE THE COPIES OF ANSWER SHEET UNDER RTI ACT, 2005 TO ITS STUDENTS - DELHI HC Students of ICSI can move a RTI to obtain certified copies of their answer sheets. Landmark Judgement: Paras Jain V. Institute of Company Secretaries of India (LPA 275/2014, order dated 22/04/2014) As we all… Read More
A Full Day GST Seminar in Gurgaon, Mumbai and Chennai
Cabinet approves introduction of the “Surrogacy (Regulation) Bill, 2016”
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for introduction of the "Surrogacy (Regulation) Bill, 2016". The Bill will regulate surrogacy in India by establishing National Surrogacy Board at the central level and State Surrogacy Boards and Appropriate Authorities in the State and Union Territories. The legislation will… Read More
The Factories (Amendment) Bill, 2016
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its ex-post facto approval for amendment of Section 64 and section 65 and consequential amendment of section 115 of the Factories Act, 1948 by introducing the Factories (Amendment) Bill, 2016 in the Parliament. The approved amendments will give boost to the manufacturing… Read More
Full Day GST Workshop in Mumbai and Bangalore
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