Assocham | International Conference on Interface Between Intellectual Property & Competition Law

Objective: Competition and Intellectual Property policies are bound together by the economics of innovation and an intricate web of legal rules that seek to balance the scope and effect of each policy. The interface between competition Law and the intellectual property system has attracted increasing attention in recent years, as intellectual property rights have gained increasing importance in the… Read More

DVAT Notification Policy VAT 2012 -298-308 dated 18-06-2013

(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI OFFICE OF THE COMMISSIONER, VALUE ADDED TAX VYAPAR BHAWAN, I.P.ESTATE: NEW DELHI-110002. No.F.7(453)/Policy/VAT/2012/ 298-308 NOTIFICATION I, Prashant Goyal, Commissioner, Value Added Tax, Delhi, in exercise of the powers conferred on me by sub rule (1) of Rule 63… Read More

India-US Higher Education Dialogue 2013

The HRD Minister Dr. M.M. Pallam Raju and visiting US Secretary of State Mr. John F. Kerry are to co-chair India-US Higher Education Dialogue on 25th June, 2013 in New Delhi. During the dialogue, the two sides will take up Research and Innovation Partnership under Singh-Obama Knowledge Initiative, Institutional Partnership and Skill Development as well… Read More

CECA between India and the Customs Union of Belarus, Kazakhstan and the Russian Federation

CECA between India and the Customs Union of Belarus, Kazakhstan and the Russian Federation discussed;  Anand Sharma Addresses Spief Calls for Deeper Economic Ties with Russia.  Shri Anand Sharma, Minister of Commerce & Industry, led an official delegation from 19-22 June, 2013, to the St. Petersburg International Economic Forum (SPIEF) 2013 at the invitation of Mr. Andrei Belousov,… Read More

Transfers And Postings Of Joint/ Additional CITs (Mumbai)

Vide Order No. 1 dated 20.06.2013 the Chief Commissioner of Income-tax, Mumbai, has ordered the transfer and posting of 48 officers in the grade of Joint/ Additional Commissioners of Income-tax (Mumbai Region) with immediate effect. Circular Attached Read More

Licensing of new banks in the private sector – Last date for receipt of applications

The Reserve Bank of India released the Guidelines for Licensing of New Banks in the Private Sector on its website on February 22, 2013. As indicated in the above Press Release, applications for setting up new banks in the private sector should reach the Chief General Manager-in-Charge, Department of Banking Operations and Development, Reserve Bank of India,… Read More

UIDAI wins top honours at International IT forum

Acknowledging the pivotal role played by UIDAI in leveraging technology to change people lives, streamline delivery of welfare services and provide opportunity to people to participate more fully in society, the jury of International Data Group (IDG) Computerworld Honours Program, Computerworld Honors Laureate selected UIDAI for 21st Century Achievement Award 2013 under the category ˜Economic Development™.… Read More

Goa Plan for 2013-14 Finalized

The Annual Plan for 2013-14 for the State of Goa was finalised today at a meeting between ShriMontek Singh Ahluwalia, Deputy Chairman, Planning Commission and Sh. ManoharParrikar, Chief Minister of Goa. The Plan size has been agreed at Rs. 4,715 crore which includes the central assistance to the State Plan of about Rs. 225 crore.… Read More

Housing Sector: New sub-sector CRE (Residential Housing) within CRE and Rationalisation of provisioning, risk-weight and LTV ratios

RBI/2012-13/538 DBOD.BP.BC.No. 104/08.12.015/2012-13 June 21, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Housing Sector: New sub-sector CRE (Residential Housing) within CRE & Rationalisation of provisioning, risk-weight and LTV ratios Please refer to paragraph 82 of the Monetary Policy Statement 2013-14 (extract enclosed) on ˜Commercial Real Estate - Residential Housing: Prudential Norms™, announced on… Read More

Disinvestment of 5 percent paid up equity in Neyveli Lignite Corporation Ltd.

The Cabinet Committee on Economic Affairs today approved the disinvestment of 5 percent equity of Neyveli Lignite Corporation (NLC), out of its holding of 93.56 percent through an Offer For Sale (OFS) in the domestic market according to Securities and Exchange Board of India (SEBI) rules and regulations. The authorized capital of NLC is Rs. 2,000… Read More

Continuation of the Restructured Accelerated Power Development and Reforms Programme (R-APDRP) in XII / XIII Plan

The Cabinet Committee on Economic Affairs today approved the proposal for the continuing the Restructured Accelerated Power Development and Reforms Programme (R-APDRP) in the XII Plan with minor changes to complete the ongoing / in pipeline projects so as to meet the objective and scope of the XI Plan R-APDRP. There is no change in… Read More

Facilitation of harmonious substitution of Concessionaire in the ongoing and completed National Highway Projects

The Cabinet Committee on Economic Affairs today approved the proposal to facilitate harmonious substitution of Concessionaire in ongoing and completed National Highway Projects.  This will expedite implementation of road infrastructure in the country and insulate the National Highway Authority(NHAI) from heavy financial claims and unnecessary disputes. The proposal aims at revival of the sector by facilitating substitution… Read More

CCEA approves mechanism for coal supply to power producers

The Cabinet Committee on Economic Affairs (CCEA) today approved the following mechanism for supply of coal to power producers: (i)  Coal India Ltd. (CIL) to sign Fuel Supply Agreements (FSA) for a total capacity of 78000 MW including cases of tapering linkage, which are likely to be commissioned by 31.03.2015. Actual coal supplies would however… Read More

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