Chapter VII of the Finance Act 2013 to come into effect on 1st July 2013

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION 45/2013 New Delhi, the 19 June, 2013 S.O. 1768 (E).- In exercise of the powers conferred by sub-section (2) of section 115 of theFinance Act, 2013 (17 of 2013), the Central Government hereby appoints the 1st day of July, 2013 as the date on which Chapter VII of the said Act shall come… Read More

Commodities Transaction Tax Rules, 2013

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 46/2013 New Delhi, the 19th June, 2013 COMMODITIES TRANSACTION TAX RULES, 2013 S.O. 1769 (E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 133 of the Finance Act, 2013 (17 of 2013), the Central Government hereby makes the following rules relating to commodities transaction… Read More

Rate of exchange of conversion of each of the foreign currency with effect from June 21, 2013

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS NOTIFICATION NO. 63/2013-CUSTOMS (N.T.) DATED THE 20th June, 2013 30 Jyaistha, 1935(SAKA) S.O. (E).  In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of… Read More

Amendment in Para 2.38 of Foreign Trade Policy, 2009-2014

TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3, SUB SECTION (II) GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE Notification No. 24 (RE-2013)/2009-2014 New Delhi, Dated the 19th June, 2013 Subject: Amendment in Para 2.38 of Foreign Trade Policy, 2009-2014. S.O. (E): In exercise of powers conferred under Section… Read More

Safeguard investigation concerning imports of Hot Rolled Flat products from China

MINISTRY OF FINANCE (Department of Revenue) DIRECTORATE GENERAL OF SAFEGUARDS CUSTOMS AND CENTRAL EXCISE CORRIGENDUM New Delhi, the 30th May, 2013 Subject : Safeguard investigation concerning imports of Hot Rolled Flat products of Stainless Steel of 304 grade into India from China PR-Final findings-Reg. G.S.R. 346(E).” The product under consideration has been duly discussed in para 31… Read More

Share Sale to Employees of CPSEs Post-OFS

In the recent past, Government has undertaken a number of transactions through Offer for Sale of Shares by Promoters through Stock Exchanges Mechanism (OFS). To incentivize the employees of such CPSEs, Government decided to also offer sum shares to them on successful completion of the OFS. The shares are to be offered at a discount of… Read More

Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR

RBI/2012-13/537 A.P. (DIR Series) Circular No. 112 June 20, 2013 To All Category - I Authorised Dealer Banks Madam / Sir, Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No.95 dated… Read More

Risk Weights on deposits placed with NABARD/SIDBI/NHB in lieu of shortfall in achievement of priority sector lending targets/sub-targets

RBI/2012-13/536 DBOD.BP.BC. No.103/21.06.001/2012-13 June 20, 2013 The Chairman and Managing Director/ Chief Executive Officer of All Commercial Banks (excluding LABs and RRBs) Dear Sir Risk Weights on deposits placed with NABARD/SIDBI/NHB in lieu of shortfall in achievement of priority sector lending targets/sub-targets It has been observed that there is a lack of uniformity among banks… Read More

GOM Recommendations on Restructuring Centrally Sponsored Schemes in the 12th Plan

The Union Cabinet today decided to restructure the existing Centrally Sponsored Scheme (CSS)/ Additional Central Assistance (ACA) schemes in the Twelfth Five Year Plan into 66 schemes, including Flagship programmes. This includes 17 Flagship programmes with significant outlays for major interventions required in health, education, irrigation, urban development, infrastructure, including rural infrastructure, skill development, etc. To… Read More

National Consumer Helpline – Complaint Report, May 2013

The National Consumer Helpline (NCH) received 12,704 calls during May, 2013.  In addition to these telephonic calls/complaints, 2135 complaints were also received through online complaint system on NCH website. The maximum calls were received from Delhi followed by Uttar Pradesh, Maharashtra, Haryana, Rajasthan, Bihar, Gujarat, West Bengal, Madhya Pradesh and Punjab. Break-up of calls in respect of top ten States during May,… Read More

Change of Guard :: Shri Mallikarjun Kharge Takes Over as Minister of Railways

Shri Mallikarjun Kharge assumed charge as the Union Minister of Railways here today i.e. 19th June, 2013. Prior to this, Shri Kharge was Union Minister of Labour and Employment. He is a Member of Parliament (Lok Sabha) from Gulbarga constituency in Karnataka. Immediately after assuming the office, the Shri Kharge was briefed by Shri Vinay Mittal,… Read More

Key Indicators of Employment and Unemployment in India, 2011-12

The National Sample Survey Office (NSSO), Ministry of Statistics and Programme Implementation has released the key indicators of Employment and Unemployment in India,  from the data collected in its 68thround survey conducted during the period July 2011 -June 2012. The NSS surveys on employment and unemployment are conducted quinquennially starting from 27th round (October 1972 - September 1973) and the… Read More

Key Indicators of Household Consumer Expenditure in India, 2011-12

The National Sample Survey Office (NSSO), Ministry of Statistics and Programme Implementation has released the key indicators of household consumer expenditure in India, generated from the data collected during July 2011June 2012 in its 68th round survey. NSS surveys on consumer expenditure are conducted quinquennially starting from 27thround (October 1972 September 1973) and the last quinquennial survey was conducted in NSS… Read More

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