Notification of Iran under Para 2.35 (b) 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. 17 (Re 2013)/2009-2014 New Delhi, Dated The 10th June, 2013 Subject: Notification of Iran under Para 2.35 (b) of Foreign Trade Policy, 2009-2014. S.O. (E): In exercise… Read More
CBDT Cost Inflation Index – Amendment in Notification No. S.O. 709(E), dated the 20th August, 1998
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION No. 40/2013 INCOME-TAX New Delhi, the 6th day of June, 2013 S.O. 1464(E) - In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendment… Read More
India to Push Forward the Interest of Developing Countries at the Ongoing International Labour Conference™s 102th Session
Post 2015 Developmental Agenda and The Relevance of Current Mdgs to be Discussed Along with Strategy for Next Six Years Till its Centenary ; Mallikarjuna Kharge Leads Indian Delegation The fortnight long 102nd Session of International Conference is currently in progress at ILO Geneva till 20th June 2013. This session assumes special importance because it will… Read More
Index of Industrial Production and use-Based Index for the Month of April, 2013
The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of April 2013 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 16 source agencies viz. Department of Industrial Policy & Promotion (DIPP); Indian Bureau of Mines; Central Electricity Authority; Joint Plant Committee; Ministry of Petroleum & Natural Gas; Office of Textile Commissioner; Department of Chemicals & Petrochemicals; Directorate of Sugar; Department of Fertilizers; Directorate of Vanaspati, Vegetable Oils & Fats; Tea Board; Office of Jute Commissioner; Office of Coal Controller; Railway Board; Office of Salt Commissioner and Coffee Board. 2. The General Index for the month of April 2013 stands at 167.3, which is 2.0% higher as compared to the level in the month… Read More
Consumer Price Index Numbers for the Month of May, 2013
The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation releases Consumer Price Indices (CPI) on base 2010=100 for all-India and States/UTs separately for rural, urban and combined every month with effect from January, 2011. Provisional indices for the month of May 2013 and also final indices for April 2013 are being released with… Read More
Parliamentary Consultative Committee of Ministry of Steel
The Union Minister of Steel, Shri Beni Prasad Verma has said that India continues to hold the 4th position in global crude steel production for the past 3 years. Chairing the meeting of the Parliamentary Consultative Committee attached to his Ministry here today, he said that the Crude Steel production in India has grown by… Read More
Transfer Pricing controversies a tale that is not a fairy one
1. Introduction Since its introduction in the Finance Bill 2001, transfer pricing provisions/regulations (TP regulations) have been a matter of huge debate & consequentially tremendous amount of litigations. Lack of conceptual clarity & high level of subjectivity in application of rules & various methods collated with strain of meeting higher revenue targets has added salt… Read More
Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified
In excise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs (CBEC) hereby makes the following further amendments in the Notification of the Government of India, Ministry of Finance (Department of Revenue ) No. 59/2013-CUSTOMS (N.T.) dated the 6th June, 2013 published in the… Read More
15 firms face criminal charges for Labour law violations
At least 15 leading private infrastructure and construction companies, who were executing work for the Bangalore based Namma Metro project, have been slapped with criminal cases by the Union Ministry of Labour and Employment for allegedly violation of labour laws. A report was submitted by the Deputy Chief Labour Commissioner (Central), Ministry of Labour and Employment, Bangalore,… Read More
Lifting of Corporate Veil with reference to Leading Cases
COMPANY LAW LIFTING OF CORPORATE VEIL WITH REFERENCE TO LEADING CASE Shagun Singh 15.04.2013 NATIONAL UNIVERSITY OF RESEARCH AND STUDY IN LAW 2013 INTRODUCTION Corporate personality has been described as the ˜most pervading of the fundamental principles of company law[1]. It constitutes the bedrock principle upon which company is regarded as an entity distinct from… Read More
Customs – Reduction of Department monetary limits for filing Appeals before CESTAT/HC/SC
F.No.390/Misc./163/2010-JC Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi 3rd June, 2013 INSTRUCTION To, 1. All Chief Commissioners and Directors General under the Central Board of Excise and Customs. 2. Chief Commissioner (AR), Customs, Excise & Service Tax Appellate Tribunal. 3. All Commissioners of Customs/Central Excise/Service Tax/All Authorised Representatives, CESTAT/Commissioner,… Read More
Forex Earnings from Tourism increases
Foreign Exchange Earnings from Tourism Increases by More than Nine Percent in May 2013 Foreign Tourist Arrivals also Goes up by Three Percent During the Month Foreign Exchange Earnings ( FEEs) from tourism increased by more than nine percent in May 2013 over May 2012.Foreign Tourist Arrivals ( FTAs) also went up by more than 3.2… Read More
ACC Appointments
The Appointments Committee of the Cabinet has approved the following appointments: (i) Shri Jitendra Shankar Mathur, IAS(MP:82), Additional Secretary and Financial Adviser, Ministry of Information and Broadcasting as Additional Secretary, Ministry of Information and Broadcasting in the vacancy of Shri C.Viswanath, IAS(AP:81). (ii) Ms.Annie Moracs, IP&T A&FS(79), at present in the cadre, as Additional Secretary and… Read More
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