FM Speak :: Text of The Inaugural Address on The Annual Day of CCI

Following is the Text of the Inaugural Address delivered here today by the Union Finance Minister Shri P.Chidambaram on the Annual Day of the Competition Commission of India:  My distinguished colleague, the Minister of State for Corporate Affairs, Shri Sachin Pilot, Shri Ashok Chawla, Chairman, Competition Commission of India, Members of the Competition Commission, distinguished guests,… Read More

Sustainability Report of NTPC Released

NTPC Limited, India™s largest power utility released its Sustainability Report Powering with care ... today highlighting company™s step towards sustaining greener environment, conserving natural resources such as energy, water etc. The Report also mentions companys™ commitment towards Corporate Governance and Social Responsibility. The report for the year 2011-12 which was released by Dr. Arup Roy Choudhury, Chairman… Read More

CLR Snippets | ACC Appointments

The Appointments Committee of the Cabinet has approved the following : (i) the appointment of Shri Anil Swarup, IAS(UP:81) as Additional Secretary, Ministry of Labour and Employment in the vacancy of Shri Ravi Mathur, IAS(RJ:79). (ii) the appointment of Shri Vinod Kumar Thakral, IAS(MT:82), at present in the cadre, as Additional Secretary and Financial Adviser,… Read More

Indo- Swiss Bilateral Meet Held at Geneva

With the aim of giving further impetus to cooperation in the field of healthcare, Union Minister of Health & Family Welfare, Shri Ghulam Nabi Azad and Minister of Health Switzerland, Mr Alain Berset held a bilateral meeting on the sidelines of World Health Assembly at Geneva yesterday. Speaking on the occasion, Shri Azad said that… Read More

Government urges tax Payers to Disclose True income and pay Appropriate taxes within Current Financial Year

A Compliance Management Cell has been set-up to Ensure Follow-up Action and Track Return Filing and Tax Payment of the Target Segment; 70,000 Letters are being sent in 2 Batches to High Priority Cases in this Month. The Union Finance Minister Shri P. Chidambaram has repeatedly emphasized that there is need for a nonintrusive tax… Read More

Rationalisation of With-Holding Tax

Rationalisation of With-Holding Tax (WHT) to Encourage Greater Subscription in Indian Debt Securities by Foreign Investors, Encourage Development of the Indian Debt Market and Accelerate the Pace of Growth of the Indian Economy. To enhance resource availability for infrastructure development in the economy, the rate of With-holding tax (WHT) on interest payments on the borrowings… Read More

CLR Snippets | New CAG Appointed

The President of India has appointed Shri Shashi Kant Sharma, IAS, as the Comptroller & Auditor General of India, in terms of Article 148 (1) of the Constitution of India. Shri Sharma is presently holding the post of Defence Secretary in the Ministry of Defence, Government of India. He will be taking over the charge… Read More

RBI Notification on Liberalisation Realisation and Repatriation of export proceeds on Export of Goods and Software

RBI/2012-13/503 A.P. (DIR Series) Circular No. 105 May 20, 2013 To, All Category - I Authorised Dealer Banks Madam / Sir, Export of Goods and Software Realisation and Repatriation of export proceeds Liberalisation Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 52 dated November 20, 2012 extending the enhanced… Read More

FM Speak :: Competition Commission to play an important role as regulator of Competition and as a participant in the competitive process

Union Finance Minister Shri P.Chidambaram has stressed on the key role of Competition Commission of India (CCI) in defining the role of the government as a regulator of competition and as a participant in the competitive process. Delivering the Annual day Lecture of Competition Commission of India (CCI) in the Capital on 20th May, 2013,… Read More

CLR Snippets | Chief Justice for the High Court of Andhra Pradesh Appointed

In exercise of the powers conferred by clause (1) of article 217 of the Constitution of India, the President has appointed Shri Justice Kalyan Jyoti Sengupta, Judge of the High Court of Uttarakhand, as the Chief Justice of the High Court of Andhra Pradesh with effect from the date he assumes charge of his office.… Read More

CLR Snippets | Appointment of Judges in the High Court of Madhya Pradesh

In exercise of the powers conferred by clause (1) of article 217 of the Constitution of India, the President has appointed Shri Justice Keshav Kumar Trivedi and Shri Justice Sheel Nagu, Additional Judges of the High Court of Madhya Pradesh, as Judges of that High Court with effect from the date they assume charge of… Read More

CLR Snippets | Additional Judges Appointed to the Gauhati High Court

In exercise of the powers conferred by Clause (1) of Article 224 of the Constitution of India, the President has appointed (i) Shri Nishitendu Chaudhury, (ii) Shri Lanusungkum Jamir and (iii) Shri Manash Ranjan Pathak as Additional Judges of the Gauhati High Court, in that order of seniority, for a period of two years with… Read More

Amendment in Para 2.43.2 (c) of Handbook of Procedure Vol. I, 2009-2014

TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-1, SECTION-1 GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE PUBLIC NOTICE NO. 14 (RE 2013)/2009-2014 NEW DELHI, DATED THE 17th May, 2013 Subject: Amendment in Para 2.43.2 (c) of Handbook of Procedure Vol. I, 2009-2014. In exercise of… Read More

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