Section 54 exemptions can be availed on Investments in plot meant for construction of house
CLR Editorial Notes: This appeal of the assessee is directed against the order of the Commissioner of Income-tax (Appeals), of Hyderabad for an assessment done earlier. The assessee along with another person, jointly acquired certain property for a consideration. Later, the other person relinquished the rights over the said property. Thereafter the assessee entered into a development agreement… Read More
Meeting of Consultative Committee of Parliament attached to the Ministry of Health & Family Welfare
The Meeting of Consultative Committee of Parliament attached to the Ministry of Health & Family Welfare on Family Planning and Population Stabilisation was held in New Delhi today. ShriGhulamNabi Azad, Union Minister of Health & Family Welfare presided over the meeting. The meeting discussed various issues on Family Planning and Population Stabilization. In his opening… Read More
Status of Implementation of One Rank One Pension
Government has always been sensitive to the demand for One Rank One Pension. Keeping in view the spirit of the demand, several Commissions/Committees have gone into the matter. Their recommendations have resulted in improving the pension of past pensioners. The 5th Central Pay Commission did not recommend grant of `One Rank, One Pension` by stating… Read More
TRAI steps to ensure quality service by Cellular Mobile Telephone Service Providers
As per Telecom Regulatory Authority of India (TRAI) Act 1997, TRAI monitors quality of service provided by telecom service providers. TRAI has laid down the quality of service standards for Cellular Mobile Telephone Service through the Standards of Quality of Service of Basic Telephone Service (Wireline) and Cellular Mobile Telephone Service Regulations, 2009 dated 20th… Read More
MoC statement on the growth potential of Indian Leather industry
The Leather Industry holds a prominent place in the Indian economy. This sector is known for its consistency in high export earnings and is among the top ten foreign exchange earners for the country. It is an employment intensive industry, providing jobs to about 2.5 million people, mostly from the weaker sections of the society.… Read More
Issues related to administrative allotment/ assignment of spectrum
A Committee had been constituted in Deptt of Telecom to look into the issues related to administrative allotment/ assignment of spectrum in the various categories i.e. Captive Mobile Radio Trunk Service (CMRTS), Public Mobile Radio Trunk Service (PMRTS), Commercial VSATs and all captive users etc. The Committee had submitted its report containing, inter-alia, periodic review… Read More
CLR Snippets | Fresh Tenders Applied by Companies involved in VVIP helicopters Deal Scam
M/s Agusta Westland has submitted bids for Naval Utility Helicopters (NUH) of Navy and Twin Engine Helicopters proposal of Indian Coast Guard. No decision regarding blacklisting of Agusta Westland Company has been taken so far, as the matter is under examination. As the case is under investigation by CBI, no specific date can be given at this… Read More
Google Hangout by Dr. Shashi Tharoor
The Minister state for Human Resource Development, Dr. Shashi Tharoor has said that the intervention by the Ministry in controversy over the Four Year Degree Course by the Delhi University will set a bad precedent. Replying to a volley of questions by the people belonging to the various parts of the country and abroad over… Read More
Setting up of new major ports in the states of West Bengal and Andhra Pradesh
The Cabinet Committee on Economic Affairs (CCEA) today approved the proposal of the Ministry of Shipping for: (i) setting up a new major port at Sagar Island in West Bengal through the Public Private Partnership (PPP) mode by following the extant procedures for project appraisal/approval, including obtaining environmental clearances, etc. (ii) appointing the transaction advisers… Read More
Coal India Registered a Growth of 5.7% in Coal Production
Coal India Limited (CIL) began the financial year 2013-14 on a positive note as the Maharatna coal mining company during April 2013, fulfilled its targets in both the facets coal off-take and production, posting growth in the process. CIL as a whole produced 35.75 Million Tonnes (MTs) during April 2013 against 33.81 MTs during the… Read More
Prime Minister to Inaugurate National Platform of Disaster Risk Reduction
Prime Minister Dr. Manmohan Singh will inaugurate the First Session of National Platform for Disaster Risk Reduction (DRR) in New Delhi at the Vigyan Bhawan on 13th May 2013. Union Home Minister Shri Sushilkumar Shinde will also be present on the occasion. The whole range of stakeholders from Government, Parliamentarians, Media, International Orgnaisations, NGOs, local… Read More
Global crude oil price of Indian Basket declines to 101.99/US$ bbl on 09.5.2013
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas fell to US$ 101.99/barrel (bbl) on 9.05.2013. This was lower than the price of US$ 102.38/bbl prevailing on the previous trading day of 08.05.2013. In rupee terms also, the crude… Read More
MCA notification – Competition Commission of India Appointment
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 17th April, 2013 S.O. 987(E).”In exercise of the powers conferred by sub section (1) of section 8 read with sub-section (1) of section 10 of the Competition Act, 2002 (12 of 2003), the Central Government her hereby appoints Shri S.L.Bunker as Member of the Competition Commission of India for a period of… Read More
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