Salient Features of National Telecom Policy-2012
Licensing, Convergence and Value Added Services Strive to create One Nation - One License across services and service areas. Achieve One Nation - Full Mobile Number Portability and work towards One Nation - Free Roaming. To orient, review and harmonise the legal, regulatory and licensing framework in a time bound manner to enable seamless delivery… Read More
GoI Notifies Guidelines for PCO Holders
The Government has notified the Information Technology (Guidelines for cyber Café Rules 2011). The Rules provide the detailed guidelines for cyber café holders interalia for registration of cyber café and preserving the records in respect of the users or any person who uses the services at such cyber café. After taking a considered view in… Read More
National High Level Airspace Policy Body to monitor Flexible Use of Airspace
On initiative of Civil Aviation Minister, Shri Ajit Singh, the Cabinet Committee on Security (CCS) today cleared Flexible Use of Airspace (FUA) by civil and military users, which was unresolved for last so many years. There was a need to fulfill the demand of national security, where the need of airspace by the military was… Read More
RBI signs Currency Swap Agreement with Royal Monetary Authority of Bhutan
The Reserve Bank of India has today signed the first Currency Swap Agreement with the Royal Monetary Authority of Bhutan. The Royal Monetary Authority of Bhutan can make drawals of US Dollar, Euro or Indian Rupee in multiple tranches up to a maximum of US$ 100 million or its equivalent. This is expected to further… Read More
Financial Sector Regulators sign an MoU to monitor Financial Conglomerates; Approve National Strategy for Financial Education
The financial sector regulators (Reserve Bank of India, Securities and Exchange Board of India, Insurance Regulatory and Development Authority and Pension Fund Regulatory and Development Authority) signed a Memorandum of Understanding (MoU) for co-operation in the field of consolidated supervision and monitoring of financial groups identified as financial conglomerates. The Sub Committee of the Financial… Read More
Compulsory registration with trade associations before exhibition of product is anti-competitive in terms of the provisions of Section 3 of the Competition Act
CLR Editorial Notes: In the present case, the informant (M/s. Shri Ashtavinayak Cine Vision Limited) has alleged that local association of distributors and exhibitors by making it compulsory for every film distributor to become their member and/ or register its film with the associations before the exhibition of such films, are strengthening their dominant position… Read More
CBEC notice on Setting up of Public/Private Bonded Warehouses for Gems & Jewellery Sector
Circular No. 11/2013-Customs F. No. DGEP/G&J/07/2013 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Directorate General of Export Promotion New Delhi, the March 6, 2013 To All Chief Commissioners of Customs/Central Excise, All Commissioners of Customs/ Central Excise. Madam/ Sir, Subject: Setting up of Public/Private Bonded Warehouses for… Read More
CBDT issues Corrigendum regarding Electoral Trusts Scheme 2013
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 18/2013 (Income-Tax) CORRIGENDUM New Delhi, the 26th February, 2013 S.O. 464(E)- the notification of Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), number 9/2013 dated 31-1-2013 bearing S.O. 309(E) and published in the Gazette of India,… Read More
Regulation Notices to Power distribution Companies
NTPC has served Regulation Notices to few power distribution companies for regulation of power supply due to non-payment of dues/ non availability of required Letter of Credit (LC) as per provisions in Power Purchase Agreement. The power supply was not suspended to there Companies. At times, a few power distribution companies like Meghalaya Energy Corporation… Read More
MoF Statement date extension of Form ST-3 Filing
CBEC Extends Date of Submission of the Form ST-3 for the Period from 1st July 2012 to 30th September 2012, from 25th March, 2013 to 15th April, 2013 In exercise of the powers conferred by sub-rule(4) of rule 7 of the Service Tax Rules, 1994, the Central Board of Excise & Customs (CBEC) hereby extends… Read More
Registrar of Companies- Cum- Official Liquidator Office to be Established at Bilaspur
A decision has been taken to establish an office of Registrar of Companies- cum- Official Liquidator, Chhattisgarh, at Bilaspur. Giving this information in written reply to a question in the Lok Sabha today, Shri Sachin Pilot, Minister of Corporate Affairs, said that his Ministry has already taken steps to establish this office at Bilaspur, for… Read More
National Internet Registry launched under NIXI for Coordinate Internet Resource Management
Shri Kapil Sibal, Union Minister for Communications and Information Technology launched the portal of National Internet Registry (NIR) here today. Speaking on the occasion Shri Sibal pointed out that unless this platform is inclusive, we will not be able to empower the people. He underlined that the internet is an exceptionally powerful tool and nothing… Read More
Civil Aviation Authority with more Powers to Replace DGCA
The Minister of State for Civil Aviation, Shri K. C. Venugopal today informed Rajya Sabha that Government has decided to replace the present Director General of Civil Aviation (DGCA) with more powerful Civil Aviation Authority (CAA). The proposed Civil Aviation Authority (CAA) will have adequate financial and administrative flexibility to meet functional requirements for an… Read More
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