Corporate Law Reporter - The Daily Journal

CBEC tableau depicting Indian Customs: Guardians Of Our Economic Frontiers is part of this year™s Republic Day Parade

The year 2012-13 marks 50 years of the Customs Act, 1962 and to celebrate the occasion, Central Board of Excise and Customs™ (CBEC) tableau depicting Indian Customs: Guardians Of Our Economic Frontiers is part of this year™s Republic Day Parade. Beside being a significant contributor to Central Government Revenue & facilitator of international movement of… Read More

MCA initiates to impart training to regulators to carry out necessary examination of filings in XBRL

The Ministry of Corporate Affairs has established an added facility under MCA 21, integration with Trade Mark Authority recently. The added feature facilitates professional / public to cross verify Company name before applying for ROC approval. In addition, the XBRL reporting format has been introduced for filing of financial statements [Balance Sheet and Profit &… Read More

ICAI- DT Committee enters into an arrangement with Taxmann to provide all material as part of standard practice & procedure

As an ongoing attempt to enable the members to keep pace with the latest developments in direct taxes, the Direct Taxes Committee of ICAI has entered into an arrangement with Taxmann, a reputed and a well known publisher, wherein Taxmann has agreed to provide all materials that are published and made available by it as… Read More

Building Bridges through Economic Co-operation, discussed at the SAARC Summit

Shri Anand Sharma, the Union Minister of Commerce, Industry & Textiles addressed the plenary session of the SAARC Business Summit centered around the theme of Building Bridges through Economic Co-operation, here today. Speaking on the occasion Shri Sharma said, Today™s world is integrated & interdependent. Partnerships are the defining theme of our times. Asia, today,… Read More

Smart cards issued to more than 2.57 crore BPL households

The Rashtriya Swasthya Bima Yojana (RSBY), a unique scheme launched by Union Ministry of Labour and Employment so far more than 2.57 crore smart cards have been issued till the end of December,2011. The Scheme is presently being implemented in 24 States / Union Territories, namely, Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Gujarat, Haryana, Himachal… Read More

Need for Appropriate Policy Instruments to Address Areas of Concern in the Economy

The Union Finance Minister Shri Pranab Mukherjee has said that on account of the global impact, the Indian economy was facing areas of concern and to address them appropriate policy instruments were required. The Finance Minister Shri Mukherjee was addressing the First meeting of the Consultative Committee attached to his Ministry here yesterday during the… Read More

Competition Advocacy is a Critical Function of Competition Agencies- Ashok Chawla, Chairman CCI

The Competition Commission of India (CCI) Chairman Shri Ashok Chawla has pointed out that competition advocacy is a critical function of competition agencies as it has a very important role to play in creating ˜competition culture™ in the economies. Addressing a one day long an international workshop organised yesterday in collaboration with Organisation for Economic… Read More

A win win situation for Vodafone International Holding

The Supreme Court on Friday, gave a remarkable decision, by directing the government to return Rs 2500 crore to Vodafone International Holding with interest over a $ 2.2 billion tax bill for its purchase of Hutchison Whampoa™s Indian mobile business in 2007. This decision is indeed a welcoming note for all the Foreign Investors to make… Read More

Fin Min says, requirement to have appropriate policy instruments to solve the economic areas of concern

The Union Finance Minister Shri Pranab Mukherjee has said that on account of the global impact, the Indian economy was facing areas of concern and to address them appropriate policy instruments were required. The Finance Minister Shri Mukherjee was addressing the First meeting of the Consultative Committee attached to his Ministry here yesterday during the… Read More

DIPP- Filing of IEM application

Under the provisions of Press Note. 9 (1991 Series) dated 2nd August 1991, entrepreneurs are required to submit an Industrial Entrepreneurs Memorandum (IEM) in the prescribed form along with the prescribed fee for undertaking the manufacture of any article exempted from Industrial Licence in terms of this Ministry™s (Department of Industrial Policy & Promotion) notification… Read More

TM Registry to follow stringent practices for presentation, fees submission etc.

The Trade Marks Registry was established in India in 1940 and presently it administers the Trade Marks Act, 1999 and the rules thereunder. It acts as a resource and information centre and is a facilitator in matters relating to trade marks in the country. The objective of the Trade Marks Act, 1999 is to register… Read More

Seeks to notify Refund of AntiÂ-Dumping Duty (Paid in Excess of Actual Margin of Dumping) Rules, 2012

Government of India Ministry of Finance (Department of Revenue) **** Notification No. 05 /2012- Customs (N.T.) G.S.R. (E). - In exercise of the powers conferred by sub-section (2) of section 9 AA of the Custom Tariff Act 1975 (51 of 1975), the Central Government hereby makes the following rules, namely:- 1. Short title, extent and… Read More

Amend Custom Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995

Government of India Ministry of Finance (Department of Revenue) **** Notification No.5 /2012- Customs (N.T.) New Delhi, the19th January, 2012 G.S.R. (E). - In exercise of the powers conferred by sub-section (2) of section 9 AA of the Custom Tariff Act 1975 (51 of 1975), the Central Government hereby makes the following rules, namely:- 1.… Read More