HC to CCI: Provide Complete order by 3rd June
The Delhi High Court today asked Competition Commission to provide the NSE by friday its complete order including views of members dissenting with the majority ruling that held the bourse guilty of abusing market dominance. The National Stock Exchange (NSE) will have to reply to the Competition Commission of India (CCI) in the five working… Read More
Centre Seeks Views of State Governments and Political Parties on Lokpal
The Centre has sought the views of State Governments and Political Parties on certain issues related to drafting of Lokpal Bill. The text of the letter written by the Chairman of the Drafting Committee, Shri PranabMukherjee is as follows: The issue of setting up of a Lokpal to curb corruption in high places has been under the consideration of the… Read More
India and Iran discuss on issues related to Settlement of Payments
India and Iran hold detailed and Constructive Discussions on the Various Options for Resolving the Issues relating to Settlement of Payments; agreed to continue their Engagement in the Matter India and Iran sides held detailed and constructive discussions for two days i.e. May 30-31, 2011 on the various options for resolving the issues relating to… Read More
Jairam Ramesh to Release Report on Green Economy and the Forest on World Environment Day
Shri Jairam Ramesh to Release UNEP Report on Green Economy and the Forest on World Environment Day World Environment Day, 5th June is observed each year throughout the world, to focus attention on emerging environmental issues, and to induce public action. For 2011 UNEP (United Nations Environment Programme) has given the theme "Forests: Nature at Your… Read More
Do not respond to mails on IT refunds asking your credit card details
Information has been received from several quarters that people are receiving electronic mails informing them of their income-tax refunds and seeking their credit card details. It is clarified that the Income Tax Department does not send e-mails regarding refunds and does not seek any information regarding credit cards of taxpayers. Taxpayers are, therefore, cautioned that… Read More
Parkash Chandra is the new CBDT Chairman
No.402/92/2006-MC (11 of 2011) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi dated the 31st May, 2011 Shri Paraksh Chandra, an IRS (IT) officer of the 1973 batch, took over as Chairman of the Central Board of Direct Taxes (CBDT) today afternoon. He will also continue to look after… Read More
Customs Tariff Notification : New rates for Brass Scrap and Poppy seeds
[TO BE PUBLISHED IN PART-II, SECTION-3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRAORDINARY] Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 37/2011 Customs (N. T.) New Delhi, 31st May, 2011 10 Jyaistha, 1933 (SAKA) S. O¦ (E) In exercise of the powers conferred by sub-section (2)… Read More
Revision in the powers of adjudication of the officers of Customs
Circular No.24/2011-Customs F.No.450/117/2009-Cus.IV Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs 227-B, North Block, New Delhi-110001 31st May, 2011. To All Chief Commissioners of Customs / Customs (Prev.). All Chief Commissioners of Customs & Central Excise. All Commissioners of Customs / Customs (Prev.). All Commissioners of… Read More
Corrigendum to Notification SO 479(E) dated 04 March, 2011
TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRA ORDINARY PART II, SECTION 3, SUB SECTION (ii) GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS New Delhi, the 30th May, 2011 CORRIGENDUM SO.___ In the notification of the Government of India in the Ministry of Corporate Affairs, published in the Gazette of India, Extraordinary, Part II,… Read More
CCI: Penalty for making false statement or omission to furnish material information
TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRA ORDINARY PART ii, SECTION 3, SUB SECTION (II) GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS New Delhi, the 30th May, 2011 NOTIFICATION SO.___ In exercise of the powers conferred by sub-section (3) of section 1 of the Competiotion Act, 2002 (12 of 2003), the Central Government… Read More
Power of CCI to impose penalty for non-furnishing of information on combinations
TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRA ORDINARY PART ii, SECTION 3, SUB SECTION (II) GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS New Delhi, the 30th May, 2011 NOTIFICATION SO.___ In exercise of the powers conferred by sub-section (3) of section 1 of the Competiotion Act, 2002 (12 of 2003), the Central Government… Read More
Draft Rules in respect of unlisted public companies for preferential allotment /private placement
F.No. 12/13/2011-Legal Government of India Ministry of Corporate Affaris 51h Floor. A Wing, Shastri Rhawan, Dr. R.P. Road, New Delhi ” 110001 Dated 24.05.2011 To All the Regional Directors, All the Registrar of Companies/ Official Liquidators All stakeholders Sub : New Rules in respect of unlisted public companies preferential allotment /private placement Sir, Ministry is considering… Read More
Depreciation for the purpose of declaration of Dividend U/s 205 for Electricity Cos.
General Circular No: _31__ /2011 No: 51/23/2011-CL-III Government of IndiaMinistry of Corporate Affairs 5th floor, `A' Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi-110 001. Dated: 31st May, 2011 To, All Regional Directors, All Registrars of Companies Subject: Depreciation for the purpose of declaration of Dividend under Section 205 in case of companies referred to… Read More
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