Daily Archives: November 17, 2015

CBDT Standard Operation Procedure for Filing Appeals, Curing Defective Appeals and Defective representation

By | November 17, 2015

Central Board of Direct Taxes (Govt of India) PROCEDURE FOR FILING APPEALS, CURING DEFECTIVE APPEALS AND EFFECTIVE REPRESENTATION IN THE DELHI HIGH COURT for Income Tax Department under the Jurisdiction of Principal Chief Commissioner of Income Tax, Delhi Region In the case of National Petroleum Construction Company Vs. DIT in ITA Nos. 143, 144, 533/2013… Read More »

India Bangladesh Initial Draft MoU on Passenger and Cruise Services

By | November 17, 2015

Ministry of Shipping of Govt of India on 17-November, 2015 India and Bangladesh Initial a Draft MoU on Passenger and Cruise Services on Coastal and Protocol Route Secretary Shipping level talks between India and Bangladesh were held in New Delhi yesterday. The Indian delegation was led by Shri Rajive Kumar, Secretary, Ministry of Shipping, Government… Read More »

Few Facts About International Film Festivals of India

By | November 17, 2015

In India, the International Film Festival was for the first time  organised in 1952 in Bombay. It was a non-competitive festival. The fortnight long festival was held with effect from 24th January 1952. Twenty three countries including India participated, in addition UNO also participated. 52 feature films and 115 other films (documentaries, scientific films, cartoons,… Read More »

CCI Imposes Penalties on Jet Airways,InterGlobe,Spice Jet

By | November 17, 2015

Ministry of Corporate Affairs of Govt of India on 17-November, 2015 CCI Imposes Penalties Upon Airlines for Concerted Action in Fixing Fuel Surcharge (FSC) on Cargo Transport The Competition Commission of India (CCI) has imposed penalties upon 3 Airlines for concerted action in fixing and revising Fuel Surcharge (FSC) for transporting cargo. The final order was… Read More »

IRDA invite Comments on Expenses of Management of Insurers transacting Non-life and Health Insurance business

By | November 17, 2015

EXPOSURE DRAFT Date:17-11-2015 Insurance Regulatory and Development Authority of India Insurance Regulatory and Development Authority of India (Expenses of Management of Insurers transacting Non-life and Health Insurance business) Regulations, 2015 Insurance Laws (Amendment) Act 2015 has carried out amendments to the sections 40B and 40C. By the virtue of the amendment in these sections, the rule… Read More »

IRDA invites Comment on Draft for Preparation of Financial Statements and Auditor s Report of Insurance companies

By | November 17, 2015

Exposure Draft Date:17-11-2015 Insurance Regulatory and Development Authority of India Regulations on Preparation of Financial Statements and Auditor s Report of Insurance companies Pursuant to the notification of the Insurance Laws (Amendment) Act, 2015 on 23rd March 2015, there is a need to carry out suitable amendments to the IRDA (Preparation of Financial Statements and… Read More »

Now Insurance is not Subject matter of solicitation

By | November 17, 2015

THE GAZETTE OF INDIA : EXTRAORDINARY PART III—Section 4 INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA NOTIFICATION Hyderabad, the 4th November, 2015 Insurance Regulatory and Development Authority of India (Insurance Advertisements and Disclosure) (Amendment) Regulations, 2015 F. No. IRDAI/Reg/19/109/2015 – In exercise of the powers conferred by Section 26(1) of the Insurance Regulatory and Development… Read More »

Mobile Banking transactions in India, Operative Guidelines for Banks

By | November 17, 2015

Reserve Bank of India RBI/2015-16/65 DPSS.CO.PD.Mobile Banking.No.1/02.23.001/2015-16 July 1, 2015 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam /Dear Sir, Master Circular – Mobile Banking transactions in India – Operative Guidelines for Banks As… Read More »

Cities seek to address water logging problem under Atal Mission

By | November 17, 2015

Ministry of Urban Development of Govt of India on 17-November, 2015 Kerala, Madhya Pradesh, Mizoram, Gujarat and Odisha take lead in constructing storm water drains 5 States to invest Rs.242 cr under Atal Mission action plans for 2015-16 With water logging in cities following rains being a recurrent problem, States and Urban Local Bodies have… Read More »