Union Home Minister approves New Prison Manual 2016 The Union Home Minister Shri Rajnath Singh has approved the new Model Prison Manual consisting of 32 chapters which aims at bringing in basic uniformity in laws, rules and regulations governing the administration of prisons and the management of prisoners all over the country. The key revisions… Read More »
India Signs Financing Agreement with World Bank for US$ 250 Million for Jhelum and Tawi Flood Recovery Project The Financing Agreement for World Bank (IDA) assistance of US$ 250 million for Jhelum and Tawi Flood Recovery Project was signed between Government of India and the World Bank here today. The Financing Agreement was signed by… Read More »
Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise & Customs No.02/2016-CUSTOMS (N.T.), dated 07th January, 2016, except as respects things done… Read More »
‘Decentralization of Environmental Clearance for Sustainable sand Mining and Mining of Minor Minerals Introduced’: Javadekar The Government has announced that the process of granting Environmental Clearance for sustainable sand mining and mining of minor minerals has been decentralized. The Ministry has created District Environment Impact Assessment Authority (DEIAA) for proper monitoring of sand mining. … Read More »
Issue :- Allowance of depreciation under Section 32(1) of the Act @ 15% on Rs. 10,00,000/- paid by the assessee as fees to the Registrar of Companies for the expansion of capital base and capitalized towards plant and machinery. HELD Since the fees paid to Registrar of Companies for enhancing the authorized share capital for expansion… Read More »
The Gazette of India EXTRAORDINARY PART II—Section 3—Sub-section (ii) MINISTRY OF SOCIAL JUSTICE AND EMPOWERMENT (Department of Social Justice and Empowerment) NOTIFICATION New Delhi, the 18th January, 2016 S.O. 152(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Amendment Act, 2015… Read More »
General Circular No 2/2016 F No 1/13/2012/CL-V Government of India Ministry of corporate Affairs Subject Whether Hindu Undivided Family (HUF) / its Karta can become partner /designated partner (DP) in Limited Liability partnership It is hereby clarified that HUF or irs Karta can not become partner /designated partner (DP) in Limited Liability partnership Click for Complete… Read More »
F.No.354/311/2015-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) 20th January, 2016 To, Principal Chief Commissioners of Customs and Central Excise (All) Principal Chief Commissioners of Central Excise & Service Tax (All) Principal Director Generals of Goods and Service Tax/System/CEI Director General of Audit/Tax Payer Services, Principal Commissioners/ Commissioners of Customs… Read More »
Suggested Arbitration Clause for various Legal Documents – (18-01-2016) Announcement For the Members of the ICAI The Committee on Economic, Commercial Laws & WTO of the ICAI has recommended to issue an Advisory to Members for incorporating the Standard Arbitration Clause in the various legal documents/deeds/contracts/ agreements etc. in order to achieve the objective to… Read More »
ICAI has notified the dates of May 2016 Exam of CA Final and IPC Intermediate Click for Complete Notification