Petroleum and Natural Gas Minister reviews the preparedness and strategy of the OMCs to expand the LPG penetration across the country The Minister of State (I/C) for Petroleum and Natural Gas Shri Dharmendra Pradhan reviewed the preparedness and strategy of the Oil Marketing Companies (OMCs) to expand the LPG penetration across the country on Tuesday… Read More »
FM: Indian economy is on path of recovery despite uncertainty and volatility in global economic situation; Government continues to adhere to the path of fiscal consolidation; Gross tax revenues of the Government increase by 20.8 per cent during April-November 2015-16 over the corresponding period in the previous year led by a buoyant growth in indirect… Read More »
Sale of Tickets for Republic Day Parade and Beating Retreat Begins In order to facilitate the general public to witness the Republic Day Parade at Rajpath and Beating Retreat Ceremony at Vijay Chowk, the sale of tickets has commenced. The price of tickets for the Republic Day Parade on 26th January 2016 are Rs. 500/-… Read More »
Task Force recommendations on development of manufacturing capabilities in Pharmaceutical production released; Chemicals and Fertilizers Minister says Six pharma parks and two medical devices parks will be set up The Union Minister of Chemicals and Fertilizers, Shri Ananth Kumar today released recommendations of the task force on development of manufacturing capabilities in each medical vertical… Read More »
MoU between India and Maldives for Health The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its ex-post facto approval for the Memorandum of Understanding (MoU) between India and Maldives which was signed in January, 2014 on cooperation in the field of Health. The Memorandum of Understanding covers the following areas… Read More »
Constitution of an Empowered Committee of Secretaries to process the recommendations of the 7th Central Pay Commission The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for setting up an Empowered Committee of Secretaries under the Chairmanship of Cabinet Secretary, in order to process the recommendations of 7th Central… Read More »
Cabinet approves India joining the International Energy Agency – Ocean Energy Systems The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has given its approval for India becoming a member country of the International Energy Agency – Ocean Energy Systems (IEA-OES) by signing the Implementing Agreement (IA). The nodal agency for the membership… Read More »
Cabinet approves New Crop Insurance Scheme – Pradhan Mantri Fasal Bima Yojana – A boost to the farming sector The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has approved the ‘Pradhan Mantri Fasal Bima Yojana’ – a path breaking scheme for farmers’ welfare. The highlights of this scheme are as under:… Read More »
Summary of Decision:- The assessee is established for religious and charitable purposes and the anonymous donation was not received with specific direction that such donation is for any university or other educational institution or any hospital or other medical institution run by the assessee trust. Therefore, the AO was not justified in making the addition… Read More »
Exchange Rate Notification with effect from 13th January, 2016 which seeks to amend Notification No. 02/2016-Cus (NT) dt. 07-01-2016 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 12/2016 – Customs (N.T.) Dated the 12th January, 2016 In exercise of the powers conferred by section 14 of… Read More »