The Reserve Bank of India has today asked authorised dealers (AD) Category – I banks to mandatorily file, from February 8, 2016, forms Advanced Remittance Form (ARF), Foreign Collaboration General Permission Route(FC-GPR) and Foreign Collaboration Transfer of Shares (FC-TRS) only through online mode on e-Biz portal. Physical filing of these forms will be discontinued from… Read More »
Source RBI BI/2015-16/303 A.P. (DIR Series) Circular No. 40 February 01, 2016 To All Category – I Authorised Dealer Banks Madam / Sir, Foreign Direct Investment –Reporting under FDI Scheme, Mandatory filing of form ARF, FCGPR and FCTRS on e-Biz platform and discontinuation of physical filing from February 8, 2016 Attention of Authorised Dealers Category-I… Read More »
Vietnam Lifts Ban on Import of Indian Groundnut- Major Step Forward in Securing Market Access Vietnam has formally lifted the ban on import of Indian Groundnut, thereby providing market access after nine months. The Vietnam Ministry of Agriculture & Rural Development (MARD) have formally communicated the decision to the Indian Government stating that Plant Protection… Read More »
CBDT Signs Two Bilateral Advance Pricing Agreements (APAs) With United Kingdom The Central Board of Direct Taxes (CBDT) has entered into two bilateral Advance Pricing Agreements (APAs) with United Kingdom on 29th January, 2016. With this signing, CBDT has concluded three bilateral APAs the first one being a bilateral APA signed with Japan in December,… Read More »
Government to Invest Rs 175 Crore for Enhancing the Competitiveness of Indian Capital Goods Sector Government of India, today approved five projects leading to further enhancement in the competitiveness of the Indian Capital Goods Sector and giving impetus to the Make in India campaign of the Prime Minister. The Government support in form of grant… Read More »
238 Villages Electrified Last Week Under Ddugjy 238 villageshave been electrified across the country during last week (from 25th to 31stJanuary 2016) under Deen Dayal Upadhyaya Gram JyotiYojna (DDUGJY). Out of these electrified villages, 2 villages belong to Assam, 3 villages to Bihar, 40 to Jharkhand, 34 to Chhattisgarh, 143 in Odisha, 07 in Rajasthan,… Read More »
Shri Suresh Prabhu Inaugurated and Launched Works Module of Indian Railways E-Procurement System (IREPS) and Implementation of ‘ e-Tendering in Works Contracts ’ This Portal will enable railways to implement e-governance in Works Contract with facilities like creation and publication of tenders online, enable tenderers to view tenders, submit their requisite amount and bid offers… Read More »
Economic Growth Essential in Rural Regions to Check Migration: Chaudhary Birender Singh Rurban Mission to be Launched on 28th February from Kerala Ensuring availability of amenities to rural populace is on the top priority of the central government as 69% of India’s population resides in villages. A focused approach to make qualitative improvement in rural… Read More »
Basic pension of Group ‘C” and ‘D’ retirees of Major Port Trusts & Dock Labour Board to increase by 5.69 %. In a major relief to the Group ‘C’ and ‘D’ retirees of Major Port Trusts & Dock Labour Board, the Ministry of Shipping has approved the increase in the basic pension by 5.69% in… Read More »
Beti Bachao Beti Padhao Scheme being extended to 61 more districts: Smt Maneka Sanjay Gandhi 660 One Stop Centres for Women to be set up, announces WCD Minister Vrindavan to have India’s largest facility for widows The Government has taken several new and forceful initiatives for the protection and welfare of women and children in… Read More »