Daily Archives: February 18, 2016

MCA invites comments on Amendment in Incorporation Rules 2016

By | February 18, 2016

GOVERNMENT OF INDIA Ministry of Corporate Affairs  NOTICE INVITING COMMENTS ON THE DRAFT COMPANIES (Incorporation) Second  AMENDMENT RULES 2016 Dated the 17th February, 2016 The draft Companies COMPANIES (Incorporation) Second AMENDMENT RULES 2016 i.e. conversion of unlimited liability company into limited liability companyhas been placed on the Ministry’s website at www.mca.gov.in. It has been decided to invite suggestions/comments on… Read More »

Export of Roasted Gram in consumer packs upto 1kg permitted

By | February 18, 2016

THE GAZETTE OF INDIA EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 15th February, 2016 No. 40/2015-20 Subject: Amendment in export policy of Pulses. S.O. 483(E).—In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992),… Read More »

Govt declare education and real estate as public utility services

By | February 18, 2016

The Gazette of India EXTRAORDINARY PART II—Section 3—Sub-section (ii) PUBLISHED BY AUTHORITY MINISTRY OF LAW AND JUSTICE (Department of Justice) NOTIFICATION New Delhi, the 16th February, 2016 S.O. 495(E).—In pursuance of clause (b) of section 22A of the Legal Services Authorities Act, 1987 (39 of 1987), the Central Government, in the public interest, hereby declares… Read More »

Repurchase of Government Stocks

By | February 18, 2016

Source : Reserve Bank of India GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Economic Affairs) (Budget Division) New Delhi, the February 17, 2016. NOTIFICATION Repurchase of Government Stocks F. No.4(5)-W&M/2015: The Government of India hereby notifies repurchase of (i) 7.59 per cent Government Stock 2016, (ii) 10.71 per cent Government Stock 2016, and (iii)… Read More »

Ultra Modern Computer based Signalling System at Khurja yard of Indian Railways

By | February 18, 2016

Indian Railways Khurja Yard gets Ultra Modern Computer based Signalling System The New System Will Have 256 Possible Movements Leading To Immense Flexibility  Better Reliability, Faster Clearance of Trains, Safer Shunting Operation, Better Handling of Long Goods Train, Enhanced Line Capacity, Fully Computerized Operation are the Highlight of the system  The Present System Will In… Read More »

Exchange fluctuation loss to be deducted u/s 10A : High Court

By | February 18, 2016

Issue Whether exchange fluctuation loss of Rs. 74,25,340/- should be reduced from the total turnover for the purpose of computation of deduction under section 10A of the Act, Held Section 10A of the Act is a beneficial provision. The purpose of section 10A of the Act is also to bring more foreign exchange and to… Read More »

All about National Pension System and PRAN

By | February 18, 2016

Entry Norms Government Sector ( Central Government ) What is the role of PFRDA? As per PFRDA Act 2013, PFRDA is an Authority to promote old age income security by establishing, regulating and developing pension funds to protect the interest of subscribers to schemes of pension funds and for matters connected therewith or incidental thereto. What is… Read More »