Monthly Archives: February 2016

Settlement of Export/ Import transactions in currencies not having a direct exchange rate

By | February 5, 2016

Source: Reserve Bank of India RBI/2015-16/307 A.P. (DIR Series) Circular No. 42 February 4, 2016 To All Category – I Authorised Dealer Banks Madam/ Sir, Settlement of Export/ Import transactions in currencies not having a direct exchange rate Attention of Authorised Dealer Category I (AD Category – I) banks is invited to Notification No. FEMA.… Read More »

RBI Increased RTGS service charges

By | February 5, 2016

Source : Reserve Bank of India RBI/2015-16/306 DPSS (CO) RTGS No.1926/04.04.002/2015-16 February 4, 2016 The Chairman / Managing Director / Chief Executive Officer of participants of RTGS Madam / Sir, RTGS service charges for members and customers – Rationalisation A reference is invited to our circular DPSS.(CO).RTGS.No.388/04.04.002/2011-2012 dated September 5, 2011. 2. As participants in… Read More »

Exchange rate for foreign currency conversion w.ef 5.02.16

By | February 5, 2016

Rate of exchange of conversion of the foreign currency with effect from 5th February, 2016 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 18/2016 – Customs (N.T.) Dated the 4th February, 2016 15 Magha, 1937 (SAKA) In exercise of the powers conferred by section 14 of… Read More »

CBEC allow export of material without payment of excise for Kholongchhu Hydro-Electric Project (KHEP) in Bhutan

By | February 5, 2016

Seeks to amend Notification No. 45/2001 – CE (NT) dated 26th June, 2001, as amended, to allow export of material/equipment under bond, without payment of Central Excise duty, for Kholongchhu Hydro-Electric Project (KHEP) in Bhutan Read Complete Notification 03/2016-CENT dt. 03-02-2016

Apprenticeship (Amendment) Rules, 2016 notified

By | February 5, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF SKILL DEVELOPMENT AND ENTREPRENEURSHIP NOTIFICATION New Delhi, the 25th January, 2016 G.S.R. 130(E).—In exercise of the powers conferred by sub-section (1) read with sub-section (1A) of section 37 of the Apprentices Act, 1961 (52 of 1961), the Central Government, after consulting the Central Apprenticeship… Read More »

State bound by doctrine of promissory estoppel : Supreme Court

By | February 4, 2016

  How far and to what extent is the State bound by the doctrine of promissory estoppel ? Held It is clear from the letter of the 4th respondent dated 23rd January, 1969 that a categorical representation was made by the 4th respondent on behalf of the Government that the proposed Vanaspati factory of the… Read More »

RULES ON PREVENTION OF SEXUAL HARASSMENT OF WOMEN AT WORKPLACE

By | February 4, 2016

SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) RULES, 2013 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF WOMEN AND CHILD DEVELOPMENT NOTIFICATION New Delhi, the 9th December, 2013 G.S.R. 769(E).—In exercise of the powers conferred by section 29 of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and… Read More »

THE COMMERCIAL COURTS, COMMERCIAL DIVISION AND COMMERCIAL APPELLATE DIVISION OF HIGH COURTS ACT , 2015

By | February 4, 2016

THE GAZETTE OF INDIA EXTRAORDINARY [PART II — Section 1 ] MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 1st January, 2016 The following Act of Parliament received the assent of the President on the 31st December, 2015, and is hereby published for general information:— THE COMMERCIAL COURTS, COMMERCIAL DIVISION AND COMMERCIAL APPELLATE… Read More »