Daily Archives: May 4, 2016

India and UAE Signs for Skill Development

By | May 4, 2016

Agreement between India and UAE   The Minister of State (Independent Charge) for Skill Development and Entrepreneurship Shri Rajiv Pratap Rudy has said that the Ministry of Skill Development and Entrepreneurship on 29.4.2016 signed a Memorandum of Understanding with National Qualifications Authority of United Arab Emirates (UAE) on cooperation for Skill development and mutual recognition of… Read More »

India skill on Seasonal Forecasting System better than other countries in the world

By | May 4, 2016

India Meteorological Department’s skill on Seasonal Forecasting System, is better than other countries in the world – Dr. Harsh Vardhan  During the current year, normal/ above normal rainfall has been predicted by many forecasting agencies including India Meteorological Department (IMD). No forecast assessment for pre-monsoon season is issued by any agencies. According to the IMD’s… Read More »

Different Rates for Supply of Natural Gas in States

By | May 4, 2016

Different Rates for Supply of Natural Gas in States The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Rajya Sabha in a written reply today that the delivered price of gas varies from customer to customer depending upon the basic price of gas, transportation cost, local taxes and levies.… Read More »

Reforms in Oil and Gas Exploration

By | May 4, 2016

Reforms in Oil and Gas Exploration The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Rajya Sabha in a written reply today that the Government takes various policy and administrative initiatives from time to time to facilitate hydrocarbon exploration in the country. Some of the policy decisions taken by… Read More »

1Crore Indians Surrendered Subsidy on Domestic LPG

By | May 4, 2016

The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Rajya Sabha in a written reply today that as on 01.05.2016 more than 1 crore LPG customers have given up LPG subsidy under the ‘GiveItUp’ campaign.  State/UT-wise number of LPG consumers who have given up their subsidy is at Annexure-I.… Read More »

space : India Sign MOU with 37 countries

By | May 4, 2016

MOU with Foreign Countries Indian Space Research Organisation (ISRO) of Department of Space, Government of India has signed MoU/ Cooperative agreements for exploration and use of outer space with 37 countries viz. Argentina, Australia, Brazil, Brunei Darussalam, Bulgaria, Canada, Chile, China, Egypt, France, Germany, Hungary, Indonesia, Israel, Italy, Japan, Kazakhstan, Kuwait, Mauritius, Mexico, Mongolia, Myanmar,… Read More »

Radiation Sterilisation products acceptable by Food & Drug Administration

By | May 4, 2016

Atomic Material Radiation Sterilisation is a cold process that uses gamma radiation for sterilisation of Healthcare Products. Controlled gamma energy which is released by radioisotope such as Cobalt-60 is used for sterilisation. Cobalt-60 is most preferred radioisotope as it is readily available from single nuclear reaction in reactor and also cost effective. Gamma radiation is… Read More »

Unabsorbed depreciation allowed to be carried forward even if return filed belatedly

By | May 4, 2016

Issue Where the assessee  filed the return after expiry of time prescribed u/s 139(1), whether he is eligible to carry forward and set off of such unabsorbed depreciation as per section 139(3) and section 80 of the Act. ? Held Whereas, section 80 of the Act requires that return be filed as per section 139(3) of the Act… Read More »

Section 54F can’t be denied even if house construction Incomplete

By | May 4, 2016

Held Section 54F of the Act is a beneficial provision of promoting the construction of residential house. Therefore, the said provision has to be construed liberally for achieving the purpose for which it was incorporated in the statute. The intention of the Legislature was to encourage investments in the acquisition of a residential house and… Read More »