Pelican Signaling System The Government has introduced Pelican Signaling System in the National Capital Territory of Delhi. Delhi Police has installed Pelican Signals at 39 locations in the NCT of Delhi to facilitate the pedestrians to cross the road safely. In this Signaling System, the pedestrian green light is activated once a request is registered… Read More »
National Sex Offenders List Draft guidelines on the proposal to set up Sex Offenders Registry in India is under preparation in consultation with relevant Ministries/organizations, before they are put out for wider consultation with the State Governments and the public. The initial consultation draft includes the registration of individuals convicted for offences like rape, voyeurism,… Read More »
Simplifying Organ Donor Law and Procedures New Delhi, 10th May, 2016 Dialysis and Renal Transplantation are two treatment options for patients with end stage renal disease condition. As per available information, transplantation is usually the first line of treatment for such patients. As compared with dialysis, Transplantation is considered more effective in improving the quality… Read More »
Action plan for Tobacco-free states Government has taken measures including, inter alia, the following to discourage the consumption of tobacco products: (i) Enactment of the “Cigarettes and other Tobacco Products (Prohibition of Advertisement and Regulation of Trade and Commerce, Production, Supply and Distribution) Act, (COTPA) 2003”. (ii) Ratification of WHO Framework Convention on Tobacco Control.… Read More »
Government takes various steps in last two years to curb the menace of Black Money both within and outside the country. The present Government has taken various decisions and steps to curb the menace of black money both within and outside the country in last two years. Some of the major decisions and actions taken… Read More »
Recommendations of Tax Administration Reform Commission (TARC) in all the four Reports submitted to Government The Tax Administration Reforms Commission (TARC) headed by Dr. Parthasarathi Shome submitted its report in four volumes containing a total of 385 recommendations that pertain to Central Board of Direct Taxes (CBDT) and 201 recommendations that pertain to Central Board… Read More »
Plans of Government to render black money and fake notes circulating in the market ineffective The Government has not issued any guidelines regarding minimising daily financial transactions in cash to curb money laundering, black money and so on. However, the plans of Government to render black money and fake notes circulating in the market ineffective… Read More »
IT Assesment of CSR Spending Section 135 (1) of the Companies Act, 2013 mandates every company with a turnover of Rs. 1000 crores or more; or a networth of Rs. 500 crores or more; or a net profit of Rs. 5 crore or more to spend at least two per cent of their average net… Read More »
Adoption of Suggestions of Panel on Review of Companies Act The report of Companies Law Committee (CLC) was submitted on 01/02/2016 vide which the Committee had suggested changes in 78 sections of Companies Act, 2013 not including the consequential amendments in other sections of the Act. The Government has accepted most of the recommendation of… Read More »
Carry Forward of Unspent CSR Obligations The Ministry of Corporate Affairs, in its circular dated 12th January 2016, has clarified that, the Board of the Company is free to decide whether any unspent amount from out of the minimum required CSR expenditure is to be carried forward to the next year. This provision is uniformly… Read More »