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 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 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 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 »
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 »
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 »
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 »
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 »
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 »
Held The nearness of the land to highway also does not alter the character of the land and appreciation in the price of land cannot be seen in isolation and if agricultural operations were carried out by the assessee, the appreciation in the price of land alone would not lead to the conclusion that the… Read More »