Monthly Archives: May 2016

Free medical treatment for senior citizens

By | May 3, 2016

Free medical treatment for senior citizens As per the unverified information available in public domain, many developed and developing countries have been providing either free medical treatment including medicines and hospitalisation or on subsidised cost, to their senior citizens. However, specific details of such schemes/policies are not available with the Health Ministry. The Government of… Read More »

Railways E-enabled PMIS for Monitoring of Railway projects in India

By | May 3, 2016

Minister of Railways launches one E-enabled application, namely, Project Management & Information System (PMIS) for proper Monitoring of all the Railway projects throughout the country This Application will be able to have a watch over the lifecycle of any project of the Railways Shri Suresh Prabhakar Prabhu, Minister of Railways during a function held at… Read More »

Member can defer the age of drawing pension after 58 years

By | May 3, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 25th April, 2016 G.S.R. 440(E).—In exercise of powers conferred by section 6A read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes… Read More »

RBI releases Discussion Paper on margin requirements for non-centrally cleared derivatives

By | May 3, 2016

The Reserve Bank of India has today placed on its website the Discussion Paper on margin requirements for non-centrally cleared derivatives. RBI invites feedback/comments on the policy proposals contained in this document, especially on the specific questions raised in the paper. The feedback/comments on the policy proposals contained in this document, especially on the specific… Read More »

Area based exemption allowed to install new plant in existing unit

By | May 3, 2016

Facts of the Case and Decision  that even if factory license, ESI, PF Code and series of invoice, for new plant, are taken separately, the area based exemption under Notification 50/2003-C.E., will be allowed to the substantial expansion by installing new plant in existing plot/premises. In the said case, the assessee who was operating at… Read More »

Substantial Acquisition of Shares and Takeovers : Revised Format

By | May 3, 2016

Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/DCR1/CIR/P/2016/52                                   May 02, 2016 To All Listed Entities All Recognised Stock Exchanges All Registered Merchant Bankers Dear Sir/Madam, Sub: Revised Formats under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011… Read More »