Daily Archives: July 22, 2016

Deductions of Taxes to calculate foreign earnings of SFIS/SEIS Schemes

By | July 22, 2016

Government of India Ministry of Commerce & Industry Department of Commerce (Directorate General of Foreign Trade) Udyog Bhawan, New Delhi Trade Notice No. 11/2015-20 Dated 21stJuly, 2016 To All Regional Authorities/All Customs Authorities/FIEO/EPCs/All Concerned Subject : Deduction of State /Central Taxes collected from the customers while calculating foreign earnings for SFIS/SEIS Schemes. The CAG audit… Read More »

Online Medical Report Facility in 4 hospitals

By | July 22, 2016

Online Medical Report Facility Online Registration System (ORS) is being implemented in various hospitals in States/UTs to provide online registration, online appointment services to citizens along with online viewing of medical test report on ORS portal by citizens. So far, it has been implemented in 43 hospitals. However, the module for online viewing of reports… Read More »

How Bill becomes Act

By | July 22, 2016

PASSAGE OF LEGISLATIVE PROPOSALS IN PARLIAMENT The basic function of Parliament is to make laws. All legislative proposals have to be brought in the form of Bills before Parliament. A Bill is a statute in draft and cannot become law unless it has received the approval of both the Houses of Parliament and the assent… Read More »

The Citizenship (Amendment ) Bill 2016

By | July 22, 2016

Bill No. 172 of 2016 THE CITIZENSHIP (AMENDMENT) BILL, 2016 Date of Introduction in Lok Sabha 19.07.2016 STATEMENT OF OBJECTS AND REASONS The Citizenship Act, 1955 was enacted to provide for the acquisition and determination of Indian citizenship. Under the existing provisions of the Act, persons belonging to the minority communities, such as Hindus, Sikhs,… Read More »

RBI Master Direction – Lending to Micro, Small & Medium Enterprises (MSME) Sector

By | July 22, 2016

RBI/FIDD/2016-17/37 Master Direction FIDD.MSME & NFS.3/06.02.31/2016-17 July 21, 2016 The Chairman/Managing Director/Chief Executive Officer All Scheduled Commercial Banks (excluding Regional Rural Banks) Dear Sir / Madam Master Direction – Lending to Micro, Small & Medium Enterprises (MSME) Sector As you are aware, the Reserve Bank of India has, from time to time, issued a number… Read More »

Cancellation Fee of Airlines

By | July 22, 2016

Cancellation Fee of Airlines Under the provision of prevailing regulation (Sub Rule (1) of Rule 135 of Aircraft Rules, 1937), every air transport undertaking engaged in scheduled air services is required to establish tariff having regard to all relevant factors, cost of operation, characteristics of service, reasonable profit and the generally prevailing tariff including the… Read More »