Category Archives: News

ICSI Revised Annual Membership fee , COP Fees w.e.f 01.04.2017

By | April 1, 2017

Institute of Company Secretaries of India(ICSI) Revision in the Annual Membership fee, Entrance Fee and Certificate of Practice fee for Associate and Fellow Members w.e.f. 1st April, 2017 The Council of the Institute has decided revision in Annual Membership fee, Entrance fee and Certificate of Practice fee for Associate and Fellow Members w.e.f. 1st April, 2017,… Read More »

Interest Rate on Small Savings Schemes for 1st Quarter of 2017-18

By | April 1, 2017

The Union Government has announced revised rates of interest on Small Savings Schemes for the First Quarter of 2017-18 to bring them somewhat closer to market rates Small Savings schemes will continue to be attractive as some of them enjoy income tax benefits and additional interest rate spreads Revision of rates is a reflection of… Read More »

Monthly Average Exchange rate of Indian rupee FY 2016-17

By | April 1, 2017

Exchange rate of the Indian rupee The exchange rate of the Indian rupee has generally witnessed an appreciation trend against the US dollar in the recent period, notwithstanding intermittent bouts of volatility witnessed especially during November-December 2016 on the back of the US presidential election results and Fed rate hike (Table below): Monthly Average Rs/$… Read More »

Govt allows unrestricted export of all certified organic agricultural products

By | April 1, 2017

Cabinet allows unrestricted export of all certified organic agricultural products The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for removal of all quantitative ceilings on individual organic products and allowed unrestricted exports of all organic agricultural and organic processed products irrespective of any existing or… Read More »

Amendments in Mega Power Policy 2009 for Provisional Mega Power projects Approved by Govt

By | April 1, 2017

Cabinet approves amendments in Mega Power Policy 2009 for Provisional Mega Power projects The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has approved the time period for the provisional Mega projects (25 projects), for furnishing the final Mega certificates to the Tax authorities be extended to 120 months instead… Read More »

Cabinet approves Worst Forms of Child Labour Convention 1999

By | April 1, 2017

Cabinet approves ratification of the Minimum Age Convention, 1973 (No. 138) and Worst Forms of Child Labour Convention, 1999 (No. 182) of the International Labour Organization (ILO) The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for ratification of the two fundamental conventions of the International Labour Organization namely,… Read More »

Housing subsidy of Rs. 1,50,000/- per worker for construction of house.

By | March 27, 2017

Ministry of Labour & Employment provides housing subsidy of Rs. 1,50,000/- per worker for construction of house. Ministry of Labour & Employment has formulated Revised Integrated Housing Scheme (RIHS), 2016, which is applicable to the workers engaged in Beedi/Iron Ore Mines, Manganese Ore & Chrome Ore Mines (IOMC)/Limestone Ore Mines, Dolomite Ore Mines (LSDM) /Mica… Read More »