Category Archives: News

EPF Interest Rate for Fiscal Year 2016-17 decided @ 8.65%

By | December 19, 2016

EPF Interest Rate 2016-17 Provident fund subscribers will get lower interest rate on their deposits this year as compared to last year. The provident fund body – the Employees Provident Fund Organisation or EPFO – at a meeting today decided to give 8.65 per cent interest rate for current fiscal year (2016-17). The move will… Read More »

Political party can’t accept donations in Old Rs 500 & 1000 notes Post Demonetization

By | December 18, 2016

Statement by Finance Minister Shri Arun Jaitley Following is the statement by Union Minister for Finance and Corporate Affairs Shri Arun Jaitley: “Political parties have not been granted any exemption post demonetisation and introduction of Taxation Laws (Second Amendment) Act, 2016 which came into force on 15th December, 2016. Income & Donations of political parties… Read More »

Status of black money before/after Demonetization in India

By | December 17, 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE LOK SABHA STARRED QUESTION NO 433 ANSWERED ON: 16.12.2016 ANANT KUMAR DATTATREYA HEGDE Will the Minister of be pleased to state (a) whether the Government has made any assessment/estimation of the total amount of black money before/after implementation of the demonetisation in the country and if so, the details thereof; (b) the… Read More »

Honda to hike car prices by up to 3% from January 2017

By | December 17, 2016

Honda Cars India to increase prices across models December 16, 2016: Honda Cars India Ltd. (HCIL) today announced a proposed price increase on all its models of upto 3 percent. The revised prices will be effective from January 2017. Mr. Yoichiro Ueno, President and CEO, Honda Cars India Ltd. said, “Due to the increasing pressure on… Read More »

Penalty for delay in Payment of MGNREGS Wages

By | December 17, 2016

GOVERNMENT OF INDIA MINISTRY OF RURAL DEVELOPMENT DEPARTMENT OF RURAL DEVELOPMENT LOK SABHA UNSTARRED QUESTION NO. 4814 TO BE ANSWERED ON 15.12.2016 PENALTY FOR DELAYS IN PAYMENT OF WAGES 4814. SHRI AJAY MISRA TENI: Will the Minister of RURAL DEVELOPMENT be pleased to state: (a) whether there is a delay in payment under Mahatma Gandhi… Read More »

Norms for Angel Funds

By | December 17, 2016

Norms for Angel Funds A framework for registration and regulation of angel pools under a sub-category ”Angel Funds” under Category I-Venture Capital Funds have been provided in SEBI (Alternative Investment Funds) Regulations, 2012 (“AIF Regulations”) on 16.09.2013. Subsequently, in the board meeting held on 23.11.2016, SEBI board approved amendments related to Angel Funds which are… Read More »

Single Website to access all State & Center Govt Services near your residence

By | December 17, 2016

Launch of services website (http://services.india.gov.in) One of the factors effecting the e governance index and international ranking of any country is the number of online services provided by the government. Many government entities at the center, state, district and local levels are providing online services that have made the life of the citizens simpler and… Read More »

Pet Shop Rules 2016 Notified by Govt : key Features

By | December 16, 2016

Centre Announces Notification of Prevention of Cruelty to Animals (Pet Shop) Rules, 2016   The Government has issued the notification for the Prevention of Cruelty to Animals (Pet Shop) Rules, 2016 here today.  In an interaction with mediapersons here today, the Minister of State (Independent Charge) in Ministry of Environment, Forest and Climate Change, Shri… Read More »

Rights of Persons with Disabilities Bill 2016 Passed by Parliament

By | December 16, 2016

Rights of Persons with Disabilities Bill – 2016 Passed by Parliament The Lok Sabha today passed ” The Rights of Persons with Disabilities Bill – 2016″. The Bill will replace the existing PwD Act, 1995, which was enacted 21 years back. The Rajya Sabha has already passed the Bill on 14.12.2016. 2.         The salient features… Read More »