e-Postal Ballot System for Service Voters Decision: The Government has issued Notification on 21st October, 2016 amending rule 23 of the Conduct of Elections Rules, 1961 enabling service voters, including armed forces personnel, to cast their vote in elections through e-postal ballot. Under this system a blank postal ballot paper would be transmitted to them… Read More »
Date for seeking comments from stakeholders and public on the Draft Financial Resolution and Deposit Insurance(FRDI) Bill extended till 31st October, 2016. The Government of India had invited stakeholder/public comments on the Draft Financial Resolution and Deposit Insurance(FRDI) Bill, 2016 from 28.9.2016 to 14.10.2016 A Committee was set up pursuant to the Budget Announcement of… Read More »
Government decides to issue Sovereign Gold Bonds Scheme 2016 -17–Series III; Applications for the bond to be accepted from October 24, 2016 to November 02, 2016 and the Bonds will be issued on November 17, 2016. Government of India, in consultation with the Reserve Bank of India (RBI), has decided to issue Sovereign Gold Bonds… Read More »
Department of Revenue Intelligence (DRI) makes seizure of about Rs 12.91 crore including 21 kg Gold worth Rs. 6.47 crore, and Indian Currency notes worth Rs 6.44 crore The Delhi Zonal Unit (DZU) of the Directorate of Revenue Intelligence (DRI), Ministry of Finance seized 20.64 kilogram gold and Indian currency notes worth Rs 6.44 crore… Read More »
Cabinet approves amendments to the HIV and AIDS (Prevention and Control) Bill, 2014 The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its approval to introduce official amendments to the HIV and AIDS (Prevention and Control) Bill, 2014. The HIV and AIDS Bill, 2014 has been drafted to safeguard the… Read More »
India Post Payments Bank starts recruitment India Post Payments Bank, IPPB has started its recruitment drive with the release of the advertisement for the post of the Chief Executive Officer/ Managing Director, the Chief Technology Officer (CTO), other CXOs who will be heading its Operations, Risk and Compliance, Finance, HR & Administration and Sales and… Read More »
Minister of Railways Modifies Senior Citizens Concession Rules Ministry of Railways has decided to grant concession only to senior citizens of Indian Nationality, permanently residing in India. It has been clarified that Senior Citizen concession shall not be admissible to the senior citizen of foreign nationals & NRIs. The revised rule for concession to Senior… Read More »
Aconsensus reached between the Centre and states on administering 1.1 million service tax assessees in the first GST Council meeting was short- lived as it broke down on Friday. The high- powered body broadly resolved the issue of area- based exemptions and approved rules for registration and refunds under the proposed regime. The other thorny… Read More »
New Coal Distribution Policy amended to increase annual cap of coal through State Nominated Agencies and amend phrase of Small and Medium Sector Improve ease of doing business in the country and make more Coal available for Small, Medium and Other Sectors Union Ministry of Coal has issued an order with respect to the amendment… Read More »
Cabinet approves Productivity Linked Bonus to railway employees The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB) equivalent to 78 days wages to eligible non-gazetted railway employees (excluding RPF/RPSF personnel) for the financial year 2015-16. The approval entails a financial implication of approximately… Read More »