Daily Archives: January 10, 2016

FAQ’s on electronic motor insurance policies

By | January 10, 2016

i) What is an “e‐Insurance policy”? “e-insurance policy” is a digitally signed insurance contract issued in an electronic form by an Insurer either directly to the policyholder or through the platform of registered Insurance repository. ii) Why do we need electronic policies for motor insurance? Many times, the physical copy of the motor insurance policy… Read More »

FAQ on SEBI Listing Regulations

By | January 10, 2016

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 A. Definitions Q1. Regulation 2(1)(b) of LR defines an ‘associate company’ to mean any entity which is an associate under the Companies Act, 2013 or under the applicable accounting standards. Whether both conditions have to be met or either of the two? Answer: The definition of associate… Read More »

Interest on loan taken for House Property not allowed if loan taken after purchase of property

By | January 10, 2016

Summary the property was purchased by the assessee in November, 2005 whereas the loan was taken from ICICI Bank on 31.12.2005. Thus, the loan was taken subsequent to the purchase of the property and cannot be said that the same was utilized for acquiring the property. In such circumstances, the Assessing Officer, the CIT(A) and… Read More »

Govt notified animals which can’t be trained as performing animal

By | January 10, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF ENVIRONMENT FOREST AND CLIMATE CHANGE NOTIFICATION New Delhi, the 7th January, 2016 G.S.R. 13(E).—In exercise of the powers conferred by Section 22 of the Prevention of Cruelty to Animals Act, 1960 (59 of 1960), and in supersession of the notification of the Government of… Read More »

Govt Online initiative to engage LPG consumers and citizens

By | January 10, 2016

Petroleum and Natural Gas Ministry launches an  The Ministry of Petroleum & Natural Gas (MoPNG) has launched an Online Initiative to engage the LPG Consumers and Citizens of India in providing efficient and citizen friendly services in LPG distribution. Following two online discussion forums have been launched and are available on myGov.in and mylpg.in for… Read More »

Test Firing of New Tank Ammunition for Arjun MBT

By | January 10, 2016

Test Firing of New Tank Ammunition for Arjun MBT Defence Research and Development Organisation (DRDO) successfully conducted test firing of new tank ammunition Pene¬¬tration-Cum Blast (PCB) and Thermobaric (TB) Ammunition, specially designed for Arjun Tank at Chandipur, Odisha on 6th Jan 2016. The trials were found to be very effective and the damage was devastating… Read More »

1.4 lakh persons are killed in road accidents every year in India

By | January 10, 2016

Ministry of Road Transport & Highways Organises Road Safety Week from 11th January 2016 The Ministry of Road Transport & Highways has organized the Road Safety Week from 11th January 2016 throughout the country to create awareness among general public to improve the safety on road and to give an opportunity to all stakeholders to… Read More »

35 Rural BPOs Planned for Maharashtra

By | January 10, 2016

35 Rural BPOs with 3500 Seats Planned for Maharashtra. 174 Wi-Fi Hotspots, 4 Lakh Next Generation Network Connections to be Provided in Maharashtra. Mumbai to get 1 Lakh High-Speed Broadband Connections– says Minister for Communications and Information Technology Shri Ravi Shankar Prasad. Union Minister for Communication & Information Technology, Shri Ravi Shankar Prasad today asserted… Read More »