Daily Archives: February 2, 2016

Result of CA Intermediate Examination (IPC) Nov 2015

By | February 2, 2016

February 1, 2016- ICAI PRESS RELEASE The Institute of Chartered Accountants of India (ICAI) today announced the result of Chartered Accountants Intermediate Examination (IPC) held in November, 2015. The top three rank holders on all India basis of Chartered Accountants Intermediate (IPC) Examination held in Nov, 2015 are from Kathmandu and Delhi. Their details along… Read More »

Reportable judgments and non reportable Judgements

By | February 2, 2016

Reportable judgments and Non reportable Judgements  Reportable judgments are allowed by the Court to be published in media . Reported judgment means, reported in the official magazines like SCC or AIR. These reported judgments can be called as Citations and shall be used in the lower court as reference. Non-reportable judgments :- Unreported judgment means, all the… Read More »

Women can also become Karta of HUF : Delhi High Court

By | February 2, 2016

HELD There is no reason why Hindu women should be denied the position of a Karta. If a male member of an HUF, by virtue of his being the first born eldest, can be a Karta, so can a female member. The Court finds no restriction in the law preventing the eldest female co-parcener of… Read More »

Rate of exchange of conversion of the foreign currency with effect from 2nd February, 2016

By | February 2, 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 17 /2016 – Customs (N.T.) Dated the 01st February, 2016 12 Magha, 1937 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs… Read More »

Amendment in CENVAT Credit Rules 2004

By | February 2, 2016

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 01/2016 – Central Excise (N.T)  New Delhi, the 1st February, 2016 G.S.R.(E).-   In exercise of the powers conferred by Section 37 of the Central Excise Act, 1944 (1 of 1944), the… Read More »

Online Training of Insurance Brokers for Renewal of Licence

By | February 2, 2016

Insurance Regulatory and Development Authority of India Ref:IRDA/BRK/MISC/CIR/018/01/2016 Date:01-02-2016 We are pleased to inform you that Insurance Institute of India (III) has developed the Brokers’ Training Module and has communicated their readiness to start online training for renewal of licence for brokers from 1stFebruary, 2016. The prospective candidates may make use of this opportunity for renewal… Read More »

RBI asks Banks to file FDI related Forms Online from February 8

By | February 2, 2016

The Reserve Bank of India has today asked authorised dealers (AD) Category – I banks to mandatorily file, from February 8, 2016, forms Advanced Remittance Form (ARF), Foreign Collaboration General Permission Route(FC-GPR) and Foreign Collaboration Transfer of Shares (FC-TRS) only through online mode on e-Biz portal. Physical filing of these forms will be discontinued from… Read More »

RBI made mandatory online filing of ARF, FCGPR and FCTRS on e-Biz platform

By | February 2, 2016

Source RBI BI/2015-16/303 A.P. (DIR Series) Circular No. 40 February 01, 2016 To All Category – I Authorised Dealer Banks Madam / Sir, Foreign Direct Investment –Reporting under FDI Scheme, Mandatory filing of form ARF, FCGPR and FCTRS on e-Biz platform and discontinuation of physical filing from February 8, 2016 Attention of Authorised Dealers Category-I… Read More »

Vietnam Lifts Ban on Import of Indian Groundnut

By | February 2, 2016

Vietnam Lifts Ban on Import of Indian Groundnut- Major Step Forward in Securing Market Access Vietnam has formally lifted the ban on import of Indian Groundnut, thereby providing market access after nine months. The Vietnam Ministry of Agriculture & Rural Development (MARD) have formally communicated the decision to the Indian Government stating that Plant Protection… Read More »

CBDT Signs Two Bilateral Advance Pricing Agreements With United Kingdom

By | February 2, 2016

CBDT Signs Two Bilateral Advance Pricing Agreements (APAs) With United Kingdom The Central Board of Direct Taxes (CBDT) has entered into two bilateral Advance Pricing Agreements (APAs) with United Kingdom on 29th January, 2016. With this signing, CBDT has concluded three bilateral APAs the first one being a bilateral APA signed with Japan in December,… Read More »

Rs 175 Crore for Enhancing Competitiveness of Indian Capital Goods Sector

By | February 2, 2016

Government to Invest Rs 175 Crore for Enhancing the Competitiveness of Indian Capital Goods Sector Government of India, today approved five projects leading to further enhancement in the competitiveness of the Indian Capital Goods Sector and giving impetus to the Make in India campaign of the Prime Minister. The Government support in form of grant… Read More »

238 Villages Electrified Last Week Under Ddugjy

By | February 2, 2016

238 Villages Electrified Last Week Under Ddugjy 238 villageshave been electrified across the country during last week (from 25th to 31stJanuary 2016) under Deen Dayal Upadhyaya Gram JyotiYojna (DDUGJY). Out of these electrified villages, 2 villages belong to Assam, 3 villages to Bihar, 40 to Jharkhand, 34 to Chhattisgarh, 143 in Odisha, 07 in Rajasthan,… Read More »

Railway launched e-tendering in Works Contracts

By | February 2, 2016

Shri Suresh Prabhu Inaugurated and Launched Works Module of Indian Railways E-Procurement System (IREPS) and Implementation of ‘ e-Tendering in Works Contracts ’ This Portal will enable railways to implement e-governance in Works Contract with facilities like creation and publication of tenders online, enable tenderers to view tenders, submit their requisite amount and bid offers… Read More »

Govt to Launch Rurban Mission from Kerala

By | February 2, 2016

Economic Growth Essential in Rural Regions to Check Migration: Chaudhary Birender Singh Rurban Mission to be Launched on 28th February from Kerala Ensuring availability of amenities to rural populace is on the top priority of the central government as 69% of India’s population resides in villages. A focused approach to make qualitative improvement in rural… Read More »

Basic pension of Group ‘C” and ‘D’ retirees of Major Port Trusts & Dock Labour Board to be increased

By | February 2, 2016

Basic pension of Group ‘C” and ‘D’ retirees of Major Port Trusts & Dock Labour Board to increase by 5.69 %. In a major relief to the Group ‘C’ and ‘D’ retirees of Major Port Trusts & Dock Labour Board, the Ministry of Shipping has approved the increase in the basic pension by 5.69% in… Read More »

Report of Companies Law Committee to make 100 amendments in Act

By | February 2, 2016

Report of the Companies Law Committee The Companies Law Committee was constituted in June 2015 for examining and making recommendations on the issues arising out of implementation of the Companies Act, 2013. The Committee submitted its report to the Government today. The Committee was chaired by Secretary, Ministry of Corporate Affairs and consisted of Shri… Read More »