Daily Archives: July 20, 2016

Detection and Impounding of Counterfeit Notes : RBI Master Circular

RBI/2016-17/22 DCM (FNVD) G–6/16.01.05/2016-17 July 20, 2016 The Chairman / Managing Director, Commercial Banks, Cooperative Banks, RRBs, Private Banks, Foreign Banks and Director of Treasuries of all States Dear Sir / Madam, Master Circular – Detection and Impounding of Counterfeit Notes Please refer to the Master Circular DCM (FNVD) No.G-4/16.01.05/2015-16 dated July 1, 2015 (updated… Read More »

Rank of India in World Tourism Industry

Rank of India in World Tourism Industry State Wise Number of Foreign Tourists Visiting India   As per the UNWTO Barometer (Volume 14, May 2016), during 2015, India ranks 40th in terms of International Tourists Arrivals. The number of Foreign Tourist Visits (FTVs) to different States/UTs during 2013, 2014 and 2015 is given below. This… Read More »

Anti-Dumping Duty on Steel Products from China

Anti-Dumping Duty on Steel Products from China The Government has imposed anti-dumping duty on imports of various steel products from China PR vide its notifications dated 26.03.2013, 05.06.2015, 11.12.2015 and 17.05.2016.  Details are given below:-   Sl. No. Product Current status 1. Steel Wheels Definitive duty imposed on 26.03.2013 in the range of US $… Read More »

Increase in Lower Berth For Senior Citizen Quota

Increase in Lower Berth For Senior Citizen Quota The combined quota earmarked for Senior Citizens; Female passenger 45 years of age and above and Pregnant women in Sleeper, AC-3 tier and 2A classes has been enhanced by 50% and now this quota is six lower berths per coach in Sleeper class and three lower berths… Read More »

Passenger Convenience measures of Railway

Passenger Convenience With a view to facilitate the passengers, in recent past, Indian Railways have taken various steps, some of which are as under: i. Introduction of the Alternate Train Accommodation Scheme known as ‘VIKALP’ to give option to waitlisted passengers to shift to alternate train having vacant accommodation. ii. Provision of facility to physical… Read More »

Reservation for SC/ST and OBC

Reservation for SC/ST and OBC Article 16(4) of the Constitution enables provision of reservation to Backward Class of citizens, who are not adequately represented in the State. Reservation is provided to Scheduled Castes (SCs), Scheduled Tribes (STs) and Other Backward Classes (OBCs) through executive instructions issued from time to time, which has force of law,… Read More »

Grievance officer for every ministry / department mandatory

Grievance officer As per guidelines issued by Department of Administrative Reforms & Public Grievances, each Ministry/Department/Public Sector Undertaking/Autonomous Organization is required to designate a full time Grievance Officer, known as Director of Public Grievances. The Director of Public Grievances shall be actively involved in the process of dealing with grievances. Every Wednesday of the week… Read More »

Collection of Construction Cess

Collection of Construction Cess The Building and other construction workers’ welfare cess Act, 1996 come into force on the 3rd day of November, 1995. State-wise details of cess collected under the Building and Other Construction Workers Welfare Cess Act, 1996 and amount spent is:-   As on  31.03.2016(Provisional) Sl. No. Name of the States/UTs. Amount… Read More »

Cancellation of FCRA licence of NGOs

Cancellation of FCRA licence of NGOs Government has cancelled the registration under Foreign Contribution Regulation Act, 2010 (FCRA) of NGOs including Teesta Setalvad’s NGO Sabrang Trust for violation of provisions of FCRA, 2010. Details of cancelled FCRA registration of NGOs is as under :- Year No. of FCRA registration cancelled 2012 4138 2013 4 2014… Read More »

START-UP INDIA-Coverage and Eligibility

START-UP INDIA-Coverage and Eligibility             Till date 728 applications have been received in the Startup India portal. Out of them, 180 applications are complete and have been recognized as startups by Department of Industrial Policy and Promotion (DIPP). Only 16 applicants are incorporated after 1.04.2016 and are thus eligible for consideration for tax benefits,… Read More »

Foreign Investment under ‘MAKE IN INDIA’ Programme

Foreign Investment under ‘MAKE IN INDIA’ Programme               The `Make in India’ initiative was launched in September, 2014 with the aims of promoting India as an important investment destination and a global hub for manufacturing, design, and innovation. Thereafter, during the period October, 2014 to May, 2016, the FDI equity inflow has increased by… Read More »

CBDT issued SOP for Direct Tax Dispute Resolution Scheme

F.No.279/Misc./M-74/2016-ITJ Central Board of Direct Taxes New Delhi , the 19th July 2016 INCOME DECLARATION SCHEME, 2016 DIRECT TAX DISPUTE RESOLUTIONSCHEME, 2016 (English)(Paperback) BUY   Related Post Direct Tax Dispute Resolution Scheme 2016 key features Last date for Direct Tax Dispute Resolution Scheme 2016 notified Direct Tax Dispute Resolution Scheme Rules 2016 Notified DIRECT TAX… Read More »

Drone Based Agricultural Technology

Drone Based Agricultural Technology The Indian Council of Agricultural Research (ICAR) through the Indian Agricultural Research Institute (IARI) has formulated a collaborative research project entitled “SENSAGRI: SENsor based Smart AGRIculture” involving six partner Institutes (Agriculture & IT) to be funded by Information Technology Research Academy (ITRA), Department of Electronics and Information Technology (DEITY), Ministry of… Read More »