Daily Archive: Friday, May 6, 2016

Revised Sitting hours of CLB Bench-Amendment to Regulations No. 9. Revised timings are 10:30 am to 1:00 pm and 2:00 pm to 4:30 pm wef 02/05/2016

Author: | Categories: Company Law Board No comments
Revised Sitting hours of CLB Bench-Amendment to CLB Regulations No. 9 As per Regulation 9, the Sitting hours of the Benches are ordinarily from 10.30 a.m. to 1.30 p.m and from 2.30 p.m to 4.30 p.m. on all working days except Saturday, Sunday and other public Holidays. However CLB by the

 

Amendments in Finance Bill 2016 as passed by Lok Sabha. Clause wise summary and analysis

Author: | Categories: Income Tax No comments
Amendments in Finance Bill 2016 as passed by Lok Sabha. Clause wise summary and analysis Clause 3 Clause (29A) of section 2 of the Income-tax Act defines “long-term capital asset” to mean a capital asset which is not a short-term capital asset. Clause (42A) of section 2 of the

 

The contents of Reports alleging sexual harassment can hardly relate to affairs of State or anything concerning national security-Supreme Court

Author: | Categories: Supreme Court No comments
The contents of Reports alleging sexual harassment can hardly relate to affairs of State or anything concerning national security-Supreme Court. The Government officials seems to have double standards when it comes to maintain transparency in their conduct in dealing with sexual harassment at work place. The recent judgment of

 

Taxing Pakistani/other Foreign Artists Performing in India, working in Indian films other stage shows

Author: | Categories: Income Tax No comments
Taxing Pakistani, other Foreign Artists Performing in India Ministry of Finance – Press Release dated 06-05-2015 Pakistani and other foreign artists who come to India for working in Indian films and other stage shows charging fees are subjected to income tax as per Indian rules. These artists are subjected

 

Total Gold Quantity available with Government. RBI holds 557.75 MT gold worth Rs. 1334.3 billion as part of foreign exchange reserves as on 22-04-2016

Author: | Categories: RBI No comments
Total Gold Quantity available with Government Ministry of Finance – Press Release dated 06-05-2016 Reserve Bank of India holds 557.75 metric tons of gold having value of Rs. 1334.3 billion as part of its foreign exchange reserves as on April 22, 2016.  It is estimated that there are stocks

 

RBI Norms for Protecting Customers. Charter of Customer Rights for broad, principles and five’ basic rights for bank customers

Author: | Categories: RBI No comments
RBI Norms for Protecting Customers Finance Ministry Press Release dated 06-05-2016 Reserve Bank of India (RBI) has released a Charter of Customer Rights, which enshrines broad, overarching principles for protection of bank customers and enunciates the ‘five’ basic rights for bank customers, that is, (i) Right to Fair Treatment,

 

Gold Monetization Scheme Deposits by Temple/Religious Bodies State-wise. Eight temples have deposited gold under GMS 2015 so far

Author: | Categories: Gold Monetisation Scheme No comments
Gold Monetization Scheme Deposits by Temple/Religious Bodies State-wise Ministry of Finance Press Release dated 06-05-2016 Eight (08) temples have deposited gold under Gold Monetization Scheme, 2015 so far and the State-wise details are as under:  Name of the State Number of temples deposited gold under GMS Tamil Nadu 04