Corporate Law notification

Requirements for credit of first pension to his/ her account by bank

CPAO/IT&Tech/ Simplification/2016-17/11Vol-VI/18 (24/04/2017)

It is observed that banks are still insisting upon the pensioners for completion of formalities like submission of life certificate, letter of Undertaking and certificate of non-employment to credit their first payment and other dues to their pension account resulting into inconvenience to the pensioners defeating the very purpose of simp...

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EPF: Medical certificate not required for advance for illness and to physically handicapped members

Notification No. G.S.R.404(E) (25/04/2017)

A member would only be required to submit a self-declaration, which has already been included in the Composite Claim Form, to avail advance from the provident fund for illness in certain A member would no longer be required to submit any medical certificate or any other certificate or document or any proforma whatsoever to avail advance u...

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Govt mandates Aadhaar for UGC AICTE Fellowship

S.O.1304(E) (26/04/2017)

Govt mandates Aadhaar for (i) Emeritus Fellowship; (ii) Dr. D.S. Kothari Post Doctoral Fellowship in Sciences;(iii) Post Doctoral Fellowship for Women; (iv) Dr. S. Radhakrishnan Post Doctoral Fellowship in Humanities and Social Sciences (Including Languages);...

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EPFO Introduces real time system in EPFO Default management

No.: CAIU/011(52)16/Principal employer Portal & CAW/722 (25/04/2017)

EPFO has introduced the ECR 2.0 for online collection of remittances through multi-banking. After introduction of the Unified Portal system for remittance of contributions, real time monitoring of the remittance position of the establishments has become a reality....

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Prescribe generic drugs or face disciplinary action: MCI to Doctors

Circular No. MCI-211(2)(Gen.)/2017-Ethics/104728 (21/04/2017)

Every physician should prescribe drugs with generic names legibly and preferably in capital letters and he/she shall ensure that there is a rational prescription and use of drugs....

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Govt notifies securities in which Trust Money can be invested

S.O. 1267(E) (21/04/2017)

Central Government hereby specifies the following securities for the purposes of the section 20 of the Indian Trusts Act, 1882 (a) Government securities; (b) securities, the principal whereof and the interest whereon is fully and unconditionally guaranteed by the Central Government or any State Government;...

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PF members allowed to withdraw for housing needs

No. WSU/39(1)2017/Housing Scheme (21/04/2017)

Give wide publicity to the above notification amongst employers and members of Provident Fund through media, e-mails, seminars, workshops etc. Awareness about the new provision should be created, especially through employers' associations and workers' unions so that eligible and willing members can avail withdrawal and loan repayment faci...

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Guidelines on Charging of Service Charges by Hotels / Restaurants

No. J- 24/9/2014-CPU(pt.) (21/04/2017)

A component of service is inherent in provision of food and beverages ordered by a customer. Pricing of the product therefore is expected to cover both the goods and service components....

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Human Immunodeficiency Virus and Aids (Prevention and Control) Act, 2017

NO. 16 OF 2017 (20/04/2017)

Human Immunodeficiency Virus And Aids (Prevention And Control) Act, 2017 of Parliament received assent of the President on the 20th April, 2017, and is hereby published for general information...

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India Shows Red To ‘Lal Red light’ Culture: Ban on use from 01.05.2017

Notification No. G.S.R. 397(E) (20/04/2017)

In a welcome move, the Central Government seems to be all set to abolish ‘Lal Batti’ culture. The government on Wednesday notified draft rules for abolishing red beacons....

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