NOTIFICATION NO. S.O. 2686(E), DATED 29-10-2010 – In exercise of the powers conferred by sub-section (1) of section 11 of the Special Economic Zones Act, 2005, the Central Government hereby rescinds all previous notifications appointing Director, Software Technology Parks of India-Bangalore as Development Commissioner of Information Technology and Information Technology Enabled Services Special Economic Zones, in the State of Karnataka.
Section 40A of the Insurance Act, 1938 (‘the Act’) lays down the permissible limits for payment of commission or remuneration, in any form, in respect to any policy of life insurance issued in India by an insurer and effected through an insurance agent, in various lines/segments of life insurance business. The proviso to the said section permits life insurers, in the first ten years of business, to pay forty per cent of the first year’s premium payable on the policy, towards commission.
The Prime Minister, Dr. Manmohan Singh addressed Hindustan Times Leadership Summit – 2010 in New Delhi today. Following is the text of the PM’s speech on the occasion: “It is often said that these are testing times. In fact, I cannot help feeling th
