In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government supercedes Notification No. 13(RE-2010)/2009-14 dated 22.12.2010 read with Notification No. 19(RE-2010)/2009-14 dated 10.02.2011, and issues the following notification relating to export of onions. These will be with immediate effect.
A new entry at Sl. No. 33 B in Chapter 4 relating to “Dairy produce; bird’s eggs; natural honey; edible products of animal origin, not elsewhere specified or included”
With the Reliance funding into Swan telecom under scanner, the CBI will soon approach the Company Law Board to look into the association between Reliance Group and the controversial Telecom Company in the 2G spectrum scam. The Swan Telecom is alleged
India Inc is not on board with the government on several key issues pertaining to independent directors, managerial remuneration and rotation of auditors, as proposed in the Companies Bill, a senior official said on Thursday.
Sebi has proposed a new reporting system for mutual funds based on XBRL technology — a globally accepted standardised business reporting tool that enables easy dissection of bulk documents without delay.
The government on Thursday said it will soon notify the format that companies will have to follow while preparing their account books as per the international accounting norm IFRS from next fiscal. In an official statement, the Corporate Affairs Mini
“Ill gotten gains” are not the ill-ones if caused due to the interpretations of law. To survive in the cut-throat competition, the EOUs were allowed to clear the goods in Domestic Tariff Area. Being allowed the benefits like duty free import of input
Punjab and Haryana High Court in a recent case namely Tata Sky Limited v State of Punjab and another has held that levy of entertainment duty on providing entertainment by broadcasting signals on TV sets is intravires of the powers of the State Legislature. The Petitions of TATA Sky Limited challenging the levy of entertainment duty under Punjab Entertainment Duty Act 1955, has been dismissed.
In view of the above, it has been decided that banks should not, henceforth invest in ZCBs unless the issuer builds up a sinking fund for all accrued interest and keeps it invested in liquid investments/securities (Government bonds). The other instructions contained in paragraph 2 (iii)(c) of circular dated January 30, 2009 remain unchanged.
