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Archive: 2011

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Company Law – Authorized Serious Fraud Investigation Officers

August 11, 2011 976 Views 0 comment Print

NOTIFICATION NO. G.S.R. 617(E) Section 621 of The Companies Act, 1956 – Offences – Offences Against Act To Be Cognizable Only On Complaint By Registrar, Shareholder Or Government – Authorized Serious Fraud Investigation Officers

Parliament permits government to mint coins of Rs 1,000 denomination

August 11, 2011 811 Views 0 comment Print

Parliament on Thursday permitted the government to mint coins of Rs 1,000 denomination even as nostalgia over withdrawal of 25 paise coins (chawani) was witnessed among Rajya Sabha members. The Coinage Bill, 2009 passed by the Upper House, limits payment by an individual through coins up to Rs 1,000, Finance Minister Pranab Mukherjee said, replying to a debate on it.

Simplification of Passport issuance system

August 11, 2011 1430 Views 0 comment Print

The Passport Seva Project (PSP), a flagship e-Governance initiative has been undertaken by the Ministry of External Affairs to comprehensively reform the passport issuance system. The PSP aims at delivering all passport related services to the citizens in a timely, transparent, more accessible and reliable manner.

SFIO investigates 33 cases in last 3 years and Competition Appellate Tribuanl (CAT) receives 36 appeals against decisions of CCI

August 11, 2011 570 Views 0 comment Print

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha that 33 cases have been investigated by SFIO during the last 3 years i.e. 2008-09, 2009-10, 2010-11 and 2011-12 (till date 05.08.2011). The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha since its inception on 20th May, 2009, the Competition Appellate Tribunal (CAT) has received 36 appeals against decisions of the Competition Commission of India. CAT functions out of New Delhi and has no benches outside.

Govt to Disinvest 10% paid up equity of National Buildings Construction Corporation Limited

August 11, 2011 606 Views 0 comment Print

The Union Cabinet today gave its approval for divestment of 10% of total paid up equity of National Buildings Construction Corporation Ltd. (NBCC) out of its holding through Initial Public Offering (IPO) in the domestic market. The Government of India holds 100% of the equity in the Company. This will lead to NBCC listing its shares in the Stock Exchanges. A portion of the shares to be offered for sale through IPO shall be reserved for the employees of the Company.

Notification No. 87/2011 – Income Tax Dated 11/8/2011

August 11, 2011 570 Views 0 comment Print

NC Notification No. 87/2011 – Income Tax Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.844(E), dated the 17th October 1995 issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 4 for Venu Eye Institute and Research Centre at Sheikh Sarai

Notification No.86/2011 – Income Tax Dated 11-8-2011

August 11, 2011 564 Views 0 comment Print

NC Notification No.86/2011 – Income Tax Section 35AC, Read With Explanation (B) Thereto, Of the Income-Tax Act, 1961 – Eligible Projects Or Schemes, Expenditure On – Notified Eligible Projects Or Schemes – Iskcon Food Relief Foundation, Mumbai. Notification No.86/2011[F.No.V-27015/3/2011-So(Nat.Com]/S.O.1865(E), Dated 11-8-2011

Notification No.85/2011 – Income Tax Dated 11-8-2011

August 11, 2011 507 Views 0 comment Print

Notification No.85/2011 – Income Tax Section 35AC, Read With Explanation (B) Thereto, Of The Income-Tax Act, 1961 – Eligible Projects Or Schemes, Expenditure On – Notified Eligible Projects Or Schemes – V.R. Deshpande Memorial Trust, Tamilnadu.

Notification No. 84/2011 – Income Tax Dated-11-8-2011

August 11, 2011 871 Views 0 comment Print

Notification No. 84/2011 – Income Tax Section 35AC, Read With Explanation (B) Thereto, Of The Income-Tax Act, 1961 – Eligible Projects Or Schemes, Expenditure On – Notified Eligible Projects Or Schemes – Kalgidhar Society, Himachal Pradesh.

Notification No.83/2011 – Income Tax Dated 11-8-2011

August 11, 2011 540 Views 0 comment Print

Notification No.83/2011 – Income Tax Section 35ac, Read With Explanation (B) Thereto, Of The Income-Tax Act, 1961 – Eligible Projects Or Schemes, Expenditure On – Notified Eligible Projects Or Schemes – Vidyarambam Trust, Chennai Notification No.83/2011[F.No.V-27015/3/2011-So(Nat.Com]/S.O.1862(E), Dated 11-8-2011

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