Review of Foreign Direct Investment (FDI) caps and routes in various sectors. Cabinet Decision The Union Cabinet today approved the proposal for review of Foreign Direct Investment (FDI) caps and routes in various sectors. The Government has decided to amend the provisions relating to the FDI caps and routes in various sectors as under:
Review of the policy on Foreign Direct Investment (FDI) in Multi-Branded Retail Trading Cabinet Decision The Union Cabinet today approved the proposal for amendment in the existing FDI policy in Multi-Brand Retail Trading (MBRT) in para 6.2.16.5(1) (iii), (iv) and (vi) of ‘Circular 1 of 2013 – Consolidated FDI Policy. a) Amendment in para 6.2.16.5(1) […]
The Board has noted import data in National Import Data Base which shows that products like Cockroach Traps and Mosquito Repellent, are classified under various Customs tariff headings 3506, 3822, 3808, 3926, 4823, etc. Accordingly, this issue of classification was taken up for discussion and decision in the Vishakhapatnam Conference of Chief Commissioners of Customs and Directors General on Customs Tariff and Allied Matters, held on 05-06 June 2013 .
Representatives of trade have claimed classification of multifunction speaker system (combination of one or more of the following: Universal Serial Bus (USB) port, USB playback, Frequency Modulation (FM) radio as loudspeakers under heading 8518 based on premise that the principal function is that of a speaker system which involves conversion of digital signal to analogue, amplification, and relay to the listener.
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue)
The Reserve Bank of India has, over a period of time, issued a number of instructions to banks regarding enhancement of customer service as well as handling of customer complaints at ATMs. Despite this, certain operational issues continue to persist giving rise to customer complaints / suggestions on the matter.
In continuation of the earlier order No. F.7/T&T/PB/SCTT(PR/Coordn.)/ dated 24th July, 2013 issued in the said connection, the Government of NCT of Delhi has been pleased to add the names of following Trade Bodies / Associations to make the Delhi Trade Board more representative:
F.No. 225/117/2013/IT/Ulf Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, ITA.II Division New Delhi, the 31St of July, 2013 Order under Section 119 of the Income-tax Act. 1961 The Central Board of Direct Taxes, in exercise of powers conferred under section 119 of the Income-tax Act, 1961, hereby […]
Presently the rate of Interest Subvention for credit obtained by exporters is 2%. There has been persistent demand to both increase the rate of subvention and also to widen the coverage. At present, all exporters who are micro and small enterprises, irrespective of the export sector, are beneficiaries of this scheme. In addition, the exporters […]
A copy of the irrevocable GPA executed in terms of paragraph 15 of the agreement has been furnished by the applicant. It authorizes the developer : (i) to enter upon and survey the land, prepare the layout plan, apply for renewal/extension of licence, submit the building plans for sanction of the appropriate authority and to carry out the work of development of a multi-storied residential complex,
