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Archive: May, 2017

Posts in May, 2017

5 Major provisions of Real Estate Act effective from 1st May 2017

May 2, 2017 17115 Views 2 comments Print

Ending the nine year long wait, regulation of real estate sector involving over 76,000 companies across the county becomes a reality from May 1, 2017 with the Real Estate (Regulation & Development) Act,2016 coming into force.

Mr. Anthony Lianzuala takes over as New CGA

May 2, 2017 2673 Views 0 comment Print

Government of India had appointed Mr. Anthony Lianzuala, as new Controller General of Accounts (CGA), Department of Expenditure, Ministry of Finance with effect from May 1, 2017

Annual Report on Advance Pricing Agreement Programme of India

May 2, 2017 1932 Views 0 comment Print

This Annual Report is also unique because it actually condenses the first five years of the programme (1st July, 2012 to 31st March, 2017) into one report. This was necessary to lend proper perspective to the programme and also to cover all the years in one document. It would be the CBDT’s endeavour to come out with regular Annual Reports every year henceforth.

Devise minimum income schemes for those losing jobs due to automation

May 2, 2017 2391 Views 0 comment Print

With the Indian IT and other industries facing some of the daunting challenges from protectionism in the US and Artificial Intelligence (AI), an ASSOCHAM-PwC study has made out a strong case for government –industry schemes which ensure a minimum income to those displaced , along with basic health facilities for the families in stress.

From Labour Pains to Labour Gains

May 1, 2017 1926 Views 0 comment Print

While radical labour reforms and greater digitization of labour payments and contracts will make labour markets in India more efficient, the long-term effects of automation need to be addressed. Greater automation of jobs will provide opportunities for the Indian economy to benefit from productivity growth, but we need to put in place policies that will encourage investments and incentivise innovation.

Man Seeks exchange of Seized old notes after discharge from case

May 1, 2017 3489 Views 0 comment Print

Abhishek Shukla, who was discharged by the trial court in 2013 IPL spot-fixing case in July 2015, has moved the Supreme Court seeking a direction to the Reserve Bank of India (RBI) to accept demonetised Rs. 500 and Rs. 1,000 currency notes with a face value of Rs. 5 lakh, which was seized by the special cell of Delhi Police during probe of the case.

Rajasthan Real Estate (Regulation and Development) Rules, 2017

May 1, 2017 5406 Views 0 comment Print

In exercise of the powers conferred by section 84 of the Real Estate (Regulation and Development) Act, 2016 (Central Act No.16 of 2016), the State Government, hereby makes the Rajasthan Real Estate (Regulation and Development) Rules, 2017.

EPFO: Revised delegation of financial powers for claim settlement

May 1, 2017 4647 Views 0 comment Print

Since the settlement of claim is done from two different schemes/accounts (A/c-1 for F-19 and A/c-10 for F-10C), for accounting & reporting purpose, two separate receipt numbers are required and may be entered on the single composite claim form. The member would be required to submit a single Composite Claim Form.

Extension of last date for submission of CPT exam application form

May 1, 2017 1452 Views 0 comment Print

It has been decided to extend the last date for submission of examination application forms in respect of CPT to be held in the month of June 2017, as a special case, to 6th May, 2017.

Azaan, is Integral Part of Islam but Not the Loudspeakers: HC

May 1, 2017 2574 Views 0 comment Print

High Court held that that ‘Azaan’ is no doubt an essential part of the Muslim religion but the use of microphones is certainly not an integral part of ‘Azaan’

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