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Apprentices are ‘regular employees’ for EPF coverage

September 30, 2010 891 Views 0 comment Print

A decision of the EPF Appellate Tribunal, North Delhi, that the term “employee” was defined in the Payment of Bonus Act as regular workers which included apprentices, was upheld by the Madurai Bench of the Madras High Court. Rejecting the contention

Section 297 and 299 of the Companies Act, 1956

September 30, 2010 33733 Views 0 comment Print

The Directors occupy a fiduciary position in relation to a Company. They must act bona fide and in the interest of the Company. This duty of good faith which fiduciary relationship imposes is identical with those imposed on trustees. In this sense, i

Provides Exemption to relief equipment imported by the Lille Fro Foundation and donated to the Ladakh Autonomous Hill Development Council

September 30, 2010 526 Views 0 comment Print

G.S.R.796 (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts all goods falling under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) when imported into India by the Lille Fro Foundation and intended for donation to the Ladakh Autonomous Hill Devel

Amends Anti dumping Notification No. 50/2009-Customs, dated 15th May, 2009 to modify entries at S.No.6., CUSTOMS Notification No 99/2010, 30-09-2010

September 30, 2010 529 Views 0 comment Print

G.S.R.795 (E).- Whereas, in the matter of import of Cathode Ray Colour Television Picture Tubes (hereinafter referred to as the subject goods), falling under sub-heading 8540 11 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) originating in, or exported from Malaysia, Thailand, China PR and Korea RP (hereinafter referred to as the subject countries), the designated authority, in its final findings vide notification No. 14/8/2007-DGAD, dated the 17th February, 2009, published in the Gazette of India, Extraordinary, Part I, Section I, da

Amends Customs Tariff [Determination of Origin of Goods under the Preferential Trade Agreement between ASEAN and the Republic of India Rules, 2009

September 30, 2010 379 Views 0 comment Print

G.S.R. … (E) – In exercise of the powers conferred by sub-section (1) of section 5 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government hereby makes the following rules further to amend the Customs Tariff [Determination of Origin of Goods under the Preferential Trade Agreement between the Governments of Member States of the Association of Southeast Asian Nations (ASEAN) and the Republic of India] R

Amends Notification No. 36/2001-Cus (N.T.), dated, 3rd August 2001, CUSTOMS Notification No 86/2010 (NT), 30-09-2010

September 30, 2010 448 Views 0 comment Print

S. O… (E) – In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Board, being satisfied that it is necessary and expedient so to do, hereby makes the following further amendment in the notification of the Government of India in t

DGFT notification on Prohibition on Export of Edible Oils

September 30, 2010 418 Views 0 comment Print

DGFT Notification No. 07 dated 30th September 2010 the Central Government hereby amends, with immediate effect, Notification No.85 (RE-2007)/2004-2009 dated 17.3.2008 read with Notification No.60 (RE-2008)/2004-09 dated 20th November, 2008, Notification No.33 (RE-2008)/2004-09 dated 19th August, 2008, Notification No.98 (RE-2008)/2004-2009 dated 17.3.2009, Notification No.04/2009-2014 dated 04.09.2009 and Notification No.18/2009-2014 dated 02.12.2009, as amended from time to time.

Amendments in Notification No.58/2009-14 dated 17.8.2010. (Export of Cotton)

September 30, 2010 337 Views 0 comment Print

In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 and 2.1 of the Foreign Trade Policy, 2009-14, and also read with Notification No. 26 (RE 2008)/2004-09 dated 22.7.2008 and Notification No. 44/2009-14 dated 21.05.2010, the Central Government hereby makes the following amendments in Notification No. 58/2009-14 dated 17.08.2010.

Exposure Draft of Schedule XIV to the Companies Act, 1956

September 30, 2010 2961 Views 0 comment Print

Following is the Exposure Draft of the Schedule XIV to the Companies Act, 1956, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. This Exposure Draft is in accordance with the IFRS converged Accounting Standards being formulated by the ICAI. The Board invites comments on any aspect of […]

NC Notification No. 73/2010-Income Tax Dated 29-9-2010

September 29, 2010 538 Views 0 comment Print

NC Notification No. 73/2010-Income Tax Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project “Navasari Cancer Care Foundation oncology wing”, is being carried out by Navasari Cancer Care Foundation, 5th Floor, Aditya Complex, Near Fuwara Telephone Exchange, Navasari-396 445, as an eligible project or scheme for a further period of three financial years commencing with 2010-11, i.e., 2010-11, 2011-12 and 2012-13.

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