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ESIC: One IP- Two Dispensaries & Aadhaar Based Online Claim Submission

May 2, 2017 1746 Views 0 comment Print

Minister of State (I/C) for Labour and Employment, Shri Bandaru Dattatreya launched two schemes One IP- Two Dispensaries and Aadhaar based Online Claim Submission on the occasion of International Labour Day today.

No Enhancement of rate of bonus payable to Casual labourers

May 2, 2017 1233 Views 0 comment Print

I am directed to refer to your letter Reference No. Confdn/Casual Labour/2015-19 dated 29th June, 2016 addressed to Department of Personnel & Training, New Delhi on the subject mentioned above and to inform you on receipt of your request through the Department of Personnel & Training, the case was referred to the Ministry of Finance, Department of Expenditure, New Delhi for taking suitable action, as deemed fit. The matter was duly examined by the Department of Expenditure, Ministry of Finance and has not been agreed to the request.

New procedure for import involving High Sea Sale at JNCH

May 2, 2017 5052 Views 0 comment Print

It has been decided to prescribe following new procedure as regards import involving High Sea Sale transactions: –i. Bill of Entry / Integrated declaration filed by the Customs Broker/Importer should contain correct and complete details of the “High Seas Sale Buyer & Seller” along with High Seas Sale Commission

10% additional needs to be paid for filing appeal before CESTAT: Larger Bench

May 2, 2017 3312 Views 0 comment Print

Decision of the Division Bench of the Tribunal in the case of ASR Multimetals Pvt. Ltd. (supra) is correct and the appellant is required to deposit separately 10% of the amount of the duty confirmed/ penalty imposed, for preferring of appeal before the Tribunal against the order of Commissioner (Appeals).

CBDT notifies Rule 21AD & Forms No. 10B for exercising Option u/s 115BA(4)

May 2, 2017 5094 Views 0 comment Print

21AD. Exercise of option under sub-section (4) of section 115BA. (1) The option to be exercised in accordance with the provisions of sub-section (4) of section 115BA by a person, being a domestic company, for any previous year relevant to the assessment year beginning on or after the 1st day of April, 2017, shall be in Form No. 10-IB.

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

May 2, 2017 17091 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.

Annual Report on Advance Pricing Agreement Programme of India

May 2, 2017 1929 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 2385 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 1908 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.

Rajasthan Real Estate (Regulation and Development) Rules, 2017

May 1, 2017 5337 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.

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