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Cabinet approves National Health Policy 2017

March 16, 2017 1017 Views 0 comment Print

Government of India formulated the Draft National Health Policy and placed it in public domain on 30th December, 2014. Thereafter following detailed consultations with the stakeholders and State Governments, based on the suggestions received, the Draft National Health Policy was further fine-tuned. It received the endorsement of the Central Council for Health & Family Welfare, the apex policy making body, in its Twelfth Conference held on 27th February, 2016.

All about Credibility of Electronic Voting Machines

March 16, 2017 7629 Views 1 comment Print

Credibility of Electronic Voting Machines- regarding. 1. The Election Commission has observed that after declaration of result of the recently held General Elections to the State Legislative Assemblies of Goa, Manipur, Punjab, Uttar Pradesh and Uttarakhand, some political parties have raised voice against the credibility of the ECI-EVMs, alleging tampering of EVMs during the said […]

75% listed companies have appointed Women Directors

March 16, 2017 1401 Views 0 comment Print

Ministry of Corporate Affairs has informed that as per second proviso to sub-section (1) of section 149 of the Companies Act, 2013 provide that prescribed class of companies shall have at least one women director.

Salient features of Draft National Policy for Women, 2016

March 16, 2017 6228 Views 0 comment Print

The policy envisions a society in which, women attain their full potential and are able to participate as equal partners in all spheres of life. It also emphasises the role of an effective framework to enable the process of developing policies, programmes and practices which will ensure equal rights and opportunities for women.

TDS cannot be Adjusted against Tax payable under VDIS, 1997

March 16, 2017 2769 Views 0 comment Print

A person seeking to avail the benefit of VDIS Scheme of 1997 Act must strictly satisfy its provisions as held by the Supreme Court in Hemalatha Gargya v/s. CIT 259 ITR 1. The Apex Court held that the person seeking the benefit of the Scheme of 1997 Act is bound to strictly comply with its conditions like any fiscal legislation and equitable considerations can have no place in construing it.

Capital gains on transfer by a foreign company of shares in another foreign company holding assets in India is taxable in India

March 16, 2017 8448 Views 0 comment Print

We have carefully considered the rival contentions. To put the facts very simply in a narrow compass , the assessee company is a tax resident of United Kingdom which was incorporated on 26th of June 2006. On 30/06/2006

Corporate Leverage in EMEs: Has Global Financial Crisis Changed Determinants?

March 16, 2017 717 Views 0 comment Print

Has the global financial crisis changed the pivotal determinants of corporate leverage in EMEs? This paper attempts to address this issue using a panel-GMM framework and quantile-analysis for 10 major EMEs. Analysing 19-year database covering the period 1996-2014

IRDA Revises Guidelines on Point of Sales Person: Non-Life & Health

March 16, 2017 15462 Views 0 comment Print

Reference is drawn to Guidelines on Point of Sales Person – Non-Life and Health dated 26th October, 2015 facilitating insurance companies and insurance intermediaries to appoint point of sales person to solicit and market largely pre-underwritten products.

Reporting and Accounting of Central Govt Transactions of March 2017

March 16, 2017 657 Views 0 comment Print

The Government of India has decided that the date of closure of residual transactions for the month of March 2017 be fixed as April 10, 2017 for the Financial Year 2016-17.

Banks branches accepting taxes to remain open till 8 PM on 31.03.2017

March 16, 2017 855 Views 0 comment Print

All agency banks should keep the counters of their designated branches conducting government business open for government transactions up to 6.00 p.m. on March 30, 2017 and up to 8.00 p.m. on March 31, 2017.

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