Demonetisation may wipe out the stock of black money held in cash but can do little about the ill-gotten wealth converted to assets like gold and real estate and the scrapping of high value notes does not prevent the future generation of unaccounted money, said an ASSOCHAM study on Currency Demonetisation.
The Competition Commission of India (CCI) has imposed penalties on three firms for bid rigging of tenders floated by Indian Railways for procurement of Brushless DC fans in the year 2013.
CCI’ has imposed penalties on 7 cement companies for bid rigging of a tender floated by the Director, Supplies & Disposals, Haryana, in the year 2012, for procurement of cement to be supplied to Government Departments/ Boards/ Corporations in the State of Haryana.
Analysis of CAP-II reports shows various serious discrepancies regarding the of assessees, filing of e-returns and paper returns and total no. of returns filed which was also indicated in the earlier letter of Pr. DGIT(Logistics).
A permanent mechanism for “Standing Intra-Government Technical Collaboration Panel” (SITCOP) has been formed to converge Government’s internal capabilities to create better and futuristic rolling stock for Indian Railways with minimal foreign dependence in critical areas. The SITCOP meets twice a year to review progress on collaborative projects assigned to inter-area action teams assigned by the body.
Where the recommendation of DPC has been kept in sealed cover solely on account of pendency of criminal case, the sealed cover may be opened in case of acquittal of Government servant provided it has not been stayed by a superior court.
Pharma Data Bank, an integrated pharmaceutical database management system was launched on June 25, 2015, to facilitate online filling of mandatory returns as prescribed in Drugs (Prices Control) Order, 2013. The database also provides a facility for submitting Form-I application for price approval of ‘new drug’ under DPCO, 2013.
It is clarified that Co-operative Banks are not authorised banks to accept deposits under PMGKDS, 2016. Application for the deposit in the form of Bonds Ledger Account shall be received by any banking company, other than Co-operative Banks, to which the Banking Regulation Act, 1949 (10 of 1949) applies.
Life is impossible without communication through speech, writing or gestures. The progress and development of the society are the results of such communication only. And most of the communication is made through constructive talks only.
Consultation Paper on Amendment to SC(R)(SECC) Regulations, 2012 to enable Commodity Derivatives Exchanges to Deal in Instruments relating to Commodity Derivatives including Options
