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A Government Dedicated To The Poor

March 27, 2017 843 Views 1 comment Print

In the past three years, the Modi government has undertaken a series of sweeping economic reforms. In fact, if the 1991 liberalization efforts are characterized as Reforms 1.0, and if the economic changes unleashed by the Vajpayee government from 1998 to 2004

SC on depreciation on leased immovable property in absence of registered deed

March 27, 2017 1920 Views 0 comment Print

It is only when the assessee holds a lease right or other right of occupancy and any capital expenditure is incurred by the assesee on the construction of any structure or doing of any work in or in relation to and by way of renovation or extension of or improvement to the building and the expenditure on construction is incurred by the assessee, that assessee would be entitled to depreciation to the extent of any such expenditure incurred.

Upgrading India’s Health Infastructure to ensure Health for All

March 27, 2017 693 Views 0 comment Print

Health is a basic human need. Healthy people are more productive, enabling them to earn and save more, therefore contributing to the nation’s prosperity. Thereby to shape a holistically productive and developed nation, the health of all its citizens especially those in need of it the most

Reg. notification specifying Increase in thresholds of De Minimis Exemption

March 27, 2017 1047 Views 0 comment Print

S.O. 989(E).—In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government, in public interest, hereby rescinds the notification of the Government of India in the Ministry of Corporate Affairs, S.O. 674(E), dated the 4th March, 2016

Towards ENSURING quality Education

March 27, 2017 738 Views 0 comment Print

The department of School Education & Literacy is taking several steps to make school education job-oriented and qualitative. The Department is implementing a component of Vocationalisation of Secondary & Higher Secondary Education under Centrally sponsored scheme of Rashtriya Madhyamik Shiksha Abhiyan (RMSA)

Notification on Exemption under section 5 of Competition Act, 2012

March 27, 2017 2700 Views 0 comment Print

Where a portion of an enterprise or division or business is being acquired, taken control of, merged or amalgamated with another enterprise, the value of assets of the said portion or division or business and or attributable to it, shall be the relevant assets and turnover to be taken into account for the purpose of calculating the thresholds under section 5 of the Act

MGNREGA – Lifeline to millions

March 27, 2017 807 Views 0 comment Print

Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has come a long way since its inception and has become a lifeline to millions. The Act was notified on 7th September, 2005 to provide minimum of 100 days of guaranteed wage employment in a financial year to every rural household whose adult members volunteer to do unskilled manual work.

Arbitral tribunal has no power to appoint Court Receiver, High Court

March 27, 2017 7911 Views 0 comment Print

The above Court Receivers Report dated 28th December, 2016 (Report) is filed by the Court Receiver, High Court, Bombay, seeking directions on Whether the Registry should accept the matters wherein the Arbitral Tribunal appoints the Court Receiver, High Court, Bombay, as a Receiver for execution of orders passed by it etc.

Formation of 7 new districts in Manipur: Lead Bank Responsibility Assignment

March 27, 2017 666 Views 0 comment Print

The Government of Manipur vide Gazette Notification dated December 14, 2016 has issued a corrigendum rectifying the Sub Divisions of districts Senapati and Kangpokpi as detailed below:-

Hike in Tuition Fee For Installing air conditioning system is illegal

March 27, 2017 1131 Views 0 comment Print

Director of Education has held that 15% additional increase in tuition fee for the session 2015-2016 by the Schools for air conditioning system is illegal and liable to be refunded / adjusted.

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