E-Tickets through Mobile Phone -Indian Railways Catering and Tourism Corporation (IRCTC), a public sector undertaking under the Ministry of Railways, has launched the scheme for booking Railway e-tickets through mobile phone through its website i.e. irctc.co.in/mobile. The broad features of the schemes are as follow:-
The Government is in the process of consulting various stake holders and is yet to take a final decision on the proposal for amending the Minimum Wages Act, 1948 and fixing a statutory National Floor Level Minimum Wage.
Motor Vehicle Tax (MVT) is being levied in all States and Union Territories (UT) except in the UT of Lakshadweep. There are different bases for computation and different rates, leading to differing incidence of taxes for different categories of vehicles in different States/UTs. Existing tax structures show wide variations among States/UTs due to:
The Union Cabinet today gave its approval to release an additional instalment of Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners w.e.f. 1.1.2012 representing an increase of 7% over the existing rate of 58% of the Basic Pay/Pension, to compensate for price rise. The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission. The combined impact on the exchequer on account of both dearness allowance and dearness relief would be of the order of Rs.7474.53 crore per annum and Rs.8720.32 crore in the financial year 2012-13 (i.e. for a period of 14 months from January, 2012 to February, 2013).
It is learnt from reliable sources that as a result of number of representation and hard efforts by ‘ICAI’ before various concerned authorities, Reserve Bank of India has agreed to decrease the proposed limit of 20 crores of advances to 6 crores for compulsory statutory bank branch audit, however branches having advances below 6 crores will be audited once in three years.
The Income Tax Department, Applications are invited from meritorious sports persons satisfying the requirements as mentioned in Annexure-1 for appointment to the posts of Tax Assistants, Notice Servers & Multi Tasking Staff.
The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that The term ‘Vanishing Companies’ is applied both to the Companies which cease to file their statements of return or where, after raising capital, the whereabouts of their Registered Office or their Directors are not known. A Central Coordination and Monitoring Committee was constituted in 1999 to identify such companies and recommend further action against them.
Replying to a written question the Minister said in addition to penal action, the companies, their directors/company secretaries who have defaulted in filing their Balance Sheets and Annual Returns for 2006-07 to 2009-10 are debarred to file any document except certain event based information till they make the default good. Such defaulting companies are identified on line through MCA-21 e-governance portal.
Last date of submitting the examination forms ( without late fee ) for June 2012 session is Monday, the 26th March 2012 ( 24th March & 25th March 2012 being Saturday & Sunday respectively ). 2. Last date of submitting the admission form for Foundation Program ( to be eligible to appear in Dec 2012 exam of institute ) is Monday, the 2nd April 2012 ( 31st March & 1st April 2012 being Saturday & Sunday respectively ).
State Bank of India has decided to allow its old home loan borrowers, paying high interests, to move to the new lower rates, which were offered to other borrowers later, by paying 1% of the outstanding amount as conversion fee.
