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Conversion of a firm into a Limited Liability Partnership – Clarification

April 30, 2013 2744 Views 0 comment Print

The Ministry has been examining some of the issues raised by stakeholders with regard to clarifications on the provisions of the Limited Liability Partnership (LLP) Act, 2008 with regard to conversion of a partnership firm into LLP.

Dearness Allowance payable to CG Employees increased to 80% wef 01.01.2013

April 26, 2013 2037 Views 0 comment Print

Government issued order enhancing the Dearness Allowance payable to Central Government Employees with effect from 1.1.2013 from the existing 72% to 80%.

Sexual Harassment of Women at Workplace Act, 2013

April 23, 2013 4230 Views 1 comment Print

The President of India has given his assent to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Bill, 2013. It has now been published in the Gazette of India, Extraordinary, Part-II, Section-1, dated the 23rd April 2013 as Act No. 14 of 2013. MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, […]

SEBI : Notification regarding establishment of Local Office of Board at Hyderabad

April 22, 2013 298 Views 0 comment Print

In exercise of the powers conferred by sub-section (4) of section 3 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board has established its Local Office at Hyderabad under the administrative control of its Southern Regional Office at Chennai.

Amendment in Import Policy of Fish Body Oil (Refined)

April 22, 2013 993 Views 0 comment Print

The prescribed standard of EPA & DHA content in Fish Body Oil (Refined) has been revised to ‘Not less than 5% by weight’ without any upper limit.

Amendment in Policy Condition 1 to Chapter 40 of ITC(HS), 2012

April 22, 2013 867 Views 0 comment Print

Presently, the bracketed portion at the end of Policy Condition 1 appended to Chapter 40 of ITC (HS) 2012, Schedule 1 (Import Policy) reads as under: [This policy condition applies to EXIM codes 4012 11 00, 4012 12 00, 4012 13 00, 4012 19 10, 4012 19 20, 4012 20 10, and 4012 20 90].

DGFT restricts Import of items containing Ozone Depleting Substances (ODS)

April 22, 2013 1998 Views 0 comment Print

Import of items containing Ozone Depleting Substances (ODS) has been restricted and non-ODS items have been made free. A revised list of countries which are parties to the Montreal Protocol under Appendix IV to Schedule 1 is notified.

To redress grievances DGFT may provide Personal Hearing

April 22, 2013 753 Views 0 comment Print

As a last resort to redress grievances of Importers/Exporters, DGFT may provide an opportunity for Personal Hearing (PH). For such PH, a specific request has to be made to DG if following conditions are satisfied:

Insurance Cos to file prescribed forms on Anti-Money Laundering and Counter-Financing of terrorism matters

April 22, 2013 1896 Views 0 comment Print

Insurance Sector has entered into the seventh year of effective AML/CFT regime. At this juncture, there is a felt need to capture certain information on AML/CFT matters on a regular basis.

Regarding Additional Duties of Excise on Goods of Special Importance, Textiles & Textile Articles

April 20, 2013 1328 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) and sub-section (3) of section 3 of the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978 (40 of 1978), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in each of the notifications of the Government of India in the Ministry of Finance

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