The Government has decided to set up Aayakar Seva Kendra at following 11 locations during the current financial year 2010-11: S.No. State
Financial Inclusion High on The Agenda Government Several Measures to Extend Banking Facilities to Excluded Population Financial Inclusion is an important priority of the Government as only 37% of bank branches of Scheduled Commercial Banks are i
Special Tax Benefits and Facilities in SEZs Special tax benefits/facilites are offered to Special Economic Zones (SEZs) in the country. They include: I. Duty free import/domestic procurement of goods for development, operation and mainten
Mitigation Of Financial Hardship Of Common Man The Reserve Bank of India (RBI) has issued directives to banks on lending under Priority Sector. As per extant guidelines of RBI on Priority Sector Lending (PSL) (available at www.rbi.org.in), the Dom
Direct Taxes Code (DTC) to Cover SEZs Profit Linked Incentives to be Replaced by Investment Linked Deductions The draft Direct Taxes Code (DTC) along with a Discussion Paper was released for public discussion in August 2009. The Discussion Pa
RBI Issues Master Circular on Credit Card Operations W.E.F Ist July, 2010 In order to ensure that Banks/ Non-Banking Financial Companies (NBFCs) run their credit card operations in a fair and regulated manner, Reserve Bank of India (RBI) had issue
Modernization of Corporate Governance The Government has said that it proposes to modernize corporate Governance through simpler, accountability obligated, transparent and democratic company law. Stating this intention of the Government in written
Section 65(105)(z) of the Finance Act, 1994 - Clarification regarding service tax on commission received by Primary Dealers dealing in Government securities Circular No.126/08/2010 - ST F.No.332/13/2010-TRUGovernment of IndiaMinistry of FinanceDepa
Govt Amends Public Shareholding Requirement Rules Public Shareholding for all PSES lowered to 10% Companies can raise public Shareholding level Within Three years without any Annual floor The Department of Economic Affairs, Ministry of Finance has
INDIA INVESTOR WEEK, 2010 The Ministry of Corporate Affairs organized India Investor Week from July 12-17, 2010 in order to bring a national focus on the subject of investor awareness. The Ministry partnered with the professional institutes, tra
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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