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News - (Get Professional Updates on Whatsapp, Msg on 8285393786) Category : General

Cabinet clears Motor Vehicle (Amendment) Bill 2016 to improve road safety in India
Posted Date : 03-Aug-2016 , 08:49:11 pm | Posted By CASANSAAR

Union Cabinet today gave its approval to Motor Vehicle (Amendment) Bill 2016 to improve road safety in the country. The bill proposes to increase penalties against traffic violations to as deterrent measure.  It also has stricter provisions for offences like juvenile driving, drunken driving...

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Lok Sabha passes comprehensive bill to check benami transactions
Posted Date : 27-Jul-2016 , 10:37:55 pm | Posted By CASANSAAR

Seeking to check black money, Lok Sabha on Wednesday passed a comprehensive Benami Transactions Amendment Bill, with Finance Minister Arun Jaitley assuring that genuine religious trusts will be kept out of the purview of the legislation. Moving the Benami Transactions (Prohibition) Amendment Bill...

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Lok Sabha passes the Child Labour Amendment Bill
Posted Date : 27-Jul-2016 , 08:49:12 am | Posted By CASANSAAR

The Lok Sabha on Monday passed the Child Labour (Prohibition and Regulation) Amendment Bill, 2016, despite opposition by several MPs. The Bill, passed by the Rajya Sabha on July 19, was put to a clause-by-clause vote following a five-hour-long discussion in which 37 MPs spoke with several, includ...

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Cabinet approves amendment in the Benami Transactions (Prohibition) amendment Bill, 2015
Posted Date : 21-Jul-2016 , 07:38:21 am | Posted By CASANSAAR

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for introducing amendments to the Benami Transactions (Prohibition) (Amendment) Bill, 2015 in Parliament.  The amendments aim to strengthen the Bill in terms of legal and administrative procedure so as ...

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SC to examine if entry tax violates constitutional guarantee freedom of trade
Posted Date : 18-Jul-2016 , 07:40:59 am | Posted By CASANSAAR

A nine judge constitution bench of the Supreme Court bench will hear from Tuesday a batch of petitions by some top corporate houses and business associations challenging the imposition of entry tax by the various state governments, contending that it was violative of the freedom of trade and commerc...

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ED arrests Jignesh Shah in Rs 5,600 crore NSEL scam
Posted Date : 13-Jul-2016 , 08:15:58 am | Posted By CASANSAAR

The Enforcement Directorate (ED) on Tuesday evening arrested Jignesh Shah, the key man behind the Financial Technologies India (FTIL) group that promoted scam-tainted NSEL, for suspected laundering. Shah's arrest in the Rs 5,600-crore NSEL scam came after the investigating agency stumbled upo...

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PM Modi's new-look Cabinet - Full List
Posted Date : 05-Jul-2016 , 10:55:37 pm | Posted By CASANSAAR

PM Modi today inducted 19 news ministers in his Cabinet and carried out a reshuffle of the portfolios of his ministers. Here's the complete list of the new Council of Ministers: Cabinet Ministers 1. Rajnath Singh - Home Affairs 2. Sushma Swaraj - External Affairs 3. Arun Jaitley - Fi...

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SC dismisses plea for ban on Whatsapp and other messaging Apps
Posted Date : 29-Jun-2016 , 09:13:52 pm | Posted By CASANSAAR

The Supreme Court today dismissed a plea seeking ban on WhatsApp and other communication applications on security grounds and claiming that these services violated the law.  The bench headed by Chief Justice T S Thakur and A M Khanwilkar, however, granted liberty to the petitioner ...

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Cabinet approves law allowing shops to open 24x7
Posted Date : 29-Jun-2016 , 09:10:23 pm | Posted By CASANSAAR

A model law that allows shops, malls and cinema halls among other establishments to run 24x7 throughout the year got the Cabinet approval today -- a move aimed at boosting job creation and consumption-led growth. The law also provides for women to be employed on night shifts with adequate securit...

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Category : General | Comments : 0 | Hits : 357

President Says No To Arvind Kejriwal Government's office of Profit Bill
Posted Date : 13-Jun-2016 , 10:14:47 pm | Posted By CASANSAAR

In a setback to the Arvind Kejriwal Government in Delhi, President Pranab Mukherjee has refused to give his nod to the bill on "Office of Profit," raising questions on the fate of 21 Aam Aadmi Party legislators who had been appointed as Parliamentary secretaries last year. Holding an of...

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TRAI launches mobile app for subscribers to register complaints against pesky calls, SMSes
Posted Date : 03-Jun-2016 , 07:38:35 am | Posted By CASANSAAR

The Telecom Regulatory Authority of India (TRAI) has launched a mobile application for telecom subscribers to register their complaints against pesky calls and SMSes to tighten the noose on telemarketers.  Talking to reporters in New Delhi yesterday, TRAI Chairman R S Sharma said, the new mo...

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Rs 43000 crore lies in inoperative EPF accounts: Govt
Posted Date : 10-May-2016 , 09:09:35 am | Posted By CASANSAAR

About Rs 43,000 crore is lying in inoperative Employees' Provident Fund accounts and interest would be credited to such accounts, the government said today.  Minister of State for Labour and Employment Bandaru Dattatreya told Lok Sabha that 118.66 lakh claims were settled by the Employee...

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Professionals, finance companies may get licence to set up Banks
Posted Date : 06-May-2016 , 08:45:33 am | Posted By CASANSAAR

Professionals and finance companies will get a chance to set up banks but many large business houses which have long dreamt of owning such institutions may not be so lucky.  The Reserve Bank has come out with draft rules that propose a minimum capital of Rs 500 crore for granting on-tap lice...

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Merger of National Stock Exchange Limited (NSEL) and Financial Technologies India Limited (FTIL)
Posted Date : 30-Apr-2016 , 07:47:28 am | Posted By CASANSAAR

The Ministry has issued the Final Order on 12.02.2016 for amalgamation of National Spot Exchange Limited (NSEL) with Financial Technologies (India) Ltd. (FTIL) under Section 396 of the Companies Act, 1956.  However, the same has been kept in abeyance pursuant to Orders of the Hon’ble High...

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Category : General | Comments : 1 | Hits : 398

Govt rolls back decision to lower EPF rate; fixes it at 8.8%
Posted Date : 30-Apr-2016 , 07:45:57 am | Posted By CASANSAAR

Bowing to employee protests for the third time in two months, the Indian government on Friday rolled back its decision of lower interest rate on provident fund deposits to 8.7 per cent for 2015-16 and agreed to fix it at 8.8 per cent as decided by retirement fund body EPFO. The roll back comes on...

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Interest rates for NSSF loan to Centre, states cut to 8.8%
Posted Date : 14-Apr-2016 , 01:23:12 pm | Posted By CASANSAAR

The National Small Savings Fund (NSSF) loan rate to the Centre as well as states has been lowered to 8.8 percent from 9.5 percent following a recent cut in small savings interest rates, an official statement said on Wednesday. "In line with the revision of interest rates of small savings s...

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Category : General | Comments : 0 | Hits : 428

Gurgaon is now to be known as Gurugram
Posted Date : 12-Apr-2016 , 10:17:37 pm | Posted By CASANSAAR

Gurgaon, the corporate hub of Haryana on the outskirts of Delhi, will now be known as 'Gurugram'. The decision was taken by the BJP government claiming that people of the area have been making a demand in this regard. An official spokesman said the decision to change the name was taken...

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Petrol hiked by Rs.2.19/litre, diesel by 98 paise
Posted Date : 05-Apr-2016 , 12:42:37 pm | Posted By CASANSAAR

State-run Indian Oil Corp (IOC) hiked transport fuel rates from Tuesday, increasing petrol by Rs.2.19 a litre and diesel by 98 paise -- both at Delhi, with corresponding increase in other states, on the back of a further hardening of global crude oil rates. The current level of international prod...

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Category : General | Comments : 0 | Hits : 220

Inoperative PF accounts to earn interest from April 1
Posted Date : 29-Mar-2016 , 10:10:58 pm | Posted By CASANSAAR

Employees' Provident Fund Organisation (EPFO) has decided to provide interest on inoperative accounts from 1st of next month. The move will benefit over nine crore such account-holders with a total deposits of over Rs 32,000 crore. The decision was taken by the EPFO apex decision making body Cen...

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Parliament passes Real Estate Bill aimed at protecting interests of house buyers
Posted Date : 16-Mar-2016 , 07:34:59 am | Posted By CASANSAAR

Parliament has passed the Real Estate (Regulation and Development) Bill, 2015 with the Lok Sabha approving it today. The bill was passed by the Rajya Sabha last week. The Bill is aimed at protecting the interests of the aspiring house buyers while at the same time enhancing the credibility of real e...

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Haryana based CA firms who could not apply for Empanelment with O/o C&AG may submit their details latest by 15th March, 2016
Posted Date : 10-Mar-2016 , 07:43:44 pm | Posted By CASANSAAR

Pursuant to our request made to O/o C&AG, their good offices has informed that Chartered Accountant firms based in Haryana who could not apply for Empanelment with O/o C&AG due to local rampant disturbances may give the required details regarding the firms/partners in hard copy by last date ...

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Category : General | Comments : 0 | Hits : 292

Rajya Sabha passes Real Estate Regulatory Bill
Posted Date : 10-Mar-2016 , 07:40:42 pm | Posted By CASANSAAR

The Rajya Sabha today passed the Real Estate (Regulation and Development) Bill, 2015, paving way for regulation in the real estate sector.   The law will protect home buyers against erring developers besides bringing in investments as well as transparency in the sector.  ...

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Coaching Centres must shift out from Residential areas - SC
Posted Date : 10-Mar-2016 , 08:30:08 am | Posted By CASANSAAR

The Supreme Court on March 8 directed that that coaching centres in residential areas must shift to commercial premises or institutional areas as they were troubling women and the elderly people. The petitioner All Rajasthan Coaching Institutes Association challenged the eviction orders served ...

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Advocacy crying for reforms, lawyers can't have free ride - SC
Posted Date : 03-Mar-2016 , 08:19:04 am | Posted By CASANSAAR

The legal profession is "crying for reforms" and lawyers cannot be allowed to a have a "free ride as the administration of justice is a key area", the Supreme Court observed today and sought response of the Bar Council of India on a plea against the bar examination which has been...

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Category : General | Comments : 0 | Hits : 640

Petrol price cut by Rs. 3; diesel costlier by Rs. 1.47
Posted Date : 29-Feb-2016 , 09:23:16 pm | Posted By CASANSAAR

Petrol price was on Monday cut by Rs. 3.02 per litre, but diesel rates were hiked by Rs. 1.47 a litre — the second increase this month in line with global trends. Petrol in Delhi will cost Rs. 56.61 per litre from midnight tonight as against Rs. 59.63. A litre of diesel, however, wil...

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Category : General | Comments : 0 | Hits : 233

No surcharge, service charge on card and digital payments: Cabinet
Posted Date : 25-Feb-2016 , 08:01:07 am | Posted By CASANSAAR

With an aim to discourage cash transactions, the Cabinet on Wednesday approved withdrawal of surcharge, service charge and convenience fee on card and digital payments. The Cabinet -- chaired by Prime Minister Narendra Modi -- approved mandating payments beyond a prescribed threshold only throu...

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Interest rate on small post office schemes cut by 0.25%; PF rate hiked to 8.8%
Posted Date : 17-Feb-2016 , 07:57:38 am | Posted By CASANSAAR

The Finance Ministry has cut interest rate on post office savings of 1, 2 and 3 year terms, Kisan Vikas Patra (KVP) as well as 5-year Recurring Deposits, but left long-term instruments such as monthly investment scheme (MIS), PPF, senior citizen and girl child plans untouched. In Chennai, Labou...

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Category : General | Comments : 0 | Hits : 878

Engineer sends Kejriwal Rs 364 to buy a pair of shoes
Posted Date : 05-Feb-2016 , 09:06:45 pm | Posted By CASANSAAR

An engineer-turned-businessman from Visakhapatnam has sent Delhi Chief Minister Arvind Kejriwal Rs 364 to buy a pair of formal shoes. Reason--The businessman Sumit Agrawal says he was "deeply aggrieved" to find Kejriwal wearing sandals during a state banquet hosted by President Pranab M...

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Category : General | Comments : 1 | Hits : 644

List of Padma Awards 2016
Posted Date : 25-Jan-2016 , 08:06:59 pm | Posted By CASANSAAR

Padma Awards - one of the highest civilian Awards of the country, are conferred in three categories, namely, Padma Vibhushan, Padma Bhushan and Padma Shri. The Awards are given in various disciplines/ fields of activities, viz.- art, social work, public affairs, science and engineering, trade and in...

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Category : General | Comments : 0 | Hits : 494

The Negotiable Instruments (Amendment) Bill, 2015 notified
Posted Date : 06-Jan-2016 , 06:34:59 am | Posted By CASANSAAR

The Negotiable Instruments (Amendment) Bill, 2015 notified; Focus on clarifying the jurisdiction related issues for filing cases for offence committed under Section 138 of the Act    The Negotiable Instruments (Amendment) Bill, 2015 was passed by the Parliament in the recently conclude...

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Category : General | Comments : 0 | Hits : 700

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