Cyrus Mistry removed as Tata group chief, Ratan Tata returns
Posted Date : 24-Oct-2016 , 10:56:50 pm | Posted By CASANSAAR
In a dramatic development, Tata Sons, the holding company of the $103-billion (around Rs 6.88 lakh crore) Tata group, said its board has removed Cyrus Pallonji Mistry, 48, as chairman of the conglomerate and named Ratan Tata, chairman of Tata Trusts, the largest shareholder in Tata Sons, as interim ...
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Ajay Kumar Bhalla appointed new DGFT
Posted Date : 13-Oct-2016 , 10:05:57 pm | Posted By CASANSAAR
Senior IAS officer Ajay Kumar Bhalla was today appointed as Director General of Foreign Trade (DGFT).
Bhalla, a 1984 batch IAS officer of Assam-Meghalaya cadre, is presently Additional Secretary in Commerce Ministry.
He has been appointed to the post in place of Anup Wadhawan, who has been app...
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Govt issues more draft norms under bankruptcy code
Posted Date : 11-Oct-2016 , 08:17:03 pm | Posted By CASANSAAR
Government today came out with another set of draft rules, including for liquidation of insolvent corporate persons, under the Insolvency and Bankruptcy Code.
As part of implementing the Code, the government has already constituted the Insolvency and Bankruptcy Board of India (IBBI) while the dra...
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Indirect tax mop up grows 26% to Rs 4.08 lakh crore in Apr-Sept
Posted Date : 10-Oct-2016 , 09:16:09 pm | Posted By CASANSAAR
Indirect tax collections during the first half of the current fiscal grew 25.9 percent to Rs 4.08 lakh crore mainly on account of 46 percent jump in excise duty mop up.
The net indirect tax collection in the April-September period accounts for 52.5 percent of the Budget 2016-17 estimates.
A fi...
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Provisional certificate valid till degree is issued: HC
Posted Date : 05-Oct-2016 , 07:49:55 am | Posted By CASANSAAR
Provisional certificate issued by a varsity continues to be valid till a degree is issued, Delhi High Court has said while pulling up Delhi University (DU) for denying admission to a student under Scheduled Tribe category on the basis of a provisional certificate.
Justice Sanjeev Sachdeva directe...
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Plz help the family of CA died in young age
Posted Date : 04-Oct-2016 , 08:54:49 am | Posted By CASANSAAR
Untimely demise of CA Amit Garg s/o Sh. R.C.Garg (Membership No. 502815) due to cancer based at Faridabad had left his family high and dry (including non working wife and three schooling children).
Any monetary assistance to the bereaved family of deceased would be appreciated.
Bank ...
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Interest rates on small savings schemes cut by 0.1% points
Posted Date : 30-Sep-2016 , 08:13:51 am | Posted By CASANSAAR
Interest rates on small saving schemes would be reduced marginally by 0.1 percentage points for the October-December quarter of financial year (FY) 2016-17, leading to lower returns on Public Provident Fund (PPF), Kisan Vikas Patra (KVP) and Sukanya Samriddhi Account, a...
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Indirect tax up 27% in Apr-Aug; direct tax 15%
Posted Date : 13-Sep-2016 , 09:50:48 am | Posted By CASANSAAR
Government's revenue collection in the first 5 months of current fiscal has shown impressive growth, with indirect taxes up 27.5 per cent and direct taxes, 15.03 per cent.
The total direct and indirect tax collections at the end of August stood at Rs 5.25 lakh crore, about a third of the Rs 1...
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Padma Awards Goes Public, Now Citizens Can Nominate Any Achiever
Posted Date : 10-Sep-2016 , 11:03:23 am | Posted By CASANSAAR
Any Indian can now recommend any achiever for the prestigious Padma Awards, with the government throwing open the nomination process to general public to make it transparent and curb the crony culture of influence and lobbying.
The nominations can be made online but the nominators would be requir...
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No need to carry physical copy of DL / RC, Install DigiLocker app
Posted Date : 07-Sep-2016 , 07:20:44 pm | Posted By CASANSAAR
The government on Wednesday launched a new service through which a user can access their driving licence and registration certificate digitally and need not carry a physical copy all the time.
The service was launched by Union Minister Nitin Gadkari and Ravi Shankar Prasad in New Delhi.
This w...
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SC asks states, UTs to upload FIRs on websites within 24 hours
Posted Date : 07-Sep-2016 , 02:02:25 pm | Posted By CASANSAAR
The Supreme Court on Wednesday directed all states and Union Territories to upload first information reports (FIRs) on their websites within 24 hours of registration at police stations.
A bench comprising Justices Dipak Misra and C Nagappan, however, extended the time up to 72 hours for uploading...
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Trade Union strike today likely to hit banking, transport
Posted Date : 02-Sep-2016 , 08:09:47 am | Posted By CASANSAAR
Essential services such as banking and public transport are likely to be hit on Friday as trade unions go on a nationwide strike to protest the government's alleged "indifference" to their demand for better wages and "anti-worker" changes in labour laws. Railway services will...
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SC upholds HC Rule which mandates that a lawyer outside state cannot appear in Court without a Local lawyer’s appointment
Posted Date : 29-Aug-2016 , 07:38:02 am | Posted By CASANSAAR
The Supreme Court in JAMSHED ANSARI VS. HIGH COURT OF JUDICATURE AT ALLAHABAD & ORS has held that right of Advocates to appear and conduct cases in the court is a matter on which the court must and does have major supervisory and controlling power and it cannot be and are not divested of control...
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Students can access answer sheet under RTI - SC
Posted Date : 19-Aug-2016 , 06:19:03 am | Posted By CASANSAAR
The Supreme Court has asked the Central Board of Secondary Education (CBSE) to “scrupulously” follow its 2011 judgment that it is a student’s “fundamental and legitimate right” to access his answer sheets under the Right to Information Act.
The recent order by a Benc...
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Wrestler Sakshi Malik Wins India's First Medal in Rio Olympic
Posted Date : 18-Aug-2016 , 12:15:00 pm | Posted By CASANSAAR
On Thursday, India will wake up to the news that wrestler Sakshi Malik has defeated Kyrgyzstan's Aisuluu Tynybekova in Women's freesyle 58Kg wrestling, claiming India's first medal at the 2016 Rio Olympic Games.
Malik defeated Tynybekova (8-5) in a nail-biting contest cont...
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Petrol price cut by Rs 1/litre, diesel by Rs 2 a litre
Posted Date : 16-Aug-2016 , 07:30:10 am | Posted By CASANSAAR
Petrol price was on Monday cut by Rs 1 per litre and diesel by Rs 2 per litre, following a drop in international prices.
Petrol will cost Rs 60.09 a litre in Delhi from midnight of August 15, as compared to Rs 61.09 a litre currently. On the other hand, diesel will cost Rs 50.27 per litre, as aga...
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Govt to set up committee to review e-commerce rules
Posted Date : 10-Aug-2016 , 08:36:12 pm | Posted By CASANSAAR
The government has decided to set up a committee to look into all issues including foreign direct investment norms pertaining to the fast growing e-commerce industry in the country. Official sources said, the committee will be headed by the NITI Aayog CEO.
The other members in the panel will incl...
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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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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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