Archive for June, 2013

Branch Laboratory of CSIR-IIIM at Srinagar Re-Dedicated to the Nation

Comments Off | 06-29-2013

Union Science & Technology and Earth Sciences Minister Shri S.Jaipal Reddy today rededicated the branch Laboratory of CSIR-Indian Institute of Integrative Medicine (CSIR-IIIM) today at Srinagar. Mr. Omar Abdullah, Chief Minister of Jammu and Kashmir, Mr. Feroz Ahmad Khan, Minister of Science & Technology, Govt. of J&K and Senior Officers from the Council of Scientific

Tags: , , , , , , , , , , ,
Posted in General | Read More

Clarification issued with Regard to Circulars on Application of Profit Split Method and on Conditions Relevant to Identify Development Centres Engaged in Contract R&D Services with Insignificant Risk; Circulars Were issued Earlier based on First Report of N Rangachary Committee on Taxation of Development Centres and IT Sector

Comments Off | 06-29-2013

Chapter X of the Income-tax Act, 1961 contains special provisions relating to avoidance of tax. Terms such as ‘associated enterprise’, ‘international transaction’, ‘intangible property’, and ‘specified domestic transaction’ are defined in different sections of the Chapter.
Section 92C provides that the arm’s length price in relation to an international transaction or specified domestic transaction shall be

Tags: , , , , , , , , , , ,
Posted in General | Read More

Change in Tariff Value of RBD Palmolein, Poppy Seeds, Areca Nuts, Gold and Silver Notified

Comments Off | 06-29-2013

In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs (CBEC), being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of

Tags: , , , , , , , , , , ,
Posted in General | Read More

Calendar for Auction of Government of India Treasury Bills for the Quarter Ending September 2013 Notified

Comments Off | 06-29-2013

On a review of the cash position of the Government of India, the Government of India in consultation with the Reserve Bank of India (RBI) has decided to notify amounts for the issuance of Treasury Bills for the quarter ending September 2013 as under:

Proposed Auctions of T-Bills during July-September,

Tags: , , , , , , , , , , ,
Posted in General | Read More

Disinvestment of 7.64 percent paid up equity capital of National Fertilizers Limited

Comments Off | 06-28-2013

The Cabinet Committee on Economic Affairs (CCEA) today approved the disinvestment of 7.64 percent paid up equity capital of the National Fertilizers Limited (NFL) that is approximately 3.74 crore shares, each of Face Value of Rs. 10/-. The disinvestment will be out of Government of India‘s (GOI`s) shareholding of 97.64

Tags: , , , , , , , , , , ,
Posted in General | Read More

MSP for kharif crops for 2013-14 season

Comments Off | 06-28-2013

The Cabinet Committee on Economic Affairs today approved the Minimum Support Prices (MSPs) for kharif crops of 2013-14 season. The MSP of Paddy (Common) has been fixed at Rs. 1,310 per quintal and of Paddy (Grade A) at Rs. 1,345 per quintal. This is an increase of Rs. 60 per quintal and Rs. 65 per

Tags: , , , , , , , , , , ,
Posted in Agriculture sector, General | Read More

Approval for continuation of the National Mission on Food Processing

Comments Off | 06-28-2013

The Cabinet Committee on Economic Affairs today approved the continuation of the National Mission on Food Processing (NMFP) for the remainder of 12th Five Year Plan (2013-17) based on detailed proposals submitted by the Ministry of Food Processing Industries (MOFPI).
The NMFP outlay for 2012-17 has been kept at Rs. 1,600 crore consisting of Rs. 1,250

Tags: , , , , , , , , , , ,
Posted in General, food processing india | Read More

Constitution of independent regulatory authority for coal sector and approval for introducing the Coal Regulatory Authority Bill, 2013 in Parliament

Comments Off | 06-28-2013

The Union Cabinet today gave its approval to the proposal for setting up of an independent regulatory authority for the coal sector and also approved the introduction of the Coal Regulatory Authority Bill, 2013 in Parliament.
The setting up of an independent regulatory body for the coal sector shall help in

Tags: , , , , , , , , , , ,
Posted in Coal and mine India, General | Read More

Prime Minister’s Meeting on Targets for Infrastructure – FY 13-14

Comments Off | 06-28-2013

A meeting was held by the Prime Minister today to finalise infrastructure targets for 2013-14. The meeting was attended by the Finance Minister, Deputy Chairman, Planning Commission and Ministers and Secretaries of key infrastructure Ministries, i.e., Power, Coal, Railways, Roads, Shipping and Civil Aviation.

The Deputy Chairman, Planning Commission made a

Tags: , , , , , , , , , , ,
Posted in General | Read More

Puducherry Plan For 2013-14 Finalized

Comments Off | 06-28-2013

The Annual Plan for 2013-14 for the State of Puducherry was finalised today at a meeting between Shri Montek Singh Ahluwalia, Deputy Chairman, Planning Commission and Sh. N. Rangasamy, Chief Minister of Puducherry. The Plan size has been agreed at Rs.2,000 crore which includes the central assistance to the State Plan of about Rs.783 crore.

Tags: , , , , , , , , , , ,
Posted in General | Read More

© Invest in India | Investinindia.com