Archive for April, 2015

President of India calls for improvement in quality of Higher Education in India

Comments Off | 04-9-2015

The President of India, Shri Pranab Mukherjee inaugurated the Centenary Building of Asutosh College yesterday (April 1, 2015) in Kolkata.
Speaking on the occasion, the President said the quality of higher education in the country must improve. The 11th Five Year Plan had made provisions for improving the quality of higher education in the country.

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Increase in the penalty in the proposed Road Transport & Safety Bill

Comments Off | 04-9-2015

This Ministry of Road Transport & Highways has proposed a draft Road Transport & Safety Bill which after wide public consultation has been circulated to the concerned Ministries for their comments before bringing it to the Cabinet. The Bill has included several reforms, including a major focus on the safety on roads and increase in

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Indirect Taxes Collections for the Financial Year (FY) 2014-15 Exceeds the Revised Estimates (RE) Target by Rs. 4,000 Crore;

Comments Off | 04-9-2015

The Indirect Taxes collections for the Financial Year (FY) 2014-15 has exceeded the Revised Estimates (RE) target of FY 2014-15 by Rs. 4,000 crore. The total collections as on 31.03.2015 is Rs.5,46,479 crore based on the provisional report as against the Revised Estimates target of Rs. 5,42,325 crore for the FY 2014-15.
The provisional collections

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Government Issues Guidelines for Administration and Operationalization of ‘Nirbhaya Fund’

Comments Off | 04-9-2015

The Government of India has issued the Guidelines for utilization of ‘Nirbhaya Fund’ with the approval of the Union Finance Minister. The Guidelines are as follows:
· Ministry of Women and Child Development (WCD) is the

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TRAI issues Tariff Order (TO) prescribing framework for commercial interoperability of Customer Premises Equipment (CPE) in DTH services.

Comments Off | 04-9-2015

The Telecom Regulatory Authority of India (TRAI) has today issued a Tariff Order (TO) namely the Telecommunication (Broadcasting and Cable) Services (Seventh) (the Direct to Home Services) Tariff Order, 2015 (2 of 2015). This Tariff Order (TO) prescribe a framework for commercial interoperability of Customer Premises Equipment (CPE) offered by the Direct-to-Home (DTH) operators to

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Union Agriculture Minister Asks Bihar Chief Minister to Help Farmers by Utilising State Disaster Response Fund

Comments Off | 04-9-2015

Union Agriculture Minister Shri Radha Mohan Singh has urged the Bihar Chief Minister Shri Nitish Kumar to help farmers, who have been affected by unseasonal rain and hailstorms during the month of February and March of this year, by utilising State Disaster Response Fund. Ministry of Agriculture has already requested all State Governments, vide, letter

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Global crude oil price of Indian Basket was US$ 55.60 per bbl on 27.03.2015

Comments Off | 04-7-2015

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 55.60 per barrel (bbl) on 27.03.2015. This was lower than the price of US$ 57.03 per bbl on previous publishing day of 26.03.2015.
In rupee terms, the price

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Central Government Approves Rs. 1,500 Crore by way of Budgetary Support to Andhra Pradesh for its New Capital

Comments Off | 04-7-2015

In consonance with Section 94(3) of the Andhra Pradesh Reorganization Act, 2014, the Government of India has agreed to provide Special Financial Support for essential facilities for the new Capital of Andhra Pradesh including construction of Raj Bhavan, State Secretariat, State Assembly and High Court etc.
Accordingly, the Ministry of Finance, Government of India has

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ECI Organises National Consultation on “Political Finance and Law Commission Recommendations”

Comments Off | 04-7-2015

The Election Commission of India (ECI) organized a National Consultation on “Political Finance and Law Commission Recommendations” which was held at Vigyan Bhawan on 30th March2015.
This consultation had been initiated on the backdrop of the 255th Report of the Law Commission which

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Field Offices Under Chief Commissioners of Customs/Central Excise/Service Tax to Remain open tomorrow, 28th March, 2015 to Facilitate filing of Returns/Payment of Taxes

Comments Off | 04-3-2015

In view of closing of the current financial year, the Central Board of Excise and Customs [CBEC] has decided to keep open all the field offices under the Chief Commissioners of Customs/Central Excise/Service Tax on 28th March, 2015 (Saturday) to facilitate the tax-payers in payment of taxes/filing returns and in carrying out other procedural formalities

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