Cases Pending Before the Company Law Board The Government has informed the Lok Sabha that as on 31.7.2010, a total number of 2,688 cases are pending before Company Law Board. Giving this information in written reply to a question in the Lok Sabha
RBI proposes foreign investment in pvt banks below 50% The Reserve Bank on Wednesday suggested lowering the foreign investment limit in new private sector banks to below 50 per cent from 74 per cent currently, in order to strengthen the local bank
More transparency in corporate donations to parties needed Corporate Affairs Minister Salman Khurshid on Wednesday advocated greater transparency in corporate donations to political parties saying it is important for shareholders to know how the m
Entry of New Banks in the Private Sector – Discussion Paper
Increase in Pension to Industrial Workers under EPS-1995 It is true that the minimum pension granted under the Employees’ Pension Scheme to industrial workers after the year 2000 has not been increased. This has not been possible as the ann
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