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Posted Date : 24-Oct-2012 , 08:39:48 am | Posted By CASANSAAR
The government has invited applications for the post of a member at the Competition Commission of India (CCI), the regulator that keeps a tab on anti-competitive practices in the market. The post would be filled up by direct recruitment and government officials, if chosen, would have to seek ...
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Posted Date : 24-Oct-2012 , 08:37:45 am | Posted By CASANSAAR
Faced with difficult government finances, Prime Minister Manmohan Singh today asked cash-rich 25 central PSUs to invest their surplus fund of Rs2.5 lakh crore to reignite economic growth. In a meeting convened by the Prime Minister and also attended by finance minister P Chidambaram, the to...
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Posted Date : 21-Oct-2012 , 08:09:32 am | Posted By CASANSAAR
The Madras High Court has held that the imposition of 30 per cent entertainment tax on Direct-to-Home services in the State is unconstitutional and directed the State government to exempt DTH services from entertainment tax. A Division Bench comprising justices Chitra Venkataraman and K. Ra...
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Posted Date : 21-Oct-2012 , 08:07:46 am | Posted By CASANSAAR
The Prime Minister on Saturday rolled out the UPA government's ambitious direct cash transfer system and other Aadhar enabled services to eliminate fraud and corruption. Launching the scheme on 2nd aniversary of Aadhaar project at Dudu near Jaipur in Rajasthan this morning Dr. Manmohan Singh said th...
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Posted Date : 21-Oct-2012 , 08:05:50 am | Posted By CASANSAAR
Kingfisher Airlines' license has been suspended. Its licence to fly commercial airlines was suspened by the Director General of Civil Aviation - DGCA - for failing to come up with a viable plan to revive its finance and resolve the operational problems and the impasse with its employees over payment...
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Posted Date : 13-Oct-2012 , 08:17:34 am | Posted By CASANSAAR
Prime Minister Manmohan Singh on Friday cautioned against the “frivolous” and “vexatious” use of the RTI Act, saying that the citizens’ right to know should be circumscribed if it encroaches on an individual’s privacy. He also warned against blanket exten...
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Posted Date : 13-Oct-2012 , 07:43:48 am | Posted By CASANSAAR
A special magistrate court here on Friday issued a non-bailable arrest warrant (NBW) against the Chairman of Kingfisher Airlines, Vijay Mallya, and four other directors for non-appearance in cases relating to bouncing of cheques issued in favour of GMR Hyderabad International Airport Limited (GHIAL)...
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Posted Date : 11-Oct-2012 , 09:24:26 pm | Posted By CASANSAAR
Rahul Gandhi today claimed seven out of 10 youths in Punjab have a drug problem, triggering a controversy with ruling Akali Dal asking how the Congress leader came to this "mathematical conclusion" on drug addiction in the state. Winding up his two-day visit to Punjab, Rahul also said that ...
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Posted Date : 11-Oct-2012 , 07:26:43 am | Posted By CASANSAAR
The Prime Minister has said that the Government is considering amendments to the Prevention of Corruption Act to make it more stringent.Dr. Manmohan Singh said that Government proposes to include corporate failure to prevent bribery as a new offence. Dr. Singh said that his Government is examining h...
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Posted Date : 08-Oct-2012 , 09:16:37 pm | Posted By CASANSAAR
Indian Oil Corporation and oil marketing companies will cut petrol prices by 56 paise per litre efective from midnight tonight. The new retail prices of petrol in Delhi will be 67.90 rupees a litre, about 0.8 percent lower than current 68.46 rupees a litre. Country's three state-run fuel re...
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Posted Date : 05-Oct-2012 , 08:17:23 am | Posted By CASANSAAR
The Union Cabinet today approved necessary amendments to the Insurance Laws Amendment Bill, Pension Fund Regulatory and Development Authority Bill and the Companies Bill. Briefing newsmen on the cabinet decisions in New Delhi this evening, Finance Minister, Mr. P.Chidambaram said the foreign equity ...
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Posted Date : 03-Oct-2012 , 10:59:04 pm | Posted By CASANSAAR
The government is likely to take a decision tomorrow on a bill that seeks to provide more powers to commodity market regulator Forward Markets Commission (FMC) and introduction of products like options."The Cabinet is likely to take up the Forward Contract Regulation Act (Am...
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Posted Date : 01-Oct-2012 , 08:33:52 am | Posted By CASANSAAR
The Punjab government on Sunday approved “Mission Ludhiana” — a Rs 3,651-crore integrated development plan for the industrial city and its adjoining areas. In a meeting here on Saturday, Deputy Chief Minister Sukhbir Singh Badal also tied up the financial resources for the...
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Posted Date : 29-Sep-2012 , 11:14:02 am | Posted By CASANSAAR
Justice Altamas Kabir, the senior-most judge of the Supreme Court will be sworn in as the next Chief Justice of India today. Justice Kabir, 64, who will succeed Justice Sarosh Homi Kapadia, will serve a tenure of nine months till July next year. The new appointee has delivered several...
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Posted Date : 28-Sep-2012 , 03:34:10 pm | Posted By CASANSAAR
Sahara Group on Friday assured the Supreme Court that its two companies which had raised Rs 24,000 crore through Optionally Fully Convertible Debentures (OFCDs) from their investors will refund the amount within three months. “We will refund the amount. There is no question of going b...
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Posted Date : 27-Sep-2012 , 04:37:43 pm | Posted By CASANSAAR
Former Indian cricketer Sandeep Patil was on Thursday appointed the Chairman of the national selection committee, whileMohinder Amarnath was sacked after serving just one year in the panel. The 56-year-old Patil's appointment to the hot seat, replacing Kris Srikkanth, came as a ...
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Posted Date : 24-Sep-2012 , 08:57:16 pm | Posted By CASANSAAR
The Union Cabinet today approved a 7 per cent hike in the Dearness Allowance, DA, for central government employees. In its meeting chaired by Prime Minister Dr Manmohan Singh in New Delhi, the cabinet give its nod to hike in DA. The approval will benefit 80 lakh central government employees and pens...
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Posted Date : 24-Sep-2012 , 08:44:29 am | Posted By CASANSAAR
Now receive SMS / email alerts on the go from CASANSAAR.COM. This free subscription will entitle you to faster complete updates. Receive Professional, Tax and Career related updates in your mobile / email inbox and stay ahead in your professional life.Some features CASANSAAR SMS / ema...
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Posted Date : 20-Sep-2012 , 02:24:01 pm | Posted By CASANSAAR
Team Anna on Wednesday suffered a vertical split with Anna Hazare and some top activists choosing to part ways with the Arvind Kejriwal-led group, opposing their plans to form a political party. After a roller-coaster ride of 18 months in which they came together to run a high-steam anti-graft movem...
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Posted Date : 20-Sep-2012 , 09:16:00 am | Posted By CASANSAAR
The finance ministry has ordered a scrutiny of the books of oil marketing companies to see if the under-recoveries stated by them are in order or not. The move was initiated at the behest of finance minister P Chidamabram, who asked his officers to look into the issue even before diesel pr...
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Posted Date : 19-Sep-2012 , 09:45:52 pm | Posted By CASANSAAR
The central government is likely to hike dearness allowance from 65 per cent to 72 per cent, benefiting about 50 lakh of its employees and 30 lakh pensioners, on Friday. “The proposal to increase dearness allowance (DA) by 7 per cent of the basic pay is scheduled to come up for consid...
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Posted Date : 18-Sep-2012 , 08:45:02 pm | Posted By CASANSAAR
Trinamool Congress chief and West Bengal chief minister Mamata Banerjee on Tuesday evening announced after 3-hr party meeting in Kolkata that her party decided to withdraw support from UPA government on the issue of diesel price hike, LPG cap and the FDI multi-brand retail decisions by the cent...
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Posted Date : 18-Sep-2012 , 02:20:23 pm | Posted By CASANSAAR
A 22-year-old woman, winner of a national bravery award, has been booked for allegedly posting abusive comments on Chandigarh traffic police's Facebook page. Henna Bakshi, who claims to be winner of Geeta Chopra bravery award over a decade back for nabbing a burglar, was booked on Friday fo...
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Posted Date : 14-Sep-2012 , 04:31:54 pm | Posted By CASANSAAR
The alleged irregularities in the coal block allocations came under judicial scrutiny today with the Supreme Court directing the Centre to explain if the guidelines were strictly followed in allotting the natural resource to private companies. Turning down the Centre's plea that the court s...
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Posted Date : 10-Sep-2012 , 11:28:38 pm | Posted By CASANSAAR
Steel makers will now have to produceBureau of Indian Standards (BIS) certified steel items as the Centre has made the certification mandatory from September 12. It was stated by BIS' Northern Region Office in a release here today. According to BIS new guidelines, all manufacturers, f...
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Posted Date : 07-Sep-2012 , 09:16:09 pm | Posted By CASANSAAR
Each minute of running Parliament during sessions costs the exchequer Rs 2.5 lakh. This was reminded by the government to the Oppostion as the monsoon session of parliament was almost completely washed out over the controversy on coal block allocations with BJP insistent on Prime Minister Manmo...
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Posted Date : 06-Sep-2012 , 09:19:01 pm | Posted By CASANSAAR
Gold surged 320 rupees, to cross the 32,000-rupee mark for the first time ever, and hit a fresh record high of 32,300 rupees per ten grams at Delhi's bullion market, today. Gold rose on increased buying by stockists ahead of the marriage season, amid rising gold prices, globally. The precious metal ...
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Posted Date : 06-Sep-2012 , 07:51:44 am | Posted By CASANSAAR
An amount of Rs.86,000 crores indirect tax revenue of Central Board of Excise and Customs has been locked up in litigation. Success rate of departmental litigation in Courts and Tribunal during the last four y...
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Posted Date : 04-Sep-2012 , 05:57:46 pm | Posted By CASANSAAR
The petroleum ministry plans to raisediesel rates by Rs 4-5 per litre after the parliament session ends on September 7 as oil firms' revenue loss has soared to almost half the retail price, but it expects stiff resistance from the ruling coalition, having tough time defending the government on ...
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Posted Date : 04-Sep-2012 , 04:31:41 pm | Posted By CASANSAAR
The Union Cabinet today approved the proposed Bill to provide quota for Scheduled Castes and Scheduled Tribes, SCs and STs, in promotions, which would require certain changes in the Constitution. The proposed Bill seeks to amend at least four articles of the Constitution to enable the gove...
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