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The government will launch a new pension scheme for all private sector employees and self-employed persons from May 1 that will allow investment of 50 percent of funds in stock markets, an official said on Thursday. "The new pension scheme for private sector employees is launched from tomorrow," Meena Chaturvedi, Executive Director, Pension Fund Regulatory and Development Authority (..

The Delhi High Court ruled that to be a Custom House Agent it will be mandatory for aspirants to clear an exam stipulated by the Custom House Agent License Regulation (CHALR) in 2004. A bench comprising Justices Sanjay Kishan Kaul and Sudershan K Mishra said all those who have fulfilled the criterion set up in 1984 by the CHALR Act and are yet to get the license to be the pe..

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22 proposals of Foreign Direct Investment cleared Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on 20th April, 2009, Government has approved 22 Proposals of Foreign Direct Investment amounting to Rs. 541.25 Crore approximately. The proposals relate to Ministries/Departments, namely, Chemical & Petrochemicals, Commerce, Economic Affairs, Industria..

NEW DELHI: Gujarat chief minister Narendra Modi came under the scanner of the Supreme Court which on Monday ordered a probe into a complaint that he, his cabinet colleagues, police officials and senior bureaucrats aided and abetted post-Godhra killings. ( Watch ) In an embarrassment to the BJP, many of whose leaders have been endorsing Modi as PM in 2014, a two-judge bench of the court orde..

Extension of benefit of enhanced depreciation Press Release No. 402/92/2006-MC (10 of 2009) Dated 24-4-2009 The benefit of enhanced depreciation on commercial vehicles has been extended up to 30th September 2009. Now, commercial vehicles acquired on or after 1st January 2009 and put to use before the 1st October 2009 will be eligible for depreciation at the rate of 50 percent. The Central Board..

The Supreme Court has directed all the State and Union Territories to implement the directions of the Union Government to provide supplementary nutrition food to all children in age group of 6 months to 3 years and also to severely underweight children in the age group of 3 o 6 years. A bench comprising Justices Arijit Pasayat and S H Kapadia issued the directions yesterday which include provi..

A judge of the Madras High court has taken to task, a private airways for not serving food during a flight from Madurai to Chennai. Mr Justice S Regupathy, judge of Madras High court filed a complaint against Jet Airways, after the air hostess refused to serve food to him, his assistant and seven other passengers on the ground that ‘they are not their passengers’. The judge and his assistant..

The Supreme Court adjourned by two weeks the hearing of the appeal of the Income Tax Department, Mumbai against the judgment of the Bombay High Court granting exemption of 30 per cent to Bollywood actor Amitabh Bachchan in Income Tax on his income.The Bombay High Court had allowed the petition filed by the superstar seeking exemption of 30 per cent on the grounds that since he was an artis..

Special Public Prosecutor Ujjwal Nikam submitted before a designated court the 312-draft charges against all 47, including lone arrested Pakistani terrorist Ajmal Amir Kasab, Faheem Ansari and Sabauddin Ahmad, accused in the 26/11 terror attacks on the city. The accused also included all the nine deceased of the ten-member Pakistani terrorist gang, that besieged the city for 60 hours during the..

Only audit firms with peer review certificates issued by the ICAI can henceforth conduct audit of listed companies in India. This new norm will come into force from accounting periods commencing from April 1, 2009, the audit profession regulator ICAI decided at a council meeting here on Saturday. Also, financial statements of a company coming out with an initial public offering should only be atte..

The Allahabad High issued Notification for direct recruitment of 69 Vacancies in Uttar Pradesh Higher Judicial Services ( 41 Back Log & 27 Current . Last Date for Submission of Applications is 15-5-2009 - See Hindu Daily 2-4-2009Page 7 ..

The Chief Justice of India has written to chief justices of all High Courts to consider adopting the apex court judges' practice of declaring their assets at the time of their appointment and every year subsequently," said a Supreme Court official, as reported by NDTV/IANS Chief Justice of India K G Balakrishnan has written to all high courts across the country to consider adopting the apex cou..