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Saturday, May 29, 2010

Effective Date for Revision of Gratuity Amendment Act to Rs. 10 lakhs: Notification in Official Gazette as on 24th May 2010

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As you are aware Gratuity Amendment Act 2010 is notified in Official Gazette with Rs.10 lakhs as limit replacing Rs.3,50,000 The Payment o...
23 comments:
Tuesday, May 25, 2010

Money laundering transaction records & definition of beneficial owner in Amendment Rules 2010 - RBI

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Prevention of Money-laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and ...
Monday, May 24, 2010

NBFC investment in Joint Venture or subsidiary abroad shall 'No Objection' (NoC) of the Department of Non-Banking Supervision of RBI

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Overseas Investment by NBFCs- No Objection (NoC) from DNBS, RBI Please refer to Regulation No. 7 of the Foreign Exchange Management (Tr...

ECB by IFC now under Automatic route UPTO 50% of owned funds, RBI

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As a measure of liberalisation of the existing procedures, it has been decided to permit the IFCs to avail of ECBs, including the outstandin...

Gratuity Amendment Act 2010 is notified in Official Gazette with Rs.10 lakhs as limit replacing Rs.3,50,000

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The Payment of Gratuity (Amendment) Act, 2010 is notified in Official Gazette on 18 th May 2010, amending the Payment of Gratuity Act, 1972...
30 comments:

Workmen's Compensation Act, 1923 becomes Employees with enhanced compensation limits, full medical expenses reimbursement, case disposal within 3 months, etc..& also applicable to casual & clericals

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Workmen’s Compensation Act is now Employees Compensation Act, 1923 and the definition of employee includes clerical employees & casual e...
53 comments:

Employees definition under Gratuity Act amended to included all types of works irrespective of salary limits

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The Payment of Gratuity Act, 1972 definition of the term “employee” under Section 2 got widened.  It is no more the old definition of person...
8 comments:

Revised ESI limit Rs.15000 (not Rs.10000) for employees/workers w.e.f 1st May 2010 - as amended by the Act [extended]

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Ministry of Labour & Employment vide G.S.R. 394(E), dated 20th April, 2010 has made Employees State Insurance Act, 1948 read with ESI (...
29 comments:
Sunday, May 23, 2010

Old SEBI circular on revised Trading hours in Stock Exchanges

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Sub: Trading Hours on Stock Exchanges In consultation with the Stock Exchanges and other market participants, it has been decided to per...

SEBI master ciruclar on Stock Exchange, Depository, etc...updated as on 31st March 2010

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SEBI Master Circulars on Stock Exchange/Depositories Annexure 1 – Master Circular for Stock Exchange/ Cash Market – Trading Part- I. It c...
3 comments:
Friday, May 21, 2010

Learnlabz Promotional Videos on Company Secretary (CS) Executive & Professional Programme Coaching Classes & Only This Much books released on Youtube today to make learning an interesting experience!!! [can also fetch you UPTO 50 marks in exams]

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Learnlabz Promotional Videos on Company Secretary Executive & Professional Programme Coaching Classes & Only This Much books.  It co...
Tuesday, May 18, 2010

Professional Misconduct for CS,CA & CWA: Don't talk when your Client Drives (& viceversa) - if its true!!!

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Many road safety campaigns targets the drivers and the passengers. But Bangalore Traffic police is different (Hats off)!!! Believe,...