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Wednesday, June 30, 2010

Life insurance benefits to Provident Fund employees increased to Rs.1lakh under Deposit linked Insurance scheme (EDLI)

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EDLI Scheme amended:  In effect, on death during employment, Family member/nominee will get the following: if Average balance is ...
31 comments:
Saturday, June 26, 2010

Revised monthly wage ceiling limit of 50% of Rs.4000 increased to Rs.8000-Employees Compensation Act for maximum compensation calculation

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As you are aware, Workmen's Compensation Act, 1923 becomes Employees with enhanced compensation limits, full medical expenses reimbursem...
10 comments:
Thursday, June 17, 2010

New Scheme to close down Company & comply for non-compliances done under Companies Act, 1956 like non-filing of annual returns, accounts, compliance certificate,etc...Lawlabz Website link

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Closure of defunct companies by ROC COMPANY LAW SETTLEMENT/EASY EXIT SCHEME under The Companies Act, 1956: The Ministry of Corpor...
1 comment:
Monday, June 14, 2010

Preserve/Lost your Mark sheets as NO more CS Pass Certificates for Foundation & Executive will be issued by ICSI on passing Company Secretary Exams but for Professional Program

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Don’t panic after your CS Results this 25th August 2010 onwards! when you don’t receive your Company Secretary Exam pass certificates, ICSI ...
17 comments:
Sunday, June 6, 2010

New Rule 19(2)(b) & 19A for initial & continuous listing requirement of 25% of capital with public as per SCRR amendment 2010 [for all companies]: 10% for 4000 crores to be increased@5% every year

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The Securities Contracts (Regulation) Rules 1957 provide for the requirements which have to be satisfied by companies for the purpose of get...
29 comments:
Wednesday, June 2, 2010

Learnlabz Activity outside Company Secretary exam centres @ Chennai, Free DVDs for CS students on classes & books

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Catching up the heat outside Company Secretary Exam centres at Chennai.  Learnlabz stall was crowded with CS students availing their free DV...
1 comment:
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: