Tuesday, 29 March 2016

UPDATE- 29.03.2016- Government allows 100% FDI in e-commerce marketplace model

Government allows 100% FDI in e-commerce marketplace model

UPDATE- 29.03.2016
NEW DELHI: The government has given the green light to 100% FDI in the marketplace format of e-commerce retailing with a view to attract more foreign investments.

As per the guidelines issued by the Department of Industrial Policy and Promotion (DIPP) on FDI in e-commerce, foreign direct investment (FDI) has not been allowed in inventory-based model of e-commerce.

Process of Incorporation or Registration of Companies

Dear Professional Colleague,
MCA: Dated 23.03.2016....wef 28.03.2016
The Process of Incorporation or Registration of Companies under section 7, 8 and 366 of the Companies Act, 2013, shall be exercise by the Central Registration Centre (CRC) established vide notification Number S.O. 218(E) dated 22nd January, 2016. The CRC shall process Forms pertaining to registration of Companies i.e. e-Forms (INC-2, INC-7 and INC-29 along with other related Form INC-22, DIR-12 and URC-1 and other Forms as may be notified by the Central Government). The jurisdiction, processing and approval of name or names proposed in e-form INC-29 exercised by the respective Registrar of Companies having jurisdiction over incorporation of Companies under the Companies Act, 2013 and the rules made thereunder shall forthwith be exercised by Registrar, CRC. The jurisdiction Registrar of Companies, other than Registrar CRC, within whose jurisdiction the registrar office of the Companies incorporated by the Registrar, CRC under the Companies Act, 2013 and rules made thereunder. The notification shall come into force from 28th March, 2016.

Monday, 21 March 2016

CIRCULAR ON MUTUAL FUNDS

CIRCULAR ON MUTUAL FUNDS

A. Consolidated Account Statement:
Consolidated Account Statement (CAS), issued to investors in accordance with Regulation 36(4) of SEBI (Mutual Funds) Regulations, 1996 and circulars thereof, at present provides information in terms of name of scheme/s where the investor has invested, number of units held and its market value, among other details. To increase transparency of information to investors, it has been decided that:
1. Each CAS issued to the investors shall also provide the total purchase value / cost of investment in each scheme.
2. Further, CAS issued for the half-year(September/ March) shall also provide:
a. The amount of actual commission paid by AMCs/Mutual Funds (MFs) to distributors (in absolute terms) during the half-year period against the concerned investor’s total investments in each MF scheme. The term ‘commission’ here refers to all direct monetary payments and other payments made in the form of gifts / rewards, trips, event sponsorships etc. by AMCs/MFs to distributors.
b. The scheme’s average Total Expense Ratio (in percentage terms) for the half-year period, of both direct plan and regular plan, for each scheme where the concerned investor has invested in.
Such half-yearly CAS shall be issued to all MF investors, excluding those investors who do not have any holdings in MF schemes and where no commission against their investment has been paid to distributors, during the concerned half-year period.
B. Enhancing Scheme Related Disclosures:
In order to improve transparency as well as ease of access to Mutual Fund (MF) scheme related information, it has been decided that:
1. Mutual Funds shall provide the following additional disclosures in the offer documents (Scheme Information Document (SID) / Key Information Memorandum (KIM)) of Mutual Fund scheme (for existing scheme / new scheme, as applicable):
a. The tenure for which the fund manager has been managing the scheme shall be disclosed, along with the name of scheme’s fund manager(s)
b. Scheme’s portfolio holdings (top 10 holdings by issuer and fund allocation towards various sectors), along with a website link to obtain scheme’s latest monthly portfolio holding
c. In case of FoF schemes, expense ratio of underlying scheme(s)
d. Scheme’s portfolio turnover ratio
2. Further, the following additional disclosures shall be provided in SID of the MF scheme:
a. The aggregate investment in the scheme under the following categories:
i. AMC’s Board of Directors
ii. Concerned scheme’s Fund Manager(s) and
iii. Other key managerial personnel
b. Illustration of impact of expense ratio on scheme’s returns (by providing simple example).
3. Separate SID / KIM for each MF scheme managed by AMC shall also be made available on MFs / AMCs website.
4. Each MF is required to have a dashboard on their website providing performance and key disclosures pertaining to each scheme managed by AMC. The information should include scheme’s AUM, investment objective, expense ratios, portfolio details, scheme’s past performance, among others. Such information shall be provided in a comparable, downloadable (spreadsheet) and machine readable format.
C. Disclosure Of Executive Remuneration:
With the underlying objective to promote transparency in remuneration policies so that executive remuneration is aligned with the interest of investors, MFs /AMCs shall make the following disclosures pertaining to a financial year on the MF/AMC website under a separate head - ''Remuneration'':
1. Name, designation and remuneration of Chief Executive Officer (CEO), Chief Investment Officer (CIO) and Chief Operations Officer (COO) or their corresponding equivalent by whatever name called.
2. Name, designation and remuneration received of all employees of MF/AMC whose:
a. Annual remuneration was equal to or above INR 60 lakh for that year.
b. Monthly remuneration in the aggregate is not less than INR 5 lakh per month, if the employee is employed for a part of the financial year.
3. The ratio of CEO''s remuneration to median remuneration of MF/AMC employees.
4. MF''s total AAUM, debt AAUM and equity AAUM and rate of growth over last three years.
For this purpose, remuneration shall mean remuneration as defined in clause (78) of section 2 of the Companies Act, 2013.The AMCs/MFs shall disclose this information within one month from the end of the respective financial year (effective from FY 2015-16).
D. Internal Credit Risk Assessment:
In order to ensure that MFs / AMCs are able to carry out their own credit assessment of assets and reduce reliance on credit rating agencies, all MFs/ AMCs are required to have an appropriate policy and system in place to conduct an in-house credit risk assessment / due diligence before investing in fixed income products.
E. Deployment of NFO Proceeds in CBLO:
In partial amendment to clause 2(ii)(c) of SEBI circular dated March 15, 2010, Mutual funds are allowed to deploy NFO proceeds in CBLO before the closure of NFO period. However, AMCs shall not charge any investment management and advisory fees on funds deployed in CBLOs during the NFO period. The appreciation received from investment in CBLO shall be passed on to investors. Further, in case the minimum subscription amount is not garnered by the scheme during the NFO period, the interest earned upon investment of NFO proceeds in CBLO shall be returned to investors, in proportion of their investments, along-with the refund of the subscription amount.
F. Soft-Dollar Arrangements:
Soft-dollar arrangement refers to an arrangement between AMCs and brokers in which the AMC executes trades through a particular broker and in turn the broker may provide benefits such as free research, hardware, software or even non-research-related services, etc., to the AMC. It may be noted that such arrangements between AMCs and brokers should be limited to only benefits (like free research report, etc.) that are in the interest of investors and the same should be suitably disclosed.
G. Revision of date of submission of MCR:
In partial amendment to point 2 of SEBI circular dated April 30, 2008; it has been decided that the Monthly Cumulative Report (MCR) shall be submitted to SEBI by 3rd working day of each month, instead of 3rd calendar day of each month.
H. Applicability of the Circular
1. Para A will be effective for CAS issued from October 1, 2016.
2. Para B and D will be effective from May 1, 2016.
3. Para C, F and G will be effective from April 1, 2016.
4. Para E will be applicable for NFOs launched on or after April 1, 2016.

SEBI/HO/IMD/DF2/CIR/P/2016/42 
18th March 2016
issued by SEBI

Friday, 18 March 2016

Mandatory filing of compliances in Electronic / XBRL Mode

Hello Everyone,

On March 11, 2016 BSE Limited ("Exchange") issued a circular requiring all Listed Entities (including SME listed companies) to file compliances related reports, statements, information, etc. only on its electronic platform viz. "Listing Centre" (http://listing.bseindia.com) 

Compulsary filing on Listing Centre shall be applicable for companies with effect from March 21, 2016 

A Listed entity has to compulsorily make compliances of the below mentioned regulations only through the Listing Centre:
1. Compliance Certificate by RTA - Reg. 7(3)               2. Statement of Investor Complaints - Reg. 13(3)  
3. Corporate Governance - Reg. 27 (XBRL Mode)     4. Notice for Board Meeting Reg. 29      
5. Outcome of Board Meeting - Reg. 30                        6. Shareholding Pattern - Reg 31(XBRL Mode)  
7. Financial Results - Reg. 33                                         8. Annual Report - Reg. 34 
9. Compliance Certificate - Reg. 40(9)                         10. Notice for Record Date - Reg. 42
11. Voting Results - Reg. 44                                           12. Disclosures under SAST & PIT
13. Reconciliation of Share Capital Audit                            (Company's submissions)
       Report - Reg. 55 A (Depositories and
       Participants Regulations, 1996) 


Failure to do the above submissions via electronic mode shall be considered as a non- compliance with the Regulations and would be subject to the attendant penal actions. 

Compliances / submissions done through Fax, Email or physical mode i.e. hand delivery / Post / Courier shall not be considered as submission to the Exchange. 


Circular link- http://www.bseindia.com/corporates/Displaydata.aspx?Id=73c52863-2654-4622-9b00-b26cedbba725&Page=cir

Thanks & Regards

RAVI GARG (CS)
91-7838204665, 

Tuesday, 15 March 2016

Corporate Social Responsibility (CSR)

Section 37 (1) of Income Tax Act, 1961 states that any expenditure which does not qualify under revenue expenditure within Section 30-36 or is a capital expenditure or personal expenses of the assessee shall be considered to be business expenditure if it is wholly and exclusively for the purposes of business or profession shall be allowed as business expenditure while computing income from profits and gains from business or profession.
As the CSR expenditure is not incurred for the purposes of carrying on business, such expenditures cannot be allowed under the provisions of section 37 of the Income-tax Act. The amount spent by a company towards CSR cannot be claimed as business expenditure. The Finance Act, 2014 provides that any expenditure incurred by an assessee on the activities relating to corporate social responsibility referred to in section 135 of the Companies Act, 2013 shall not be deemed to be an expenditure incurred by the assessee for the purposes of the business or profession.
However, the CSR expenditure which is of the nature described in section 30 to section 36 of the Income-tax Act shall be allowed as deduction under those sections subject to fulfillment of conditions, if any, specified therein.

Compliance in respect of Directors

SectionsRulesSummaryCompliances to be done
149 Company to have Board of Directors
Every Independent Director  has to give declaration  that he meets the criteria of independence at the first meeting of the Board in which he participates as a director and thereafter at the first meeting of the Board in every financial year or whenever there is any change in the circumstances which may affect his status as an independent director.
152 Appointment of directors.A declaration has to be given by every person proposed to be appointed as a Director that he is not disqualified to become a director under this Act.
152Rule 8 of   Companies (Appointment and Qualification of Directors) Rules, 2014.Consent to act as director.To file consent in writing in  Form DIR-2  before appointment as a director
154Rule 10 of   Companies (Appointment and Qualification of Directors) Rules, 2014.Allotment of DIN
To obtain Director Identification Number before appointment.
156 
Director to intimate Director Identification Number.
To intimate Director Identification Number within one month of the receipt of Director Identification Number from the Central Government to all companies wherein he is a director.
158 
Obligation to indicate Director Identification Number.
To mention Director Identification Number while furnishing any return, information or particulars, as required to be furnished under the Act.
165 
Number of directorships.
Not to exceed total number of directorship specified under this  Act and to restructure within one year the maximum number of directorship allowed that is:
Only Public Companies- 10  
Only Private Companies- 20  
 Both- 20
184Rule 9 of Companies (Meetings of Board and its Powers) Rules, 2014.Disclosures by a director of his interest.
To disclose his concern or interest in any company or companies or bodies corporate (including shareholding interest), firms or other association of individuals, by giving a notice in writing in Form MBP 1 at the first meeting of the Board in which he participates as at a director and thereafter the first meeting of the Board in every financial year or whenever there is any change in the disclosures already made, then at the first Board meeting held after such change

Resolution For Appointment Of Independent Director Of The Company

    Specimen Resolution
    “RESOLVED THAT pursuant to the provisions of Sections 149, 152 read with Schedule IV and all other applicable provisions of the Companies Act, 2013 and the Companies (Appointment and Qualification of Directors) Rules, 2014 and Clause 49 of the Listing Agreement, Mr.                    who was appointed as a Director liable to retire by rotation and in respect of whom the Company has received a notice in writing under Section 160 of the Companies Act, 2013 from a member proposing his candidature for the office of Director, be and is hereby appointed as an Independent Director of the Company to hold office for the period                     to                  , whose period of appointment shall not be liable to retire by rotation.”

    Explanatory Statement
    Mr.                           is  a Non- executive Director of the Company liable to retire by rotation.
    It is proposed to appoint Mr.                      as independent director in  terms of Section 149 and any other applicable provisions of the Companies Act, 2013 and Clause 49 of the Listing Agreement to hold office for a period of five years consecutive years.
    Notice in writing from member under sec. 160(1) of the Companies Act 2013 has been received along with a deposit of Rs. 1,00,000/-  proposing the appointment of Mr.                as independent director.
    The Company has received consent in writing from Mr.                      to act as Director in Form DIR-2 pursuant to Rule 8 of Companies (Appointment & Qualification of Directors) Rules, 2014. The Company has received a declaration from Mr.                      that he  meet the criteria of independence as prescribed under sub-section (6) of Section 149 of the Companies Act, 2013 and the Listing Agreement. In the opinion of the Board Mr.                       fulfill the conditions for appointment as Independent Director as specified in the Companies Act, 2013. Mr.                      are independent of the management.
    Further, Mr.                       is not disqualified from being appointed as Director in terms of Section 164 of the Companies Act, 2013 and have given their intimation in Form DIR-8 in terms of Companies (Appointment & Qualification of Directors) Rules, 2014 to the effect that they are not disqualified under sub section (2) of section 164 of the Companies Act, 2013.
    Copy of the draft letters for his  appointment as Independent Director setting out the terms and conditions are available for inspection by members at the Registered Office of the Company between 11.00 A.M. to 1.00 P.M. on any working day upto the date of the AGM.
    Mr.                      is interested in the resolutions set out respectively at Item No.           of the Notice with regard to their respective appointments.
    The relatives of Mr.                       may be deemed to be interested in the resolutions set out respectively at Item No.  of the Notice, to the extent of their shareholding interest, if any, in the Company.
    Except  Mr.  ( Name  of the appointee director  )none of the other Directors / Key Managerial Personnel of the Company / their relatives are, in any way, concerned or interested, financially or otherwise, in these  resolutions
    Thanks & Regards

    RAVI GARG (CS)
    91-7838204665, 

Friday, 4 March 2016

Major changes in Direct Tax Law (Highlights)-Ravi Garg

TAX AMENDMENTS
Major changes in Direct Tax Law (Highlights)
1.Rates of income-tax- Surcharge @12% if Income exceeds 1 Crore with marginal relief.
2.STT– It is proposed to increase the STT rate from 0.017 per cent.to 0.05 per cent where option is not exercised.
3.Equalisation Levy- An equalisation levy of 6 % of the amount of consideration for specified services received or receivable by a non-resident not having permanent establishment (‘PE’) in India, from a resident in India who carries out business or profession, or from a non-resident having permanent establishment in India.
4.Divedend Tax- any income by way of dividend in excess of Rs.10 lakh shall be chargeable to tax in the case of an individual, Hindu undivided family (HUF) or a firm who is resident in India, at the rate of ten (10) percent.

5. Section 206C– Tax Collection at Source (TCS) on sale of vehicles, goods or services-
It is proposed that the seller shall collect the tax at the rate of one per cent from the purchaser on sale of motor vehicle of the value exceeding ten lakh rupees (Rs.10 Lakh) and sale in cash of any goods (other than bullion and jewellery), or providing of any services (other than payments on which tax is deducted at source under Chapter XVII-B) exceeding two lakh rupees.(Rs.2 Lakh).
6. Section 2(24) amended-Levy of tax where the charitable institution ceases to exist or converts into a non-charitable organization.
7.Phasing out of deductions and exemptions in Section 10AA, 35AC,35CCD,80IA,80IAB and 80IB,32 & 35 of the IT Act.
8. Tax incentives for start-ups
9. Incentives for Promoting Housing for All
10. Sec 80JJAA amended-Tax incentive for employment generation
11.Section 47 of the Income-tax Act amended so as to provide that any redemption of Sovereign Gold Bond under the Scheme, by an individual shall not be treated as transfer and therefore shall be exempt from tax on capital gains with indexation benefit.
12.Section 48 of the Act amended so as to provide that the capital gains, arising in case of appreciation of rupee between the date of issue and the date of redemption against the foreign currency in which the investment is made shall be exempt from tax on capital gains.
13. Consolidation of ‘plans’ within a ‘scheme’ of mutual fund; Section 47 so as to provide that any transfer by a unit holder of a capital asset, being a unit or units, held by him in the consolidating plan of a mutual fund scheme, made in consideration of the allotment to him of a capital asset, being a unit or units, in the consolidated plan of that scheme of the mutual fund shall not be considered transfer for capital gain tax purposes and thereby shall not be chargeable to tax.
14.80GG amended so as to increase the maximum limit of deduction from existing Rs. 2000 per month to Rs. 5000 per month.
15.Tax Treatment of Gold Monetization Scheme, 2015- Section 2 (14) amended so as to exclude Deposit Certificates issued under Gold Monetisation Scheme, 2015 notified by the Central Government, from the definition of capital asset and thereby to exempt it from capital gains tax.
16.Section 56– any shares received by an individual or HUF as a consequence of demerger or amalgamation of a company shall not attract the provisions of clause (vii) of sub-section (2) of section 56.
17.Section 87A- Rebate increased from Rs.2000 to Rs.5000.
18.Section 24(b) Limit of year amended from 3 years to 5 years.
19. Exemption from Dividend Distribution Tax (DDT) on distribution made by an SPV to Business Trust.
20. Modification in conditions of special taxation regime for off shore funds Section 9A.
21. Enabling provision for implementation of various provisions of the Act in case of a foreign company held to be resident in India.
22. Sec 44ADA –Presumtive taxation for Profession 50% if total gross receipts doesnot excedd Rs.50 Lakhs.
23.Sec 44AD- Limit increased from Rs.1 Crore to Rs.2 Crore.
24.Sec 36- Provsioning for Bad Debts for NBFC Companies.
25.Sec 32AC and 206AA amended.
26. Applicability of Minimum Alternate Tax (MAT) on foreign companies for the period prior to 01.04.2015.
27. Tax Incentives to International Financial Services Centre –Sec 10(38) amended.
28. The Income Declaration Scheme, 2016
29. The Direct Tax Dispute Resolution Scheme, 2016
30. Providing Time limit for disposing applications made by assessee under section 273A, 273AA or 220(2A)
31. Providing legal framework for automation of various processes and paperless assessment
32. New Taxation Regime for securitisation trust and investors.
33. Rationalization of tax deduction at source provisions relating to payments by Category-I and Category-II Alternate Investment Funds to its investors.
34. BEPS action plan – Country-By-Country Report and Master file
35.Sec 43B included payments made to Railways.
36. Set-off : No set off of any loss shall be allowable in respect of income under the sections 68 or section 69 or section 69A or section 69B or section 69C or section 69D.
37.Taxation of Non-compete fees and exclusivity rights in case of Profession.
38.Clarification regarding the definition of the term ‘unlisted securities’ for the purpose of Section 112 (1) (c).
39. Time limit for carry forward and set off of such loss under section 73A of the Income-tax Act.
40. Amortisation of spectrum fee for purchase of spectrum.
41. Rationalization of tax deduction at Source (TDS) provisions in section 192A, 194BB, 194C, 194LA, 194D, 194G, 194H, 194DA, 194EE,194K & 194L.
42. Enabling of Filing of Form 15G/15H for rental payments.
43.Sec 50C in case of Registration of Immovable Properties.- where the date of the agreement fixing the amount of consideration for the transfer of immovable property and the date of registration are not the same, the stamp duty value on the date of the agreement may be taken for the purposes of computing the full value of consideration.
44. Rationalization of conversion of a company into Limited Liability Partnership (LLP)
45. Rationalisation of tax treatment of Recognised Provident Funds, Pension Funds and National Pension Scheme.
46. Filing of return of Income, Processing under section 143(1) be mandated before assessment, Rationalisation of time limit for assessment, reassessment and recomputation.
47. Rationalisation of time limit for assessment in search cases.
48. Rationalisation of advance tax payment schedule under section 211 and charging of interest under section 234C.
49. Payment of interest on refund
50. Rationalisation of penalty provisions
51. New Section 270AA– Immunity from penalty and prosecution in certain cases by inserting new section 270AA

Thursday, 3 March 2016

Budget Highlights 2016-Ravi Garg

Budget Highlights 2016

1- Pollution cess of 1 per cent on small petrol, LPG and CNG cars; 2.5 per cent on diesel cars of certain specifications; 4 per cent on higher capacity vehicles

2- Plan and non-Plan classification of Budget will be done away with from Fiscal 2017-18

3- FM introduces one-time dispute resolution scheme for retro tax cases, payment of tax arrears to lead to waiving of penalty and interest

4- High level committee headed by Revenue Secretary to oversee creation of fresh liability using retrospective tax legislation

5- Clean energy cess increased from ₹ 200/ton to 400/ton on coal, lignite and peat.

6- A fund of ₹ 900 crore started for stabilising market crisis of pulses.

7- Long term capital gains period for unlisted companies to be reduced from 3 to 2 years

8- Increases excise duty on tobacco products except bidis by 10-15 per cent.

9- SUVs and luxury cars will become more expensive.

10- Fiscal deficit target for 2015-16 and 2016-17 retained at 3.9 pc and 3.5 pc respectively.

11- First home buyers to get additional deduction of ₹ 50,000 on interest for loan upto ₹ 35 lakh. Cost of house should not be more than ₹ 50 lakh.

12- ₹ 900 cr provided to buffer fund created to moderate prices of pulses

13- Service tax on single premium annuity to be reduced to 1.5 per cent from 3.5 per cent.

14- Service Tax to be exempted on general insurance schemes under NIRMAYA Scheme.

15- Target delivery of financial, other intermediary services will be introduced using Aadhar in this Budget session.

16- Accelerated depreciation to be limited to 40 pc wef from Apr 1, 2017 as part of phasing out of exemptions to industry.
17- To lessen burden on individuals with income not exceeding 5 lakh, propose sealing of tax rebate under sec 87A from 2000 to ₹ 5000.

18- Govt to allow 100 per cent FDI through FIPB in marketing of food products produced and manufactured in India.

19- Govt preparing a comprehensive plan for nuclear power generation and allocation could be up to ₹ 3,000 crore per annum.

20- Govt considering to provide calibrated market freedom to new gas production from deep sea, ultra deep sea to boost stagnant domestic output.

21- 160 airports and airstrips can be revived at a cost of ₹ 50-100 crore each.

22- Abolition of permit law will be our medium-term goal in public transport.

23- Proposed to allocated ₹ 55,000 crore for roads and highways; total investment in road sector would be ₹ 97,000 crore.

24- Shopping malls to be allowed to open on all seven days of week; a model shops and establishment bill to be circulated to states.

25- 85% of stuck road projects have been put back on track; highest ever contracts awarded in current fiscal.

26- Govt. to pay 8.33 percent towards employee pension fund.
27- Govt. to provide ₹ 500 crore for Stand Up India scheme.

28- A new health protection scheme to provide cover up to Rs one lakh per family; top up of ₹ 35,000 for people above 60 years.

29- 3,000 medical stores will be opened under Pradhan Mantri Jan Aushodi Yojana to make quality medicine available.

30- States will be encouraged to take up decentralised procurement of foodgrains.

31- Aim for 100% village electrification by May 2018.

32- ₹ 38,500 crore alocated for MGNREGA (the highest ever) – a scheme that this government had once described as a ‘living example of the failures of the Congress government.
33- For first time home buyers – additional ₹ 50000 rebate for loans upto ₹ 35 lakhs and houses that cost upto ₹ 50 lakhs

34- -PM Awas Yojna: 100% deduction for profits of undertakings from housing projects in cities during June 2016 – March 2019

35- Service tax exempted for general insurance schemes under Niramayi Swasthya Bima Yojana

36- Presumptive income tax scheme to be extended to all professionals with income of ₹ 50 lakh with a presumption of 50 percent profit.

37- Accelerated depreciation to be limited to 40% wef from Apr 1, 2017

38- Relief to those who living on rent – Rent deduction raised from ₹ 24,000 to ₹ 60,000

39- Govt will enact necessary amendments in the Motor Vehicles Act and open up the road transport sector in passenger segment

40- Comprehensive code of bankruptcy resolution of financial firms will be introduced as a bill in 2017

41- 10000 kms of national highways in 2016-17

42- Additional 50000 kms of state highways will be taken up for up gradation as national highway

43- Digital depository for school and college certificates will be set up

44- National skill development mission has trained 76 lakh youth

45- 1500 multi-skill institutes will be set up across the country

46- 1 crore youth will be imparted skills in the next 3 years

47- Govt will pay EPF contribution of 8.33% for all new employees for 1st three years for those with salaries upto ₹ 1500 pm

48- New health protection scheme – cover of ₹ 1 lakh per family, senior citizens will get an additional cover of ₹ 30000

49- National dialysis service programme will be started to provide dialysis service in all district hospital

50- ‘Stand up scheme’ to promote entrepreneurship in SC/ST and women

51- E-pashudhan haat for connecting farmers and breeders of livestock

52- Honey production has been increased to 86500 mt tonne

53- Online procurement systems under FCI to ensure that farmers get a fair price for their produces

54- GDP growth at robust 7.6%

55- PM Fasal Bima Yogna

Thanks & Regards

RAVI GARG (CS)
91-7838204665, 

Ravi Garg

  LEVY OF PENALTY OF RS. 20 LAKHS FOR NON-APPOINTMENT OF COMPANY SECRETARY BY THE MINISTRY OF CORPORATE AFFAIRS (MCA )   Matter in Line:...