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PAN Mandatory for Cash Transaction Over Rs 50,000

New Delhi (ABC Live):The Government is committed to curbing the circulation of black money and widening of tax base. To collect information of certain types of transactions from third parties in a non-intrusive manner, it is mandatory under Rule 114B of the Income-tax Rules to quote PAN where the transactions exceed a specified limit. In case of transactions of sale ... Read More »

Modi Tries to Get Good Governance Ideas from Red Tape

New Delhi (ABC Live): The Prime Minister, Shri Narendra Modi, today interacted with Secretaries to the Government of India, for over 70 minutes. In course of the interaction, the Prime Minister appreciated the work done by the Secretaries over the last year and a half. He said that the vast expertise of the Secretaries in various domains of the governance, ... Read More »

JNNURM Vs AMRUT for Smart Cities in India

New Delhi (ABC Live):Smart Cities in India: The New Year 2016 is set to be a landmark in the annuls of urban development in the country with the announcement of first batch of 20 Smart Cities in India early next month besides the new initiatives of the Union Government under new urban missions launched this year taking effect. Evaluation of ... Read More »

National Biotechnology Development Strategy

New Delhi (ABC Live):The National Biotechnology Development Strategy -2015-2020 was unveiled by the Union Minister for Science & Technology and Earth Sciences, Dr. Harsh Vardhan in New Delhi on December 30, 2015 .  The Strategy aims to establish India as a world-class bio-manufacturing hub.   It intends to launch a major mission, backed with significant investments, for the creation of new ... Read More »

India,Canada Cooperation in Higher Education

New Delhi (ABC Live): Cooperation in Higher Education : The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for renewal of Memorandum of Understanding (MoU) between India and Canada for cooperation in Higher Education. The MoU will help to intensify existing partnerships between India and Canada in the field of Higher Education. Background: A Memorandum ... Read More »

India-Slovenia to Sign Avoidance of Double Taxation Treaty

New Delhi (ABC Live): Avoidance of Double Taxation Treaty : The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the signing of a Protocol amending the Convention between India and Slovenia for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income. The amendment in the Protocol will broaden ... Read More »

India, Maldives to exchange Information on Tax Evasion

New Delhi (ABC Live): Information on Tax Evasion : The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the signing and ratification of an Agreement for the exchange of information between India and Maldives with respect to taxes. The Agreement will stimulate effective exchange of information between the two countries which will help curb tax evasion ... Read More »

Bloomberg Philanthropies to Make Indian Cities Smart

New Delhi (ABC Live): The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its approval for signing of a Memorandum of Understanding between the Ministry of Urban Development and Bloomberg Philanthropies  (BP), New York to support the development of Smart Cities. The proposal entails Bloomberg Philanthropies to work as Knowledge Partner and support the development ... Read More »

CPWD Signs MoU with SINTEF for Road Research

New Delhi (ABC Live): CPWD :The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the signing of a Memorandum of Understanding (MoU) between SINTEF, Norway and Central Public Works Department ,CPWD for cooperation in the development of human resource capacity building and scientific research in the field of Recycling of Construction and Demolition (C&D) Waste in India. ... Read More »

India Energy Security Though Nuclear Power in 2015

New Delhi (ABC Live): India Energy Security: The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi took note of the administrative arrangements for implementing the India-Australia Civil Nuclear Cooperation Agreement that came into force on 13th November, 2015. The fuel supply arrangements with Australia will bolster energy security by supporting the expansion of nuclear power in India. Under ... Read More »