Saraf committee on technological issue group members. Chakravarty committee on monetary policy 1985 wikipedia. The second report on the transfer pricing safe harbour recommendations has been released now. The cabinet approved the recommendations of the committee with alacrity and the ministry of minority affairs was made the nodal. Gds committee recommendations on wage structure and. The government had constituted a committee on august 3, 2012 under the chairmanship of mr. Establishment of an electronic funds transfer eft system, with the banknet communications network as its carrier.
A proper application of psm would necessitate the availability of adequate and reliable data with regard to profits attributable to various functions, risks and geographies, said the first report of the. This is summary of shanta kumar committee report on fci, the high level committee hcl on restructuring of food corporation of india fci, major issue before the committee was how to make the entire food grain management system more efficient by reorienting the role of fci in msp operations, procurement, storage and distribution of grains. The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank and other financial accounts. The report which was presented to the prime minister on 17 november 2006 and was tabled in parliament on 30 november 2006 has twelve chapters. Rangachary, former chairman central board of direct taxes cbdt and the insurance regulatory and development authority the committee to look into issues impacting the it sector.
The committee had stressed the need to pursue price stability as the primary objective of the monetary policy. The mandate of the cfsr has been to outline a comprehensive agenda for the evolution of the financial sector. This is the reason why these committees are also asked in every banking related exam. Rangarajan committee 2008, report of the committee on. Enactment of suitable legislation on the lines of the electronic funds transfer act 1978, usa and data protection act 1984, uk. To boost the information technology sector, the rangachary committee has recommended that the profit split method psm, which leads to higher taxation, should be used with extreme care and cautions. The gaar report was submitted on 1 september 2012 to the finance minister of india by the shome committee constituted by the central board of direct taxes, after the approval of prime minister of. The committee was constituted to suggest recommendations for strengthening border protection and addressing the issue of gaps and vulnerability in border fencing along indiapakistan border. Aug 16, 20 the draft rules along with the second to the sixth report of the rangachary committee have been posted on the website of the incometax department. It also realised that ramazan fasts were to last till 23 october followed by eidulfitr interspersed with diwali causing a little deflection in its work. The report delineates a hundred small steps to reform indias financial sector.
Gds committee recommendations on wage structure and fixation of wages. Some important recommendations made by chakravarty committee. The committee, thus, felt that the report could be open to the criticism of being based on old or insufficient data. Madhukar committee important recommendations list pdf for ias. The committee, which was appointed by prime minister manmohan singh, was headed by former chief justice of the delhi high court rajinder sachar, as well as six other members. Cbdt invites suggestions from stakeholders on safe harbour. The committee setup by the government to examine some of the issues relating to taxation of income of persons engaged in the it sector is glad to furnish its first report on some of these issues. The committee, which submitted its report in april 1985, believed that price stability was essential. Thus, in the report, the committee has not used the data received from the armed forces. Prime minister directs department of revenue to make public. Gaar report submitted by the shome committee to the finance. Final report on general anti avoidance rules gaar in income. Insurance regulatory and development act 1999 in 1993, the government set up a committee under the chairmanship of rn malhotra, former governor of rbi, to propose recommendations for reforms in the insurance sector.
The draft rules along with the second to the sixth report of the rangachary committee have been posted on the website of the incometax department. Rangarajan committee report on poverty measurement another. Rangachary panel report on taxation of it sector made public rangachary committee has recommended that the profit split method psm, which leads to higher taxation, should be used with extreme care and caution. To examine the recommendations made by the trai on pricing of spectrum. Rangarajan committee 2008, report of the committee on financial inclusion, government of india. Now, what i was quite taken aback in the rangachary committee report is that they think or according to that report, the entire cost of funds and the opportunity earnings around that they premise. Srinivasa prasad said he is the final authority on the issue of implementing a t ramaswamy committee report and state government is determined to retrieve all its land illegally held by the people. With the committee, m3 is the favored measure of m, and not m1. First report of the rangachary committee on development centres was already posted on 30. A short note on the recommendations of malhotra committee on. Gk, general studies, optional notes for upsc, ias, banking, civil services. Download rangachary committee report on taxation of infotech. Madhukar committee important recommendations list pdf.
Download rangachary committee report on taxation of. Download transfer pricing draft safe harbour rules 123. Therefore, takshila learning has compiled this list of all important banking committees. Pm asks revenue dept to make rangachary report public. A holistic view of knowledge, as advocated above, would demand a regulatory system which treats the entire range of educational institutions in a holistic manner. Download second to sixth report of the rangachary committee. Madhukar committee important recommendations list pdf for ias a high powered committee of the national security council, headed by former home secretary madhukar gupta presented its report on india pakistan border to union home minister rajnath singh in new delhi. A high powered committee of the national security council, headed by former home secretary madhukar gupta presented its report on india pakistan border to union home minister rajnath singh in new delhi. Analysing the raghuram rajan committee report on financial. The objective was to complement the reforms initiated in the financial sector.
Srinivasa prasad said he is the final authority on the issue of implementing a t ramaswamy committee report and state government is determined. Jun 30, 20 the committee setup by the government to examine some of the issues relating to taxation of income of persons engaged in the it sector is glad to furnish its first report on some of these issues. Former delhi metro chief e sreedharan, who is heading a oneman committee for delegation of commercial powers for railway projects to lower levels of bureaucracy, on wednesday submitted the final report on the matter to railway minister suresh prabhu. As regards the problems specificto the credit cooperatives, the same have been dealt with in detail in the vaidyanathan committee report. Gds committee recommendations on wage structure and fixation. It also requested the committee not to use the data which had already been sent to the committee by the air force and navy. We sincerely apologise for this and thank the ministry for extending the period. The committee submitted its first report to the government on 14th.
The key recommendations of the yashpal committee report is the following. Rahul kumar 11020241094 sanjay kumar 11020241127 ankit. Report of the high powered committee on cooperatives. Some important recommendations made by chakravarty. Apr 23, 2011 the report of the rangarajan committee is summarized as follows. A short note on the recommendations of malhotra committee. Report of the national statistical commission 5th sept,2001. Sreedharan submits final report on decentralisation of.
The gramin dak sevaks gdss are part timers and presently engaged by the department for a minimum period of 3 hours and a maximum period of 5 hours in a day predominantly in gds post offices and wages are paid to them accordingly. Prime minister manmohan singh has asked finance ministry to make public the rangachary committee report on taxation of the it sector. They also pointed to the utter failure of delhi police in controlling the riots. In order to boost the it sector, rangachary committee has recommended that the profit split method, which leads to higher taxation, should be used with extreme care and caution. The first report on taxation of development centers and the lt sector was released in july 20. Rangachary committee has recommended that the profit split method psm, which leads to higher taxation, should be used with extreme care. The committee s point of view was that this method of monetary targeting would bind the reserve bank and the government of india in a common effort to achieve the desired growth in money supply. Chakravarty submitted its report to the rbi in april 1985. Thus, on the committees recommendation, you very kindly extended the. The committee was to identify areas of intervention by the government to address the relevant issues relating to the social, economic and educational status of the muslim community. Relevant part of mat ind as committee report dated 17th june, 2017 containing recommendations regarding amendment to provisions of section 115jb of. The madhukar gupta committee on border protection has submitted its report to the union ministry home affairs mha. A proper application of psm would necessitate the availability of adequate and reliable data with regard to profits attributable to various functions, risks and geographies, said the first.
In march 2005, within six months of the united progressive alliance upa government coming to power, the sachar committee, was set up to analyze the conditions of muslims in india and suggest ways to ameliorate their socioeconomic and educational conditions. Rani jadhav committee report nov 2014 345 pages by. Its goal was to improve monetary regulation, a feat that was hoped would enable price stability. Jan 21, 2017 gds committee recommendations on wage structure and fixation of wages. Sreedharan, former managing director, delhi metro rail corporation new delhi. Gaar report submitted by the shome committee to the. Several eminent tax professionals are a part of the committee. The ministry of home affairs had constituted a committee under the chairmanship of former home secretary madhukar gupta in april 2016, for strengthening. The committee prepared a 403page report and presented it to the lok sabha, the lower house of the indian parliament, on 30 november 2006, 20 months after obtaining the. Expert panel report tiol tax news, gst, income tax, service. The first report of the committee made public recently. The sukhamoy chakravarty committee was formed in december 1982 under the chairmanship of prof. The report, the sources said, noted that inflammatory speeches made by some bjp leaders in the presence of police officers led to the clashes.
Raghuram rajan committee on financial sector reforms hereafter cfsr has placed its draft report on the planning commission web site for public debate. The press release also underlined the following grounds for seeking resolution of. Jan 11, 2017 a short note on the recommendations of malhotra committee on insurance sector,, insurance regulatory and development act 1999 in 1993, the government set up a committee under the chairmanship of rn malhotra, former governor of rbi, to propose recommendations for reforms in the insurance sector. The second report on the transfer pricing safe harbour recommendations has. Micr clearing be introduced at all centres with more than 100 bank. Sukhamoy chakroborty to assess the functioning of the indian monetary system. Two other features of the design of monetary policy by the committee. Rangarajan committee report on financial inclusion gktoday. The report of the rangarajan committee is summarized as follows. The committee submitted its first report to the government on 14th september, 2012 covering issues listed in the terms of reference of the committee, except the following. Hence, some or the other committee appears in news now and then. For dissemination of credit information anil kaushal committee.
Summarised sachar report on status of indian muslims. Monitoring your organizations systems for budgeting, record keeping, financial reporting and safeguarding assets is generally more than a volunteer treasurer or fulltime executive director can do or should do by him or herself. Pm asks revenue dept to make rangachary report public the. A factfinding committee of the congress on monday submitted a report on the delhi violence to party president sonia gandhi.
First report of rangachary committee on taxation of. Government is bound by at ramaswamy committee report on. Rangarajan committee report on poverty measurement another lost opportunity article in economic and political weekly august 2014 with 5,425 reads how we measure reads. For reforms relating to non banking financial companies nfbc aditya puri committee. Final report of the committee constituted for formulating accounting standards for the purposes of notification under section 145 2 of the incometax act, 1961. Its report on the other issues will follow in due course. In chapter 3 of its report, the committee examines the recommendations made by the anti ragging committee constituted by the ugc. The cabinet approved the recommendations of the committee with alacrity and the ministry of minority. High powered committee on cooperatives in addition to the above, there is also a serious problem of a large number of cooperatives that are sicknon viable. Sep 20, 2012 the gaar report was submitted on 1 september 2012 to the finance minister of india by the shome committee constituted by the central board of direct taxes, after the approval of prime minister of. Every banking recruitment aspirant must have working knowledge of these important banking and finance committees and their purposes to confidently answer such questions asked in interviews as well.
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