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As such, a higher rate of SDA for them is justified". [2]: p 353 para 8.17.117 The Special Duty Allowance (SDA) at 30 percent of the pay, for an Indian Police Service Officer with 13 years service works out Rs 35,550 , 14 years of service to Rs 39,330, for 17 years service to Rs 43260, and for 22 years service to Rs 54,660.
It makes it a legal obligation for children and heirs to provide maintenance to senior citizens and parents, by monthly allowance. It also provides simple, speedy and inexpensive mechanism for the protection of life and property of the older persons. After being passed by the Parliament of India, it received President's assent on December 29, 2007.
By virtue of the SARFAESI Act 2002, the Reserve Bank of India has the authority to register and regulate Asset Reconstruction Companies (ARCs). Under this act secured creditors (banks or financial institutions) have many rights for enforcement of security interest under section 13 of SARFAESI Act, 2002.
The Act added Chapter IVA Section 15A (the rights of victims and witnesses), and defined dereliction of duty by officials and accountability mechanisms more precisely. It added several new offences in Section 3 and (bizarrely) renumbered the entire section since the recognised crime almost doubled.
Amarchand & Mangaldas & Suresh A Shroff & Co or AMSS in short, was the largest law firm in India with headquarters in Delhi and Mumbai. It had offices in 8 cities, namely New Delhi, Mumbai, Bengaluru, Ahmedabad, Hyderabad, Kolkata, Chennai and Pune. [2] [3] In 2013, the firm had nearly 600 lawyers including 85 partners. [4]
Securities and Exchange Board of India Act: 1992: 15 Cess and Other Taxes on Minerals (Validation) Act: 1992: 16 National Commission for Minorities Act: 1992: 19 Foreign Trade (Development and Regulation) Act: 1992: 22 Special Court (Trial of Offences Relating to Transactions in Securities) Act: 1992: 27 Rehabilitation Council of India Act ...
Revenue intelligence: On the indirect tax side, Directorate of Revenue Intelligence, i.e., DRI (for custom duty evasion, smuggling etc.) and Directorate General of GST Intelligence, i.e., DGGI (for GST evasion) are the agencies which are responsible for the collection of intelligence regarding evasion and smuggling of indirect taxes and also ...
Securities Appellate Tribunal is an Indian statutory and autonomous body created to hear appeals against the orders of India's main financial regulators.The presiding officer and other members of the Board are elected by the selection committee of the Prime Minister of India.