CBDT issues draft notification seeking inputs for framing of rules with respect to Fund Manager Regime under Section 9A of the I.T. Act, 1961

Section 9A of the Income-tax Act, 1961 (the Act) provides for a special taxation regime in respect of certain offshore funds in the context of their fund managers being located in India. It is provided that in case of an eligible investment fund, the fund management activity carried out through an eligible fund manager acting on behalf of such fund shall not constitute business connection in India of the said fund.

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India’s first HAM project in sewerage sector, the 14 MLD STP at Sarai, Haridwar completed before time

Their Majesties, King Carl XVI Gustaf and Queen Silvia of Sweden,Chief Minister of Uttarakhand, Shri Trivendra Singh Rawat, Union Minister of Jal Shakti, Shri Gajendra Singh Shekhawat, Dr. Maja Fjaestad, Secretary of State, Sweden, Mr. KlasMolin, Ambassador of Sweden to India, Shri Rajiv Ranjan Mishra, Director General, NMCG, and Ms. Monika KapilMohta, Ambassador of India to Sweden, inaugurated the 14MLD Sewage Treatment Plant (STP) at Sarai in Haridwar today.

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Shri Dharmendra Pradhan experiences hydrogen fuel cell car;  

Union Minister of Petroleum and Natural Gas and Steel, Shri Dharmendra Pradhan experienced the test drive of Hydrogen Fuel Cell based car manufactured by Toyota Kirloskar in Shri Dhyan Chand National Stadium here today.

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Re-Employment of Ex-Servicemen

Directorate General Resettlement (DGR)  maintains data on registration of Ex-servicemen (ESM) for employment and their placement on Half Yearly basis based on data received from Rajya Sainik Boards (RSBs)/Zila Sainik Boards(ZSBs) across the country.

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Defence Startups

194 Start-ups are currently registered with Start-up India operating in the Aeronautics, Aerospace & Defence sector

Innovations for Defence Excellence (iDEX) framework was launched with the aim to achieve self-reliance and to foster innovation and technology development in Defence and Aerospace Sector by engaging Industries including MSMEs, start-ups, individual innovators, R&D institutes and academia.

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