Transparent Guidelines for the Competition Commission of India

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..... Transparent Guidelines for the Competition Commission of India - News and Press Release Dated:- 18-12-2013 - News - Competition Commission of India is a statutory body constituted under the Competi .....

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..... tion Act, 2002 . Government discharges such role as is assigned to it under the said Act. Power to levy penalty is vested in the Commission under Section 27(b) of the Act . This section authorizes .....

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..... the Commission to levy penalty of up to 10% of the average turnover of the last three preceding years for abuse of dominant position and anti-competitive agreements. Section 46 , however, authorizes .....

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..... the Commission to impose lesser penalty. Giving this information in written reply to a question in the Rajya Sabha, Shri Sachin Pilot, Minister for Corporate Affairs, said that to effectuate the power .....

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..... of Section 46 , the Commission has framed Competition Commission of India (Lesser Penalty) Regulations, 2009. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement .....

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..... - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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