TMI BlogTransparent Guidelines by CCIX X X X Extracts X X X X X X X X Extracts X X X X ..... Transparent Guidelines by CCI - News and Press Release Dated:- 18-7-2014 - News - Competition Commission of India is a statutory body constituted under the Competition Act, 2002 . Government discha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rges 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 the Commission to levy penalty o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f upto 10% of the average turnover of the last three preceding years for abuse of dominant position and anti-competitive agreements. Section 46 , however, authorizes the Commission to impose lesser p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... enalty. To effectuate the power of Section 46 , the commission has framed Competition Commission of India (Lesser Penalty) Regulations, 2009 to serve as guidelines in the matter. This was stated b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y Minister of Corporate Affairs, Shri Arun Jaitley in a written reply to a question in Lok Sabha today. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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