- Tuesday, December 23, 2008, 4:53
- Finance
Prime Minister Manmohan Singh met Reserve Bank of India Governor D Subbarao and Finance Secretary Arun Ramanathan in New Delhi on Saturday to discuss the macroeconomic situation. The meeting comes ahead of a fresh stimulus package aimed at sectors not covered in the earlier measures announced by the central bank and the government.
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- Tuesday, December 23, 2008, 4:49
- Finance
Concerned by the delay in announcement of the second economic stimulus package, the commerce ministry has asked the committee of secretaries headed by Cabinet secretary KM Chandrashekhar for speedy intervention.
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- Tuesday, December 23, 2008, 4:00
- Finance
With hacking, viruses and what-have-you attacking your computer, here is a list of do's and don'ts that you should enforce when you are using your machine. DO use passwords that are difficult to guess. Choose a password that uses a combination of characters, numbers and symbols.
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- Tuesday, December 23, 2008, 3:57
- Income Tax
Tax on rental income - The rental income is added to the taxable income and tax liability is based on the tax slabs. Up to 30 percent of rental income can be deducted towards maintenance of the rented place and for payment of property tax etc.
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- Tuesday, December 23, 2008, 3:51
- CA CS ICWA
Empanelment Form For Allotment Of Cooperative Bank Audit Panel Of Auditors For Audit Of Urban Cooperative Banks Having Deposit Exceeding Rs.25 Crores.
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- Monday, December 22, 2008, 4:57
- GST
The Government of Maharashtra has issued Trade Circular No. 41 T of 2008 dated 18.12.2008 allowing the submission of VAT Audit Reports for the Financial Year 2007-2008 in old Form No.704 also.
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- Monday, December 22, 2008, 4:46
- CA CS ICWA
Members holding Certificate of Practice (except those members who are residing abroad and senior members), unless exempted are required to (a) Complete at least 90 CPE credit hours in each rolling three year period starting from the calendar year 2008, of which 60 CPE credit hours should be of structured learning.
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- Sunday, December 21, 2008, 21:46
- Income Tax Case Laws
The very purpose of entering into agreements between the two foreigners is to acquire the controlling interest which one foreign company held in the Indian company, by other foreign company. This being the dominant purpose of the transaction, the transaction would certainly be subject to municipal laws of India, including the Indian Income Tax Act.
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