Archive for August, 2009

Senior vice president or vice president post in ITAT not to be filled by promotion : CAT

The Central Administrative Tribunal (CAT) has favoured direct recruitment to the post of senior vice president or vice president in the Income Tax Appellate Tribunal (ITAT) and not through promotion.
Full Article

Corporate can Pay stamp duty online for formation of company, Increase in Authorise Share capital etc

Come September, the incorporation of companies or various regulatory filings will not be a cumbersome and time-taking exercise anymore. The government is going to start e-stamp facility that would allow corporates to deposit stamp duty electronically. From September 12, stamp duty for various instruments including Memorandum of Association, Article of Association (or incorporation of a [...]
Full Article

ITAT mumbai benches not functioning during the period 24.08.09 to 28.08.09

The following Benches will not function during the period 24.08.09 to 28.08.09:- ” A-1, B-1, E-1, J, L, WT & SMC” The cases are adjourned to respective dates. please see separate Notice.
Full Article
Tags:

Export of services (Amendment) Rules, 2009- Amendment in rule 3

Notification No. 25/2009-Service Tax, dated 19-8-2009 In exercise of the powers conferred by sections 93 and 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the Export of Services Rules, 2005, namely :­–
Full Article

ST department notified date for applicability of service tax on New services

Notification No. 26/2009-Service Tax, dated 19-8-2009 In exercise of the powers conferred by clauses (A) and (B) of section 113 of the Finance Act, 2009 (33 of 2009), the Central Government hereby appoints the 1st day of September, 2009, as the date on which the provisions of the said Act shall come into force. OUR [...]
Full Article

SEBI ruled out rolling back its order banning entry load and parity in exit loads

On Tuesday, Sebi Chairman CB Bhave met chief executive officers (CEOs) of all fund houses to take stock of the ground realities after the new guidelines.Industry sources said while the fund houses explained that the industry was still in a nascent stage and imposition of stringent guidelines would stifle its growth, the market regulator told [...]
Full Article

Direct tax code introduced stringent norms for non resident

It is indeed heartening to note that the tax rates applicable to non-resident corporates are sought to be brought at par with the domestic companies, to be taxed at the rate of 25 per cent. However, correspondingly, the concept of the branch profit tax is proposed to be introduced (which appears to be somewhat akin [...]
Full Article

SEBI reviewing timeline for converting the prefrence warrant into shares and upfront magin to be paid

Norms for preferential allotment of equity warrants are learnt to be back under the regulatory scanner, following complaints from institutional investors that this instrument is being misused by promoters.
Full Article
Page 10 of 25« First...89101112...20...Last »
Copyright © TaxGuru 2011. All Rights Reserved.
About Us - Advertise - Privacy Policy - Back to top