The proposed Direct Taxed Code (DTC) is likely to adversely affect the exponential rise in exports from special economic zones (SEZs). Exports from SEZs rose 68 per cent during the April-June period to Rs 58,685.46 crore, compared to the correspondin
Finance Minister Pranab Mukherjee on Tuesday asked banks to put in place systems and procedures with the view to becoming global players and also promote financial inclusion.
The Convocation for the newly enrolled Members for the period from September, 2009 to February, 2010 will be held as per schedule given below with a view to inculcate a sense of belongingness and attachment with the Institute.
On 26th February 2010, the Government of India vide notification (See Note-2) invited suggestions in respect of an amendment proposed to be made regarding increase in the existing wage ceiling for coverage of employees under Employees State Insuranc
The Government will soon start releasing monthly data on outward foreign direct investments on the lines of FDI inflow figures that it makes public regularly, according to an official.The data will be released in coordination with the Reserve Bank, w
Private higher educational institutions will have to disclose their income and expenditure in a standard format and make them public in line with corporate-style accounting and auditing norms being readied by the human resource development (HRD) min
The Direct Tax Bill has proposed to introduce a new investment scheme to avail of tax exemption. In this scheme, an investor can invest up to Rs 50,000 in life insurance policies, health insurance and children’s tuition fees. One can also invest up
The Central Vigilance Commission (CVC) has denied Central Bureau of Investigation (CBI) the permission to initiate criminal prosecution against two income tax (I-T) officials for releasing diamonds impounded during a 2006 raid without proper orders.
There is a need to focus on single window clearance for speeding up the progress of Special Economic Zones, according to Mr D.K. Mittal, Additional Secretary, Department of Commerce, Government of India. Addressing the participants in an open house
Concerned over companies keeping under wraps their bad credit ratings and publicising only the favourable ones, market watchdog SEBI is mulling over ways to curb this ‘rating shopping’ menace. SEBI is considering making it mandatory for credit ratin