- Saturday, July 17, 2010, 9:34
- Finance
- 2 views
Futures Trading in Commodity is a natural outgrowth of the problems of maintaining and managing supply of Agricultural Products and other commodities. Worldwide there are many exchanges operating in commodity futures. It has a very long history in today’s world, the first exchange "The Chicago Board of Trade" (CBOT) was established in 1848 for trading in commodity futures. In 1880 and 1890 the New York Coffee, Cotton and Product Exchanges became operative.
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- Thursday, October 1, 2009, 8:43
- SEBI
- 3 views
Press Note No. 7 (2009), dated 26-9-20091. Government of India had laid the guidelines for foreign investment in Commodity Exchanges vide Press Note 2(2008) dated 12th March 2008. As per the guidelines, a composite ceiling for foreign investment of 49% was allowed with prior Government approval, subject to the condition that investment under the Portfolio [...]
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- Wednesday, May 14, 2008, 5:02
- Service Tax
- 40 views
Finance Bill 2008 stands enacted with effect May 10, 2008. In case of transactions between Associated Enterprises, service tax is required to be paid on actual receipt of money for taxable service or on crediting / debiting the account whichever is earlier effective from May 10, 2008. Seven new services came into effect from May 16, 2008 in the net of service tax.
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