- Tuesday, November 10, 2009, 14:36
- SEBI
- 11 views
SMEs, which depend on expensive loans and stocks and raise money from the public. As part of its efforts to encourage SMEs to go public, the Securities and Exchange Board of India (Sebi) on Monday exempted them from the usual eligibility norms applicable for initial public offerings (IPOs) and follow-on public offerings. These norms include a minimum pre-issue networth and profit-making track record.
Full Article
- Monday, September 7, 2009, 0:53
- CA CS ICWA
- 12 views
An Important Announcement for Students of Erstwhile Intermediate/ Professional Education (Course – II)/ Professional Competence Course (PCC) who have mean while converted to Integrated Professional Competence Course (IPCC) – relaxation of nine months study course period to appear in the Integrated Professional Competence Course (IPCC) to be held in November, 2009.
Full Article
- Saturday, July 11, 2009, 11:19
- Income Tax Case Laws
- 43 views
SUMMARY OF CASE LAW Where all the employees of the assessee-company were posted for a continuous period of 28 days on Rigs, which was more than the minimum period of 15 days stipulated in rule 6DD(j) and they were not maintaining any bank account there, the payments by way of salary made to them by [...]
Full Article
- Monday, December 24, 2007, 9:57
- Income Tax
- 137 views
The definition of the term `Asset' includes any building, whether it is used for residential or commercial purposes or for the purpose of maintaining a guesthouse. WEALTH TAX is a tax on the value of wealth owned by a person, levied under the Wealth Tax Act. The tax is levied @ 1 per cent on the amount of wealth as on 31st March of every year, where such amount exceeds Rs.15,00,000. This is similar to the basic exemption limit of Rs.1,00,000 provided under the Income Tax..
Full Article