- Friday, November 26, 2010, 7:24
- SEBI
- 1 views
Learning from the recent financial crisis, a Sebi committee, which was set up to look into different aspects of stock exchanges and related intermediaries like depositories and clearing corporations, has suggested a substantial increase in the net worth requirement for such entities.
Full Article
- Friday, January 22, 2010, 22:48
- Finance
- 72 views
The Core Group, constituted by the Ministry of Corporate Affairs for convergence of Indian Accounting Standards with International Financial Reporting Standards (IFRS) from April, 2011, that held its meeting on 11th January 2010 agreed that in view of the roadmap for achieving convergence, there will be two separate sets of Accounting Standards u/s Section 211(3C) of the Companies Act, 1956.
Full Article
- Wednesday, September 2, 2009, 2:52
- GST
- 95 views
Trade Circular No. 24 T of 2009, No. : – ACST/VAT 01/ Refunds/ Mumbai, Dt : 29th August 2009 Subject: - Grant of refund under MVAT Act to specified category of dealers – Modifications/clarifications Gentlemen /Sir /Madam, 1. This office had earlier issued Trade Circular No. 19 T of 2008 Dt. 23.05.2008, Trade Circular [...]
Full Article
- Wednesday, August 19, 2009, 2:45
- Income Tax
- 51 views
As per the changes proposed by the new code, a non-profit organisation will have to pay tax at a rate of 30% as per its net worth when it converts itself into an entity that does not qualify as a non-profit organisation. In fact, tax would be levied even if it fails to transfer upon [...]
Full Article