"23 December 2008" Archive

Companies (Central Government's) General Rules and Forms (Sixth Amendment) Rules, 2008 (Notification of revised Forms 21 & 23)

Notification No. G.S.R. 872(E) (23/12/2008)

In exercise of the powers conferred by sub-section (1) of section 642 read with section 6108 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules to amend the Companies (Central Government's) General Rules and Forms, ...

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SEBI :(Regulation) (Manner Of Increasing and Maintaining Public Shareholding in Recognised Stock Exchanges) (Amendment) Regulations, 2008

Notification No. LAD-NRO/GN/2008/30/148262 (23/12/2008)

No person shall, directly or indirectly, either individually or together with persons acting in concert with him, acquire and/or hold more than five per cent. of the paid up equity capital of a recognised stock exchange after commencement of these regulations, unless he is a fit and proper person and has taken prior approval of the Board...

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Notification No. 111/2008-Income Tax Dated 23/12/2008

Notification No. 111/2008-Income Tax (23/12/2008)

Notification No. 111-Income Tax In exercise of the powers conferred by section 295 read with section 285BA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962 namely :— 1. (1) These rules may be called the Income-tax (Eleventh A...

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Notification No. 110/2008-Income Tax Dated 23/12/2008

Notification No. 110/2008-Income Tax (23/12/2008)

Notification No. 110-Income Tax In exercise of the powers conferred by sub-section (1) of section 269B of the Income-tax Act, 1961 (43 of 1961), the Central Government, in supersession of all the earlier notifications on the subject, except as respects things done or omitted to be done under those notifications, hereby authorizes every Jo...

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Banks' accounts under scanner for deductions clamied

Concerned at the government's 'revenue loss' due to giving 'large deductions' while calculating the income tax payable by banks, tax authorities have decided to scan the accounts of lenders, including foreign banks, in minute detail....

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Posted Under: Company Law |

Centre further relaxes ban on cement exports

The government on Saturday relaxed the ban on export of cement in the backdrop of waning demand for this crucial construction input from the real estate sector. The ban was imposed on April 11 this year to curb the rapidly-rising inflation....

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Posted Under: Company Law |

Why our banks need to be less lazy

The use of monetary policy to stabilise growth has always been subject to concerns about effectiveness, often described as 'pushing on a string.' The central bank can lower rates and inject liquidity all it wants, but these measures will only have the desired impact if they translate into lower lending rates and larger flows of credit fro...

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Posted Under: Company Law |

RBI not done with Rate cuts

Prime Minister Manmohan Singh met Reserve Bank of India Governor D Subbarao and Finance Secretary Arun Ramanathan in New Delhi on Saturday to discuss the macroeconomic situation. The meeting comes ahead of a fresh stimulus package aimed at sectors not covered in the earlier measures announced by the central bank and the government....

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Posted Under: Company Law |

Commerce ministry wants speedy stimulus package

Concerned by the delay in announcement of the second economic stimulus package, the commerce ministry has asked the committee of secretaries headed by Cabinet secretary KM Chandrashekhar for speedy intervention....

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Posted Under: Company Law |

Do's and don't's when you are using Internet

With hacking, viruses and what-have-you attacking your computer, here is a list of do's and don'ts that you should enforce when you are using your machine. DO use passwords that are difficult to guess. Choose a password that uses a combination of characters, numbers and symbols....

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Posted Under: Company Law |
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