"27 December 2008" Archive

Power of IT Authorities to Conduct Survey in Premises of a CA Lawyer/Tax Practitioner of an Assessee

14018 of 2008 (29/10/2008)

The IT authority does not assume any power to enter the business premises/Office of the CA/Lawyer/Tax Practitioner to conduct survey under section 133A of IT Act in connection with survey of the premises of their client unless the client state in the course of survey that his books of account/documents and records are kept in the office o...

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Posted Under: Income Tax |

Railway Enquiry and Cricket Score SMS at Normal Charges with Google

Get cricket scores, Indian Railways train schedules & ticket status, horoscopes, movie show times, restaurant information and more ...all through SMS on your phone. Best of all, you don't pay a premium charge for any of this, just the price of a standard SMS. Try it out! Simply send your search query by SMS to 9773300000 and we'll send yo...

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Posted Under: Income Tax |

Credit Card Comparator from Apnaloan.Com

This credit card comparator gives you everything about literally every card available in India. One hundred and ninety two different credit cards available in the country today. One hundred and ninety two different combinations of benefits, freebies, reward points, practically everything except the keys to the bank....

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Posted Under: Income Tax |

No Further Change Likely In ECB Policy

(27/12/2008)

External commercial borrowing (ECB) norms are not likely to be relaxed any further soon, sources in the finance ministry indicated on Friday. Can you think of any other relaxation?" asked a senior finance ministry official in reply to a question on the possibility of easing ECB norms more....

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Posted Under: Income Tax |

Interest Rates to Slip to Single Digit In 2009

Volatility in lending and deposit rates witnessed during the year is expected to end in 2009 with interest rates seen to be going down, due primarily to an easy monetary stance being pursued by the Reserve Bank of India] to push growth....

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Posted Under: Income Tax |

Dial This Helpline for Diagnostic Services

A resident of Pune, Vikram Som fractured his leg. But instead of going through the hassle of visiting a hospital for an X-Ray, waiting in a long queue and then returning to fetch the report in the evening, he simply called the STAT 24x7 helpline. He scheduled the X-Ray appointment which was done in the confines of his home at his convenie...

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Posted Under: Income Tax |

Govt May Scale Down Indirect Tax Target

The government is likely to revise downwards indirect tax collections target for the current financial year by at least Rs 20,000 crore (Rs 200 billion), because of cut in industrial production due to the global economic slowdown and duty sops....

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Posted Under: Income Tax |

Farm loan waiver may not trigger defaults – RBI

The farm loan waiver scheme may not trigger a tendency among farmers to default intentionally, Amarendra Sahoo, chief general manager, rural planning and credit department, Reserve Bank of India , said on Thursday. "The farm loan waiver may not impact. Some farmers may wilfully default. But genuine people will repay loans," Sahoo said. Ma...

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Posted Under: Income Tax |