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Archive: 14 October 2009

Posts in 14 October 2009

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 18, 2024 5154 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 18, 2024 4416 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

CA seek investigation into his alleged extortion

October 14, 2009 561 Views 0 comment Print

Mumbai: Jayesh Sanghoi, the chartered accountant of Jaya Chedda—ex-wife of slain matka king Suresh Bhagat—has approached the Mulund metropolitan magistrate, seeking an investigation into his alleged extortion by Suresh’s brother Vinod.

Export against supply by Nominated Agencies- procedure and guidelines reg

October 14, 2009 2476 Views 0 comment Print

In order to address the difficulties in supply of gold, silver and platinum to small jewellery exporters, DGFT has included 5 more new agencies/entities as “nominated agencies” for import of gold/silver/platinum (hereinafter referred as the “precious metal”). Now the nominated agencies are as under:

Indo-American doctor convicted for $16 Million tax evasion

October 14, 2009 642 Views 0 comment Print

Indian American doctor convicted for $16 mn tax evasion Oct 9 (IANS) A federal jury has convicted an Indian American cardiologist for evading more than $16 million dollars in income taxes and filing false tax returns.

Under GST regime import will attract Goods and service tax

October 14, 2009 496 Views 0 comment Print

The Empowered Committee of State Finance Ministers has endorsed in principle the levy of GST on imports and mandated a Joint Working Group to prepare a report in four weeks on the structural changes necessary to be adopted for this purpose.

Import policy of “Mobile Handsets”

October 14, 2009 718 Views 0 comment Print

In exercise of powers conferred by Section 5, read with Section 3(2) of the Foreign Trade (Development and Regulation) Act, 1992, also read with paragraph 2.1 of the Foreign Trade Policy – 2009-2014, the Central Government hereby amends Schedule-I of the ITC (HS) Classification of Export and Import Items.

Import Policy of wild animals (including their parts and products)

October 14, 2009 832 Views 0 comment Print

In exercise of powers conferred under section 5, read along with Section 3 (2) of the Foreign Trade (Development and Regulation) Act, 1992, also read with paragraph 2.1 of the Foreign Trade Policy, 2009-14, the Central Government hereby makes the following amendments in the ITC (HS) Classifications of Export and Import Items.

Amends notification No. 21/2002-Customs Duty, Dated: 01.03.2002

October 14, 2009 304 Views 0 comment Print

The principal notification was published in the Gazette of India, Extraordinary, vide number G.S.R.118(E), dated the 1st March, 2002 and was last amended by notification No. 84/2009-Customs, dated the 31st July, 2009 which was published in the Gazette of India, Extraordinary vide number G.S.R.559(E), dated the 31st July, 2009.

RBI Circular on display and distribution of list of defaulters and suit-filed accounts

October 14, 2009 2986 Views 0 comment Print

As announced by the Hon’ble Finance Minister in his Budget Speech on February 28, 1994, in order to alert the banks and FIs and put them on guard against borrowers who have defaulted in their dues to other lending institutions, the Reserve Bank of India was putting in place arrangements for circulating among banks and FIs names of defaulting borrowers above a threshold limit.

SEBI : Revision of transaction charges by the stock exchanges

October 14, 2009 253 Views 0 comment Print

The Stock Exchanges are also advised to bring the provisions of this circular to the notice of the member brokers/clearing members of the Exchange and also to disseminate the same on the website.

From October 15 Maximum withdrawals at once from other banks ATM Rs. 10000/- subject to maximum of 5 withdrawals in a month

October 14, 2009 574 Views 0 comment Print

From October 15, a customer can take out a maximum of Rs 10,000 per withdrawal from ATMs not owned by the bank in which he has an account, and the number of such transactions would be limited to five a month.

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