The provisions of the Companies Bill are set to bring the Securities & Exchange Board of India (SEBI) and the ministry of corporate affairs (MCA) in conflict with each other in a number of areas such as insider trading, independent directors
Corporate Affairs Minister Salman Khurshid today exuded confidence that the revised Companies Bill will be tabled in Parliament by the Budget session at the latest. We are trying to bring it (Companies Bill) in the Winter session,
Foreign institutional investors (FIIs) can breathe easy with the Direct Taxes Code (DTC) Bill, 2010 proposing that their income be taxed as capital gains rather than business income. Opinion is divided on whether this will end the uncertainty over FI
The powers of the Central Board of Direct Taxes (CBDT) have been reinstated in the Direct Taxes Code (DTC) Bill. The first draft of DTC had proposed to strip the board of its powers to issue certain communications and restricted its role to merely a
A local court on Friday allowed the petition of a former Satyam employee, accused in the multi-crore accounting scam, to plead his case on his own. The XXI Additional Chief Metropolitan Magistrate court allowed the petition of G Ramakrishna, who wor
Any individual being a resident in India, who is of the age not exceed sixty-five Any individual being a resident in India, who is of the age not exceed sixty-five 1 Where the total income does not exceed Rs. 160000 NIL 1 Where Total income does no
The government banks on the support of the Bharatiya Janata Party (BJP) to push the Insurance and LIC Bills in the next Parliament session, but it seems to have adopted different tactics on the Goods and Services Tax (GST) Bill.
The government is determined to implement a policy intended to give those displaced by mining a share in the profits of the miners despite a less than enthusiastic response from industry, the minister for mines said on Thursday.
If one was to trace the key milestones in the evolution of service taxation in the country, reference will have to be made of import and export rules for services. Equally important and which probably should have been introduced much earlier, are the
The new Companies Bill, which is likely to be tabled in the Winter Session of Parliament, will contain provisions to rule out a recurrence of the Satyam episode which shattered the confidence of India Inc, Minister of State for Corporate Affairs Salm
