With a view to reach out to more customers, the National Stock Exchange (NSE) is gearing-up to launch mobile trading through nearly 800 registered brokers in early-October, an NSE official said.
As you are kindly aware that the Direct Taxes Code Bill, 2010 has been introduced in the Parliament on 30thAugust, 2010. The Direct Taxes Committee of ICAI requests you to kindly send your valuable suggestions on the same.
Securities and Exchange Board of India (Sebi) has said that shares of companies in which at least 50 per cent non-promoter holding is not in the demat form will be included in the trade-for-trade (TFT) segment. It said the norm would be implemented f
The ‘easy exit scheme’ proposed by the Ministry Of Company Affairs (MCA) has received an overwhelming response from promoters who want to wind up their loss-making ventures without too many regulatory hurdles. According to MCA scrolls, 15,000 companies have hit the road to easy liquidation – about 1,815 of them being finance and investment firms.
Direct Taxes Code (DTC) proposes to do the necessary for bringing some certainty on tax treatment of a financial lease, but this is not sufficient to make it a preferred mode of finance, say industry and tax experts. The levy of multiple taxes on a f
Direct Taxes Code (DTC), 2010, proposed significant changes in the way house property income would be subject to tax, it becomes imperative for investors to take note of the changes and plan their investment decisions accordingly.
Reserve Bank of India has suspended the license of Asia’s oldest Cooperative bank: Anyonya Co-operative Bank Limited (ACBL) Vadodara(Gujarat) for six months after examining all options for their revival. RBI has also ordered to stop all transactions
The DTC proposes to increase the limit of income exempt from tax to `2 lakh from the current `1.6 lakh for individual and to `2 lakh from `1.9 lakh for working women. This will result into a minimum saving of `4,000 per annum for individuals and `1,0
In an irony of sorts, RBI gets to approve salaries of all the top-level bankers in the country, but the central bank’s top officials themselves get less than 5 per cent of what is paid to the bank chiefs.
State Bank of India (SBI) is considering the merger of all five of its remaining associate banks with itself, having amalgamated with two of them in the last two years. It (merger of other associate banks) is in my mind, but we have to see,
