Industry chambers today strongly pitched for corporates entering the banking space, with all of them stating that a lower capital requirement would be detrimental in the long-run and that deep-pocket industrial houses with good track record be given
Smaller companies in computer services, real estate and trade activities are embracing the limited liability partnership structure in a big way, while large professional firms are staying away due to a lack of regulatory clarity on issues such as sta
India would intervene in the foreign exchange markets if needed to maintain stability, the central bank’s governor said during a panel discussion at the International Monetary Fund in Washington on Saturday.
The Reserve Bank today said it will issue new coins of Rs 5 and Rs 2 to commemorate the ongoing Commonwealth Games in New Delhi. “The RBI will shortly put into circulation coins of Rs 5 and Rs 2 with the theme ‘XIX Commonwealth Games, 2010-Delhi,” t
A member is not prohibited from gifting any amount to the society for the objects of the society. The principle of mutuality would not cease on account of these aspect. At the highest, authorities under the Co-operative Societies Act and Rules if any action is taken may direct an additional amount to be refunded. In our opinion, therefore, contribution by way of non occupancy charges, principle of mutuality would apply and consequently,
This circular is issued in exercise of the powers conferred under Section 11 read with Section 11A of the Securities and Exchange Board of India Act, 1992.
The principal rules were published tide number G.S.R. 649(E), dated the 19th October. 2006 and were last amended vide number (3.S.K. 765(E). dated 29th March, 7007.
India’s Finance Minister Shri Pranab Mukherjee has won this year’s award for Finance Minister of the Year for Asia. This year’s award is based on nominations from public and private sector economists, analysts, bankers, investors and other experts.
Difference of opinion among some states with regard to the Goods and Services Tax (GST) scheme for the country was being narrowed down and the Constitutional Amendment Bill is likely to be placed in the winter session of Parliament. This was stated b
The government has rationalised the service tax liability on sellers and distributors of lottery tickets by giving them the option to pay tax at flat rate based on the face value of tickets.
