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Archive: 16 December 2010

Posts in 16 December 2010

List of Notified Industrial Parks from 16-9-2010 till date -Section 80-IA(4)(iii) of the Income-tax Act, 1961

December 16, 2010 663 Views 0 comment Print

Section 80-IA(4)(iii) of the Income-tax Act, 1961 – Deductions – Profits and gains from Industrial Infrastructure Undertakings, etc. – List of notified Industrial Parks from 16-9-2010 till date

PPF account of HUF can not be extended beyond 15 Years

December 16, 2010 9754 Views 11 comments Print

an account opened on behalf of a Hindu Undivided Family prior to the 13th day of May, 2005, shall be closed after expiry of fifteen years from the end of the year in which the initial subscription was made and the entire amount standing at the credit of the subscriber shall be refunded, after making adjustments

Sebi refuses Raju's cross-examination by Price Waterhouse

December 16, 2010 282 Views 0 comment Print

Market regulator Sebi today rejected the request of Price Waterhouse Bangalore lawyers to let them cross-examine the disgraced founder-chairman of Satyam Computer Services B Ramalinga Raju and his associates, accused in the Rs 14,000 crore accounting

Strengthening of National Advisory Committee on Accounting Standards

December 16, 2010 312 Views 0 comment Print

The Minister of Corporate Affairs, Shri Salman Khurshid, recently informed the Parliament that the Parliamentary Standing Committee on Finance has recommended that the National Advisory Committee on Accounting Standards (NACAS) may be institutionaliz

Modification of Central Capital Investment Subsidy Schemes for MSMEs of Jammu and Kashmir

December 16, 2010 276 Views 0 comment Print

The Cabinet has approved modifications in the Central Capital Investment Subsidy Schemes under the industrial packages available to J&K and the North Eastern Region (NER) in so far as they apply to MSME sector. Under the modified scheme, the Capital

Conditions and modalities for registration of contracts of cotton with DGFT

December 16, 2010 250 Views 0 comment Print

It was the decision of meeting of Group of Ministers that 55 lakh bales of cotton should be allowed for export during the cotton season 2010-11. Actual exports commenced from 1st Nov.2010 under the EARCs granted by Office of Textile Commissioner, Mumbai, giving a time of 45 days to make such exports. It has been brought to the notice of Govt. that actual exports under such registered contracts are much less than the quantity approved by GoM.

Registration of contracts for export of cotton by the Directorate General of Foreign Trade-regarding

December 16, 2010 447 Views 0 comment Print

The export contracts of cotton (Tariff Codes 5201, 5202 & 5203) will now be registered by the Directorate General of Foreign Trade. Earlier, such registration were with Textile Commissioner, Mumbai.

Amendments to the Equity Listing Agreement- CIR/CFD/DIL/10/2010

December 16, 2010 741 Views 0 comment Print

While the existing clause 5A in the equity listing agreement addresses and resolves the practical difficulties of companies which have issued shares in electronic mode; it does not address the difficulties faced by companies which had in the past issued shares in physical mode.

ICSI National Award for Excellence in Corporate Governance- 2010 to be Conferred Tomorrow

December 16, 2010 414 Views 0 comment Print

The Institute of Company Secretaries of India (ICSI), functioning under the aegis of the Ministry of Corporate Affairs, will be organizing the 10th ICSI National Award for Excellence in Corporate Governance here tomorrow at SCOPE Convention Centre. F

Freedofrom British Only to Be Slaves of Ourselves- The Menace of Corruption- Must Read

December 16, 2010 372 Views 0 comment Print

In 1922, the noted freedom fighter Mr. C. Rajgopalachari wrote in his prison diary that

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