"December, 2010" Archive - Page 30

IRDA Plan To Introduce Demat Account For Insurance Policies

NA (16/12/2010)

From January, you can handle your insurance needs with an insurance account number with more speed and convenience, thanks to a new initiative of the Insurance Regulatory and Development Authority (IRDA). The Authority is working on introducing insur...

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Revenue Collections from Indirect Taxes Increases by 42.3 percent During April – November 2010

Revenue collections from indirect taxes i.e., Customs, Central Excise and Service Tax Revenue (Provisional) for the first eight months i.e., April –November 2010 of the current financial year 2010-11 has increased to Rs. 2,07,756 crore which is 42.3%...

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Posted Under: Corporate Law |

Announcement regarding ISA AT to be held in Dec 2010

The Committee on Information Technology, has introduced, New Syllabus, with effect from April 2010 for which first Assessment Test will be held in Dec 2010. It has been decided that the members already registered for the ISA course prior to April 2...

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Posted Under: Corporate Law |

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

Income Tax Press release (14/12/2010)

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...

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PPF account of HUF can not be extended beyond 15 Years

Notification No. GSR 956(E) (07/12/2010)

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...

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Sebi refuses Raju's cross-examination by Price Waterhouse

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...

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Posted Under: Corporate Law |

Strengthening of National Advisory Committee on Accounting Standards

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...

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Posted Under: Corporate Law |

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

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 ...

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Posted Under: Corporate Law |

Conditions and modalities for registration of contracts of cotton with DGFT

Policy Circular No. 06(RE-2010)/2009-14, (16/12/2010)

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 ...

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

Notification No. 12(RE-2010)/2009-14 (16/12/2010)

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....

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