Former Union Law Minister Shanti Bhushan Thursday told the Supreme Court that at least eight of the 16 chief justices of India (CJIs) were “definitely corrupt”. In an affidavit filed Thursday, senior counsel Shanti Bhushan said that six of the CJIs
Notification No. 72/2010-Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of Section 10 of the Income Tax Act, 1961 (43 of 1961), the Central Government hereby authorizes the Indian Railway Finance Corporation (IRFC) to issue, during Financial Year 2010- II, tax free secured, redeemable, non-convertible Railway Bonds of Rs. 1,000 each in case of public issue and Rs. 1,00,000 each in other cases, aggregating to an amount of three thousand and eighty crore rupees only, carrying an interest rate in the range of 6% to 7.25% per annum, depending upon the size and tenor of a tranche
The Ministry of Corporate Affairs has established the Investor Education and Protection Fund under Section 205C of the Companies Act, 1956 to undertake various activities for creating awareness amongst the investors. The Ministry invites credible vol
Where any service tax has not been levied or paid or has been short-levied or short-paid or erroneously refunded, the Central Excise Officer may, within one year from the relevant date, serve notice on the person chargeable with the service tax which
Therefore, in partial modification of para 1 of our circular RPCD.CO. LBS.HLC.BC.No.43 /02.19.10/ 2009-10 dated November 27, 2009 wherein it was advised “to provide banking services through a banking outlet in every village having a population of over 2,000, by March 2011”, it is advised that the date of providing banking services through a banking outlet in every village having a population of over 2,000, is revised to March 2012. However, March 2011 may be considered as an intermediate target.
n respect of duty and any other sums of any kind payable to the Central Government under any of the provisions of this Act or of the rules made there under including the amount required to be paid to the credit of the Central Government under Section
NOTICE FOR PAYMENT OF DUTIES, INTEREST ETC. – (1) When any duty has not been levied or has been short-levied or erroneously refunded, or when any interest payable has not been paid, part paid or erroneously refunded, the proper officer may, – (a) in
British telecom operator Vodafone said it has filed an appeal with the Supreme Court, after the Bombay High Court dismissed its petition and ruled that the income-tax authorities have jurisdiction over tax bills in cross-border mergers.
The fifth Annual Convention on RTI concluded here today. The two days convention was attended by all stakeholders of the RTI Act, including the State Information Commissions, media and civil society organizations. Union Minister of State for IT & Telecom Sachin Pilot delivered the valedictory address. In his speech, he said that RTI in India is hailed all over the world for its role in truly empowering the common man and strengthening democracy. He felt that several issues on the demand side, however, remain to be resolved. Effort is needed in the areas of awareness generation, improving accountability and accessibility. The minister felt that technology like mobile telephone can be used for carrying out mass awareness campaigns on RTI Act. He further said that the systems need to be put in place to check misuse of the Act.
The money recovered from Harshad Mehta-led 1992 banking securities scam is lying idle. The distribution of 2,200 crore recovered from Mehta group by the custodian appointed under a Special Act by government is not taking place due to differences between two major claimants — the I-T department and banks and financial institutions (FIs) — which have lost money in the scam.
