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Archive: 2010

Posts in 2010

The truth is out: PwC is losing its top professionals

September 8, 2010 1149 Views 0 comment Print

TWO INCIDENTS in a fortnight have taken further wind out of the sails of Pricewaterhouse Coopers India (PwC). The first was market regulator Securities and Exchange Board of India (SEBI) getting the Bombay High Court’s nod to probe allegations of irr

MCA releases preferable dates for filing annual return in alphabetical order

September 8, 2010 724 Views 0 comment Print

Company Names starting with September 2010 October 2010 November 2010 Alphabets A to D All days during the month 1st Oct to 05 Oct 2010 1st Nov to 05 Nov 2010 Alphabets E to K -do- 6th Oct to 10th Oct 2010 6th Nov to 10th Nov 2010 Alphabets L to Q -d

Scheme for Certified Filing Centres under MCA 21 e-Governance Programme

September 8, 2010 519 Views 0 comment Print

With reference to the announcement dated 05.07.2010 in the cited subject, this is to inform that the Ministry of Corporate Affairs has decided to extend the registration process for a further period of 3 months from 1st September 2010.

Companies Bill set to bring conflict between SEBI and MCA

September 8, 2010 1303 Views 0 comment Print

The provisions of the Companies Bill are set to bring the Securities & Exchange Board of India (SEBI) and the ministry of corporate affairs (MCA) in conflict with each other in a number of areas such as insider trading, independent directors

Companies Bill to be tabled by Budget session: Khurshid

September 8, 2010 534 Views 0 comment Print

Corporate Affairs Minister Salman Khurshid today exuded confidence that the revised Companies Bill will be tabled in Parliament by the Budget session at the latest. We are trying to bring it (Companies Bill) in the Winter session,

DTC: Income of FIIs will be treated taxed as capital gains rather than business income

September 8, 2010 891 Views 0 comment Print

Foreign institutional investors (FIIs) can breathe easy with the Direct Taxes Code (DTC) Bill, 2010 proposing that their income be taxed as capital gains rather than business income. Opinion is divided on whether this will end the uncertainty over FI

DTC Bill 2010 restores the powers given to CBDT under the existing Income Tax

September 8, 2010 585 Views 0 comment Print

The powers of the Central Board of Direct Taxes (CBDT) have been reinstated in the Direct Taxes Code (DTC) Bill. The first draft of DTC had proposed to strip the board of its powers to issue certain communications and restricted its role to merely a

Satyam case: Court allows accused to plead

September 8, 2010 465 Views 0 comment Print

A local court on Friday allowed the petition of a former Satyam employee, accused in the multi-crore accounting scam, to plead his case on his own. The XXI Additional Chief Metropolitan Magistrate court allowed the petition of G Ramakrishna, who wor

Comparison of Tax rates in DTC & Income Tax Act

September 8, 2010 871 Views 0 comment Print

Any individual being a resident in India, who is of the age not exceed sixty-five Any individual being a resident in India, who is of the age not exceed sixty-five 1 Where the total income does not exceed Rs. 160000 NIL 1 Where Total income does no

FM seeks views on GST from Parliamentary wings of all parties

September 8, 2010 541 Views 0 comment Print

The government banks on the support of the Bharatiya Janata Party (BJP) to push the Insurance and LIC Bills in the next Parliament session, but it seems to have adopted different tactics on the Goods and Services Tax (GST) Bill.

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