Follow Us:

Archive: 2010

Posts in 2010

Common Reasons for Rejection of Company name applied to ROC

August 27, 2010 1692 Views 0 comment Print

Proposed name is not according to the activities described in Main Objects. Proposed Name is not available in view of the existence of identical or closely resembling companies. Proposed name is too general without any distinct word or identity.Keywords like Industry/ Udyog, Enterprises, Products, Business, manufacturing may be considered when the company proposes to deal in various business activities/ the company is already carrying on various business activities (in case of change of name). As your business activity is in particular trade said keywords cannot be allowed.

Property statements are not 'confidential' info and can be disclosed under the RTI act

August 27, 2010 2671 Views 0 comment Print

Property statements filed by civil servants are not confidential information and can be disclosed after taking the views of concerned officials as per the provisions of the RTI Act, the Central Information Commission has held. Chief Information Commissioner Wajahat Habibullah rejected the plea of Department of Personnel and Training that these records were held “in confidence” by the government and are hence exempted from disclosure.

IRDA slaps fine of Rs 20L on Bharti’s insurance firms

August 27, 2010 798 Views 0 comment Print

Insurance regulator IRDA has slapped a fine of Rs 20 lakh on Bharti Enterprises promoted life and non-life insurance ventures for not informing changes in ownership pattern. Both Bharti Axa Life Insurance Company and Bharti Axa General Insurance Company has been asked to pay a penalty of Rs 10 lakh each.

Cabinet nod to DTC bill; exemption limit upped to Rs 2 lakh

August 27, 2010 1141 Views 0 comment Print

In a move that could leave more money in the hands of people, the Government on Thursday proposed to raise exemption limit on income tax from the present Rs 1.6 lakh to Rs 2 lakh. The Cabinet approved the much-awaited Direct Taxes Code (DTC) Bill, which is likely to be tabled in Parliament during the ongoing Monsoon session and thereafter it may be referred to standing committee.

Govt. considering amendment in RTI Act

August 27, 2010 978 Views 0 comment Print

Proposal for amendment of RTI Act is under consideration in the Ministry of Personnel, Public Grievances & Pensions. The proposal under consideration includes, inter-alia, amendment to enlarge the scope of suo-motu disclosure, to discourage frivolous or vexatious representations,

Govt takes action against companies violating Section 383A of Companies Act, 1956

August 27, 2010 1628 Views 0 comment Print

The Minister of Corporate Affairs has said that whenever any case of a company found violating the provisions of Section 383A of the Companies Act, 1956 comes to the notice, Show Cause Notices are issued to the company and defaulting directors. Giving this information in written reply to a question in the Lok Sabha today,

SEBI allows trading in shares using mobile phone/ Wireless Technology

August 27, 2010 769 Views 0 comment Print

Investors can buy and sell shares through mobile phones now. The Securities and Exchange Board of India has allowed registered brokers who provide internet-based trading to facilitate securities trading using wireless technology, including mobile phones and laptops with data cards.

Public Interest Disclosure and Protection to Persons Making the Disclosure Bill, 2010” Tabled in Lok Sabha

August 27, 2010 465 Views 0 comment Print

The Public Interest Disclosure and Protection to Persons making the Disclosure Bill, 2010, was tabled in the Lok Sabha today by Sh. Prithviraj Chavan, Minister of State for Personnel, Public Grievances and Pensions. The Bill is a stand alone legislation to, inter-alia, provide-

Amendment to include PAN in Digital Sign issuing (ITR filing purpose)

August 27, 2010 981 Views 0 comment Print

The above limitations have increased due to mandatory Digitally signing of ITR-6. To overcome this issue, CCA, through the request from ITD, has introduced a new filed in DSC issuing. In this, DSC can have PAN encoded in itself, so that it can help ITR filing.

Delhi I-T dept fails to produce 95 percent of records asked by CAG

August 26, 2010 1002 Views 0 comment Print

The Delhi income tax (I-T) department is facing criticism for its administrative inefficiency by failing to produce 95.4 per cent of records asked by the Comptroller and Auditor General of India (CAG) for its performance audit for financial year 2009-10. This is the highest failure rate of I-T department in providing records to the CAG. Delhi is followed by Punjab (53.4 per cent), Orissa (50.9 per cent), Uttarakhand (47.7 per cent), Maharashtra (46.3 per cent) and Gujarat (39.9 per cent).

Search Post by Date
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930