Notification No. 5-5/2009-Income Tax The Government of India, hereby notifies the issue of 7.64 per cent (Seven point sixty-four per cent) Government of India (National Small Savings Fund) (Non-transferable) Special Securities, 2029 (hereinafter called “special securities”).
The Income Tax (I-T) department on Tuesday raided the residence and office of Devendra Ahuja alias Dev, promoter of Centurion Bank and MD of 20th Century Finance company. Ahuja is also the father-in-law of film actor Bobby Deol. I-T officials have recovered documents which show the 74-year-old had transferred a major part of his property to his daughter Tanya, wife of Bobby Deol, following which the officials recorded Tanya’s statement on the matter.
PUBLIC NOTICE NO. 62 /2009-2014, NEW DELHI, DATED 13th May, 2010. Subject: Deletion of para 2.33.1 of HBP Vol.1, 2009-2014. In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2009-2014, the Director General of Foreign Trade hereby makes the following amendment in the Handbook of Procedures( Vol.1 ) 2009-2014:-
The government is drawing up a tax-saving bank deposit scheme that will raise funds for cheap loans to educational institutions and students aspiring to become doctors, engineers, fashion designers and software engineers. The human resource development ministry discussed the proposal with the Planning Commission last week, and in the next one month, the concept will be crystallised, minister Kapil Sibal told.
In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy 2009-2014, the Director General of Foreign Trade hereby makes the following amendment in the List of Regional Authorities and their Jurisdiction given under Appendix 1 of Handbook of Procedure (Vol. I) 2009-2014:
The income-tax authorities may soon get sweeping powers to investigate and prosecute those suspected of hawala transactions, creating a strong deterrent for the channel used extensively for money laundering. The proposed changes are likely to be included in the direct taxes code and could shift the burden of proof on the accused, said an income tax department official.
A meeting of the Core Group constituted by the Ministry of Corporate Affairs for convergence of Indian Accounting Standards with the International financial Reporting Standards (IFRSs) from the year 2011 was held on 11th January, 2010 and on 29th March, 2010 under the chairmanship of Shri R. Bandyopadhyay, Secretary , Ministry of Corporate Affairs. These meetings were attended by the officials from Ministry of Finance, SEBI, RBI, IRDA C&AG, PFRDA, ICAI, Industry Representatives and other experts.
The Institute of Chartered Accountants of India (ICAI) here today organized a Press Conference at ICAI Bhawan. It was addressed by Mr Robert Bunting, President, International Federation of Accountants (IFAC),Mr Ian Ball, Chief Executive Officer, IFAC and Mr Matthew Bohun, Technical Manager, Governance and Operations.
RBI has finalised the guidelines on Note Authentication and Fitness Sorting Parameters after taking into account the comments received from various stakeholders including banks, equipment manufacturers and members of public.
S.O. (E) In exercise of the powers conferred by Section 5 read with Section 3(2) of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) and also read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby makes the following addition with immediate effect at the end of Paragraph 2 of Notification No. 33(RE-2007)/2004-2009, dated 08.10.2007, as amended from time to time (pertaining to prohibition on export of wheat and wheat products):
