"13 January 2011" Archive - Page 2

Income Tax department asks Shah Rukh Khan to pay tax on villa gifted by Dubai Co

The Income Tax department has issued a notice to Bollywood actor asking him to pay tax on the Rs 17.84 crore villa in the UAE, I-T sources said today. He received the villa as a gift from a Dubai-based company during assessment year 2008-09 ...

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Posted Under: Income Tax |

Sebi begins finalising bourses' ownership, governance rules

Sebi has begun the process of finalising its guidelines on the way bourses are owned and do business, based on the feedback received on recommendations made by a committee set up by the regulator on this matter. In addition to the comments received...

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Posted Under: Income Tax |

All news Related to Income Tax raids on Onion Traders

As skyrocketing prices of vegetables caused concern, ten big vegetable traders in Tamil Nadu have come under the Income Tax Department's lens over huge profits made by them, with the department carrying out state-wide survey operations against them....

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Posted Under: Income Tax |

Citi fraud – Funds flowed to real estate sector too

A part of the funds involved in the Rs 300 crore fraud at Citibank, allegedly masterminded by employee Shivraj Puri, was pumped into the real estate sector, sources said. Investigations into the fraud have revealed that Puri invested a part of the ...

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Posted Under: Income Tax |

FM holds Pre Budget Consultations with Different Trade Union Groups

Union Finance Minister Shri Pranab Mukherjee held a meeting with Trade Unions’ Group to get their inputs for General Budget 2011-12, here today. This was the third meeting in the series of pre-Budget consultations held by Finance Minister with the st...

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Posted Under: Income Tax |

Shri A. N. Raman of ICWAI takes over as President of South Asian Federation of Accountants

Shri A. N. Raman, a Central Council Member of The Institute of Cost and Works Accountants of India (ICWAI), functioning under the aegis of the Ministry of Corporate Affairs, has taken over as the President, South Asian Federation of Accountants (SAFA...

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Posted Under: Income Tax |

FM’s address at 2nd International Finance Conference at IIM Calcutta

The Union Finance Minister, Shri Pranab Mukherjee has said that the resilience shown by Indian economy during the global crisis reflects a maturing of the economic management of the country and the growing competitiveness of our enterprise. The overa...

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Posted Under: Income Tax |

India will be most preferred destination for Alternative Dispute Resolution

Law and Justice Minister, Dr. Veerappa Moily has said that Alternative Dispute Resolution, ADR, will be the preferred mode of settlement of disputes in the future. India is spearheading the ADR movement and has caught up the attention of Courts in th...

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Posted Under: Income Tax |

Export Grows 36.4 percent in December 2010 – Commerce Secretary

India’s exports have registered a growth of 36.4% during December 2010, at US $ 22.5 billion. Stating this at a press interaction here today, Shri Rahul Khullar, Commerce Secretary, informed that during the period April-December 2010, exports have re...

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Posted Under: Income Tax |

Rising Inflation from Widening Gap Between Wholesale and Retail Prices and Growing Demand due to Rise in Income Leve

Union Finance Minister Shri Pranab Mukherjee has asked State Governments to urgently look into the supply management of items that are driving the current round of food inflation in the economy, in particular looking at the local factors that are wid...

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Posted Under: Income Tax |