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Archive: 27 January 2011

Posts in 27 January 2011

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 18, 2024 4464 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 18, 2024 3951 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

CUSTOMS Notification No 04/2011- Further amends Notification No. 21/2002 – Customs, dated 1st March, 2002

January 27, 2011 373 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes

Rate of exchange of conversion of each of the foreign currency with effect from 1st February, 2011

January 27, 2011 304 Views 0 comment Print

section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.102/2010-CUSTOMS (N.T.), dated the 29th December, 2010 vide number S.O.3054 (E), dated the 29th December, 2010

Notification No. 05/2011-Customs (N.T.)- Appoints Common Adjudicating Authority

January 27, 2011 295 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Commissioner of Customs (Imports), Mumbai to

Notification No. 4/2011-Customs (N.T.)- Appoints Common Adjudicating Authority

January 27, 2011 343 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Additional

CUSTOMS Notification No 03/2011 (NT) – Appoints Common Adjudicating Authority

January 27, 2011 268 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Additional or Joint

Construing ‘consent’ under section 399 of Companies Act, 1956?

January 27, 2011 1104 Views 0 comment Print

399. (1) The following members of a Company shall have the right to apply under section 397 or 398:- a) in the case of a company having a share capital, not less than one hundred members of the company or not less than one-tenth of the total number of its members, whichever is less, or any member or members holding not less than one-tenth of the issued share capital of the company, provided that the applicant or applicants have paid all calls and other sums due on their shares;

Assocham calls for gradual transition to avoid hiccups'

January 27, 2011 298 Views 0 comment Print

Amid confusion surrounding the progressive implementation of International Financial Reporting Standards from April, 2011, industry body Assocham has suggested that companies should initially be asked to only prepare their consolidated accounts as pe

Govt plans to widen the scope of wealth tax in Budget 2011-12

January 27, 2011 342 Views 0 comment Print

The government plans to widen the scope of wealth tax in Budget 2011-12 to include several assets that escape the tax net as they are acquired through cash transactions.Armed with a survey on ostentatious display of wealth, the government is collecti

More efforts needed to increase FDI inflows to country- RBI

January 27, 2011 234 Views 0 comment Print

The Reserve Bank today said efforts should be made to attract more Foreign Direct Investment (FDI) in the country, as they are more stable than portfolio investments. These remarks come a day after the central bank said that environment-sensitive pol

Provides Relaxations in Branch Authorisation Policy

January 27, 2011 340 Views 0 comment Print

In terms of Circular DBOD.No.BL.BC. 65/22.01.001/2009-10 dated December 1, 2009, general permission was granted to domestic scheduled commercial banks (other than RRBs) to open branches in Tier -3 to Tier- 6 centres (with population upto 49,999 as per Census 2001) and in rural, semi urban and urban centres in the North Eastern States and Sikkim, subject to reporting.

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