1. Govt Of India is the largest share holder in IDFC. 2. IDFC is the fastest growing infrastructure financing company in India. 3. Fully Secured (backed by assets of IDFC) Instrument with highest credit rating. 4. Earn 8 % interest rate (tax sa
This Court has upheld the conclusion of the Tribunal that the physician’s samples have to be valued on pro-rata basis. The Tribunal, while arriving at the aforesaid conclusion, had relied upon its earlier decision in the case of Commissioner of Central Excise, Calicut vs. Trinity Pharmaceuticals Pvt. Ltd., reported as 2005 (188) ELT 48, which has been accepted by the department. Therefore, we hold that physician samples have to be valued on pro-rata basis for the relevant period.
Institute of Chartered Accountants of India (ICAI) would soon publicize the CA Final and Common Proficiency Test (CPT) result by 21st January, 2011 at around 2:00 PM. ICAI & CPT Results 2010 would be accessible over the ICAI’s official website.
The enactment of ‘Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002’ has facilitated an easy mode of recovery of loan for the banks where there is a ‘Secured Asset’ and it will definitely reduce the rate of ‘Non-performing Assets (NPA)’. Non-performing Assets (NPA) effect the functioning of the banking system in India. Just because the Banks face problems in recovering the dues, the interests of the borrowers can not be compromised and they should be provided with an effective remedy when there exist a genuine grievance.
Interest on refund of pre-deposit amount is payable from the date of receipt of order of the tribunal by the commissioner. Interest to be paid on amount of pre deposit at the rate prescribed under the statutory provisions of the Act and not as per rate determined on equitable principles by Tribunal.
Selecting the best tax-saving mutual fund (also referred to as equity linked saving scheme – ELSS) is never an easy task. For one, there are just too many funds, which only confuses the investor. Add to this the sometimes misrepresentative mutual fun
Good news awaits hundreds of thousands of taxpayers in the country. The Income Tax department is mulling a proposal for providing them small refunds of below Rs 1 crore (Rs 10 million) within a month’s time. Delay in receiving income tax refunds has
Many connected to judiciary in one way or other understand ‘Uncle Judges’ issue and it was laudably highlighted by the Apex Court of this Country. It is in fact a very serious problem, but, finding a solution is not easy. There is an urgent need to look at the functioning of ‘Higher Judiciary’ and the judges of Superior Courts. The reason is very simple. Despite all the criticism, people still repose faith in Superior Courts in this Country and I strongly believe that Superior Courts discharge their responsibility well though there can be exceptions.
Mobile number portability (MNP) enables mobile telephone users to retain their mobile telephone numbers when changing from one mobile network operator to another. To switch operators, Type PORT, leave a space, type your mobile number and text it to
The newly-inducted Mines Minister Dinsha Patel today said he will make efforts to introduce the new mines legislation in the forthcoming Budget session of Parliament. Discussions are on now on the new legislation – Mines and Minerals (Development)
