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Amid instances of corruption in MNREGA implementation, government has decided to tighten the audit system, which includes broadening the scope of the Comptroller and Auditor General (CAG) in the scheme.
Shri Murli Deora, Union Minister for Corporate Affairs and Shri R.P.N. Singh, Minister of State for Corporate Affairs had an Interactive Session with corporate India on the initiatives of Ministry of Corporate Affairs, namely, Companies Bill and Inte
Industry chamber Assocham today asked the government to re-introduce the tax exemption scheme to promote affordable housing in the forthcoming Budget for 2011-12. The chamber also said real estate sector should be accorded infrastructure industry sta
After considering the views of the industry and a House panel, the government will table the Companies Bill 2009 in the forthcoming Budget session, the Ministry of Corporate Affairs said today.
The Income-Tax department has filed an appeal in Bombay High Court against an order of its tribunal allowing Bollywood actor Shah Rukh Khan to seek tax reliefs for using his membership at Otters Club in suburban Bandra and his BMV Range Rover car for
Stock market regulator Sebi today approached the Supreme Court against the order of appellate body SAT, which set aside its decision to impose penalty on Rakhi Trading for alleged rigging in derivatives trade. Sebi had imposed a penalty of Rs 1.08 cr
The government today banned exports of milk powder and its products to boost domestic supplies and check rising prices of milk. Besides, export of casein and its products, a protein derivative of milk, has also been banned by the Commerce Ministry.
The government has proposed to amend the Patent Rules and make e-filing of applications compulsory in order to bring clarity and efficiency. The commerce ministry’s Department of Industrial Policy & Promotion (DIPP) has come out with a draft and aske
“ A candidate who is otherwise eligible to appear in the Final Examination shall not be required to be in service of articles/audit training on the first day of the month in which the final examination is held. However, such relaxation shall be confined only to first of such permissible examination (i.e., the Final Examination in which a student shall become eligible to appear in the Final Examination for the first time only but not thereafter), irrespective of whether he is from the stream of Professional Education Examination – II(PEE-II) or Professional Competence Examination(PCE) or Integrated Professional Competence Examination (IPCE) under the provisions of Regulation 29 C of the Chartered Accountants Regulations 1988.”
A case was registered against five persons for commission of offences punishable U/s 120-B r/w 420 IPC, Sec. 132 and 135 of Customs Act, 1962 and Sec. 13(2) r/w 13(1)(d) of Prevention of Corruption Act, 1988 on the basis of joint surprise check condu
