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Archive: 28 February 2011

Posts in 28 February 2011

Students’ Column- Cenvat Credit for Service Tax Simplified

February 28, 2011 11925 Views 0 comment Print

CA LALIT MUNOYAT 1) Any government of the day requires enormous funds for the development, maintenance and growth of the economy of the country and the main source of collecting these funds is levy of taxes.  The taxation policy of the government is framed, molded and implemented is such a way that it yields optimum […]

Notification No. S.O. 447(E), dated 28-2-2011

February 28, 2011 1545 Views 0 comment Print

“SCHEDULE VI- (See section 211)- Where compliance with the requirements of the Act including Accounting Standards as applicable to the companies require any change in treatment or disclosure including addition, amendment, substitution or deletion in the head/sub-head or any changes inter se, in the financial statements or statements forming part thereof, the same shall be made and the requirements of the Schedule VI shall stand modified accordingly.

Application under section 34 of the Arbitration and Conciliation Act, 1996 for setting aside arbitral award

February 28, 2011 12110 Views 0 comment Print

Whether the period of limitation for making an application under section 34 for setting aside an arbitral award is to be reckoned from the date a copy of the award is received by the objector by any means and from any source, or it would start running from the date a signed copy of the award is delivered to him by the arbitrator — the arbitrator gave a copy of the award, signed by him, to the claimant (the respondent) in whose favour the award was made.

Prohibition on export of wheat-Exemption for export of wheat to Afghanistan

February 28, 2011 280 Views 0 comment Print

The export of 1,00,000 MTs of wheat to Afghanistan, as a donation from Government of India to the Government of Islamic Republic of Afghanistan will be permitted for export through FCI. upto 31.03.2011.

Export of Honey to USA and European Union

February 28, 2011 636 Views 0 comment Print

S.O. (E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government, with immediate effect, makes the following amendments in Notification No 66(RE – 2008)/2004-2009 dated 01.12.2008.

FAQs on Easy Exit Scheme, 2011

February 28, 2011 6201 Views 0 comment Print

What is Easy Exit Scheme (EES), 2011? “Easy Exit Scheme, 2011” is a scheme to give opportunity to the defunct companies to get their names struck off from the register under Section 560 of the Companies Act, 1956. 

Get SMS Alert for Annual Filing eForms filed with ROC

February 28, 2011 8580 Views 0 comment Print

How can the stakeholder avail the SMS Alert Facility? This facility is available for both, new and registered users. Kindly follow the below mentioned steps to register for the SMS Alert Facility: 

Budget may contain some relief for exporters

February 28, 2011 7080 Views 0 comment Print

Finance Minister Pranab Mukherjee is likely to accept exporters demand, like extension of concessional credit scheme, when he presents the General Budget in Parliament tomorrow. While exports are showing healthy growth rate of over 29 per cent, exporters are hoping that Mukherjee would not roll back the stimulus as demand in the western markets are still […]

'Only CSR disclosure to be mandatory in Cos Bill'

February 28, 2011 6484 Views 0 comment Print

Amid sharp differences over making CSR mandatory, the government may ask corporates to only disclose to shareholders whether they have made a contribution of 2 per cent of net profit toward corporate social responsibility activities. 

Union Budget to decide the sentiment in equity market

February 28, 2011 7608 Views 0 comment Print

When the Union Budget 2011-12 is tabled in Parliament today, it can be a “game changer” for the stock market, which is currently grappling with macro-concerns, including inflation and the crisis situation in the Middle East and North Africa, say experts.

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