"28 April 2011" Archive

2G Scam – ED Will attach property worth Rs 2,000 crore of companies involved in scam

The Enforcement Directorate on Wednesday told the Supreme Court that it will attach property worth Rs 2,000 crore of two companies involved in the 2G spectrum scam. The attachment process under the Prevention of Money Laundering Act (PMLA) and Foreign Exchange Management Act (FEMA) will be finished in the next two months, the ED said....

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Posted Under: Corporate Law |

Indian economy may Grow at around 8 percent in FY12; more RBI rate hikes likely

India's economy is expected to clock a growth rate of around 8 per cent this fiscal, lower than the government's projection, due to decline in investments and industrial production, global financial services firm Citigroup said today. It also said that the Reserve Bank is likely to go for a 75-100 basis points cumulative hike in key-polic...

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Posted Under: Corporate Law |

2G scam – PAC meeting inconclusive; 11 of 21 members reject draft report

The Public Accounts Committee meeting on Thursday remained inconclusive. Eleven out of 21 members of the Committee rejected the draft report on 2-G scam prepared by the Chairman of the Committee Dr. Murli Manohar Joshi. The Committee was scheduled to submit its report by Saturday. Dr. M M Joshi left the meeting after unprecedented scenes ...

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Posted Under: Corporate Law |

ICAI’S annual international meet begins in Dubai

The Institute of Chartered Accountants of India (ICAI)’s annual international meet started in Dubai on Thursday. More than 800 delegates from various GCC countries attended the inaugural session of the two-day conference hosted by Dubai chapter of the Institute....

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Posted Under: Corporate Law |

Azim Premji expresses concern over various scandals

IT czar Azim Premji today expressed concern over various scandals that have surfaced in the country during the last one year and said good leadership in politics, bureaucracy, business and society would help end corruption in India. In the last one year we witnessed the Telecom scandal, CWG and medical recruitment scandals..We need to pu...

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Posted Under: Corporate Law |

Suspension of IAS couple extended

The Madhya Pradesh government has extended the suspension of 1978 batch IAS couple Arvind and Tinu Joshi, accused for amassing huge wealth, by another 180 days, official sources said here today. The government decided to extend the suspension period as the Nirmala Buch committee set up in July last year to look into the matter is yet to s...

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Posted Under: Corporate Law |

Notification No. 23 – Income Tax Dated 28/4/2011

Notification No. 23 - Income Tax 28/04/2011

Notification No. 23 - Income Tax [F.NO. 203/46/2010/ITA-II], DATED 28-4-2011- It is hereby notified for general information that the organization Centre for Social Studies, Surat has been approved by the Central Government for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with r...

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Notification No. 22 – Income Tax Dated 28/4/2011

Notification No. 22 - Income Tax 28/04/2011

Notification No. 22 - Income Tax [F.NO.203/43/2010/ITA-II], DATED 28-4-2011- It is hereby notified for general information that the organization Indian Society of International Law, New Delhi has been approved by the Central Government for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act),...

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Notification No. 21- Income Tax Dated 28/4/2011

Notification No. 21- Income Tax 28/04/2011

Notification No. 21- Income Tax [F.NO. 203/41/2010/ITA-II], DATED 28-4-2011 It is hereby, notified for general information that the organization Chettinad Academy of Research and Education, Kanchipuram has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (...

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Maharashtra Tax Laws (Levy, Amendmend and Validation) Act, 2011 with Date of effect Notification for provisions of certain sections

Notification No. VAT.1511/C.R.63/Taxation.1 28/04/2011

MAH. ACT NO XV OF 2011- Maharashtra Tax Laws (Levy, Amendmend and Validation) Act, 2011 with Date of effect Notification for provisions of certain sections. Maharashtra Value Added Tax Act Notifications - MAH. ACT NO XV OF 2011. ...

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