"24 May 2011" Archive - Page 3

Income tax Return software ITR-1, ITR-2, ITR-3, ITR-4, ITR-4S, ITR-5, ITR-6 – AY 2011-12

Income tax department has finally released much awaited return preparation software for ITR-1, ITR-2, ITR-3, ITR-4, ITR-4S, ITR-5 and ITR-6. The software’s released by Income Tax department are free and much better than any other private software available. Due Date- The last date for Filing of ITR in respect of Assessees who are liable...

Read More
Posted Under: Income Tax |

ASSOCHAM demands removal of ban on raw cotton export

Following 40 per cent decline in cotton prices during the past one-and-a-half month, industry body ASSOCHAM today called for lifting the ban on raw cotton exports to protect interests of farmers across the country. Cotton prices have tumbled from Rs 59,000 to Rs 65,000 per candy on March 31 to Rs 38,000 earlier this month. ...

Read More
Posted Under: Income Tax |

Govt to discuss new rules governing stock exchanges

The government will begin tomorrow its consultations with various stakeholders regarding a new set of rules on how stock exchanges should be owned and run, proposed by a Sebi-appointed committee last year. Besides the exchanges, new ownership and governance rules have also been proposed by the committee, chaired by former RBI Governor Bim...

Read More
Posted Under: Income Tax |

Mergers within group should be exempted from CCI norms

Industry body CII today said competition watchdog CCI's approval should not be made mandatory for mergers and amalgamations between group companies. While acquisitions of control or shares or voting rights or assets within the same group have been exempted from the notification requirement, mergers or amalgamations have not been specified...

Read More
Posted Under: Income Tax |

International Accounting Standards Board (IASB) wants full IFRS adoption in India

The International Accounting Standards Board (IASB) has requested the government to adopt the global accounting standards IFRS in toto or at least allow companies to voluntarily do so and not go ahead with the convergence approach.Stating it is in India''s own interest to adopt the International Financial Reporting Standards (IFRS, as Ind...

Read More
Posted Under: Income Tax |

Commerce Minister to take up DEPB issue with Pranab Mukherjee

Making out a case for extension of the popular incentive scheme - DEPB - for Indian exporters, Commerce Minister Anand Sharma today said he will take up the issue with Finance Minister Pranab Mukherjee on his return to New Delhi. I am one who is not subscribing to this view that our exports have reached a stage where we can do away with ...

Read More
Posted Under: Income Tax |

Govt to take view on exports of wheat and non-basmati rice after assessing requirement under the proposed National Food Security Act

Agriculture Minister Sharad Pawar today said the government will take a final view on lifting the export ban on wheat and non-basmati rice after assessing foodgrains requirement under the proposed National Food Security Act.Last month, Pawar had said that the government should give a serious thought on allowing export of wheat and non-bas...

Read More
Posted Under: Income Tax |

IPO scam – Sebi fines Rs 9.40 cr on broker Purshottam G Budhwani

Market regulator Sebi today directed Purshottam G Budhwani , a broker involved in the infamous IPO scam of 2003-05, to deposit over Rs 9.39 crore on unlawful gains made by him. In case of failure to deposit the amount within 45 days, Budhwani shall be barred from the securities market for nine years, the Securities and Exchange Board of I...

Read More
Posted Under: Income Tax |

ICAI – Zone-shifting of candidates for June – 2011 CPT Exams

Due to paucity of accommodation in some Zones opted by the candidates in the cities of Chennai, Indore, Bangalore and Hyderabad some of the candidates have been allotted examinations centres in other zones of the said cities where the accommodation is available. In view of this, it is not possible to accede to the requests of the candidat...

Read More
Posted Under: Income Tax |

Govt to introduce Security Features in all Denominations of Indian Bank Notes

Union Finance Minister, Shri Pranab Mukherjee has said that the counterfeiting of our currency is a matter of great concern for the Government. The Finance Minister said that with a view to check this menace of fake currency, an exercise for introduction of security features in all denominations of Indian Bank Notes is under way. This is ...

Read More
Posted Under: Income Tax |

Search Posts by Date

September 2021
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930