Financial News India: Read all the latest finance news on credit card, online payment, bank loan interest rate, scams, GDP growth Inflation, Saving schemes, PPF, NSC, KVP Bank, FD calculators ULIP IIP numbers
Finance : Explore yoga fitness market trends, retention strategies, and tech innovations. Uncover insights on customer loyalty, VR classes, ...
Finance : Explore the valuation requirements across different laws in India, including the Companies Act, IBC, SEBI, RBI, and Income Tax Act...
Finance : Learn about Section 270A introduced in Finance Act 2016, effective from April 1, 2017, outlining penalties for under-reporting and...
Finance : Learn how the P/E ratio can guide your mutual fund investments. Understand its significance in stock selection, portfolio valuatio...
Finance : Explore the benefits of P2P investing with 13Karat compared to traditional methods. Discover high returns, risks, liquidity, and e...
Finance : New IFSC regulations effective June 6, 2024, govern bookkeeping, accounting, taxation, and financial crime compliance services, im...
Finance : IFSCA reviews Fund Management Regulations 2022 to enhance ease of business, introduce safeguards, and provide clarifications. Publ...
Finance : Discover the risks of UPI cash deposits, recent transaction statistics, safety measures, and future plans for cross-border UPI int...
Finance : SEBI's July 2024 update addresses allegations of stock market manipulation via exit polls and reveals the top sellers on June 3, 2...
Finance : Understand IFSCA's Ship Leasing Circular FAQs 2024. Learn permissible activities, definitions, and guidelines for ship lessors in ...
Finance : In present facts of the case, the Hon’ble High Court have given observations on the issue of unstamped arbitration agreement. It...
Finance : Reviewing the landmark UK Supreme Court decision in Barclays Bank UK PLC vs Philipp case. Analysing its global implications on ban...
Finance : Delhi High Court held that if the investigation is not completed then merely because the report has been filed, the right of statu...
Finance : Frequent vacancy arising in DRT is an issue which needs consideration by Government and practical solution has to be found at the ...
Finance : Syed Adeel Shah Vs Directorate of Enforcement (Jammu and Kashmir High Court) It appears that in an earlier round of litigation whe...
Finance : IFSCA extends bullion trading guidelines until October 31, 2024, or until revised requirements are issued, according to circular F...
Finance : IFSCA circular allows CRAs in IFSC to offer ESG ratings and data products, promoting sustainability, transparency, and governance ...
Finance : IFSCA Circular IFSCA-PLNP/40/2024 outlines new guidelines for Credit Rating Agencies in the IFSC, following SEBI's latest regulati...
Finance : IFSCA Circular allows Credit Rating Agencies to value assets under the Fund Management Regulations, 2022. Effective immediately as...
Finance : Explore the International Financial Services Centres Authority (IFSCA) Regulations 2024, governing payment and settlement systems ...
The Delhi High Court on Tuesday directed the Centre to implement its National Sports Policy under which the upper age limit for the heads of sports federations has been fixed at 70 years. A bench headed by Chief Justice Deepak Misra gave the direct
The National e-Governance Advisory Group (NAG) has been reconstituted last week to have a wider representation and also in view of changes at various levels. The Group was first constituted on March 29, 2005 for the effective management of the Nation
GVAT- The Last Date for filing E-Filing RETURNS for the period ending 30/09/2010 has been extended up to 21/11/2010 for Monthly Dealers & 15/12/2010 for Quarterly Dealers.
DoT now announces that the countrywide launch of MNP services will start from Haryana Licensed Service Area on November 25, 2010. From this date customers in Haryana will have the option of changing their service provider without changing their mobil
India believes that ASEAN is the core around which the process of economic integration of the Asia-Pacific region should be built. India’s economy has been growing rapidly for the past few years. This year we hope to achieve a growth rate of 8.5%. In
The report is divided into five sections. It briefly describes the macroeconomic environment during the quarter, details of debt management operations in the primary market – Government’s financing requirement, auction details, cost and maturity of b
It is festive season once again with diwali shopping on throughout the country. This time festivities have started much early and the mood of all buyers and businessmen- all is upbeat. The reasons are obvious with no major negative factor playing around. This diwali is backed by good and widespread monsoon bringing in general bullishness everywhere, farmers smiling; no water crisis, so civic bodies are also relieved and disposable surplus with one and all is higher. Almost all sectors of the economy are doing well and is reflected in economy booming as compared to other parts of the world. Stock markets – secondary listings and new offers, both are doing well as new IPOs are listing at premium and BSE sensex is also ruling around 20,000 which is considered high. There is also by and large peace all over. So one ought to really celebrate even if bullion prices have gone hay wire or inflation is not coming down.
With less than six months to go before the nation moves towards a globally-recognised accounting system, the government plans to dilute some key provisions relating to foreign exchange differences and overseas borrowings which will make global invest
Expecting the country’s growth rate to strengthen further in the coming months, finance minister Pranab Mukherjee on Tuesday said the government would gradually withdraw fiscal stimulus measures undertaken since October 2008 to combat the adverse imp
The Supreme Court in view of the facts of the matter analyzed the Sale of Goods Act, 1930 [SGA] and ISA and held that, the true and real meaning of a document needs to be ascertained to answer whether a contract for sale of movable property amounts to conveyance, and if yes, whether stamp duty is chargeable. The Supreme Court held that the essence of sale is the transfer of the property in a thing from one person to another for a price. As per Section 4 of the SGA, the contract of sale includes an agreement to sell and it may be absolute or conditional. The essential feature that distinguishes a contract of sale from an agreement to sell is that in a contract of sale the property in the goods is transferred from the seller to the buyer immediately whereas in an agreement to sell, the property is transferred at a future date. Further, an agreement to sell becomes a sale on fulfillment of the conditions of the agreement or when the time provided lapses. Under Sec. 2(10) of ISA, inter alia, every document by which movable property is transferred is ‘conveyance’. In a contract, if all the essential conditions of transfer of movable property are transferred, and it amounts to conveyance within the meaning of the said Sec 2(10) it is chargeable to stamp duty under Article 23 if there is no exemption from payment of stamp duty under Article 62 of ISA. The Supreme Court also observed that just because a contract document contains a clause on security, does not make the document a ‘Security Document’.
