Finance : Ever wondered what is the difference between Fundamental and Technical approaches to Stock Picking? Is Technical Analysis a form o...
Finance : In March 2020, when we had a market crash due to Covid-19, there were many people & articles talking about Market are under-pe...
Finance : General believe lies among several goes saying Stock Market is very unstable, turbulent, uncertain, gamble and nobody likes taking...
Finance : Welcome Announcements by Finance Minister to boost COVID affected sectors: Healthcare, Tourism, Exports, Job Creation In a bid to ...
Finance : Financial Assistance for Electronic Component Manufacturers PLI SCHEME – AN OVERVIEW Production Linked Incentive Scheme (PLI) fo...
Finance : The Ministry of Finance clarified that claims regarding monetisation of temple gold holdings or issuance of gold bonds to temples ...
Corporate Law : The issue addressed is long-pending wage and pension revisions in key financial institutions. The key takeaway is substantial pay ...
CA, CS, CMA : CS Dhananjay Shukla is elected as President and CS Pawan G Chandak as Vice President of the Institute of Company Secretaries of In...
CA, CS, CMA : Highlights from the Finance Ministry's 2024 initiatives, covering direct tax refunds, GST reforms, Customs updates, and India's FA...
Finance : Smt. Nirmala Sitharaman assumes office as Union Minister for Finance & Corporate Affairs, pledges commitment to 'Ease of Living' a...
Income Tax : Kerala High Court's stay order halts income tax recovery until final decision. Read the full text of the judgment/order here....
Service Tax : TRENT Ltd and Future Value Retail Ltd have challenged before the AP High Court, the service tax with retrospective effect on rent...
Excise Duty : The government amended an earlier excise notification to revise the applicable rate to ₹24 per litre. The change has been made i...
Excise Duty : Government has increased Road and Infrastructure Cess on high speed diesel to ₹36 per litre through a new notification. The chan...
Excise Duty : Finance Ministry increases Special Additional Excise Duty on high speed diesel to Rs 24 per litre by amending Eighth Schedule, eff...
Goods and Services Tax : The government has appointed 22 Judicial Members as Vice Presidents of GSTAT benches. The move aims to improve efficiency and stre...
Custom Duty : CBIC clarified that fees for amendment or cancellation of export documents may be waived when changes arise due to circumstances b...
The Committee on Comprehensive Regulation for Credit Rating Agencies (CRAs), set up by the Department of Economic Affairs, Ministry of Finance under the Chairmanship of Dr. K.P. Krishnan, Joint Secretary (Capital Markets) with representatives from all the financial sector regulators, has felt that prima facie there is no immediate concern about the operations and activities of CRAs in India even in the context of the recent financial crisis.
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in suppression of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 186/2009-Customs (N. T.), dated the 29th December, 2009 vide number S. O. 3305 (E), dated the 29th December, 2009, except as respects things done or omitted to be done before such suppression,
Trade defence measures are available to the domestic industry to counter unfair trade practices followed by exporters of goods from other countries. In case a product is imported into the country at less than its normal value, and it causes injury to the domestic industry, the domestic industry can make an application to Directorate General of Anti-Dumping and Allied duties (DGAD) in the Department of Commerce for imposition of anti-dumping duty.
Amends Notification No. 189/2009- Customs (N.T) dated 31.12.2009 vide which the Customs Tariff (Determination of Origin of Goods under the Preferential Trade Agreement between the Governments of Member States of the Association of Southeast Asian Nations (ASEAN) and the Republic of India) Rules, 2009 were notified.
Notification No. 5/2010-Customs – New Delhi, the 19th January, 2010- in column (2), for item (a) and the entry relating thereto, the following shall be substituted, namely:-“(a)Sports goods, sports equipments, sports requisites, including synthetic playing surfaces, fitness equipments, sports medicine, sports apparel”; in column (3), for item (a) and the entries relating thereto, the following shall be substituted, namely:-“(a) The said goods are imported into India by,-
Notification No. 04 / 2010 – Customs, – In the said notification, in the Table, in column (4),-1. for the entry “4.69%”, wherever it occurs, the entry “4.75%” shall be substituted;ntry “7.03%”, wherever it occurs, the entry “7.13%” shall be substituted. 3. for the entry “9.37%”, wherever it occurs, the entry “9.5%” shall be substituted.
S. O… (E) – In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Board, being satisfied that it is necessary and expedient so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Cus (N. T.), dated, the 3rd August 2001, namely: –
The core group for convergence of Indian Accounting Standards with International Financial Reporting Standards accepts the Report of Sub-Group 1. Ministry of corporate affairs reiterates commitment to carry out the convergence of Indian accounting standards by April, 2011.
Notification No. 3/2010-Income Tax In exercise of the powers conferred by Explanation 4 to section 80G of the Income-tax Act, 1961(43 of 1961), the Central Government hereby makes the following amendments in the notification of the Government of India, Ministry of Finance, (Department of Revenue), Central Board of Direct Taxes, vide S.O. 1246(E), dated the 29th November,2002, namely :-
Notification No. 2/2010-Income Tax at page 20 of the Gazette Notification, in sixth line of clause (B) of sub-rule 2, for “amount attributable to official use of the vehicle provided that the following conditions are fulfilled”, read “amount of charges met or reimbursed by the employer as reduced by such higher amount attributable to official use of the vehicle provided that the following conditions are fulfilled ”,
