The Industrial Disputes Act does not prescribe any time limit for referring a dispute to the labour court, the Supreme Court has stated in its judgment, Kuldeep Singh vs Instrument Design Development Centre. In this case, the employee was terminated
It’s coming to the end of 2010, and it may be coming to our mind that what to expect in terms of new threats and related trends in 2011. I have to say that I don’t see total revolutions in the threats – just continuing evolutions of the same threats
Central Sales Tax Act 1956 envisages single point of taxation i.e. tax at the first point of sales. Subsequent sales during the movement of the goods from one state to another have been exempted under section 6(2) of CST Act. Before proceeding to understand which sale is exempted under section 6(2) and the conditions for exemption, one should understand some relevant concepts relating to it.
As per briefing received by me from my senior who attended the Court on 14th Dec., DHC after hearing detailed arguments from Mr. Harish Salve, Sr. Advocate and Mr. Chandihok, ASG, (with brief intervention by Mr. Ganesh) accepted the suggestion emanat
In 1922, the noted freedom fighter Mr. C. Rajgopalachari wrote in his prison diary that
The ITAT held that the payments for services rendered with regard to reassembling and recommissioning of machinery in India under the Indian Tax Laws (ITL) and the India-Italy Double Taxation Avoidance Agreement (DTAA), would be excluded from fees for technical services (FTS) under the DTAA since the same were in the nature of business profits.
we are attempting to present the grounds on which departmental authorities are disallowing the refund claims relating to “Amount of 500/-” against the services on which refund has been claimed. This complete state of affairs is humorously picturized
The day of Oil and Coal is going to come to an end. Don’t get shocked by hearing what I said. Coal and Oil is not going to get depleted neither not going to get evaporated from the earth. We know that when the crude price was floating around $147/barrel the world economic condition was under severe pressure .Prices of commodity became expensive and inflation stated picking up followed with application monetary restriction polices. Apart from oil price affects on commodity and cost living, coal imposed further pressure on the cost of production and operation of the industries globally. The industrial sector uses more energy globally than any other end-use sector, currently consuming about 50% of the world’s total delivered energy. Energy is consumed in the industrial sector by a diverse group of industries—including manufacturing, agriculture, mining, and construction—and for a wide range of activities, such as processing and assembly, space conditioning, and lighting.
We are all witness to the fact that silver has out smarted its senior- gold. Silver has now emerged as a necessary part of one’s portfolio. Given the present trend and future demand, silver will extinct faster than gold and silver prices are expected to rise sharper than that of gold.
I have been continuously focusing at the complications in the corporate world and especially about the protection to the shareholders in a Company. I have seen cases where the majority does everything in order to deny the rightful share of the minority shareholders or the group; or to make the company a shell company.
