On 26th February 2010, the Government of India vide notification (See Note-2) invited suggestions in respect of an amendment proposed to be made regarding increase in the existing wage ceiling for coverage of employees under Employees State Insuranc
Corporate social responsibility (CSR) should not be made mandatory for companies, Sunil Mittal, Chairman of India’s telecom giant Bharti Airtel, said. Voluntary compliance are always better than forced, companies who do not want to do it forcefully
Any individual being a resident in India, who is of the age not exceed sixty-five Any individual being a resident in India, who is of the age not exceed sixty-five 1 Where the total income does not exceed Rs. 160000 NIL 1 Where Total income does no
If one was to trace the key milestones in the evolution of service taxation in the country, reference will have to be made of import and export rules for services. Equally important and which probably should have been introduced much earlier, are the
Securities and Insurance Laws (Amendment and Validation) Act, 2010 (No. 26 of 2010. An Act further to amend the Reserve Bank of India Act, 1934, the Insurance Act, 1938, the Securities Contracts (Regulation) Act, 1956 and the Securities and Exchang
Government of India have announced the sale (re-issue) of (i) “7.17 percent Government Stock 2015” for a notified amount of Rs. 4,000 crore (nominal), (ii) “8.13 percent Government Stock 2022” for a notified amount of Rs. 4,000 crore (nominal) and (i
One of the main reasons for poor growth is apparently the slow processing of returns, especially in the initial quarters. Chief Commissioner of Income Tax, Mumbai circle, P P Srivastava, had in a meeting held with senior officials on August 5, pointe
As you are kindly aware that the Direct Taxes Code Bill, 2010 has been introduced in the Parliament on 30thAugust, 2010. The Direct Taxes Committee of ICAI requests you to kindly send your valuable suggestions on the same.
Direct Taxes Code (DTC), 2010, proposed significant changes in the way house property income would be subject to tax, it becomes imperative for investors to take note of the changes and plan their investment decisions accordingly.
Reserve Bank of India has suspended the license of Asia’s oldest Cooperative bank: Anyonya Co-operative Bank Limited (ACBL) Vadodara(Gujarat) for six months after examining all options for their revival. RBI has also ordered to stop all transactions
