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ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6, ITR 7, ITR 8 in Excel Word PDF – AY 2010-11

May 6, 2010 128015 Views 0 comment Print

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Large unlisted companies may be allowed to list with 10% public holding

May 4, 2010 397 Views 0 comment Print

The finance ministry plans to exempt large unlisted companies from the proposed 25% minimum public holding norm to ensure that it does not discourage them from going public.

Additional declaration & undertaking for registration of FII and sub-account of FII

April 21, 2010 477 Views 0 comment Print

Securities and Exchange Board of India [SEBI] has amended the instructions for filling applications for registration of a Foreign Institutional Investor [FII] and sub-account of FII. Applicants are now required to provide additional declarations and undertakings along with the application form for registration of FII / sub-account of FII.

Dual Listing

April 16, 2010 1893 Views 0 comment Print

Dual Listing has been in the news in recent times due to the proposed alliance between Asia’s leading telecommunications provider Bharti Airtel and South Africa-based MTN Group that would help create the third largest mobile phone group in the world. This has created a buzz in the world of telecommunications. However, this alliance is dependent upon one important aspect or issue – it is of “Dual Listing”.

IPO Scam: Investors will receive compensation out of money recovered from scamsters

April 10, 2010 567 Views 0 comment Print

For the first time in the history of the stock market, investors who lost out on allotment of shares due to a scam will receive compensation from money recovered from scamsters. Finance Minister Pranab Mukherjee will on Monday hand over the cheques to investors who lost out because scamsters cornered the shares meant for retail investors in initial public offerings (IPO) during 2003-05.

Summary of recent Amendments to the Equity Listing Agreement

April 9, 2010 399 Views 0 comment Print

Securities and Exchange Board of India [SEBI] has, on 5 April 2010, directed Stock Exchanges [SE] to amend the Equity Listing Agreement [LA]. The amendments to LA puts in place of earlier decisions of SEBI Board meetings held on 22 September 2009 and 9 November 2009 and are applicable to companies listed on SE in India. The highlights of the amendments to LA are as under:

Amendments to the Equity Listing Agreement : SEBI

April 6, 2010 603 Views 0 comment Print

As part of its review of the existing disclosure requirements and to bring more transparency and efficiency in the governance of listed entities, SEBI has made certain amendments to the Equity Listing Agreement, vide its circular dated 05 April 2010. The key amendments relate to the following:

Tax rate of Income Tax, Dividend Distribution, STT, Wealth, MAT & Special Income – A.Y. 2011-12

March 29, 2010 17619 Views 0 comment Print

Basic exemption limit remains the same. The slab for 10% tax has been revised to Rs. 5,00,000/- from the existing Rs. 3,00,000/- in case of Individuals, HUFs, AOPs and BOIs. Surcharge of 10% applicable to domestic companies has been reduced to 7.5%. There is no change in the rate of surcharge of 2.5% in case of foreign companies.

TDS Rate for FY 2010-11/ AY 2011-12 with Amendment

March 29, 2010 129514 Views 3 comments Print

Download tds rate for financial year 2010-11, Download tds rate for Assessment year 2010-11, TDs chart for f.y. 2010-11, tds chart for A.Y. 2011-12, tds changes in budget 2010, tds rates, tds calculator, tds rate for financial year 2010-11, tds rate for Assessment year 2010-11,

Tax rate for AY 2011-12 on Income, Dividend, Wealth, MAT, STT, Capital Gain & Presumptive Income

March 20, 2010 114577 Views 0 comment Print

(a) In the case of a resident woman below the age of 65 years, the basic exemption limit is INR 190,000. (b) In the case of a resident individual of the age of 65 years or above, the basic exemption limit is INR 240,000 (c) Surcharge is not applicable (d) Education cess is applicable @ 3 percent on income-tax

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