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Download Income Tax Calculator in Excel

October 5, 2012 149028 Views 0 comment Print

Income tax Calculator in excel format calculates tax payable by you on various source of income. It can calculate tax for all categories of Individuals including senior citizens and very senior citizens. It can calculate tax on all categories of income including business income, house property income, capital Gains, income from other sources etc. Calculator is easy and user friendly. Calculator not only consider income from various heads but it also considers the following :-

Income Tax Returns out of RTI ambit – SC

October 5, 2012 8630 Views 0 comment Print

The Supreme Court has ruled that the details of a person’s income tax returns and performance of an employee are personal information which cannot be divulged under the provisions of the Right to Information Act unless a larger public interest is involved.

Don’t Believe Fraudsters – Mumbai Air Customs

October 5, 2012 826 Views 0 comment Print

It has been brought to notice that innocent citizens are made to believe that they have won/received some international prize/award/parcel and money is demanded to fulfill some Customs formalities. All are hereby informed that Mumbai Customs is in no way concerned with the international prize/award money.

Companies Bill, 2011- Cabinet approves Amendments – Salient features + Download

October 5, 2012 4807 Views 0 comment Print

The Companies Bill, 2011, on its enactment, would allow the country to have a modern legislation for growth and regulation of corporate sector in India. The existing statute for regulation of companies in the country, viz. the Companies Act, 1956 had been under consideration for quite long for comprehensive revision in view of the changing economic and commercial environment nationally as well as internationally.

ICAI – Zone-shifting of candidates for November – 2012 CA Exams

October 5, 2012 1481 Views 0 comment Print

Due to paucity of accommodation in some Zones opted by the candidates in the cities of Chennai, Indore and Mumbai some of the candidates have been allotted examinations centres in the zone other than the zone opted in the said cities. In view of this, it is not possible to accede to the requests of the candidates for transfer to an examination centre in a particular zone of the city opted by them.

Competition Act, 2002 – Cabinet approves amendment

October 5, 2012 804 Views 0 comment Print

The Union Cabinet has approved the proposal of the Ministry of Corporate Affairs to further amend the Competition Act, 2002, with a view to fine tune it and to meet the present day needs in the field of competition, in the light of the experiences gained in the actual working of the Competition Commission of India in the last few years.

Insurance Laws (Amendment) Bill, 2008 – Cabinet approves amendments

October 5, 2012 1213 Views 0 comment Print

The Union Cabinet today approved necessary official amendments in the Insurance Laws (Amendment), Bill 2008, pending in the Rajya Sabha, with such drafting and consequential changes, if any, in consultation with the Legislative Department.

Risk Allowance, Hospital Patent Care Allowance & Patient Care Allowance doubled

October 5, 2012 2456 Views 0 comment Print

The Cabinet today approved revision of rates of Risk Allowance. Hospital Patient Care Allowance and Patient Care Allowance payable to about two lakh entitled Central Government employees to double the existing rates with effect from 1s’ September, 2008. The proposed revision in the rates of the Risk Allowance, Hospital Patent Care Allowance and Patient Care […]

Govt may soon allow ‘options’ in commodity market

October 5, 2012 1511 Views 0 comment Print

After the Bill is passed and enacted by Parliament, Forward Market Commission (FMC) as a regulator will get autonomy and power to regulate the market effectively. New products like ‘options’ will be allowed in the commodity market. This will benefit various stakeholders including farmers to take benefit of ‘price discovery and ‘price risk management’. The Bill would enhance public accountability of the Regulator by providing for an Appellate Authority.

Official amendments to the Pension Fund Regulatory and Development Authority Bill, 2011

October 5, 2012 1017 Views 0 comment Print

1. that the subscriber seeking minimum assured returns shall be allowed to opt for investing his funds in such schemes providing minimum assured returns as may be notified by the Authority; 2. withdrawals not exceeding 25 per cent of the contribution made by subscriber will be permitted from the individual pension account subject to the conditions, such as, purpose, frequency and limits, as may be specified by regulations by the Pension Fund Regulatory Authority and Development Authority (PFRDA)

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