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Don't fall prey to bogus prize money offers- RBI warns public

February 17, 2011 423 Views 0 comment Print

The Reserve Bank today warned the public to not fall prey to fictitious offers of large prize money through e-mails, letters and other electronic modes of communications on payment of service charges. “Such offers (of large prize money from abroad)

India needs corporate debt market to develop infra- PM

February 17, 2011 420 Views 0 comment Print

Prime Minister Manmohan Singh on Wednesday said India needs to develop a corporate debt market to meet the projected investment of $1 trillion required to sustain the country’s economic growth rate in the 12th Five-Year Plan (2012-2017). A corporate

2G scam- CBI questions Anil Ambani on dual tech, role in Swan Telecom

February 17, 2011 414 Views 0 comment Print

The CBI today questioned ADAG chairman Anil Ambani amid allegations that his group received favours from former Telecom Minister A Raja in getting dual technology and a role for Reliance Telecom in promoting Swan Telecom. Ambani, 51, arrived at the

Budget to give clearer picture on economic reforms-Dr Singh

February 17, 2011 393 Views 0 comment Print

Under attack for high food prices and slow reforms, Prime Minister Manmohan Singh today said the UPA has not given up its economic agenda and promised clear measures in the upcoming Budget. Exuding confidence that inflation rate should be “no more th

Finance Minister to leave for Paris Tomorrow to attend G-20 Finance Ministers and Central Bank Governors Meet

February 17, 2011 360 Views 0 comment Print

Union Finance Minister Shri Pranab Mukherjee will leave for Paris tomorrow evening on a three days visit to attend G-20 Finance Ministers and Central Bank Governors’ Meet on 18th and 19th February, 2011. He will return to national capital on Sunday,2

More reforms in the Budget, assures PM

February 17, 2011 324 Views 0 comment Print

Prime Minister Manmohan Singh said on Wednesday that the government has not given up on reforms. More reforms will be unveiled in the 2011-12 Budget, said the Prime Minister. He, however, blamed the Opposition for delaying the introduction of crucia

Software vendorwise percentage of correction TDS/TCS statements accepted and rejected at TIN central system

February 17, 2011 780 Views 0 comment Print

Software vendorwise percentage of correction TDS/TCS statements accepted and rejected at TIN central system for the period October 1, 2009 to December 31, 2010

Constitutional amendment Bill on GST in coming Budget Session

February 17, 2011 532 Views 0 comment Print

The Empowered Committee of State Finance Ministers (EC) met on 11 February 2011 to discuss the third draft of the Constitutional Amendments required for introduction of GST (the Third Draft) and the compensation plan for loss of revenue on account of

CPC Bangalore gets Gold Award for Excellence in Government Process Re-engineering

February 16, 2011 891 Views 0 comment Print

The Centralized Processing Center of the Income Tax Department at Bangalore, which was established to mass-process Income Tax Returns has bagged the Gold Award in the category “Excellence in Government Process Re-engineering” at the 14th National e-G

Direct and Indirect Tax Laws (2010) Relevant for May 2011 ICAI Exams

February 16, 2011 441 Views 0 comment Print

The Board of Studies has been bringing out publications in the area of direct and indirect tax laws to help the students update their knowledge regarding statutory developments and judicial rulings on a continuous basis. “Select Cases in Direct and I

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