In a new twist to the black money issue, Tehelka on Friday released the names of 15 Indians, including three trusts, who it claimed had stashed their wealth in the LGT bank in Liechtenstein, a well-known tax haven. Revealing only the names but not th
Income tax department officials on Friday conducted searches in the office and residence of TDP MP Nama Nageswara Rao. I-T officials raided Nageswara Rao’s construction firm Madhucon in his native Khammam town besides premises at Hyderabad, sources s
According to new rules, which will come into force from April one (next financial year), the ITO in ‘small cities and mofussil areas’ will now handle non-corporate returns up to Rs 15 lakhs (Rs 1.5 million) and corporate returns up to Rs 20 lakhs (Rs
As Indian companies farm out across the globe chasing business where they can through a slew of M&As and joint ventures, stodgy Indian banks are spreading following suit, as much to retain clients as to chase profits.
Considering the overwhelming response both from CA Firms and students and the result of IPCC/PCC exam which is expected to be declared on 5 th February, 2011, online placement portal has been reopened from 29th January,2011. Both eligible CA firms an
British telecom major Vodafone today contested Rs 11,000 crore tax imposed by Indian authorities on its acquisition of Hutchison, saying it has no tax liability and will continue to take actions to defend itself. Vodafone International Holdings BV
In the last two years, the Government of India has been making series of changes to the provident fund regulations. • After inclusion of international workers (IWs) into the PF net, and also restricting their withdrawals, the Government of
The last date for registration for Integrated Professional Competence Course (IPCC) has been extended upto 15th February, 2011. Students are advised to ensure that the registration papers are submitted to their respective Decentralized Offices of the
Market regulator SEBI today barred 39 entities from accessing securities markets for allegedly creating artificial volumes and price rise in certain scrips. “The (39) entities/persons are restrained from accessing the securities market and further pr
The Kerala High Court Thursday gave the green signal to a company registered under the tenets of sharia to start operating a financial institution based on the principles of Islamic banking with the participation of a state-run firm.Such institutions
