The government’s move to offer fresh excise duty exemptions to companies already enjoying a tax holiday in Himachal Pradesh and Uttarakhand is blatantly wrong. It does damage to the goal of having a harmonised goods and services tax, to the economic
Lack of preparedness on the part of mobile operators may force the Telecom Regulatory Authority of India (TRAI) to extend its January 1, 2011 deadline to begin its crackdown against telemarketing companies for making unsolicited calls and sending SMS
Satyam Computer Services Ltd. said Tuesday it has received a letter from India’s tax department requesting it to get its accounts audited for the tax assessment years of 2002-2003 and 2007-2008. No further details were provided in Satyam’s filing to
Cash reserve ratio (CRR) of scheduled banks increased by 75 basis points from 5.0 per cent to 5.75 per cent of their net demand and time liabilities (NDTL) in two stages. The first stage of 50 basis points increased from the fortnight beginning Febru
Extension of last date for complying with the requirements of CPE hours credit from 31st December, 2010 to 31st March, 2011 This is for kind information of the members that the Council of the Institute has decided to extend the CPE Block period of
‘ICAI Awards 2010 Corporate CA Achiever’s Acclaim’ have been instituted to honour the contributions and achievements of CAs who are in Industry. To facilitate the nominations the last date of receipt of the nomination forms has been extended from 23r
Banks will ask for an additional password from their credit card customers from the new year for any transactions conducted over phone, subsequent to a Reserve Bank direction for making phone banking more secure. As per the RBI guideline, all the ban
SEBI has challenged in the Bombay High Court an order of the Central Information Commission to make public action taken by it on a complaint against Reliance Industries Ltd in the year 2000 on the sale of 12 crore shares for the benefit of its promot
The Ministry of Labour & Employment has made serious efforts to implement various provisions mandated relating to enhancement of the welfare and well-being of farmers, farm labour and workers particularly those in the unorganized sector, ensuring the
Income tax sleuths unearthed under-invoicing and tax evasion of around Rs 86 crore by Obulapuram Mining Company (OMC), run by Karnataka’s Reddy brothers and also their trusted confidante and state health minister B Sriramulu. The scam that can furthe
