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Unique Electronic Clearing System -Department of Excise & Taxation, Punjab

December 12, 2010 997 Views 0 comment Print

The Excise and Taxation Department introduced a Unique Electronic Clearing System at the Information Collection Centres (ICC) to facilitate smooth flow of traffic, reduce the waiting time of transport¬ers / taxpayers, and to minimize their inter¬face

EPF board to Increase Exposure for PFIs; PSUs Investments

December 12, 2010 501 Views 0 comment Print

he 191st meeting of the Central Board of Trustees, Employees Provident Fund was held under the Chairmanship of Shri Mallikarjun Kharge, Minister for Labour and Employment and Chairman, Central Board of Trustees (Employees’ Provident Fund), in New Del

I-T department issues notices to Brokers, corporate investors for 'under-reporting' of income

December 12, 2010 645 Views 0 comment Print

The Income Tax department is learnt to have sent notices to over a dozen proprietary stock trading firms and corporate investors, for alleged ‘under-reporting’ of taxable income for assessment years 2006-07 and 2007-08 .

Clarification by Union Home Secretary on Radia tapes

December 12, 2010 483 Views 0 comment Print

Following is the text of the clarification, issued by the Union Home Secretary, Shri G.K.Pillai here today on the issue of interception of the telephones of Ms Niira Radia.

Income-Tax Department denies leaking Radia tapes

December 12, 2010 519 Views 0 comment Print

The Income-Tax Department on Friday denied leaking ‘Radia tapes’. Responding to the Tata Group Chairman, Mr Ratan Tata’s petition, the Department, in an affidavit before the Supreme Court, said a probe was on into the leak.

SC may make public the report on black money submitted by ED

December 12, 2010 574 Views 0 comment Print

The Supreme Court today said it will consider making public the status report filed by the Enforcement Directorate about its investigations into the issue of black money stashed in foreign banks only after examining it. “We will go into the status r

Extra FSI may reduce realty prices

December 12, 2010 423 Views 0 comment Print

The amendment to the Maharashtra Regional and Town Planning Act, 1966, allowing additional floor space index of .33 in the suburbs for a premium is expected to reduce realty prices to some extent, real estate experts said. The reason: rates of Transf

What's in a name? A lot for India Inc during 2010

December 12, 2010 396 Views 0 comment Print

As the year draws to an end, it emerges that at least 152 listed companies in the country changed their names during 2010 — the maximum number of name changes in a decade — and such companies include those from big business houses like Tatas, Amban

CCI wing recommends action against NSE for abusing its dominant position in currency derivatives trade segment

December 12, 2010 360 Views 0 comment Print

The investigation wing of the competition watchdog CCI is believed to have recommended action against the National Stock Exchange (NSE) for abusing its dominant position in currency derivatives trade segment. “…it is concluded that NSE has abused

Sebi to snoop on Facebook, Twitter for stock market probe

December 12, 2010 414 Views 0 comment Print

With an aim to use latest technology in its probe and oversight on stock market deals, watchdog Sebi is putting in place new software tools that would analyse discussions on social networking platforms.

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