Phone tapping by the country’s tax authorities may have created a major controversy, but the capital market watchdog Sebi is not authorised to intercept calls and is awaiting the government’s permission for years.
Central security agencies are likely to question some officials of market regulator SEBI and a few stock market operators on leakage of a classified report purportedly prepared by the Intelligence Bureau, which led to fall in share prices of many sma
Union Finance Minister Pranab Mukherjee praised the efforts and professional competence of the Income Tax Department in handling the Vodafone tax dispute efficiently in all the forums. The department at present expects the Rs 2,500 crore in tax colle
A Duplicate Mark Sheet can be obtained on payment of Rs. 50/- only within a maximum period of 5 years from date of declaration of the concerned examination results. Duplicate Mark Sheet for the examination whose date of declaration of results is beyo
The Government has advised exporters that in view of the crisis in Greece, exports should be carried out only against an irrevocable letter of credit. Stating this in a written reply in Lok Sabha, the Minister of State for Finance, Mr Namo Narain Mee
National Advisory Council (NAC) will examine threadbare the new draft rules framed for Right to Information Act , which make it mandatory for applicants to file questions in 250 words and pay for hiring photocopy machine used to provide information. NAC’s sub-group on transparency and accountability, headed by social activist Aruna Roy, would discuss the draft rules in its meeting on Monday. The draft rules for RTI Act have been framed by the department of personnel and training (DoPT) and have been put up on the website to seek public opinion.
The Insurance Regulatory and Development Authority (Irda) today said the guidelines for merging general insurance companies are expected to be out by next week. “Probably by next week, it will come out…,” Irda Chairman J Hari Narayanan told report
CAG is planning to set up an international centre for environmental audit and sustainable development at Kant Kalwar village, 35 kms from Jaipur. The centre, which is coming up after International Organisation of Supreme Audit Institutions (INTOSAI) chose India for imparting environmental and sustainable development audit, will be the second CAG international institute for imparting training to international auditors.
RBI has amended the Non-Banking Financial (Deposit Accepting) Companies Prudential Norms Directions, 2007 and Non-Banking Financial (Non-Deposit Accepting) Companies Prudential Norms Directions, 2007 requiring every NBFCs to finalize its balance shee
India is projected to become the second most attractive destination for FDI in 2010-12, as per UNCTAD’s World Investment Report, 2010. The projection made in the report is based on the survey conducted among Trans National Corporations (TNCs). Countr
