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Soon your property will have Unique Property Identification (PID) numbers

October 26, 2010 942 Views 0 comment Print

Not just you, now your property too will get a unique identification number. By January 2011, all property owners of Bangalore will finally get their updated unique Property Identification (PID) numbers.

Satyam case – Trial to begin from November 2

October 26, 2010 510 Views 0 comment Print

The trial in multi-crore Satyam Computers accounting fraud case would begin from November 2, nearly 22 months after B Ramalinga Raju, disgraced founder of Satyam Computer Services admitted fudging of company accounts to the tune of Rs 7,200 crore (Rs

Deadline for implementation of mobile number portability postponed

October 26, 2010 453 Views 0 comment Print

Communications Minister A Raja’s promise to let people switch their mobile service operators while retaining their telephone number has got delayed once again – the deadline for the implementation of mobile number portability has been postponed from

Supreme Court dismisses Mahesh Bhupathi plea for tax relief

October 26, 2010 657 Views 0 comment Print

Mahesh Bhupathi has been a resolute fighter on the tennis court since he turned pro in 1995. Clawing his way up the ATP rankings, he has earned a career prize money of $5,191,184. But on Monday he decisively lost the tenacious fight he waged right up

Direct Taxes Code would be implemented on April one, 2012

October 26, 2010 820 Views 0 comment Print

Union Minister of State for Finance S S Palanimanickam today said the Direct Taxes Code would be implemented on April one, 2012. “It will be implemented on April 1, 2012. There is no change in that…”, he told reporters. In August, the Government de

RBI wants lock-in period for Foreign Direct Investment in hotels, tourism

October 26, 2010 1079 Views 0 comment Print

The Reserve Bank of India (RBI) has advised the government to impose strict new riders and set up a monitoring mechanism to prevent a real estate bubble. That, the central bank fears, may be created due to diversion of foreign funds meant for hotels

RBI not in favour of conversion of Company into LLP

October 26, 2010 2855 Views 0 comment Print

A year ago when a new law allowed Indian businessmen to form limited liability partnerships (LLPs), corporate houses felt it would be an easy way to escape tax. But today, many are running into a wall. And, the resistance is coming from an unlikely q

DoT plans to use Unique Identification numbers as an identity and address proof for issuing a new mobile or landline con

October 26, 2010 342 Views 0 comment Print

The department of telecommunications is planning to use Unique Identification numbers, which will be issued by the government, as an identity and address proof for issuing a new mobile or landline connection. The strength of the UID system will be u

SEBI set to allow Retail investors to invest up to Rs 2 lakh in IPO

October 26, 2010 375 Views 0 comment Print

Retail investors will get to double their bets on initial public offerings as the market regulator is set to raise the limit to Rs 2 lakh, the first revision in five years, as it attempts to keep pace with the eroding value of the rupee. The proposal

Supreme Court adjourns hearing on Vodafone tax case to 15th Nov

October 26, 2010 444 Views 0 comment Print

The Supreme Court on Monday adjourned hearing in the tax case against Vodafone to 15th November after the telecom company sought time to go through the Rs. 11,218 crore tax notice sent by the Income Tax department.

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