The UK-based Vodafone Group Plc is confident that it would not have to shell out income tax in India for the Group’s $11.2-billion acquisition of local mobile operator Hutchison Essar Ltd in 2007. The Netherlands- based unit of Vodafone — Vodafone International Holdings BV had acquired a 67 per cent stake in Hutchison Essar, which has since been renamed as Vodafone Essar.
As you are aware the last date for filing of your company’s annual return & balance sheet for the current year is round the corner. These documents have to be filed in electronic form online into the MCA21 portal. Since the size of each document is huge (2MB or more), the last minute rush creates a congestion in the system which is then unable to process pending requests fast.
In view of the closure of bank on account of weekly holiday on Sunday i.e.1st August, 2010, it has been decided that the last date for registration to Integrated Professional Competence Course (IPCC) is extended upto 2nd August, 2010 for being eligible to appear in the Integrated Professional Competence Examination (IPCE) to be held in May, 2011.
“The Cabinet gave approval to amend Section 8 of Punjab Value Added Tax Act, 2005, for levying VAT on petrol up to 35 per cent in view of the recommendation of the committee comprising Deputy Chief Minister Sukhbir Singh Badal and Local Government & Industries Minister Manoranjan Kalia,” an official release said after a meeting of the state Cabinet here, presided over by Chief Minister Parkash Singh Badal.
The Motor Vehicle Amendment Bill, which has several recommendations related to improving the safety on roads, has been further delayed. It may be introduced in the winter session of Parliament. The Road Transport Minister, Mr Kamal Nath, had stated that the Ministry would try to present the Bill in the Monsoon Session.
B Ramalinga Raju, prime accused in the multi-crore Satyam case, is slated to stay as an in-house patient of Nizam’s Institute of Medical Sciences (Nims) for another 22 weeks. Raju is undergoing treatment for Hepatitis C in the hospital.
Retirement fund manager EPFO’s apex decision-making body, the Central Board of Trustees, will meet on September 4 to decide on the interest rate for depositors for 2010-11, which is likely to be 8.5 per cent.
Whereas the draft regulations further to amend the Company Secretaries Regulations, 1982 were published as required by sub-section (3) of section 39 of the Company Secretaries Act, 1980 (56 of 1980) at pages 1 to 27 in the Gazette of India Extraordinary, Part III, Section 4 dated the 30th October, 2008 under the notification of the Institute of Company Secretaries of India
The Unique Identification Authority of India (UIDAI) has selected three Biometric Solution agencies and awarded contract to consortiums led by M/s Accenture, Mahindra Satyam ~ Morpho and L1 Identity Solutions to implement the core biometric identification system in for the “Aadhaar” programme.
The following booths are proposed to set up for the elections. The members eligible to vote in terms of Rule 5 of the Company Secretaries (Election to Council) Rules, 2006 (the Rules) may send their options in terms of Clause 3 of Schedule 2 of Rule 6 to the Rules by 31st August, 2010 for a particular booth in cities/ town located in New Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Ahmedabad & Pune, having more than one polling booth located at different addresses. The information has also been hosted on website of the Institute.
