The issue of amendments to the RTI Act including regarding rejection of vexations and frivolous requests was discussed in a meeting held with the Chief Information Commissioners and Information Commissioners on 14.10.2009. Different views were expr ..
The ministry of corporate affairs has been in the thick of policymaking in the aftermath of the Satyam scandal. Corporate affairs secretary RCorporate affairs secretary R Bandyopadhyay Bandyopadhyay speaks about the many challenges before the mini ..
The Supreme Court has ruled that it is not necessary to square off bad debts by closing borrower’s account individually to claim deduction by the assessee lending institutions under the provision of the Income Tax Act. A bench comprising Jus ..
The Delhi High Court (HC) on Thursday said the National Stock Exchange (NSE) was a public authority and was bound to reveal information under the Right to Information (RTI) Act. Justice Sanjiv Khanna dismissed NSE’s plea that it could not be f ..
Independent directors of many companies post the Satyam episode were apprehensive about continuing with their roles, said R Bandhopadhyaya, secretary, Ministry of Corporate Affairs. He was speaking on the new Company Law Bill, corporate social respo ..
The government on Monday said the new Companies Bill seeks to provide more powers to the shareholders and ensure greater transparency about the functioning of corporates. "The new (companies) bill, which hopefully we will pass this year, is wit ..
Accounting regulator ICAI has called for excluding land value from the proposed service tax on the realty sector, saying land is a state subject. "When a prospective buyer makes an advance payment to the builder against booking of a specified u ..
The Reserve Bank has directed urban cooperative banks not to treat the accounts of the farmers covered under the Debt Relief Scheme as bad if they agree to repay 75 per cent of due by June 30, 2010. The RBI directive follows the government decision, ..
The finance ministry will soon unveil a new format for income-tax returns that will hopefully make tax filing easier for the salaried and pensioners. Theoretically, redesigning a returns form should not be as complex as, say, rewriting archaic incom ..
The government on Monday said the new FDI policy “is doing very well”, signalling that the private sector banks like ICICI Bank and HDFC Bank will be treated as foreign entities as majority of their ownership lies with overseas investors ..
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