The government plans to introduce a separate legislation to speed up insolvency proceedings and help distressed firms wind up operations quickly. The new law will shorten the legal processes involving insolvency operations of small and medium entiti ..
The Central Board of Excise and Customs (CBEC) has made it mandatory for assessees who have paid Rs 10 lakh or more as service tax for 2008-09 to file returns electronically through internet banking from this year. Notifications issued by the govern ..
SEBI on Monday made it mandatory for all listed companies to disclose their quarterly results within 45 days of the quarter end, to disclose their balance sheets every half year, as well as make sure that their auditors have been subject to the &ldq ..
Tax evasion could land you behind bars if the country’s direct taxes authority has its way. The central board of direct taxes wants to prosecute tax evaders under the tough anti-terror financing law, even as it looks to adopt a more friendly a ..
The Madras High Court has held that an instrument, whether a certificate of sale or sale deed, issued in a public auction of properties, was chargeable with stamp duty under Article 18 read with Article 23 of Schedule I to the Indian Stamp Act, 1899 ..
Following criticism and pressure from the Opposition, Sheila Dikshit-led Delhi government today withdrew a four-per-cent value-added tax (VAT) on cooking gas, resulting in a Rs 12-13 relief to consumers. The Delhi government, however, did not roll b ..
SEBI is again taking up for hearing the case relating to the role of audit firm PriceWaterhouse in the multi-core Satyam fraud. This follows the rejection by SEBI of the audit firm's application for a consent settlement earlier this month, a sou ..
The Confederation of Real Estate Developers’ Associations of India (Credai) today said it would consider taking the government to court if its demand for excluding land cost from the proposed service tax on housing complexes under construction ..
The government will shortly introduce a new Companies Act which would ensure greater transparency and accountability in corporate India, a senior Central government official said. "The new Companies Act is already placed on the table of the Hou ..
The Indian Cellular Association (ICA) has made a representation to the West Bengal Government for bringing down the value added tax (VAT) across all types of mobile handsets to five per cent, according to ICA's National President, Mr Pankaj Mohi ..
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