The Centre plans to invoke a constitutional provision to end the wide disparity and diversity of motor vehicle taxes across the states. The idea is ensure that sundry taxes and levies on vehicles, including excise duty, road tax, registration charge ..
The Reserve Bank of India today said it may come out with guidelines on new banking licences in about three months. "It (framework on new banking licences) may take three months. It all depends on what are the situations and complexities of iss ..
The Maharashtra Government has not taken a final decision on levying entertainment tax on the IPL, said the Chief Minister, Mr Ashok Chavan, on Wednesday while addressing the media on the eve of budget session. When it was pointed out that the State ..
In an effort to check the common irregularities being committed by the trading community more effectively, market regulator Sebi today came out with a master circular that consolidates various rules for oversight on different market players. Listing ..
The country's largest retirement fund manager EPFO's trustees are likely to announce next month 8.5 per cent interest rate for over 4.71 crore depositors for 2010-11. The Employees' Provident Fund Organisation's (EPFO) apex body Cent ..
The Geneva-based International Air Transport Association (IATA) has written to the Finance Minister, Mr Pranab Mukherjee, calling for a relook at the Budget 2010-11 proposal to levy a service tax on domestic and international air transport. “T ..
Industry body Assocham has asked the government to roll back the service tax proposed on real estate developers at the time of construction, as it would increase the tax burden on home buyers and impact the recovery of the sector. The government, in ..
On the eve of World Consumer Rights Day, the government today said it will soon propose amendments to the Consumer Protection Act in Parliament, aimed at speedy disposal of a large number of consumer cases. "We are in the process of bringing ab ..
The initial public offer (IPO) guidelines for the insurance sector are likely next month, the Insurance Regulatory and Development Authority (IRDA) today said. "The IPO guidelines could take a month-time and Securities and Exchange Board of Ind ..
Finance Minister Pranab Mukherjee Wednesday said the initiatives taken and proposed in the new direct tax code (DTC) will check avoidable litigations with resident as well as non-resident tax payers. Addressing the Parliamentary Consultative Committe ..
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