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MNCs CAN DEDUCT TAX ON SALARIES PAID IN INDIA: SC

   28 March 2009 at 11:12

In what could have serious ramifications for multinational companies and their expat employees, the Supreme Court on Wednesday held that a foreign company registered and situated abroad is liable to deduct tax (TDS) on salary paid in the home country ..

Posted in Taxation |   371 Views


INDEPENDENT DIRECTORS: CLAUSE 49 IS FINE, BUG LIES IN APPOINTMENTS

   28 March 2009 at 11:10

INDEPENDENT DIRECTORS: CLAUSE 49 IS FINE, BUG LIES IN APPOINTMENTS Even as corporates generally appreciate the prescribed corporate governance norms set out in Clause 49 of the Listing Agreement, a Grant Thornton-Ficci study reveals the bane of the i ..

Posted in Corporate Law |   271 Views


Appointment of Additional Judges of Chhattisgarh High Court

   28 March 2009 at 10:54

Appointment of Additional Judges of Chhattisgarh High Court In exercise of the powers conferred by clause (1) of Article 224 of the Constitution of India, the President is pleased to appoint (1) Shri Nawal Kishore Agarwal, (2) Shri Pritinker Diwaker, ..

Posted in Others |   239 Views


Appointment of Additional Judges of Madras High Court

   28 March 2009 at 10:53

Appointment of Additional Judges of Madras High Court In exercise of the powers conferred by clause (1) of Article 224 of the Constitution of India, the President is pleased to appoint (1) Shri R.S. Ramanathan, (2) Shri Balasundaram Rajendran, (3) Sh ..

Posted in Others |   302 Views


Uttarakhand HC stops NABARD chief from performing duties

   27 March 2009 at 21:20

The Uttarakhand High Court has stopped NABARD Chief Umesh Chandra Sarangi from discharging his duties.A bench comprising Chief Justice B K Gupta and Justice B K Bisht gave the ruling on a plea by Deputy General Manager Sushil Das.Das had opposed the ..

Posted in Others |   292 Views


SC directs EC to allot election symbol to 3 parties in south

   27 March 2009 at 21:19

The Supreme Court directed the Election Commission to allot common election symbols to Chiranjeevis Praja Rajyam party and two other political parties in the south as an interim arrangement.Popular Telugu film star Chiranjeevis Praja Rajyam party wil ..

Posted in Others |   339 Views


SC asks for name of Judges not under scanner of CBI in GPF Scam

   27 March 2009 at 21:17

The Supreme Court today directed the CBI to file a fresh status report within a week giving the names of those judges who are no longer under the scanner of the investigating agency in Rs 7-crore Ghaziabad district court GPF scam.A bench comprising J ..

Posted in Others |   217 Views


CBI wants Satyam founder Raju to undergo lie detector test

   27 March 2009 at 17:37

The Central Bureau of Investigation (CBI) on Thursday said that it wants the Satyam Computers Services founder Ramalinga Raju to undergo a lie detector test in connection with the multi-billion fraud at the IT major."We have filed an application in a ..

Posted in Criminal Law |   165 Views


Varun Gandhi to approach SC against Allahabad HC judgment

   27 March 2009 at 17:10

BJP candidate from Pilibhit Varun Gandhi is likely to approach the Supreme Court within a day or two against an Allahabad High Court judgment dismissing his petition for quashing of FIR registered against him for his hate speech against minority comm ..

Posted in Others  1 comments |   328 Views


IT dept knocks SC's door on Amitabh Bachchan's tax issue

   27 March 2009 at 16:51

The Income-Tax department has approached the Supreme Court challenging the Bombay High Court order granting 30 per cent rebate in income tax under section 80 RR of the Income Tax Act to Bollywood star Amitabh Bachchan on his income from the game show ..

Posted in Taxation |   277 Views