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SC allows Mayawatis plea for adjournment in DA case

   31 August 2010 at 10:30

SC allows Mayawati's plea for adjournment in DA case The Supreme Court has allowed UP CM Mayawati's plea seeking postponement of hearing in the disproportionate assets case relating to her declared wealth going up from Rs one crore in 20 ..

Posted in Others |   381 Views


Highlights of the DTC bill placed in the Lok Sabha

   31 August 2010 at 10:19

Highlights of the DTC bill placed in the Lok Sabha Following are the highlights of the Direct Tax Code bill placed in the Lok Sabha by Finance Minister Pranab Mukherjee on Monday. * Income tax exemption limit proposed at Rs 2 lakh per annum, up ..

Posted in Taxation |   1542 Views


Corporate India cautious in welcoming DTC bill

   31 August 2010 at 10:17

Corporate India cautious in welcoming DTC bill Corporate India was cautious in its response to the Direct Taxes Code bill, welcoming the proposal to raise the exemption limit for individual tax payers, while expressing disappointment that corpor ..

Posted in Taxation |   798 Views


DTC introduced in Parliament with marginal benefits

   31 August 2010 at 10:16

DTC introduced in Parliament with marginal benefits Diluting some of the promises, government on Monday introduced in the Lok Sabha the Direct Taxes Code Bill seeking to increase exemption threshold for income tax payers and reduce corporate tax ..

Posted in Taxation |   1338 Views


India Switzerland sign revised taxation treaty

   31 August 2010 at 10:14

India, Switzerland sign revised taxation treaty India and Switzerland on Monday signed the revised Double Taxation Avoidance Agreement, a move that will help the government seek details about illicit wealth allegedly stashed away by Indians in S ..

Posted in Taxation |   654 Views


DTC bill tabled in LS proposes exemption limit of Rs 2 Lakh

   31 August 2010 at 10:11

DTC bill tabled in LS; proposes exemption limit of Rs 2 Lakh The Government on Monday tabled the much-awaited Direct Taxes Code bill (DTC) in the Lok Sabha which proposed to raise the exemption limit on income tax from the current Rs 1.6 lakh to ..

Posted in Taxation |   569 Views


Even judges enjoy rights to work with dignity- CJI

   30 August 2010 at 10:06

Even judges enjoy rights to work with dignity: CJI Chief Justice of India S H Kapadia on Saturday expressed anguish over pathetic working conditions in trial courts in the country, saying even judges enjoy the rights enshrined under Article 21 o ..

Posted in Others  1 comments |   661 Views


Relief to tax payers in offing- Govt to table DTC bill today

   30 August 2010 at 10:01

Relief to tax payers in offing: Govt to table DTC bill today The Government will table the much-awaited Direct Taxes Code (DTC) bill in the Lok Sabha on Monday, that is expected to provide relief to income tax payers, both personal and corporate ..

Posted in Taxation |   599 Views


General Circular No- 3/2010 dated 10.08.2010 - Easy Exit Scheme, 2010

   28 August 2010 at 11:31

General Circular No: 3/2010 dated 10.08.2010 - Easy Exit Scheme, 2010 General Circular No. 312010 F. No. 21712010-CL V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi Dated the 10&q ..

Posted in Corporate Law |   697 Views


Loans to SCs and STs

   28 August 2010 at 11:16

Loans to SCs & STs Banks extend loans to Scheduled Castes (SCs)/ Scheduled Tribes (STs) under Priority Sector Lending (PSL). SCs/ STs from a sub-category under Weaker Section of PSL. Further, under Government Sponsored Schemes, the reserv ..

Posted in Others |   728 Views