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Preparation of correction TDS/TCS statement made easy

   22 July 2010 at 10:46

Preparation of correction TDS/TCS statement made easy. Register your TAN online and get your consolidated TDS/TCS statementDeductors / collectors are required to furnish a quarterly TDS / TCS statement as per guidelines of the Income Tax Department ..

Posted in Taxation  1 comments |   2938 Views


Govt proposes 20% GST on goods, 16% on services

   22 July 2010 at 10:34

Govt proposes 20% GST on goods, 16% on services Finance Minister Pranab Mukherjee on Wednesday proposed a three-rate structure for the Goods and Services Tax - which will simplify the indirect tax regime. Under this goods will attract 20 percent ..

Posted in Taxation |   782 Views


DTC, GST Bills likely in Monsoon session: Revenue Secy

   21 July 2010 at 12:51

DTC, GST Bills likely in Monsoon session: Revenue Secy The government on Tuesday said the direct taxes code (DTC) Bill and a constitutional amendment bill to implement the goods and services tax (GST ) are likely to be introduced in the Monsoon se ..

Posted in Taxation |   645 Views


AP high court grants bail Former Satyam MD

   21 July 2010 at 12:48

AP high court grants bail Former Satyam MD The Andhra Pradesh High Court on Tuesday granted bail to former Satyam managing director Rama Raju, former chief financial officer Vadlamani Srinivas and three others accused in the multi-crore rupee acc ..

Posted in Others |   361 Views


No protection to tenant after second default in payment: HC

   18 July 2010 at 22:08

A tenant who fails to pay rent despite court's order cannot seek its protection against eviction from premises, the Delhi High Court has said. The Delhi Rent Control Act grants protection to the defaulter tenant if the due sum is deposited. Howe ..

Posted in Civil Law  3 comments |   1980 Views


Pay equal relief to disabled, normal victims in accident: Court

   18 July 2010 at 22:06

A disabled person cannot be granted less compensation than a physically fit person for injuries suffered in a road accident, the Delhi High Court has held.The court said this while setting aside a Motor Accident Claims Tribunal (MACT) order which gr ..

Posted in Others  1 comments |   480 Views


Police verification of judges is mandatory: SC

   18 July 2010 at 22:01

Taking a serious view of the fact that a person in the "rowdy list" was appointed as a district judge, the Supreme Court has directed all High Courts to henceforth ensure that police verification was carried out before making appointments ..

Posted in Constitutional Law  1 comments |   667 Views


Bar Council of India moves Supreme Court

   18 July 2010 at 21:46

Instead of fighting the same litigation in different high courts, the Bar Council of India (BCI) has approached the Supreme Court (SC) seeking all petitions challenging the All India Bar Examination be clubbed and heard in the SC. Solicitor general ..

Posted in Others  4 comments |   2305 Views


Court says Hindu gods can't trade in shares

   18 July 2010 at 21:45

MUMBAI — An Indian court has ruled that Hindu gods cannot deal in stocks and shares, reports said Saturday, after an application for trading accounts to be set up in their names.Two judges at the Bombay High Court on Friday rejected a petition ..

Posted in Others |   462 Views


Finland Becomes First Country to Make Broadband a Legal Right

   18 July 2010 at 18:58

Finland Becomes First Country to Make Broadband a Legal Right Finland has officially become the first nation in the world, to make broadband connectivity a le ..

Posted in Constitutional Law |   682 Views