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Lawyersclubindia News


Lawyers for national judicial commission

   24 August 2009 at 13:14

The state unit of All India Lawyer's Union (AILU) on Sunday demanded the constitution of a national judicial commission and decided to send a proposal to this effect to the law ministry. In a meeting held under the chairmanship of its state presiden ..

Posted in Others |   178 Views


Satyam Scam: Leading stock broker under scanner

   24 August 2009 at 13:09

The investigations in the multi-crore Satyam accounting scam has indicated the role of a prominent stock broker prompting the Central Bureau of Investigation to seek filing of another charge sheet in the case, which may be done soo ..

Posted in Corporate Law |   186 Views


Early warning to prevent Satyam repeat: Khurshid

   24 August 2009 at 13:04

The Union ministry of corporate affairs is putting in place an ‘early warning system’ to prevent recurrence of frauds like that of Satyam Computer Services, according to minister Salman Khurshid."Experts are working on it," he s ..

Posted in Corporate Law |   145 Views


Banks can be allowed multiple insurance tie-ups: Panel

   24 August 2009 at 13:03

Banks may be allowed to tie up with more than one insurer in the life and general insurance sector with a set of stringent checks and balances. At least, this is what the committee on bancassurance set up by Insurance Regulatory & Development Aut ..

Posted in Corporate Law |   163 Views


GOVT SEES HIGHER TAX MOP-UP, EXPECTS TO MEET TARGET

   24 August 2009 at 12:59

Even as the indirect tax kitty during the first four months of this fiscal shrunk by 28 per cent when compared to last year, the government expects to meet the budgetary target of about Rs 2.7 lakh-crore reading the signs of revival in economy. " ..

Posted in Taxation |   191 Views


PFRDA NORMS FOR COMPANIES SOON

   24 August 2009 at 12:58

Interim pension regulator PFRDA is working on a separate fund management guidelines for corporates—a move that will allow them to enter into an agreement with fund managers for managing the pension fund of their employees. “The road map o ..

Posted in Corporate Law |   120 Views


REVIVAL TO HELP REACH INDIRECT TAX TARGET: GOVT

   24 August 2009 at 12:58

Even as the indirect tax kitty during the first four months of this fiscal shrunk by 28% when compared to last year, the government expects to meet the budgetary target of about Rs 2.7 lakh-crore reading the signs of revival in economy. “We exp ..

Posted in Taxation |   123 Views


CAs RESENT CVC’s CHARGE

   24 August 2009 at 12:58

The allegation on the audit profession tendering erroneous advice to banks resulting in huge losses by a constitutional authority such as the Central Vigilance Commissioner (CVC) has stirred up a hornets’ nest among the auditors. The burden of ..

Posted in Corporate Law |   90 Views


GST MAY LEAD TO FALL IN PRICES

   24 August 2009 at 12:57

A Constitutional amendment will be required for the introduction of a dual goods and services tax (GST) system in the country, the Chairman of the Empowered Committee of State Finance Ministers, Dr Asim Dasgupta, said here on Saturday. “A const ..

Posted in Taxation |   138 Views


STATES NOT FOR CUTTING SALES TAX ON JET FUEL

   24 August 2009 at 12:57

State governments are not keen on reducing the sales tax levied on aviation turbine fuel (ATF) from its current levels which vary from 4 per cent to 30 per cent. Reduction in the sales tax rate has been one of the key demands of the troubled domestic ..

Posted in Taxation |   104 Views