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Madras HC: TNPSC cannot object to appointment of candidates

   24 June 2009 at 14:46

The Madras High Court has said in view of the provisions of law and the State Government’s policy decision, the Tamil Nadu Public Service Commission (TNPSC) cannot object to the appointment of successful candidates whose names are appearing in ..

Posted in Others |   521 Views


RBI will stay closed on July 1

   24 June 2009 at 13:04

The Reserve Bank of India on Tuesday said the bank would be closed on July 1 due to closing of its accounts.The central bank's financial year runs from July to June.“The RBI will remain closed for public transactions on Wednesday, July 1, to f ..

Posted in Corporate Law |   337 Views


Customs laws in India provide for a refund of duty on import

   24 June 2009 at 12:58

We are a firm of consultants advising numerous Indian and international companies on infrastructure projects. We are currently paying service tax under the taxable service category of ‘management or business consultant’s service’. R ..

Posted in Taxation |   413 Views


SIT files status report on Godhra carnage case before court

   24 June 2009 at 12:41

The Supreme Court-appointed Special Investigation Team (SIT), on Tuesday, filed a status report before the designated fast-track court in connection with the Godhra train carnage case. The status report consists of the statements of around 50 witness ..

Posted in Criminal Law |   421 Views


RBI holds back HDFC Bank’s bonus proposal, finds it 'unreaso

   24 June 2009 at 12:39

The Reserve Bank of India (RBI) has held back the proposal of HDFC Bank Ltd, the country’s second largest private bank, to grant bonus to its top management team led by Aditya Puri, its Managing Director.Sources in the industry told The Indian ..

Posted in Corporate Law |   384 Views


Pak SC rejects Sarabjit's mercy plea, upholds death penalty

   24 June 2009 at 12:36

Pakistan's Supreme Court on Wednesday dismissed a review petition filed by Indian national Sarabjit Singh and upheld the death sentence given to him for his alleged involvement in bomb attacks in 1990.A three-member bench led by Justice Raja Fayyaz ..

Posted in Criminal Law |   337 Views


Warrants issued against Hafeez, Lakhvi, 20 others

   24 June 2009 at 12:35

The trial court hearing the 26/11 terror attack cases on Tuesday issued non-bailable warrants against 22 absconding accused, including Jamaat-ud-Dawa chief Hafeez Saeed and head of operations of Lashkar-e-Toiba Zaki-ur-Rehman Lakhvi.Special public pr ..

Posted in Criminal Law |   314 Views


RESTORE PARITY IN TAXATION UNDER NEW PENSION SCHEME

   24 June 2009 at 12:18

All Central government employees who joined service after 2004 would stand to lose in terms of tax benefits under the new pension scheme. Contribution to the new pension scheme is tax deductible under Section 80CCD of the Income Tax Act wherein emplo ..

Posted in Taxation |   373 Views


SC: No fundamental right to do trade in intoxicants

   23 June 2009 at 16:43

SC: No fundamental right to do trade in intoxicantsThe Supreme Court has ruled that nobody has the fundamental right to conduct trade or business in intoxicants and the state has the power to impose a complete ban these activities such as its manufac ..

Posted in Civil Law |   722 Views


Madras HC CJ: Bench and Bar should work together

   23 June 2009 at 15:56

The Chief Justice of the Madras High Court Hemant Laxman Gokhale has urged the Bench and the Bar to work together to make a new beginning and bring back the glorious days of the court. Launching an e-library section under the auspices of the Madras H ..

Posted in Others |   411 Views