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Lawyersclubindia News


GJEPC WANTS TURNOVER TAX TO REPLACE ALL DIRECT TAXES

   13 June 2009 at 11:59

Gem and Jewellery Export Promotion Council (GJEPC), the all-India apex body of the industry representing 5,500 members, has proposed to replace all forms of direct taxes with a levy of one per cent turnover tax. In its pre-budget memorandum to the G ..

Posted in Taxation |   127 Views


Sebi notifies delisting norms

   13 June 2009 at 10:05

The market regulator securities and exchange board of India (Sebi) has notified the Sebi (Delisting of Equity Shares) regulations, 2009, which would govern the normal guidelines to be followed by a company for delisting its shares from a stock exchan ..

Posted in Corporate Law |   305 Views


SC dismisses appeals of killers of Y S Raja Reddy

   12 June 2009 at 15:39

The Supreme Court has dismissed the appeals of the killers of Y S Raja Reddy, father of Andhra Pradesh Chief Minister Y S Rajasekhara Reddy, on whom a bomb was thrown by the alleged supporters of Telugu Desam Party (TDP).A bomb was hurled at Raja Red ..

Posted in Criminal Law |   278 Views


Delhi HC orders inquiry into banning entry of cars in Pragat

   12 June 2009 at 15:38

The Delhi High Court directed the Deputy Commissioner of Police (DCP) to inquire into the complaint filed by a hotelier whose restaurant is situated in Pragati Maidan, alleging the high handedness of India Trade Promotion Organisation (ITPO) for ban ..

Posted in Civil Law |   338 Views


National Conference on the State of Competition in the India

   12 June 2009 at 15:38

The Competition Commission of India (CCI) is organizing a two-day National Conference on the ‘State of Competition in the Indian Economy’ starting tomorrow. It is being organized in collaboration with the World Bank, and the Department o ..

Posted in Corporate Law |   332 Views


Industrial output up 1.4 pct in April

   12 June 2009 at 13:38

India's industrial output rose by 1.4 per cent in April from a year earlier, rebounding after declining three times in four months, data showed on Friday.The figure was higher than a forecast for an annual decline of 0.2 per cent in a Reuters poll o ..

Posted in Corporate Law |   238 Views


Afzal can't be hanged till other mercy pleas disposed of: Mo

   12 June 2009 at 13:37

Parliament attack case convict Afzal Guru cannot be hanged till other mercy petitions pending before his are disposed of, feels the government."The question is that it is not Afzal or anybody. You know you cannot pick and choose and hang people ..

Posted in Criminal Law |   186 Views


LLPs MAY BE TREATED ON PAR WITH PARTNERSHIPS FOR TAXATION

   12 June 2009 at 13:14

The Union budget is expected to provide clarity on taxation of limited liability partnerships (LLPs) by treating them like partnership firms for tax purposes. A corporate tax is likely to be levied on the income of an LLP, with the partners being exe ..

Posted in Taxation |   295 Views


GOA CUTS LUXURY TAX

   12 June 2009 at 13:12

The Goa Government has restructured the rates and consequently reduced luxury tax to give a major boost to the tourism sector facing adverse impact of worldwide recession. The new tax structure is expected to benefit small and medium hotels in the St ..

Posted in Taxation |   176 Views


SEMINAR ON TAX LAWS

   12 June 2009 at 13:11

The Southern Indian Regional Council of the Institute of Chartered Accountants of India is organising a regional seminar on tax laws here on Friday. Mr Vayalar Ravi, Union Minister for Overseas Indian Affairs, will inaugurate the seminar. Mr M.Devara ..

Posted in Taxation |   208 Views