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Lawyersclubindia News


Sebi for phased reduction of securities transaction tax

   11 June 2009 at 10:13

Members of the Securities and Exchange Board of India (Sebi) have suggested a phased reduction of the securities transaction tax (STT), as part of a package of measures to develop the capital markets that was discussed with Finance Minister Pranab Mu ..

Posted in Taxation |   173 Views


Export, IT units may get longer tax holiday

   11 June 2009 at 10:13

The forthcoming Union Budget may extend the corporate tax holiday enjoyed by export-oriented units and software parks by three more years, as the government looks to clear the air for companies in these segments reeling under a demand slump in key We ..

Posted in Taxation |   167 Views


Candidate has to be eligible till last date of forms: CAT

   11 June 2009 at 08:23

A candidate has to be eligible for a post in govt department till the last date for submission of form in case no other specific date for holding the requisite qualification is mentioned in the advertisement, the CAT has held."It is trite law th ..

Posted in Labour & Service Law |   614 Views


No dilution in Women Reservation Bill: Govt

   11 June 2009 at 08:22

The government has ruled out any dilution in the Women's Reservation Bill which seeks to ensure 33 percent seats for women in Lok Sabha and state Assemblies."There is no question of dilution. It is hypothetical", Parliamentary Affairs Minis ..

Posted in Constitutional Law |   216 Views


Delhi Police directed to make fresh inquiry into undertrials

   10 June 2009 at 21:29

A city court ordered that security be provided to the undertrial who has raised the issue of mobile phones being used by the undertrial in Tihar jail.Chief Metropolitan Magistrate Kaweri Baweja also directed the Delhi police to make a fresh inquiry i ..

Posted in Criminal Law |   232 Views


Madras HC directs Agri. Commissioner, Secy

   10 June 2009 at 18:18

The Madras High Court has directed the State Agriculture Commissioner and Secretary to consider the request of Tamil Nadu Agricultural University (TNAU) and pass appropriate orders within four weeks for the approval and inclusion of C Subramaniam Ins ..

Posted in Constitutional Law |   414 Views


Bombay HC dismissed PIL challenging constitutional validity

   10 June 2009 at 18:15

‘The timing, scope and extent of audit are all matters which fall within the jurisdiction of the Comptroller and Auditor (CAG) of India and this is certainly not a matter on which the Court ought to tread’. The Hon’ble Bombay High C ..

Posted in Constitutional Law |   174 Views


SC upholds decision of Tamil Nadu govt on seniority of PG as

   10 June 2009 at 18:14

6/9/2009 The Supreme Court has upheld the decision of Tamil Nadu government to place large number of post-graduate teachers recruited on temporary basis, who were subsequently regularised, to grant them seniority below the last candidate selected by ..

Posted in Constitutional Law |   1072 Views


Fewer divorces during crisis

   10 June 2009 at 15:20

Fewer British couples are filing for divorce as a sharp drop in property prices makes it hard for couples to sell a joint home, and the credit crunch dampens a desire to fund two separate households, a study shows.The study, published by Grant Thornt ..

Posted in Others |   213 Views


Supreme Court to decide on service tax on mutual funds

   10 June 2009 at 13:33

Is selling mutual fund (MF) products a taxable service? The Supreme Court will decide the matter in an appeal filed by the Commissioner of Service Tax, who feels that the sale of mutual fund products amounted to service for the purpose of levy of ser ..

Posted in Taxation |   195 Views