Pranab to meet state FMs to get their wish listThe Manmohan Singh government is likely to break with the past before presenting the first General Budget of the second United Progressive Alliance (UPA) government. After many years, the Union finance m ..
For better information dissemination and service to the customers, the Reserve Bank of India (RBI) has reiterated that banks must reframe their cheque collection policies (CCPs) covering local and outstation cheque collection as per the timeframe pre ..
A city court Tuesday summoned the chief executive officer (CEO) of HSBC India and others to appear before it after finding that the multi national company (MNC) bank had forged documents to wriggle out of a case relating to termination of an employee ..
Union Minister of Law M Veerappa Moily today said the next term of five years of the UPA Government led by Dr Manmohan Singh will be an era of judicial reforms including emphasis on speedy disposal of pending cases.Talking to newspersons, Mr Moily sa ..
Every tobacco company will have to carry pictorial warning on cigarette packets from today as per the directions of the Supreme Court.Additional Solicitor General Gopal Subramaniam has given an undertaking to a Supreme Court bench headed by Justice B ..
The Punjab and Haryana High Court upheld that unshorn hair was an essential component of the Sikh religion.Giving this ruling, full bench of the court comprising Justice J S Khehar, Justice Jasbir Singh and Justice Ajay Kumar Mittal dismissed the wri ..
The Madras High Court has ruled that tax planning as opposed to tax evasion has legal sanction, and if a dealer plans his transactions in such a manner that he pays less tax, it is not open to the revenue to subject him to a conscience audit or moral ..
The textile ministry has recommended inclusion of state-level taxes paid by exporters to be part of the duty drawback (DDB) scheme, which allows firms to claim back taxes paid while producing the exported item.At present, only taxes levied by the Cen ..
Detroit, WashingtonGeneral Motors Corp, the world’s largest carmaker until its 77-year reign ended last year, filed for bankruptcy protection in the US with a plan to create a 21st-century company that can compete in world markets.GM reported ..
Bangalore Karnataka High Court has quashed further proceedings initiated against Tamil Nadu Chief Minister and DMK chief M Karunanidhi on a lower court order in connection with his controversial remarks on Lord Rama made about two years ago.Justice A ..