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Lawyersclubindia News


COST IMPOSED BY SC ON GOVERNMENT

   22 May 2009 at 17:38

Dear members, in the news article submitted below, the Govt was imposed Rs. 1 lac cost by SC. (This fact can be utilised for seeking costs).INDIA BUSINESS WORLD - 1st May To 15th May - 2009 NO CHANCE OF SERVICE TAX ON LOTTERY, RULES SUPREME COURTTHE ..

Posted in Civil Law |   307 Views


No service tax on lottery sales

   22 May 2009 at 17:34

INDIA BUSINESS WORLD - 1st May To 15th May - 2009 NO CHANCE OF SERVICE TAX ON LOTTERY, RULES SUPREME COURTTHE Supreme Court has ruled that no service tax can be levied on the sale, promotion and marketing of lottery tickets. A bench comprising Justic ..

Posted in Taxation |   260 Views


RBI ruling to check card frauds

   22 May 2009 at 16:26

From August 1, you need not think twice before letting your credit card out of sight at a restaurant, petrol pump or any other merchant establishment. The details printed on your card including the card number, expiry date and three-digit card securi ..

Posted in Corporate Law |   265 Views


Global law entrance test now in India

   22 May 2009 at 13:19

Computerised LSAT will be held on May 24 in 14 cities Author : Prachi Nayak/DNAThe leaking of the CLAT (Common Law Admission Test) papers last week has left over 13000 students in a lurch. Thus, making computer based testing the need of the hour. For ..

Posted in Others |   271 Views


Safeguarding against import surge from Singapore

   22 May 2009 at 10:43

The domestic industry need not, hereafter, unduly worry about any surge in imports from Singapore on account of the preferential treatment under the India-Singapore Comprehensive Economic Cooperation Agreement (CECA).The Centre has now put in place a ..

Posted in Others |   307 Views


Benami deals: Money launderers use bank drafts as tools

   22 May 2009 at 10:42

The finance ministry is investigating the rampant misuse of bank drafts, which have turned tools for money launderers to transfer big sums of money.According to a report of the economic intelligence bureau of the finance ministry, ‘street finan ..

Posted in Corporate Law |   401 Views


Notification of SEBI (Investor Protection and Education Fund

   22 May 2009 at 10:42

SEBI has notified the SEBI (Investor Protection and Education Fund) Regulations, 2009, on May 19, 2009, with a view to strengthening its activities for investor protection.The salient features of these regulations are as follows:The Fund shall be us ..

Posted in Corporate Law |   314 Views


PAN Required for Transfer of Shares in Physical Form

   22 May 2009 at 10:37

CHIEF GENERAL MANAGERMarket Regulation DepartmentEmail: mdrao@sebi.gov.inMRD/DoP/ Cir-05/2009May 20, 2009ToThe Managing Directors / Chief Executive Officers /Executive Directors / Officiating Executive Directorsof all the Stock Exchanges,Registrars ..

Posted in Corporate Law |   259 Views


ICICI fined for denying credit card to lawyer

   21 May 2009 at 21:14

The Delhi Consumer Commission on Friday fined ICICI Bank Rs 10 lakh for denying a credit card to an advocate on grounds that the profession is of a “negative profile”.Taking the bank to task for indulging in “cavalier conduct and unpardonable neglige ..

Posted in Others |   483 Views


New TDS and TCS payment and information reporting system

   21 May 2009 at 16:53

New TDS and TCS payment and information reporting system - Notification No. 858(E), dated 25th March, 2009 published in Official Gazette Circulars No. 02/2009 Dated 21-5-2009 The Finance Act, 2008 inserted a new sub-section (1A) in section 143 of t ..

Posted in Taxation |   497 Views