As the world economy seeks firm footing amid the first global recession since World War II, more and more countries are turning to discretionary fiscal stimulus to boost overall demand and restart the flow of credit to companies. And, while spending ..
By placing rigid norms for life insurance companies which wish to act as points of presence (PoPs) under the New Pension Scheme (NPS), the Insurance Regulatory and Development Authority (Irda) has dashed the dreams of even non-life insurers who want ..
Additional Judge of Kerala High Court appointed In exercise of the powers conferred by clause (1) of article 224 of the Constitution of India, the President is pleased to appoint Shri Periya Veedu Quadir Meeran Barkath Ali, as an Additional Judge of ..
Additional Judges of Delhi High Court appointed In exercise of the powers conferred by clause (1) of article 224 of the Constitution of India, the President is pleased to appoint (i) Shri Ajit Bharihoke (ii) Shri Vinay Kumar Jain, (iii) Smt. Indermee ..
Area of Practice under Listing Agreement for Debt SecuritiesSEBI has issued Simplified Debt Listing Agreement vide its circular SEBI/IMD/BOND/1/2009/11/05 dated May 11, 2009.The Listing Agreement for debt securities consists of two parts. The first p ..
Now, if a company wants to list its debt instruments on a stock exchange to facilitate their tradings, it will have to maintain assets to the tune of the total value of the listed instruments to provide 100% security cover, said Sebi on Monday in it ..
Appointment of Supreme Court Judges In exercise of the powers conferred by clause (2) of article 124 of the Constitution of India, the President is pleased to appoint (i) Shri Justice Deepak Verma, Chief Justice, Rajasthan High Court and (ii) Dr. Jus ..
15,000 students to vie for 1,100 seats through CLAT exam on May 17 Author : Prachi Nayak/DNAAspiring law students from all around India are set to take the CLAT-09 (Common Law Admission Test) to get into undergraduate and post graduate courses at 11 ..
The Central Board of Direct Taxes have decided to defer the implementation of Notification No. 31/2009 dated 25-3-2009 amending or substituting Rules 30, 31, 31A and 31AA of the Income Tax Rules, 1962. The amended / substituted Rules will now come in ..
In a first-of-its-kind judgement, the Income-Tax Appellate Tribunal (ITAT) recently ruled that a recipient of an interest-free loan from a non-relative is not liable to pay tax. The judgement will come as a major relief for people who borrow money f ..
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