Current tax slabs to stay, surcharges should go next: FM After giving bonanza to income- tax payers by changing the slabs, Finance Minister P Chidambaram has said the next step should be removal of surcharges if the revenue buoyancy continued. "Last ..
Tax payers to gain up to Rs 44,000 under new regime The working class people will stand to benefit by up to Rs 44,000 a year in income tax following the changes proposed by the Finance Minister in the Union Budget for 2008-09, which also provides for ..
Loan waiver will not lead to collapse of banks: FM By V S Chandrasekar New Delhi, March 2(PTI)Finance Minister P Chidambaram today sought to allay apprehensions that the Rs 60,000 crore farmers' package will lead to collapse of the cooperative and ..
Govt to set up centralised offices for I-T notices, refunds New Delhi, March 1 (PTI) In order to reduce the interface between taxpayers and revenue officials, the government will soon introduce a centralised system for issuing notices and giving t ..
Chief Justice of India, K G Balakrishnan said on Saturday that maladministration was responsible for the rising litigations in the country and emphasised on the fact that govt should come forward with a proper structure so that people get adequate co ..
The Central Information Commission (CIC) has held that it has limited powers to review its decision, which could only be done in special circumstances. The CIC held this while dismissing a review petition of Delhi-resident S C Agrawal, who had challe ..
There is a need to popularise Lok Adalats, an alternative dispute resolution (ADR) mechanism, for speedy redressal of disputes, National Legal Services Authority Executive Chairman and Supreme Court Judge Justice Ashok Bhan said in Kolkata on Saturda ..
The wedding of Bollywood actor Sanjay Dutt and wife Manyata as per Hindu rites may be invalid if she has not converted to Hinduism before the marriage on 11th February."According to the Hindu Marriage Act, if the couple are Hindus at the time of marr ..
The term of the Liberhan Ayodhya Commission of Inquiry has been extended by two months up to 30th April, 2008.The Commission is inquiring into the destruction of the Ram Janma Bhoomi-Babri Masjid structure at Ayodhya on 6th December 1992 ..
GENERAL BUDGET 2008-09The Finance Minister, Shri P.Chidambaram in the General Budget 2008-09 has proposed reduction in the custom duty on crude and unrefined sulphur from 5 per cent to 2 per cent, in order to support domestic fertilizer production.Th ..