Central Board of Direct Taxes has notified rules to regulate the procedure of the Dispute Resolution Panel (DRP) constituted under section 144C of the Income Tax Act, 1961 inserted by the Finance Act 2009. The rules came into effect from 20th Novembe ..
Acting chairman of Company Law Board R Vasudevan was arrested by CBI for allegedly taking bribe of Rs seven lakh from a company secretary to give a favourable verdict to a media house. Mr. Vasudevan was arrested from his official residence at HUDCO P ..
MUMBAI — India's private sector energy giant Reliance Industries Limited has announced a cash bid to buy a controlling stake in bankrupt petrochemicals firm LyondellBasell Industries."The offer is preliminary and subject to customary condi ..
NEW DELHI: The ingenuity of Madhu Koda and his associates continue to surprise investigators probing what is being referred to as the Great Jharkhand Robbery. For all his claim to be a humble tribal, Koda and his men not only had the smarts to acquir ..
RANCHI/NEW DELHI: As Enforcement Directorate waits to arrest former Jharkhand Chief Minister Madhu Koda, Income Tax department today claimed tohave stumbled upon documents showing that he and his associates had allegedly stashed huge sums of money i ..
After keeping a judgement reserved for almost two months, another Supreme Court judge Justice Markandey Katju on Wednesday withdrew from a dispute between Mukesh Ambani group firm Reliance Industries Ltd and BPCL over price differences in naptha supp ..
The extra freedom given to the 26 public sector banks from this year to choose their statutory auditors has auditing companies — both those chosen and those left out — restive. They have approached the Union finance ministry and the Prime ..
The union government Sunday said it is moving to amend and strengthen the country’s Right to Information (RTI) Act of 2005 to bring in more transparency in the government’s functioning and to help resolve grievances of officials.“Th ..
As a measure to modernize copyright office of India, Kapil Sibbal, the Union Minister for Human Resource Development has launched a new website for Copyrights in India. The website has the facility to submit an online application and provides compre ..
Kidney removed in postmortem, HC awards Rs 10L compensationNew Delhi: The Delhi High Court on Monday awarded Rs ten lakh in compensation to a woman whose husband's kidney was illegally removed during his postmortem.The removal of kidney from the dece ..