34 FDI proposals approved1/8/2009Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on 12th December, 2008, Government has approved 34 Proposals of Foreign Direct Investment amounting to Rs. 1614.90 Crore ap ..
MUMBAI: Foreign law firms have received a shot in the arm following a judgement from the Bombay High Court which clearly states that their income will be taxable in India only to the extent of their operations in India. An early beneficiary of the ju ..
PUNE TYCON MAY FACE Rs 1 lAKH CR FINE FOR ACQUIRING Rs 36,000 CR31 Dec 2008, 0615 hrs IST, TNN MUMBAI: The Enforcement Directorate issued a show-cause notice to Pune businessman and racehorse owner Hassan Ali Khan on Tuesday under the Foreign Exchang ..
MUMBAI, INDIA: When you lose something on one hand you are destined to get something else on the other. This simple law of nature seems to be relevant in the case of the impact of the US recession on Indian industries. Though the disaster in the US e ..
MAKE COMPETITION ACT IN INDIA MORE STRINGENT : EXPERS SAYSStressing on making the Competition Act in India more stringent, an international expert on Competition Acts said these measures were necessary to attract more foreign investments in the count ..
Chennai: Bracing itself to hear former president AC Muthiah’s allegations that the Board of Control for Cricket in India (BCCI) secretary N Srinivasan derived direct commercial benefits from the BCCI, the Madras High Court has ordered notices to the ..
States asked to lower tax on ATF: Praful Patel16 Dec 2008, 1424 hrs IST, PTI NEW DELHI: The Centre has asked state governments to lower local tax on aviation turbine fuel (ATF) to reduce operating costs of airlines, civil aviation minister Praful Pa ..
Parliament passes Limited Liability Partnership (LLP) Bill 2008Parliament has passed the Limited Liability Partnership (LLP) Bill 2008. Lok Sabha gave its assent to the Bill which was earlier passed by the Rajya Sabha. Replying to the debate on the B ..
Parliament has passed the Limited Liability Partnership (LLP) Bill 2008. Lok Sabha today gave its assent to the Bill which was earlier passed by the Rajya Sabha. Replying to the debate on the Bill in the Lok Sabha, Shri Prem Chand Gupta, Minister for ..
The Government has signed an agreement with Permanent Court of Arbitration (PCA), the Hague to open its regional facility in India. The main terms and conditions of the agreement are: (i) India shall be a host country for the PCA in order to facilita ..
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