The income-tax department has asked two leading film and entertainment companies to pay tax on the income generated from sale of distribution rights even though they are based in tax havens such as Cyprus and Mauritius. The department, in two separat ..
India's collected 71.3 percent more direct tax in the first two months of fiscal 2008/09 from a year ago, the government said on Wednesday, as receipts from individuals and companies grew strongly.The Central Board of Direct Taxes said in a statement ..
Science and Technology Minister Kapil Sibal has said India's emerging intellectual property regime will not only uphold the interests of pharmaceutical companies but shall also match their investment on a 50:50 basis to develop collaborative initiati ..
The Rajasthan government will soon set up a regulatory board to decide the fee structure for private schools and colleges and to formulate standards for these institutions, Minister of state for technical education, Vasudev Devnani said. The regulat ..
The Supreme Court on Thursday dismissed the anticipatory bail application of Delhi Police head constable Vijay Bahadur, accused of extorting nearly Rs 20 lakh and letting off an aide of the alleged kidney racket kingpin Amit Kumar. A vacation bench ..
The CBI has opposed the bail application of Dr Rajesh Talwar, prime accused in the Noida double murder case, stating that another polygraph test needs to be conducted on him.Filing an application before the designated court of Sapna Mishra at Ghaziab ..
EVERY YEAR in June, the world community celebrates Anti-Child Labour Day. And in increasing combination, various specialised agencies and non-government organisations (NGOs) have in recent years placed child labour, especially its worst forms, high a ..
Out-of-court settlements are increasingly the order of the day with pharma companies, and yet, Ranbaxy’s settlement with Pfizer on its estimated $13-billion cholesterol drug is a global show stopper. Over the last couple of years, more innovative dru ..
The German sportwear maker Adidas has launched legal proceedings against the world's biggest retailer, Wal-Mart, charging that it copied some of Adidas' products, a company spokeswoman said. The second-biggest global sportswear group after Nike, Adi ..
The Delhi High Court is all set to go high-tech as its premises is soon going to get a wi-fi facility. "We have identified 10 hot spots where the instruments would be put in place so that lawyers and others could have wireless internet access in th ..
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