The state unit of All India Lawyer's Union (AILU) on Sunday demanded the constitution of a national judicial commission and decided to send a proposal to this effect to the law ministry. In a meeting held under the chairmanship of its state presiden ..
The investigations in the multi-crore Satyam accounting scam has indicated the role of a prominent stock broker prompting the Central Bureau of Investigation to seek filing of another charge sheet in the case, which may be done soo ..
The Union ministry of corporate affairs is putting in place an ‘early warning system’ to prevent recurrence of frauds like that of Satyam Computer Services, according to minister Salman Khurshid."Experts are working on it," he s ..
Banks may be allowed to tie up with more than one insurer in the life and general insurance sector with a set of stringent checks and balances. At least, this is what the committee on bancassurance set up by Insurance Regulatory & Development Aut ..
Even as the indirect tax kitty during the first four months of this fiscal shrunk by 28 per cent when compared to last year, the government expects to meet the budgetary target of about Rs 2.7 lakh-crore reading the signs of revival in economy. " ..
Interim pension regulator PFRDA is working on a separate fund management guidelines for corporates—a move that will allow them to enter into an agreement with fund managers for managing the pension fund of their employees. “The road map o ..
Even as the indirect tax kitty during the first four months of this fiscal shrunk by 28% when compared to last year, the government expects to meet the budgetary target of about Rs 2.7 lakh-crore reading the signs of revival in economy. “We exp ..
The allegation on the audit profession tendering erroneous advice to banks resulting in huge losses by a constitutional authority such as the Central Vigilance Commissioner (CVC) has stirred up a hornets’ nest among the auditors. The burden of ..
A Constitutional amendment will be required for the introduction of a dual goods and services tax (GST) system in the country, the Chairman of the Empowered Committee of State Finance Ministers, Dr Asim Dasgupta, said here on Saturday. “A const ..
State governments are not keen on reducing the sales tax levied on aviation turbine fuel (ATF) from its current levels which vary from 4 per cent to 30 per cent. Reduction in the sales tax rate has been one of the key demands of the troubled domestic ..