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 ..
Uttar Pradesh Chief Minister Mayawati has urged the Supreme Court to keep its hands off the controversy regarding the installation of her statues in the state.The state government, in its 51-page affidavit filed, reminded the apex court of its own 20 ..
Additional Sessions Judge S K Saravaria ordered life imprisonment to two members of the prestigious President's Bodyguards(PBG), Harpreet Singh and Satinder Singh, for raping a 17-year old girl in Buddha Jayanti Garden in 2003.Two other members, Kuld ..
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