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Lawyersclubindia News


LAWS ON TRANSFER PRICING AND SAFE HARBOUR NEED TO EVOLVE FUR

   04 August 2009 at 13:22

The success story of the Indian economy since the 1990s has increasingly attracted transnational corporations into India and many such multinationals have set up Indian subsidiaries/group companies. Multinational corporations involved in cross-border ..

Posted in Corporate Law |   129 Views


Irony — SC was one that forced MPs to come clean

   04 August 2009 at 10:27

Behind the angry chorus of the political establishment today —against judges’ assets not being made public — and the judiciary’s apparent reluctance is a telling reversal of roles.For, six years ago, the government and the le ..

Posted in Others |   100 Views


MPs for tougher judges’ assets law, force Govt to defer Bill

   04 August 2009 at 10:27

Setting the stage for another round of tension between the Executive, Legislature and the Judiciary, the Opposition today refused to accept the Government’s Bill that makes it mandatory for judges to declare their assets but insulates them from ..

Posted in Others |   131 Views


Compensation to Land Owners

   04 August 2009 at 10:16

In certain cases of occupation of lands and buildings for defence purposes, full compensation to the land owners has yet to be made. Details are as follows:- J&K Other Parts of the country ..

Posted in Others |   186 Views


Patent of Ayurvedic Medicines

   04 August 2009 at 10:16

The Indian Patent Office has received a number of applications from Indian as well as foreign inventors and companies seeking patents in all fields of technologies, including possiblyAyurvedic medicines, which are published on the website of the Pate ..



Three New Members of CBEC

   04 August 2009 at 10:14

Shri P.N. Vittal Das, Shri Sumit Dutt Majumdar and Shri Y.G. Parande have joined as Members, Central Board of Excise and Customs. Shri P.N. Vittal Das belongs to the 1974 batch of IRS (C&CE) and was Chief Commissioner of Central Excise, Vishakapa ..

Posted in Taxation |   249 Views


Shri Narindar Singh joined as Member, CBDT

   04 August 2009 at 10:14

Shri Narindar Singh, 1972 batch of the Indian Revenue Service (IRS), has joined the Central Board of Direct Taxes as Member. He was earlier Director General of Income Tax (Exemptions) supervising taxation of trusts and NGOs in India. ..

Posted in Taxation |   141 Views


DoPT initiatives to strengthen RTI Act

   04 August 2009 at 10:14

Department of Personnel & Training (DoPT) has initiated action on a proposal to review the Second Schedule to the RTI Act, 2005 which contains the names of security and intelligence organizations exempt from its purview, with a view to strengthen ..

Posted in Others |   144 Views


Expert panel to draw road map for IFRS

   04 August 2009 at 10:07

The ministry of corporate affairs has formed an expert group comprising members from the Reserve Bank of India, capital markets regulator Sebi and the Insurance Regulatory Development Authority (Irda) to draw a road map towards India’s converge ..

Posted in Corporate Law |   102 Views


Compensation eludes victims of bus accidents

   03 August 2009 at 17:28

Victims of bus accidents in over 1,000 cases involving State-owned transport corporations are awaiting compensation.In some cases, the wait has been on for nearly two decades.The total compensation to be paid is around Rs. 12 crore, according to S.K. ..

Posted in Others  1 comments |   197 Views