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Companies Bill may come up in Budget session

   22 June 2009 at 15:45

Companies Bill may come up in Budget session ..

Posted in Corporate Law |   406 Views


Govt likely to keep provident fund rate steady

   22 June 2009 at 15:43

India is likely to retain 8.5 percent interest for subscribers of the country's largest pension fund, Employees' Provident Fund Organisation (EPFO), for the year to March 2010, the Labour Secretary said on Monday. "We will be ..

Posted in Taxation |   362 Views


BLACK MONEY FLOWING INTO INSURANCE UNDER SCRUTINY

   22 June 2009 at 12:31

The I-T department is baffled by the new trend of huge amounts of cash being used to buy financial products which they suspect is black money. Tax officials have investigated a number of cases in which investors have bought insurance policies by pay ..

Posted in Corporate Law |   431 Views


Sebi abolishes entry fee on mutual funds

   22 June 2009 at 12:24

Mutual fund investors will soon get more value on their investments. Market regulator Sebi on Thursday abolished entry load the fee that is deducted from the amount of money one invests in an MF scheme for all schemes.At present, fund houses are allo ..

Posted in Corporate Law |   353 Views


Govt slaps dumping duty on Vitamin-C from China

   22 June 2009 at 12:23

The government has imposed an anti-dumping duty of $ 3.99 per kg on import of Vitamin-C from China for a period of five years, after it found that ‘‘the domestic industry has suffered material injury.’’The Finance ministry has ..

Posted in Taxation |   280 Views


Bombay HC orders 3 weeks stay on Wakf board chairman electio

   22 June 2009 at 12:19

Aurangabad bench of the Bombay High Court today ordered an interim stay of three weeks on the election of chairman of Maharashtra State Board of Wakfs, scheduled for June 20.The bench comprising Justices P V Hardas and R K Deshpande were hearing a pe ..

Posted in Others |   838 Views


SC irked at non compliance of its orders by DGHS, University

   22 June 2009 at 12:18

The Supreme Court today took serious note of the fact that its orders dated June 17 directing the DGHS (Director General of Health Services), Baba Farid University of Amritsar, and Principal of Medical College to immediately grant admission to a med ..

Posted in Others |   377 Views


SC: PIL seeking CBI probe in fund misuse by Mayawati

   22 June 2009 at 12:17

A PIL was filed in the Supreme Court today seeking CBI investigation into the alleged misuse of public funds by Uttar Pradesh Chief Minister Mayawati in installing her own statue and party symbol (elephant).Petitioner Ravikant, an advocate, alleged t ..

Posted in Others |   519 Views


MP HC awards compensation in sub inspector's death

   22 June 2009 at 12:17

The Madhya Pradesh High Court awarded compensation to the wife of a police Sub-Inspector, who died in an accident while performing duty at the court’s Gwalior bench.A Division Bench, comprising Justices Deepak Mishra and R K Gupta, while hearin ..

Posted in Others |   458 Views


SAT MEMBERS’ UPPER AGE LIMIT AT 65 NOW

   22 June 2009 at 11:28

The Union Cabinet has given its nod for raising the upper age limit of the members of the securities appellate tribunal (SAT) to 65 years from the current level of 62 years. An amendment to the Securities and Exchange Board of India Act 1992 would b ..

Posted in Corporate Law |   310 Views