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Lawyersclubindia News


Regulatory bodies to modify anti ragging regulations in acco

   17 June 2009 at 21:26

The Raghavan Committee appointed by the Supreme Court for monitoring the measures to prevent ragging in higher educational Institutions met at New Delhi yesterday and reviewed the progress made by different regulatory bodies and other stakeholders wh ..

Posted in Criminal Law |   241 Views


Social networking sites can raise publicity legal issues

   17 June 2009 at 19:55

Social networking tools like Twitter might offer a platform for people to make new friends, but it can also raise a variety of legal issues concerning the right of publicity, says an intellectual property attorney.Citing the examples of Peyton Mannin ..

Posted in Others |   264 Views


HC sets aside Raj's bail, asks him to surrender

   17 June 2009 at 19:40

Observing that the custodial interrogation of MNS chief Raj Thackeray in a 2008 case of rioting at Kalyan will not serve any purpose, the Bombay High Court today set aside bail granted to him and asked him to surrender before a Railway court on June ..

Posted in Criminal Law |   334 Views


Mukesh Ambani led firms lose Rs 32,574 cr after Court verdict

   17 June 2009 at 16:05

Mukesh Ambani-led group companies lost a whopping Rs 32,574 crore in market capitalisation today, while Anil Ambani group firm RNRLgained Rs 3,438 crore after the Bombay High Court asked RIL to supply gas to the ADAG firm at USD 2.34 per mmBtu.The Mu ..

Posted in Corporate Law |   403 Views


Finance ministry likely to dilute Fringe Benefit Tax in Budg

   17 June 2009 at 15:50

The finance ministry is contemplating diluting provisions of Fringe Benefit Tax (FBT), by which companies may not have to pay taxes on certain perks and allowances availed of by employees.Although industry has been pleading for a complete abolition o ..

Posted in Taxation |   247 Views


Service tax rate would be retained at 10%

   17 June 2009 at 15:50

The consensus on tax rates developing around the goods & services tax (GST) means finance minister Pranab Mukherjee is unlikely to tinker with the service tax rate in the forthcoming Budget.While discussions are still on between the Centre and th ..

Posted in Taxation |   249 Views


Taxman adds a new hurdle to e-filing of returns

   17 June 2009 at 15:47

If you thought life's getting easier with online filing of tax returns (e-filing), here's a counter-point. The taxman is working hard to deter you. Starting this year, individuals who file tax returns online will have to use a digital signature. If ..

Posted in Taxation |   114 Views


STENO RUNNING THE BANGALORE ANTI TERRORIST CELL

   17 June 2009 at 12:57

Fifteen years after it was first set up, a full-fledged Anti-Terrorist Cell (ATC) in the State still remains a dream. Officials say the existing ATC is a “toothless agency”. As of May 31, 2009, the ATC had only two employees. Inspector-G ..

Posted in Others |   268 Views


Govt may plug gaps in tax evasion laws

   17 June 2009 at 10:36

The party could end soon for domestic and multinational companies that do tax planning only to avoid paying taxes in India. The government is set to usher in the next stage of reforms in taxation, framing anti-abuse rules that will ..

Posted in Taxation |   79 Views


Small bad debts are big, fix accountability: CVC to PSBs

   17 June 2009 at 10:29

The Central Vigilance Commission (CVC) has asked public sector banks (PSBs) to fix accountability for small loans that turn into non-performing assets. The CVC, after an audit of some PSBs, has written to the chiefs of the banks that a cut-off amount ..

Posted in Corporate Law  1 comments |   324 Views