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Lawyersclubindia News


Delhi High Court stay on disclosure of ans. sheets of CA exa

   29 May 2009 at 17:04

Delhi High Court stay on disclosure of ans. sheets of CA examination While considering an appeal filed by a student of the Chartered Accountants Examination under the Right to Information Act, 2005, the Central Information Commission recently ordered ..

Posted in Students  2 comments |   1302 Views


IFAC 2008 Annual Report Highlights Initiatives During Credit

   29 May 2009 at 15:59

The International Federation of Accountants (IFAC) released its 2008 annual report today, highlighting initiatives to help restore global financial stability and, in addition, describing how some of IFAC's core work-developing international standards ..

Posted in Others |   247 Views


Finance ministry may do audit of Satyam

   29 May 2009 at 15:58

The finance ministry is evaluating options of conducting a special audit of scam-tainted IT firm Satyam Computer's accounts to ascertain the company's tax liability. A decision on this will be taken after the tax authorities go through the report of ..

Posted in Corporate Law  2 comments |   382 Views


Full rate of duty refund to exporters

   29 May 2009 at 15:57

The Central Government on Thursday decided to extend the full rate of duty refunds including excise to merchant exporters who purchased goods from the local markets for overseas shipments.The Central Board of Excise and Customs (CBEC) said in a circu ..

Posted in Taxation |   241 Views


NEW GOVT TO CLEAR THE AIR ON TAX HOLIDAY FOR GAS EXPLORATION

   29 May 2009 at 13:39

The newly formed Union cabinet is expected to decide shortly on the vexed issue of a tax holiday for natural gas production, which is key to attracting overseas bidders to India’s biggest auction ever of 70 oil and gas blocks. Lack of clarity o ..

Posted in Taxation |   267 Views


LAW AND JUSTICE MINISTER OF INDIA

   29 May 2009 at 12:16

M Veerappa Moily, former Karnataka Chief Minister and a prominent backward community leader of Congress was on Thursday alloted the Ministry of Law and Justice. Moily, 69, who has considerable administrative experience acquired during his stint as th ..

Posted in Corporate Law |   401 Views


PM hints at PSU disinvestment in Budget

   29 May 2009 at 10:21

Prime Minister Manmohan Singh indicated that the full Budget for 2009-10 may announce a disinvestment of government stake in public sector companies."Fiscal prudence and disinvestment of public sector units -- all these issues will be tackled by ..

Posted in Others |   275 Views


China Acts on Misuse of Funds

   29 May 2009 at 10:21

China's banking regulator unveiled measures to ensure investment loans get used for actual projects, the latest move highlighting Beijing's concerns over fund misuse amid an avalanche of new lending.The China Banking Regulatory Commission released th ..

Posted in Others |   242 Views


IASB publishes draft guidance on fair value measurement

   29 May 2009 at 10:20

The International Accounting Standards Board (IASB) has published for public comment an exposure draft of draft guidance on fair value measurement.If adopted, the proposals would replace fair value measurement guidance contained in individual Interna ..

Posted in Others |   229 Views


A woman can assert right over spouse property

   28 May 2009 at 18:28

The supreme court had sought to redress the grievance of several aged in-laws who had been harassed by their daughters-in-law over their property.Sympathy or sentiment can be invoked only in favour a person who is entitled to it, observed the apex co ..

Posted in Civil Law  1 comments |   868 Views