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Lawyersclubindia News


Ten most overlooked tax deduction

   03 February 2010 at 17:21

1) Tuition fee paid for the education of childrenBelieve it or not, but many taxpayers often forget to claim deduction in respect of the tuition fee paid for the education of their children. Deduction, however, is available to an individual under Sec ..

Posted in Taxation  4 comments |   1267 Views


Govt to scan RoC data for writing corporate policy

   07 January 2010 at 16:25

The government will sift through the financial data filed by companies with the Registrar of Companies to get a better picture of their investmentsand expenditure, helping it get better inputs for key policy decisions such as tax incentives.Financial ..

Posted in Corporate Law |   360 Views


DEGREE NOT ENOUGH, GOVT FOR `TEST' TO PRACTISE LAW

   26 December 2009 at 13:16

A law degree may not be enough for aspiring lawyers to don the black robe soon. The government proposes to make it mandatory for law graduates to clear an entry-level exam to get a licence to practice.The Law Ministry has initiated a dialogue on the ..

Posted in Others  8 comments |   700 Views


New reporting tool for MFs to be mandatory

   23 December 2009 at 11:40

The Securities and Exchange Board of India (Sebi) is looking forward to make the extensible business reporting language (XBRL) technology mandatory for listed companies in the mutual fund sector.Sebi has already made it mandatory for the top 100 comp ..

Posted in Corporate Law |   513 Views


Wait till March for online settlement of PF claims

   09 December 2009 at 09:01

NEW DELHI: Online settlementof PF claims and getting other related information through the net may not happen until March next year as the National Informatics Centre has sought time till then to computerise the operations of the EP ..

Posted in Labour & Service Law |   916 Views


Proposal to hike salary limit for PF from Rs.6,500 p.m. to Rs.15,000

   07 December 2009 at 13:56

Employers may soon be required to make mandatory provident fund contributions to workers with a salary of up to Rs 15,000 a month instead of Rs 6,500 at present. Union labour minister Mallikarjun Kharge is likely to ratify a proposal to this effect o ..

Posted in Labour & Service Law  1 comments |   4406 Views