corporate law

The decision by the RBI to hike the repo and reverse repo rates by 25 bps last Friday signals the start of a tightening cycle which will keep the INR well supported. The RBI has stressed that developments on the inflation front are a source of growing concern. The chief economic advi..

The Commerce and Industry Ministry is not in favour of allowing foreign direct investment through automatic route in companies of limited liability partnership (LLPs) structure due to security concerns, an official said on Sunday. LLP, the new form of business structure, is a hybrid ..

The Reserve Bank today raised its key short-term lending and borrowing rates by 25 basis points each as part of its tight money policy to combat inflation, which the government feels is a cause of concern. (Watch ) The repo and reverse rate (short-term rates at which..

The Centre plans to invoke a constitutional provision to end the wide disparity and diversity of motor vehicle taxes across the states. The idea is ensure that sundry taxes and levies on vehicles, including excise duty, road tax, registration charges and toll tax for plying on specif..

The Reserve Bank of India today said it may come out with guidelines on new banking licences in about three months. "It (framework on new banking licences) may take three months. It all..

In an effort to check the common irregularities being committed by the trading community more effectively, market regulator Sebi today came out with a master circular that consolidates various rules for oversight on different market players. Listing some of the common irregularities ..

The country's largest retirement fund manager EPFO's trustees are likely to announce next month 8.5 per cent interest rate for over 4.71 crore depositors for 2010-11. The Employees' Provident Fund Organisation's (EPFO) apex body Central Board of Trustees (CBT) headed ..

On the eve of World Consumer Rights Day, the government today said it will soon propose amendments to the Consumer Protection Act in Parliament, aimed at speedy disposal of a large number of consumer cases. "We are in the process of bringing about further amendments to the Act. ..

The initial public offer (IPO) guidelines for the insurance sector are likely next month, the Insurance Regulatory and Development Authority (IRDA) today said. "The IPO guidelines could take a month-time and Securities and Exchange Board of India (Sebi) will take the final call,..

RBI/2009-10/325 UBD.BPD(PCB).Cir.No. 47/ 09.16.900/2009-10 February 24 , 2010 The Chief Executive Officer Primary (Urban) Cooperative Banks Dear Sir / Madam Guidelines for transfer of assets and liabilities of Urban Cooperative Banks to commercial banks Please refer to our cir..

RBI/2009-10/321 DBOD.DIR.(Exp).No. 76/04.02.001/2009-10 February 19, 2010 All Scheduled Commercial Banks Dear Sir/Madam, Interest Rates on Export Credit in Foreign Currency Please refer to our circular a class="style1" href="h..

Government invites suggestions on amendments to the Press and Registration of Books Act td height="30" style="text-align: left..

BANGALORE: The Special Court hearing the multi-crore stamp paper racket cases on Wednesday ordered Abdul Kareem Telgi to undergo rigorous imprisonment for 10 years and pay a fine of Rs. 2 lakh. The remaining 19 persons have been ordered to undergo rigorous imprisonment for seven years and pay fine of Rs. 40,000. ..

The Haryana government has increased the rate of Value Added Tax (VAT) on 101 goods from four per cent to five per cent with immediate effect. An official spokesman said the VAT on all goods from serial number 1 to 101 of Schedule C of the Haryana Value Added Tax Act, 2003, has now been increased from four to five per cent. However, the tax on entry in seria..

The long-awaited reform of India’s indirect taxes system is set to get a fillip , with a broad consensus forming within the finance ministry on a rate of 16% for the proposed Goods and Services Tax (GST) for both Centre and states combined. To be levied on all companies and traders with annual turnover of Rs 10 lakh and above, this would provide a tax base of ..