The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have decided to postpone new trading timings to January 4, 2010. The two exchanges on Wednesday said that the market would open at 9 a.m. effective December 18 an advancement of nearly an hour from the current practice of market opening at 9:55 a.m. “Trading will start in eq..
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Question:- Please explain sale in course of import by transfer of documents of title to goods before the goods crosses Custom Frontiers of India ((High Seas Sale) with special reference to when the goods crosses Custom Frontiers of India. Answer :- The High Seas Sale by transfer of documents of title to goods is covered by section 5(2) of the CST Act, 195..
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Exemption of SEZ from public hearing Wednesday, December 16, 2009 As per EIA Notification, 2006, the proposals relating to Special Economic Zones (SEZs) as listed under C..
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Businesses with more than Rs 10 lakh turnover may end up paying the central goods and services tax, with the Centre not agreeing to states’ suggestion of keeping the threshold at Rs 1.5 crore. The empowered committee of state finance ministers had suggested separate thresholds for central GST and state GST, wherein businesses below a gross annual t..
MCA seek comments by 14th December, 2009 on ICSI Recommendations to Strengthen CorporateGovernance Framework to bring out consolidated view The Saty..
The government should bring petrol and diesel under a uniform VAT structure of 8 per cent as the variation in state tax was putting additional burden of taxation, industry body Assocham today said. States sales tax on petrol varies from 33 per cent in Andhra Pradesh to 18.9 per cent in Manipur and on diesel from 34 per cent in Mumbai to 8.3 per cent in Tripura, the ..
Wednesday, December 09, 2009 The Government has tightened the norms to issue business visas to foreign nationals. It has come to the notice of the Government that a num..
Minstry of Corporate Affairs to Celebrate ‘India corporate week’ from 14th to 21st December THE PRESIDENT OF INDIA TO GIVE AWAY THE ‘NATIONAL CORPORATE AWARDS’ ON THE CONCLUDING DAY Tuesday,..
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RBI/2009-10/242 IDMD.PDRD.No. 2424 / 03.64.00 / 2009-10 December 1, 2009 All Standalone Primary Dealers Dear Sir Waiver of trade confirmation in Government Securities transactions in OTC market Please refer to Section I a class="style1" href="http://rbi.org.in/scripts/NotificationUser.aspx?Id=5099&Mode=0#..
Investors will be able to transact in mutual funds units through the National Stock Exchange (NSE) from Monday. UTI Mutual Fund will be the first fund house to use the NSE’s mutual fund platform, which would enable exchange’s members to use its existing infrastructure for transaction in MF schemes. There are..
Like beauty, economic recovery, lies in the eyes of the beholder. Those who see the glass half full are upbeat about the state of the Indian economy and believe the positive reports emanating fr..
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