A company in india was initially incorporated with 2 indian directors. The Company is engaged in Travel related services which is coming under automatic route for FDI. My query is that now , the company proposes to issue 95% of its shares to a foreign company. i believe that prior approval is not necessary as the FDI is covered under automatic route. What is the procedure to be adopted with respect to RBI for allotment of shares. What is the form/application to be filed with RBI for allotment of shares to a foreign company??

Differnce between Present value & Future Value while we are solving quesion some time i confuse, pl advise me what should i keep in mind while solving the problem?

Hi All,

Kindly provide suggestion for the following situations for deducting professional tax:

1. An employee works till October 2007 during the FY-2007-08. Employee left the company without any intimation.
Therefore, the company terminated the employee from their payroll, only in December 07. (Salary not processed during the period of leave)
For the purpose of computation of gross salary for professional tax,whether the salary for October and November 2007 is to be considered?

2. If the employee is in leave for the period October 2007 to January 2007 (Salary not processed during these period), whether professional tax is to be deducted?

3. Employee received salary for the period October to december 2007. He is in leave for the period january 2008 to March 2008. When will be the professional tax deducted for the half yearly period October 2007 to March 2008?

Thanks and Regards

V.S.Sugan
(E-Mail: v_s_sugan@yahoo.com)

hello friends...
i want to about the MARRIAGES ACT...
TRULY SPEAKING EVEN I DONT KNOW THAT WHETHER THERE IS ANY ACT RELATING TO MARRIAGES..
BUT I HAVE A SMALL HOPE THAT DER EXISTS THE ACT RELATING TO MARRIAGES..
IF ANY ONE OF U KNOW ABOUT SUCH ACT...CAN U PLZ RECOMMAND A BOOK & AUTHOR OF THE BOOK & FROM WHERE I CAN GET THAT BOOK.SORRY I DIDNT SAID ABT MY CITY. I AM FROM HYDERABAD.
PLZ REFER ME A BOOK RELATING TO MARRIAGES

THANKING U FRIENDS.

REGARDS
K ANAND KUMAR

Dear Sir / Madam,

I am not in receipt of mails from CACLUBINDIA. Please help me in this regard.

Thanks & Regards

Hitesh
My emial id is kothari_hitesh04@rediffmail.com

Hi all,

I was verifying the SEZ compliance of one of the client. On discussion, client said that there are certain restrictions in movement of employees like:

a) Transferring old employee from Non - SEZ unit to SEZ unit (within the company)
b) Transferring newly joined employee from SEZ unit to Non-SEZ unit.
c) Movement of employees between 2 SEZ units of the company.

We were also informed that only "On Bench" employees can be transferred as said above and for other categories of employees, to the extent of 20% alone can be transferred.

They are applying 80:20 criteria as applied to P& M in SEZ.Even on discussion with other client in SEZ we are informed the same.

Is it Correct? Is there any such restrictions? Is there any such provision / case law / notification?

Kindly help on the above issue also provide us the list of State government (Tamil Nadu) benefits available to SEZ unit (Particularly the VAT, Electricity duty, stamp duty etc).

Thanks and Regards

V.S.Sugan
E-Mail: v_s_sugan@yahoo.com

According to announcement an Artcle clerk shall shall be entitled to compensatory leave calculated with reference to number of completed working hours, over and above, 35 hours per week.Is that mean that an article will get that much extra leave over & above 138 days?

My English is very poor. Please tell me about good institute in Laxmi nagar Delhi for improve my English or any other way to learn English.

Hi all

I prepared a slide in power point with my co's logo and name. I want that design of slide fixed it means no body can change that design. How to add design in MS power point then I can send this design to my branches. That design should be in the list of slide design?
Pls reply immediately
Byeeeeeeeeeee