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Legislators can act on CAG reports, says CAG

   24 June 2010 at 12:49

Legislators can act on CAG reports, says CAG Comptroller and Auditor General (CAG) Vinod Rai on Wednesday said a legislature was competent to take action on CAG reports and "there cannot be a more independent agency" for that job. Asked

Posted in Others |   3822 Views


Clean Energy Cess Rules, 2010

   24 June 2010 at 12:40

Clean Energy Cess Rules, 2010 NOTIFICATION NO 06/2010-Clean Energy Cess Dated : June 22, 2010 In exercise of the powers conferred by Section 84 of the F

Posted in Others  1 comments |   6522 Views


New Service Tax exemption notification released

   24 June 2010 at 10:56

Enactment of Finance Act, 2010NOTIFICATION NO 24/2010-Service TaxDated : June 22, 2010In exercise of the powers conferred by clauses (A) and (B) of section 76 of the Finance Act, 2010 (14 of 2010), the Central Government hereby appoints the 1 st day

Posted in Service Tax  3 comments |   46041 Views


Service Tax (Removal of Difficulty) Order, 2010

   24 June 2010 at 10:48

Makes Service Tax (Removal of Difficulty) Order, 2010 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of IndiaMinistry of Finance(Department of Revenue)New Delhi, the 22nd June, 2010 M.F.(D.R.

Posted in Service Tax |   6813 Views


National Litigation Policy Document Released

   23 June 2010 at 14:33

National Legal Mission to Reduce Average Pendency Time from 15 Years to 3 YearsThe Centre has formulated a National Litigation Policy to reduce the cases pending in various courts in India under the National Legal Mission to reduce average pendency

Posted in Others  2 comments |   4803 Views


New features launched by income tax dept for efiling

   23 June 2010 at 12:52

New features launched by income tax dept for efiling 1. The Department has modified the return preparation software to include automatic calculation of tax and interest and this is available for download free of cost. 2. New facility added in &quo

Posted in Income Tax  5 comments |   15597 Views


CBDT drafting a new Vision document for 2020

   23 June 2010 at 12:45

The process of drafting a new Vision document – Vision 2020 is nearing completion. An important component of the Vision 2020 document is the Citizens’ Charter 2010. As a part of Vision 2020, the Citizens’ Charter 2007 was revisited

Posted in Others |   4038 Views


Standardisation and Enhancement of Security Features in Cheque Forms

   23 June 2010 at 11:45

Standardisation and Enhancement of Security Features in Cheque Forms RBI/2009-10/503 DPSS. CO. CHD. No. 2806/04.07.05/2009-10 June 22, 2010 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs

Posted in Others |   4593 Views


Finance Minister Optimistic of Achieving more than 8.5% Growth During the Year 2010-11

   23 June 2010 at 11:40

Finance Minister Optimistic of Achieving more than 8.5% Growth During the Year 2010-11 FM addressed Senior Executives of Financial Services Firms at Washington The Finance Minister Shri Pranab Mukherjee said that despite continuing global economi

Posted in Others  1 comments |   2403 Views


China's Yuan Policy Not to Hit Indian Economy Adversely: FM

   23 June 2010 at 11:38

Finance Minister Asks India-US Business Leaders to Play Major Role in Building and Strengthening the Relations Between the Two Nations China’s Yuan Policy Not to Hit Indian Economy Adversely: FMThe Finance Minister Shri Pranab Mukherjee said t

Posted in Others |   3387 Views



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