Others News

Finance Ministry does capacity building of transfer pricing assessment units

29 August 2007 at 20:45

The Central Board of Direct Taxes (CBDT) has set up five more transfer pricing commissionerates with the objective of augmenting capacity to handle transfer pricing issues that emanate out of increased volume of international transactions from the co

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'internet services' becomes costly for consumers ::

28 August 2007 at 19:07

The government on Saturday reduced the foreign direct investment limit in internet services to 74% from 100% earlier and introduced a 6% revenue share clause that may spell costlier internet services for consumers. In its internet service policy unve

Posted in Others | 3132 Views

ULIPs under review with IRDA ::

24 August 2007 at 12:00

The Insurance Regulatory and Development Authority (Irda) is in the process of reviewing the entire range of unit-linked products (Ulips) that are being sold by life insurance companies. According to R Kannan, member (actuary), Irda, the review aims

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First time in India- CA's in politics now!!

23 August 2007 at 17:16

The next time you hear a politician straining his vocal chords at some public forum, rest assured he would be ranting some numbers, figures, growth rates and percentages, besides the usual speech. For, the numeric ammunition will soon be supplied by

Posted in Others | 1 comments | 23769 Views

Strict security an answer to the paper leak of ICAI entrance exams!!

23 August 2007 at 16:55

The Institute of Chartered Accountants of India (ICAI) is taking full care and precaution for its rescheduled Common Proficiency Test entrance exam scheduled for August 26. ICAI President Sunil Talati said extra efforts have been made to ensure full

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Could stamp papers escape E-filing???

21 August 2007 at 04:46

Companies would soon be able to file stamp papers electronically with the ministry of corporate affairs, a senior official said today. "Companies are now filing their papers online, with the exception of stamp papers. But we are working on this as we

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CBDT PAVES WAY FOR SHORT SELLING OF SHARES !

19 August 2007 at 23:07

The Central Board of Direct Taxes (CBDT) has clarified that lending and borrowing of shares for short selling in equities will not attract capital gains tax. With this clarification one of the important hurdles in the way of permitting short selling

Posted in Others | 2583 Views

BAN ON 'ULIP'.....!

19 August 2007 at 07:20

The Insurance Regulatory and Development Authority of India (IRDA) has banned unit-linked insurance plans (ULIPs) in which charges are based on a complex structure, making it difficult for policyholders to comprehend. Such products in insurance parla

Posted in Others | 3105 Views

RBI considering the 'plastic' for the use of printing currency!

19 August 2007 at 00:04

The Reserve Bank is considering the use of long-lasting and more durable plastics for printing currency notes, to replace paper notes that have a shorter life. "The bank is deliberating upon the option of bringing in plastic currency which can be a m

Posted in Others | 2223 Views