CAclubindia News

Special Tax Benefits and Facilities in SEZs

11 August 2010 at 10:48

Special Tax Benefits and Facilities in SEZs Special tax benefits/facilites are offered to Special Economic Zones (SEZs) in the country. They include: I. Duty free import/domestic procurement of goods for development, operation and mainten

Posted in Others | 1 comments | 5394 Views

Mitigation Of Financial Hardship Of Common Man

11 August 2010 at 10:45

Mitigation Of Financial Hardship Of Common Man The Reserve Bank of India (RBI) has issued directives to banks on lending under Priority Sector. As per extant guidelines of RBI on Priority Sector Lending (PSL) (available at www.rbi.org.in), the Dom

Posted in Others | 3447 Views

Direct Taxes Code (DTC) to Cover SEZs - Profit Linked Incentives to be Replaced by Investment Linked Deductions

11 August 2010 at 10:37

Direct Taxes Code (DTC) to Cover SEZs Profit Linked Incentives to be Replaced by Investment Linked Deductions The draft Direct Taxes Code (DTC) along with a Discussion Paper was released for public discussion in August 2009. The Discussion Pa

Posted in Income Tax | 7020 Views

RBI Issues Master Circular on Credit Card Operations W.E.F Ist July, 2010

11 August 2010 at 10:32

RBI Issues Master Circular on Credit Card Operations W.E.F Ist July, 2010 In order to ensure that Banks/ Non-Banking Financial Companies (NBFCs) run their credit card operations in a fair and regulated manner, Reserve Bank of India (RBI) had issue

Posted in Others | 1 comments | 6414 Views

Modernization of Corporate Governance

10 August 2010 at 17:26

Modernization of Corporate Governance The Government has said that it proposes to modernize corporate Governance through simpler, accountability obligated, transparent and democratic company law. Stating this intention of the Government in written

Posted in Corporate Law | 3864 Views

Section 65(105)(z) of the FA, 1994 - Clarification regarding ST on commission received by Primary Dealers dealing in Government securities

10 August 2010 at 17:25

Section 65(105)(z) of the Finance Act, 1994 - Clarification regarding service tax on commission received by Primary Dealers dealing in Government securities Circular No.126/08/2010 - ST F.No.332/13/2010-TRUGovernment of IndiaMinistry of FinanceDepa

Posted in Service Tax | 6531 Views

Govt Amends Public Shareholding Requirement Rules Public Shareholding for all PSES lowered to 10% Companies can raise public Shareholding level Within

10 August 2010 at 10:18

Govt Amends Public Shareholding Requirement Rules Public Shareholding for all PSES lowered to 10% Companies can raise public Shareholding level Within Three years without any Annual floor The Department of Economic Affairs, Ministry of Finance has

Posted in Others | 3549 Views

INDIA INVESTOR WEEK, 2010

10 August 2010 at 10:11

INDIA INVESTOR WEEK, 2010 The Ministry of Corporate Affairs organized India Investor Week from July 12-17, 2010 in order to bring a national focus on the subject of investor awareness. The Ministry partnered with the professional institutes, tra

Posted in Corporate Law | 3132 Views

FM not averse to more fiscal, monetary steps to ease inflation

10 August 2010 at 09:49

FM not averse to more fiscal, monetary steps to ease inflation Concerned over rising prices, Finance Minister Pranab Mukherjee has said more fiscal and monetary steps could be taken to ease inflation, if required. "The Reserve Bank is consta

Posted in Others | 2034 Views

Relaxation from undergoing Orientation Programme and extension of completion date of Information Technology Training (ITT)

09 August 2010 at 16:13

Relaxation from undergoing Orientation Programme and extension of completion date of Information Technology Training (ITT) Important Announcement BoS/Announcement/227/10 August 6, 2010 Sub: Relaxation from undergoing Orientation Programme

Posted in Students | 3 comments | 5940 Views