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Creation of seven posts of Indirect Tax Ombudsman
01 April 2011 at 12:12The Union Cabinet today approved creation of seven posts of Indirect Tax Ombudsman to be located at Delhi, Mumbai, Chennai, Calcutta, Bangalore, Ahmedabad and Lucknow in the HAG + scale of Rs.75,500-80,000/- and the supporting staff. The Indirect Ta
Facility of Income Tax Payment Through ATMs by Union Bank of India Launched
01 April 2011 at 12:12Facility of Income Tax Payment Through ATMS by Union Bank of India Launched The Minister of State for Finance Shri Namo Narain Meena launched facility of Income Tax payment through ATMs by Union Bank of India here today. Senior officials from Minist
Vodafone buys Essar's stake for $5 bn; may exceed FDI limit
01 April 2011 at 12:11Vodafone buys Essar's stake for $5 bn; may exceed FDI limit UK-based Vodafone on Thursday acquired 33 per cent stake of its Indian partner Essar in the joint venture Vodafone Essar for USD 5 billion and may go for a new ally or opt for publi
CAs exempted from collecting service tax on accrual basis
01 April 2011 at 12:06Notification No.25/2011 - Service Tax Ministry of Finance has today issued the above Notification amending Point of taxation Rules, 2011. Rules 7 has been substituted by a new Rule whereby, point of taxation in respect specified service providers w
Amendments in Point of Taxation Rules, 2011 and other related provisions
01 April 2011 at 12:03Amendments in Point of Taxation Rules, 2011 and other related provisions F.No.341/34/2010-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) ****** New Delhi dated the 31st March, 2011. To A
RBI releases Study on State Finances 2010-11
31 March 2011 at 16:33RBI releases Study on State Finances 2010-11 The Reserve Bank of India (RBI) today released “State Finances: A Study of Budgets of 2010-11”, a publication that provides data, analysis and assessment of finances of State governments.
President's Message - April 2011
31 March 2011 at 15:37President's Message - April 2011 Dear friends, When the first Finance Minister of India, Shri R. K. Shanmukham Chetty, presented the first budget of the country soon after our independence, on 26th November, 1
ICAI e-Journal (April 2011)
31 March 2011 at 15:37ICAI e-Journal (April 2011)
Consolidated FDI Policy (Effective from 1-4-2011)
31 March 2011 at 14:31Circular 1 of 2011 on FDI Circular 1 of 2011, being released today, is the third edition of the Consolidated FDI Policy. One year has passed since the policy on Foreign Direct investment (FDI), was consolidated and released for the first time, e
The Banking Companies (Nomination) Rules, 1985 - Clarifications
31 March 2011 at 12:09The Banking Companies (Nomination) Rules, 1985 – Clarifications RBI/2010-11/454 DBOD.No. Leg. BC. 83/09.07.005/2010-11 March 30, 2011 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, The Banking Companies (Nomination) Rules
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