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Foreign investors warn against policy paralysis

   21 November 2011 at 15:40

Global investors and research agencies appear increasingly worried that the Manmohan Singh-led United Progressive Alliance (UPA) government, shaken by graft, will not push through policy reforms in critical areas to boost long-term growth in the w

Posted in Others |   3588 Views


Auditor may have taken PAC's cue

   19 November 2011 at 12:33

Exact math used by the governments auditor in its calculation of losses and the process it followed still unclear The Comptroller and Auditor General of India (CAG) may have taken a cue from the Public Accounts Committee (PAC) while calcula

Posted in Audit  2 comments |   10179 Views


Finance ministry seeks to widen service tax net

   19 November 2011 at 12:32

Revised paper has 22 items in negative list of services that wont be taxed, a reduction from 28 in the original one All government services that compete with the private sector, construction of more than one house and even air-conditioned t

Posted in Service Tax |   8931 Views


FDI with conditions

   19 November 2011 at 12:32

The government is likely to allow global supermarkets such as Walmart, Tesco and Carrefour to set up deep discount stores in India, but with a few conditions. The department of industrial policy and promotion has moved a formal proposal to allow

Posted in Others  1 comments |   5826 Views


All your daily use services to be taxed from April

   19 November 2011 at 12:32

Almost all the services you use daily — or even occasionally —are going to cost more as the government proposes to cast the tax net as wide as possible. Travelling in air-conditioned railway coaches to house rent — if it’

Posted in Service Tax  7 comments |   14631 Views


MCA - Expedite Filing of Annual Return and Balance Sheet

   19 November 2011 at 10:50

To avoid last minute rush and system congestion in mca21 towards end of November 2011, kindly expedite filing of annual return and balance sheet without waiting for the last days of the month. During this period, roc facilitation centers/ help des

Posted in Corporate Law  1 comments |   6030 Views


Revised Concept Paper on the negative list approach to taxation of services

   19 November 2011 at 10:28

Revised Concept Paper on the negative list approach to taxation of services

Posted in Service Tax |   6729 Views


RBI careful of using forex reserves to support rupee

   18 November 2011 at 15:31

The Reserve Bank of India will be careful about using foreign exchange reserves aggressively to protect depreciation of the rupee, Subir Gokarn, a deputy governor of the Reserve Bank of India, told television channel CNBC TV-18 on Thursday. The ce

Posted in Others |   4227 Views


Central excise commissionerate Delhi-1 shows improvement

   18 November 2011 at 15:31

Dr Anup Kumar Srivastava, Central Excise Commissioner Delhi-I, speaks on various aspects of revenue collection and how trade can be facilitated through streamlined services. In an interview to HT, he delineates plans to make the Delhi-I the most c

Posted in Excise |   6837 Views


MCA - Establishment of ROC-cum-OL offices

   18 November 2011 at 11:17

[PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB SECTION (ii)] GOVERNMENT OF INDIA Ministry of Corporate Affairs Notification New Delhi, dated the 13th Nov, 2011 S.O. _______(E). – In exercise of the powers conf

Posted in Corporate Law |   6396 Views



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