Monday, November 29, 2010

Fwd: TaxGuru.in : Legal & Tax Updates



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From: LEGAL & FINANCIAL UPDATES FROM TAX GURU <info@taxguru.in>
Date: Sat, Nov 20, 2010 at 9:44 AM
Subject: TaxGuru.in : Legal & Tax Updates
To: palashbiswaskl@gmail.com


TaxGuru.in : Legal & Tax Updates

Link to LEGAL & FINANCIAL  UPDATES FROM TAX GURU

Govt Admits Irregularities In Rice Exports

Posted: 20 Nov 2010 01:14 AM PST


Admitting irregularities in non-basmati rice exports to some African countries during UPA-I tenure government on Friday said it has referred the matter to the Central Vigilance Commission CVC ...

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Sebi May Introduce Flat Fee Of 1 5 For Equity Mutual Fund Schemes

Posted: 20 Nov 2010 01:11 AM PST


The Securities and Exchange Board of India Sebi is likely to lower the cap on mutual fund expenses At present fund houses can charge up to 2 5 of average assets for equity schemes and 2 25 ...

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Plan Your Home Loan Payment Schedule To Take Maximum Tax Benefit

Posted: 20 Nov 2010 01:09 AM PST


Plan your Home Loan Payment Schedule to take maximum tax benefit Partial or full prepayment makes sense but only in some cases When Jabalpur resident Mahavir Ojha received Rs 80 lakhs from...

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Pesticide Content - Supreme Court Quashes Action Against Pepsi

Posted: 20 Nov 2010 12:58 AM PST


Company argued it was following globally accepted norms nbsp The Supreme Court on Friday quashed the prosecution of soft drink giant PepsiCo by the Kerala government over the pesticide content found...

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India Writes To 78 Countries For Amending Existing Tax Treaties And Examining Black Money Estimate Reports

Posted: 19 Nov 2010 01:58 PM PST


India has begun the trail for money allegedly stashed away in secret bank accounts in tax havens Finance minister Pranab Mukherjee on Friday told delegates at the Hindustan Times Leadership Summit...

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Greater Mohali Area Development Authority GMADA Under Income Tax Scanner

Posted: 19 Nov 2010 01:48 PM PST


The Greater Mohali Area Development Authority GMADA came under the scanner of Income Tax I-T department on Wednesday A team of I-T sleuths headed by Assistant Commissioner Preneet Suri ...

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Government Aiming At Double Digit GDP Growth In Medium Term-FM

Posted: 19 Nov 2010 01:45 PM PST


One Trillion US Dollar Required for Infrastructure Sector FM Financial Sector Legislative Reforms Commission to be Set up to Clean up Financial Sector Laws FMnion Finance Minister Shri Pranab...

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Savings Rate Is Likely To Rise Further- FM

Posted: 19 Nov 2010 01:41 PM PST


Arrival of India s Corporations in Global Market Place is Optimistic Prognosis for the Economy FMUnion Finance Minister Shri Pranab Mukherjee has expressed confidence that we are in a position...

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National Pension Scheme For Poor Persons

Posted: 19 Nov 2010 01:37 PM PST


The Interim Pension Fund Regulatory and Development Authority PFRDA has authorized 40 institutions including public sector banks private banks and the Department of Posts as Points of Presence...

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PPN Scheme In Health Insurance

Posted: 19 Nov 2010 01:35 PM PST


The Cashless Medical Insurance is provided by the Public Sector General Insurance Companies PSGICs through Third Party Administrators TPAs However the health insurance portfolio is...

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135 Multinational Pharma Companies Operating In India

Posted: 19 Nov 2010 01:29 PM PST


The Minister for Corporate Affairs has said that as per information available in his Ministry 135 Multinational Pharma companies are operating in India through their subsidiaries Giving this...

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IRDA Gives Clean Chit To LIC In Transfer Of Profits Case

Posted: 19 Nov 2010 12:05 PM PST


Insurance regulator IRDA today gave a clean chit to Life Insurance Corporation of India the largest insurance company in India in the case of alleged violation of rules pertaining to transfer of...

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Govt May Ask New Telecom Operators To Pay More To Compensate Loss

Posted: 19 Nov 2010 12:01 PM PST


Embroiled in a controversy over distributing spectrum cheap the government may ask the new telecom operators to pay an additional amount over and above the Rs 1 651 crore they have already paid...

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No Plans To Invest General Provident Fund In Stock Market- Finmin

Posted: 19 Nov 2010 11:59 AM PST


The Centre today said in the Lok Sabha that it does not intend to invest the provident fund of government employees estimated at Rs 83 363 crore in stock market Minister of State for Finance Namo...

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RBI Scrutinising IPL Related Transactions Of Banks

Posted: 19 Nov 2010 11:57 AM PST


The government today said the Reserve Bank is scrutinising IPL related transactions of certain banks to check compliance under the foreign exchange rules The Reserve Bank of India RBI has...

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Invest For Longer Term In Consumer

Posted: 19 Nov 2010 11:56 PM PST


The ultimate objective of all production is consumption for the satisfaction of varied needs of man A free market economy provides freedom to the consumers to buy and consume goods of their...

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Transfer Pricing Constitutional Validity Of Provisions S 92 92A

Posted: 19 Nov 2010 11:25 AM PST


In Coca Cola India Inc vs ACIT 309 ITR 194 the P H High Court upheld the constitutional validity of Chapter X laid down far-reaching principles on the applicability of transfer pricing provisions...

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Exempts Goods In Relation To Generation Of Power Using Non-conventional Materials - Relaxation To Projects Promoted By States

Posted: 20 Nov 2010 12:38 AM PST


Amends notification no 81 2005 Cus dated 8-9-2005 - Exempts goods in relation to generation of power using non-conventional materials - relaxation to projects promoted by states nbsp ...

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Antidumping Duty On Import Of Bias Tyres Tubes And Flaps Originating In Or Exported From People S Republic Of China China PR And Thailand

Posted: 20 Nov 2010 12:34 AM PST


Anti dumping duty on import of bias tyres tubes and flaps falling under tariff items 4011 20 90 4013 10 20 and 4012 90 49 of the First Schedule to the Customs Tariff Act 1975 51 of 1975 ...

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Notification No 34 2010 - Central Excise- Amends Notification No 33 2005 CE Dated 8-9-2001

Posted: 20 Nov 2010 12:02 AM PST


Amends notification no 33 2005 CE dated 8-9-2001 - Exempts goods in relation to generation of power using non-conventional materials - relaxation to projects promoted by statesNotification No 34...

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RBi Adivises Bank To Disclose All Information Relating To Processing Fees Charges

Posted: 19 Nov 2010 02:07 PM PST


Disclosing all information relating to processing fees chargesRBI 2010-11 285RPCD CO RF BC No 29 07 38 01 2010-11November 19 2010All State Co-operative Banks StCBs andCentral Co-operative Banks ...

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Form 24 In Excel Format For Quarterly Statement Of Income Tax Deposit

Posted: 18 Nov 2010 10:38 PM PST


Form No 24 in Excel Format for Quarterly Statement of Income Tax TDS For unlocked this File please Mail me pranab banerjee83 gmail com

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Form 27A In Excel Format For Income Tax Annual Statement

Posted: 18 Nov 2010 10:36 PM PST


Form No 27A in excel Format for annual statement If you have need this Sheet as unlocked please Mail me pranab banerjee83 gmail com

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Guess Your Income Tax For Financial Year 2010-2011

Posted: 18 Nov 2010 10:34 PM PST


Guess your Income Tax which will be paid in financial year 2010-2011 if you have need this Calculation software as unlocked please mail me pranab banerjee83 gmail com or bpranab78 yahoo com

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Salary Statement Form 16 ITR-I 10E For All Employees Fy 10-11

Posted: 18 Nov 2010 10:31 PM PST


Income Tax Calculation for financial year 2010-2011 for all employees If you have need this Software which made simple Excel for unlocked the software please mail me pranab banerjee83 gmail com

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