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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.38 / 2011 - Customs New Delhi, the 9th May, 2011 G.S.R. (E). -Whereas, the designated authority vide notification No. 15/23/2010-DGAD, dated the 25th February, 2011, published in… Read More
Circular No. 139/8/2011-TRU F.No.334/81/2011-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Tax Research Unit New Delhi, the 10th May 2011 To Chief Commissioners of Central Excise and Customs (All), Director General (Service Tax), Director General (Central Excise Intelligence), Director General (Audit), Commissioners of Service Tax (All)… Read More
Food served in hotel rooms from their air conditioned restaurants with liquor licences will not attract service tax, the revenue department today said. "When the food is served in the room, service tax cannot be charged under the restaurant service as the service is not provided in the premises of the air-conditioned restaurant with a… Read More
Sebi has asked stock exchanges in the country to be cautious in dealings with funds and entities from Iran and North Korea fearing possible black money flow and terror financing risks from those countries into the Indian stock market, The country's top bourse NSE's investigation department today said in a circular to the bourse's members… Read More
The Cabinet is likely to approve a proposal to allow foreign direct investment (FDI) in Limited Liability Partnership (LLP) firms tomorrow. Giving go ahead to FDI in LLPs would enable them to choose among domestic and foreign investors and make these more competitive. This move will also encourage more partnership firms to convert into LLPs.… Read More
Calling it a strange and surprising order, the Supreme Court on Monday stayed the Allahabad High Court's verdict on the Babri Masjid-Ramjanmbhoomi disputed site by which it had directed the site be divided equally between the three contending parties. The apex court bench of Justice Aftab Alam and Justice R.M. Lodha Monday said that by… Read More
Justice Ajit Bharihoke reserved his order on bail pleas on Swan Telecom Director Vinod Goenka and Unitech Ltd's Managing Director Sanjay Chandra and the three Reliance ADAG officials after CBI's Special Public Prosecutor U U Lalit concluded his argument vehemently opposing their bail pleas. The three top Reliance ADAG executives, who have been held for… Read More
Raja Rammohun Roy Library Foundation under the aegis of the Ministry has organised an international conference on Tagore™s Universalism in New Delhi, Kolkata and Dhaka to commemorate the 150th Birth Anniversary of Rabindranath Tagore. The two-day conference began in New Delhi today taking up subset of themes such as Individual & the Universe, The Samaja… Read More
The Former President of India, Dr. A. P. J. Abdul Kalam will give away National Awards on Technology on the occasion of Celebration of Technology Day here tomorrow. The Union Minister of Science & Technology and Earth Sciences, Shri Pawan Kumar Bansal will preside over the function. Technology Day is celebrated as a symbol of quest for scientific inquiry and… Read More
The attention of Government has been drawn to news items appearing in a section of media which have commented on some aspects of the Rules framed under section 43A of the Information Technology Act, 2000. The Department of Information Technology, Ministry of Communications & IT has clarified the position in this regard that these Rules… Read More
A new online tracking system will allow websites to pinpoint your location to within a few hundred metres, without your permission. Internet sites will be able to work out where users are within an average of 690 metres, using information about their internet connection. At the moment they can only track users' locations to within a… Read More
No.13-CA(EXAM)/ISA/J/2011: - In pursuance of Rule 7 of Schedule ˜F™ to Regulation 204 of theChartered Accountants Regulations, 1988 (as amended vide Notification No. 1 -CA(7)/59/2001dated 28th September 2001), the Council of the Institute of Chartered Accountants of India ispleased to notify that the Information Systems Audit (ISA) Course Assessment Test will be heldon 18th June… Read More
After detecting several cases of misuse of incentives, the Commerce Ministry has tightened the norms governing the Deemed Export benefit scheme, a move expected to save about Rs 1,800 crore to the exchequer annually. It has been decided that the deemed exports would not be available if the bill of entry is in the name… Read More
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