GoI reiterates commitment on expansion of Power Sector
Govt. Committed towards rapid expansion of Power sector says Jyotiraditya Scindia The Government is committed towards sustainable development and rapid expansion of the physical infrastructure in general and the power sector in particular said Shri Jyotiraditya Scindia, Union Minister of State for Power (Independent charge) while inaugurating the International Operation & Maintenance (O&M) Conference today… Read More
MoC Speak :: Protectionism delays recovery and deepens recession
Protectionism delays recovery and deepens recession: Anand Sharma Urges nations to remain committed to open markets The Union Minister for Commerce & Industry Shri Anand Sharma has urged the developed nations to remain committed to open markets and zealously guard against protectionism. Speaking at the 21st NASSCOM India Leadership Forum 2013 in Mumbai on Wednesday,… Read More
MoC Speak :: India to be Leading International Trading Hub for Rough Diamonds
India Poised to be the Leading International Trading Hub for Rough Diamonds Task Group report to make recommendations to help India retain its primacy as a trading hub Shri Anand Sharma, Union Minister of Commerce, Industry and Textiles accepted and unveiled a Task Group report to make India an International Trading hub for rough diamonds.… Read More
PM Speak :: Focus on Socio-economic developments
Following is the text of the Prime Minister, Dr. Manmohan Singh™s address at the Conference of Governors at Rashtrapati Bhavan, in New Delhi today: Over the last two days, we have all benefitted from the presentations and discussions that have taken place in this conference. Occasions like this help us not only in developing a deeper understanding of issues of vital national… Read More
India™s Foreign Trade Report for January, 2013
EXPORTS (including re-exports) Exports during January, 2013 were valued at US $ 25587.24 million (Rs. 138981.70 crore) which was 0.82 per cent higher in Dollar terms (6.67 per cent higher in Rupee terms) than the level of US $ 25379.05 million (Rs. 130294.02 crore) during January, 2012. Cumulative value of exports for the period April-January 2012 -13… Read More
GoI to present revised Food Security Bill in Budget Session
The Government intends to present the revised National Food Security Bill in the Parliament during Budget Session for consideration and passage, so that the people are ensured of its benefits at the earliest. The Bill, to provide food security for all in a rights based manner, is being finalised in the light of recommendations of… Read More
FAQs regarding Form T-2 under Delhi VAT Rules
Q1. What is Form T-2? Ans. Form T-2 has been prescribed/notified by the Commissioner, Value Added Tax, Department of Trade and Taxes, requiring the dealers to furnish details of invoices and goods receipt note in respect of goods purchased or received as stock transfer from outside Delhi. This form is to be submitted online. Commissioner… Read More
Regarding submission of information in T-2 and effective date of implementation under Delhi VAT
(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110 002 No.F.7(433)/Policy-II/VAT/2012/1170-81 Dated :31-01-2013 NOTIFICATION I, Prashant Goyal, Commissioner, Value Added Tax, Government of National Capital Territory of Delhi, in exercise of the powers conferred on… Read More
Oriental Bank of Commerce and Vijaya Bank added for e-tax payment under Delhi VAT
(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI OFFICE OF THE COMMISSIONER, VALUE ADDED TAX VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110 002 No.F.7(239)/P-I/VAT/ 2009/1130-1143 Dated : 23.1.2013 NOTIFICATION In exercise of the powers conferred under sub-rule (2) of Rule 31 of the Delhi Value Added… Read More
Filing of Data in XBRL mode extended till 28th February 2013
General Circular No: 05/2013 No. 17/ 161 /2012-CL-V Government of India Ministry of Corporate Affairs 5th Floor, "A" Wing, Shastri Bhawan, Dr. R.P. Road, New Delhi-110001 Dated 12/02/2013 All the Regional Directors, All the Registrar of Companies. Sub: -Filing of Balance Sheet and Profit and Loss Account in extensible Business Reporting Language (XBRL) mode for… Read More
New President and Vice-President of the Institute of Chartered Accountants of India
Shri Subodh Kumar Agrawal, a fellow member of the Institute of Chartered Accountants of India (ICAI) with 24 years of standing has taken over as the new President of the Institute w. e. f. today. Shri K. Raghu has been elected as the new Vice-President of ICAI. Both later addressed a Press Conference and assured… Read More
Section 50C of the IT Act does not apply to transfer of immovable property held through company
CLR Editorial Notes: The case refers to an assessee holding shares of a company which in turn owned flats in Mumbai. The shares of the company were sold by the assessee and capital gains were assessed on the same. The Assessing Office & Commissioner IT (Appeals) held that by due to the sale of shares in… Read More
ICSI Circular on Campus Placement for Fresher Members & Students
Campus Placement for Fresher Members & Students The Institute is organizing a Campus Placement for the fresher members for job and for students for 15 Months Training on Saturday , the 16th February 2013 at ICSI- NOIDA, C-37,Sector-62,NOIDA from 10:00 am onwards. The following process will be followed: 1. Name of the participating companies will be… Read More
Subscribe to the Daily Journal
Corporate Law Referencer
India’s Leading Compliance Software
