Patent Co-Operation Treaty (PCT) – International & National Phase Entry Applications Posted: 22 May 2010 08:49 AM PDT
Patent Co-operation Treaty (PCT) was entered on June 9, 1970. On 7th December, 1998 India became the 98th contracting state of the PCT. Signatory countries formed a Union for co-operation in filing, searching, and examination of applications for... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] |
DGFT-Amendments in Chapter 25 (export licensing note regarding export to Maldives) of the Schedule 2 (Export Policy) of ITC HS Classifications of Export and Import Items Posted: 22 May 2010 03:09 AM PDT
Export to Maldives permitted as per ceiling mentioned below subject to issue of No Objection within the annual ceiling by CAPEXIL who shall monitor the ceiling and send a quarterly report to Export Cell in DGFT: [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] |
DGFT-Amendments in the Schedule 2, Table B of ITC HS Classifications of Export and Import Items, with immediate effect Posted: 22 May 2010 03:07 AM PDT
In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 and 2.1 of the Foreign Trade Policy, 2009-14, and also read with Notification No. 26 (RE 2008)/2004-09... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] |
Corporate ministry started consultations on feasibility of setting up NCLT Posted: 22 May 2010 03:01 AM PDT
The ministry of corporate affairs (MCA) has started a round of consultations with the law ministry on the feasibility of setting up a National Company Law Tribunal (NCLT) in the next one year. [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] |
Income-tax (Fifth Amendment) Rules, 2010 – Amendment in rule 18C Posted: 22 May 2010 02:48 AM PDT
Notification No. 38/2010, F. No. 149/52/2010-SO(TPL), dated 21-5-2010.In exercise of the powers conferred by section 295 read with clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] |
Industrial Park (Amendment) Scheme, 2010 – Amendment in para 4 and Form IPS-I Posted: 22 May 2010 02:46 AM PDT
In exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendments to the Industrial Park Scheme, 2008, namely :- [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] |
Tax officials to visit Mauritius to negotiate changes in Income tax treaty Posted: 22 May 2010 02:19 AM PDT
Over 40% of foreign investment inflows to India is routed through Mauritius, a significant portion of which is believed to be third country funds and Indian money routed through the island nation to avoid taxes. India loses over $600 million in... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] |
Income Tax Department conducted lesser Search, but seizures doubled Posted: 22 May 2010 12:40 AM PDT
The Income Tax (I-T) department seems to have mastered the art of getting more for less. No strong-arm tactics here; it is just that the department has improved what it calls the effectiveness of its search operations through better targeting. [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] |
Income Tax department needs 30,000 more employees to carry out its existing operations Posted: 21 May 2010 11:29 PM PDT
The Income Tax Department needs to immediately add 30,000 more employees to carry out its existing operations, a senior Finance Ministry official said."To avoid affecting the overall revenue collection and delivery of tax payer services, the... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] |
Switzerland will share data in accordance with the tax treaty between the two countries Posted: 21 May 2010 11:25 PM PDT
Life insurance companies anticipate a fall in premium collected through unit-linked pension products. This is due to the Insurance Regulatory and Development Authority (IRDA) making life cover compulsory with pension plans. [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] |
Section 120(1) and (2) of the Income-tax Act, 1961 – Income-tax authorities – Jurisdiction of – Amendment in Notification No. S.O. 732(E), dated 31-7-2001 Posted: 21 May 2010 11:09 PM PDT
In exercise of the powers conferred by sub-sections (1) and (2) section 120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendments in the notification of the Government of India, [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] |
Income Tax department seeks SC view on payments made to Sheraton Posted: 21 May 2010 10:47 PM PDT
The director of income tax has sought the interference of the Supreme Court in deciding whether the payments made by Indian hotels, including ITC, to hospitality major Sheraton International Inc would fall under business profits or royalties and... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] |
Is there any true Competition in Legal Profession? Posted: 21 May 2010 10:03 AM PDT
Since I was a student of law, I was hearing from many legal professionals and the people in the society that it is very difficult to make money in legal profession and survival would be really difficult. I have started my little journey in legal... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] |
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