Interest Rate on PPF increased to 8.60 percent w.e.f. 01.12.2011

Interest Rate on PPF increased to 8.60 percent w.e.f. 01.12.2011 Posted: 27 Nov 2011 04:52 PM PST In pursuance of section 5 of the Public Provident Fund Act, 1968 (23 of 1968) the Central Government hereby notifies that the subscriptions made to the fund on or after the 1st day of December, 2011 and balances at the credit of the subscriber shall... [[ This is a content summary only. Visit www.taxguru.in for full article. Visit our News Portal www.dailyindianews.com ]] Are 'WE, THE PEOPLE OF INDIA' Not Entitled To Be Governed By the 'Rule of Law'? Posted: 27 Nov 2011 01:14 PM PST The constitutional validity has been challenged of Chapters 1B and 1C of the Companies Act, 1956 inserted by Companies (Second Amendment) Act 2002, providing for the constitution of National Company Law Tribunal (`NCLT' or `Tribunal') and National... [[ This is a content summary only. Visit www.taxguru.in for full article. Visit our News Portal www.dailyindianews.com ]] Finance Minister Pranab Mukherjee's opening remarks in Kathmandau today after signing the DTAA Posted: 27 Nov 2011 04:59 AM PST As you know, I am here primarily to sign the Double Taxation Avoidance Agreement (DTAA) as was agreed during the visit of Prime Minister of Nepal to India on October 20-23, 2011. I am happy that we have revised the Double Taxation Avoidance... [[ This is a content summary only. Visit www.taxguru.in for full article. Visit our News Portal www.dailyindianews.com ]] CBI arrests Thane Service Tax Supdt. accepting bribe Posted: 26 Nov 2011 08:23 PM PST Central Bureau of Investigation ( CBI) arrested Superintendent of Service Tax Department, Thane, Anil Singh for allegedly accepting a bribe from a private firm. The CBI laid a trap at his office chamber in Thane and arrested Singh red handed while... [[ This is a content summary only. Visit www.taxguru.in for full article. Visit our News Portal www.dailyindianews.com ]] Download Automated Form-16A for the Financial Year 2011-2012 and Assessment Year 2012-2013 Posted: 26 Nov 2011 08:20 PM PST Download Automated Form-16A for the Financial Year 2011-2012 and Assessment Year 2012-2013 in excel format. [[ This is a content summary only. Visit www.taxguru.in for full article. Visit our News Portal www.dailyindianews.com ]] Increased Interest Rates and its expected impact on Asian Economies in 2012 Posted: 26 Nov 2011 08:18 PM PST The world is facing the tremors of financial time bombs which are getting blasted from time to time. Europe has covered every country, states, town's news papers and, TV channels and other media resources left on the globe with their ongoing crisis.... [[ This is a content summary only. Visit www.taxguru.in for full article. Visit our News Portal www.dailyindianews.com ]] PPF, MIS, and other Post office Deposit Scheme to earn higher interest from 1st December, PPF limit raised to 100000 Posted: 26 Nov 2011 08:10 PM PST The finance ministry has notified rules which will pave the way for small savings account holders to earn higher returns from December 1. Earlier this month, the government had accepted the recommendations of a panel which would help investors earn... [[ This is a content summary only. Visit www.taxguru.in for full article. Visit our News Portal www.dailyindianews.com ]] CBI have No cases against German bank account holders Posted: 25 Nov 2011 08:56 PM PST CBI is understood to have communicated to the Central Board of Direct Taxes that none of the individuals whose names figure in the LGT Bank accounts for stashing illegal funds abroad has any pending CBI cases against them. The list of 18 individuals... [[ This is a content summary only. Visit www.taxguru.in for full article. Visit our News Portal www.dailyindianews.com ]] FDI in Retail Sector to create 10 million jobs – Anand Sharma Posted: 25 Nov 2011 08:48 PM PST The decision of the Union Cabinet to permit FDI into multi-brand retail in the country will create 10 million new jobs including 6 million in the logistics sector alone, said Shri Anand Sharma, Union Minister for Commerce and Industry. Addressing a... [[ This is a content summary only. Visit www.taxguru.in for full article. Visit our News Portal www.dailyindianews.com ]] Court orders FIR against Lokpal Activist Kiran Bedi Posted: 25 Nov 2011 08:45 PM PST In double whammy for Kiran Bedi, a key member of Team Anna, a Delhi court on Saturday ordered lodging of an FIR against her for allegedly misappropriating funds meant for her NGOs and rejected her complaint seeking further probe into Commonwealth... [[ This is a content summary only. Visit www.taxguru.in for full article. Visit our News Portal www.dailyindianews.com ]] NABARD Monitors Performance of Cooperative Banks to improve their Functioning Posted: 25 Nov 2011 08:41 PM PST There are 31 State Cooperative Banks, 370 District Central Cooperative Banks (DCCBs), 20 State Co-operative Agriculture and Rural Development Banks (SCARDBs) and 697 Primary Co-operative Agriculture and Rural Development Banks (PCARDBs) in the... [[ This is a content summary only. Visit www.taxguru.in for full article. Visit our News Portal www.dailyindianews.com ]]