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Feb 26, 2013

List of 67 New Express, 26 Passenger Trains, 7 New Lines, 24 Train Frequency increase

List of 67 New Express, 26 Passenger Trains, 7 New Lines, 24 Train Frequency increase

67 New Express and 26 Passenger Trains to be Introduced :-  The Minister of Railways Shri Pawan Kumar Bansal has announced the introduction of 67 new Express trains, 26 passenger trains, 5 MEMU services and 8 DEMU services  while presenting the Railway Budget 2013-14 in Parliament today:- Express...

LIC Jeevan Sugam – New Single premium plan

LIC's Jeevan Sugam is a non-linked single premium plan wherein the risk cover is a multiple of premium paid by you. On maturity this plan offers a Maturity Sum Assured chosen by you.

Indian Court System & who cares for Reforms?

With great pain from the bottom of my heart, I have been writing this article. I have got great respect for legal profession, legal professionals and Indian Court System. I have had the privilege of reading some of the land-mark cases like 'breach of legislative privilege case' where late Shri...

IDBI Bank introduces online PPF Subscription Facility

IDBI Bank limited, a new generation PSU Bank, has successfully launched 'Online PPF Subscription Facility' for its customers in the month of February, 2013. The Bank had earlier got permission from Government of India for operationalising PPF transactions through Internet banking.

Highlights & Speech of Railway Budget – 2013-14

Download Speech of Sh. Pawan Kumar Bansal  introducing the Railway Budget, 2013-14  on 26th February 2013 Highlights of The Railway Budget – 2013-14 Thrust 1. Safety; 2. Consolidation; 3. Passenger Amenities; 4. Fiscal Discipline. Some Achievements/Initiatives • IR enters the one billion...

CBI arrests ITO from Ahmedabad for demanding & accepting a bribe

The Central Bureau of Investigation has arrested an Income Tax officer for demanding & accepting a bribe of Rs.10,000/- from the Complainant.             A case was registered against one Income Tax Officer working under Director of Income Tax (Exemption), Ahmedabad for demand of Rs.10,000/- as...

Income disclosed prior to search cannot be treated as undisclosed income

It is a well-settled that the undisclosed income under Chapter XIV-B of the Act has to be computed on the basis of search materials. It is also well settled that any income which has already been either recorded in the books of account or otherwise disclosed to the Department prior to the date of...

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