Laws4India-Latest News

Direct tax mop-up growth slips a tad in Aug, but target in sight

Tue, 07 Sep 2010 02:01:51 -0400

Direct tax mop-up growth slips a tad in Aug, but target in sight Growth in direct tax collections moderated slightly in August, but the government is firmly on course to meet its target for the current fiscal year. Read full Story The Economic Times September 7,2010

Slow processing of returns, a reason for poor growth

Tue, 07 Sep 2010 02:01:14 -0400

Slow processing of returns, a reason for poor growth One of the main reasons for poor growth is apparently the slow processing of returns, especially in the initial quarters. Read full Story Hindustan Times September 7,2010

Aadhaar may be sufficient to open bank account

Tue, 07 Sep 2010 02:00:38 -0400

Aadhaar may be sufficient to open bank account A unique identification number , or Aadhaar, may soon be enough for a person to get a new mobile connection or to open a bank account. Read full Story Business Standard September 7,2010

Cabinet to consider fresh Ordinance on enemy properties today

Tue, 07 Sep 2010 01:59:32 -0400

Cabinet to consider fresh Ordinance on enemy properties today The Union Cabinet will consider on Tuesday the home ministry's proposal to promulgate a fresh Ordinance on enemy properties, incorporating all the amendments that it unsuccessfully tried to bring in the Monsoon session of Parliament, which concluded last week. Read full Story The Times Of India September 7,2010

House property tax regime set to change under DTC

Tue, 07 Sep 2010 01:58:43 -0400

House property tax regime set to change under DTC Indians typically consider house property as an important source of investment for long-term returns. However, with the Direct Taxes Code (DTC), 2010, proposing significant changes in the way house property income would be subject to tax, it becomes imperative for investors to take note of the changes and plan their investment decisions accordingly. Read full Story The Economic Times September 7,2010

Cos take the 'easy' way out in liquidation drive

Tue, 07 Sep 2010 01:58:02 -0400

Cos take the 'easy' way out in liquidation drive The 'easy exit scheme' proposed by the Ministry Of Company Affairs (MCA) has received an overwhelming response from promoters who want to wind up their loss-making ventures without too many regulatory hurdles. Read full Story The Economic Times September 7,2010

Committee for more power to Sebi

Tue, 07 Sep 2010 01:57:21 -0400

Committee for more power to Sebi The standing committee on finance has given overriding powers to sectoral regulators, such as SEBI, on issues that come under their domain. Read full Story The Times Of India September 7,2010

Real estate funds seek to tap urban redevelopment segment

Tue, 07 Sep 2010 01:56:41 -0400

Real estate funds seek to tap urban redevelopment segment With Mumbai set to undergo another spell of redevelopment —around 19,000 crumbling buildings and government housing colonies are being torn down to be replaced by high rises—real estate funds are seeking to enter the segment. Read full Story Live Mint September 7,2010