Friday, August 26, 2011

Fwd: TaxGuru : “Salient features of DTAA between Taipei Economic and Cultural Center in New Delhi and India-Taipei Association in Taipei and Full text of DTAA” plus 20 more



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From: TaxGuru.in - Daily Tax and Corporate Law Update <info@taxguru.in>
Date: Fri, Aug 26, 2011 at 9:50 AM
Subject: TaxGuru : "Salient features of DTAA between Taipei Economic and Cultural Center in New Delhi and India-Taipei Association in Taipei and Full text of DTAA" plus 20 more
To: palashbiswaskl@gmail.com


TaxGuru : "Salient features of DTAA between Taipei Economic and Cultural Center in New Delhi and India-Taipei Association in Taipei and Full text of DTAA" plus 20 more

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Salient features of DTAA between Taipei Economic and Cultural Center in New Delhi and India-Taipei Association in Taipei and Full text of DTAA

Posted: 25 Aug 2011 08:22 PM PDT

The Taipei Economic and Cultural Center in New Delhi has signed a DTAA with the India - Taipei Association in Taipei. Taiwan's Ministry of Finance (MOF) on August 17 announced that Taiwan's income tax agreement and protocol with India entered into...

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MCA intoduced new feature to track the Companies in which a person is/was a director

Posted: 25 Aug 2011 07:48 PM PDT

Recently, the Ministry of Corporate Affairs has released the Defaulters list and since then all of us including directors are getting much cautious to track the detail of defaulter companies and even directorship in other companies. In this regard...

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New ITR- 1 (Sahaj) for the F.Y. 2010-11 or A.Y. 2011-12 with Auto tax Calculation and Acknowledgement

Posted: 25 Aug 2011 03:50 PM PDT

Download New ITR- 1 (Sahaj) for the Financial Year 2010-11 or Assessment year 2011-12 with Auto tax Calculation and Acknowledgement

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Income Tax department unearths tax evasion of Rs 18 crore in its surveys in small districts

Posted: 25 Aug 2011 12:21 PM PDT

In a first of its kind action in the state, the Income Tax department has conducted surveys in small districts and unearthed tax evasion to the tune of close to Rs 18 crore. The department recently conducted a special drive and conducted raids at...

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Replacement of the Companies Act is likely to help in checking frauds committed by companies against investors

Posted: 25 Aug 2011 11:18 AM PDT

The Companies Bill, 2009 seeks to provide stricter provisions for more effective enforcement action against companies involved in fraud. Provisions like initiating investigation by Central Government suo moto, allowing search and seizure during...

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State-wise number of foreign companies operating in India

Posted: 25 Aug 2011 11:16 AM PDT

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that 820 foreign companies have been registered during the last three years. The Government has received Rs. 6.91 crore, Rs. 9.56 crore...

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Whether the Companies Act, 1956 has prescribed any ceiling on the remuneration of chief executive officers (CEOs) of companies?

Posted: 25 Aug 2011 11:14 AM PDT

The total managerial remuneration to be paid to a Board level CEO of a company having only one Whole Time Director or a Manager is 5% of the net profit of the company and the total remuneration to be paid to all the Board level Directors together of...

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Prosecution initiated by Govt on errant companies which violated the Companies Act, 1956 during last three years

Posted: 25 Aug 2011 11:12 AM PDT

Violation of Companies Act - The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the number of prosecutions filed for the violations of the provisions of the Companies Act, 1956 and disposed...

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Government proposes to give more powers to the Serious Fraud Investigation Office (SFIO)

Posted: 25 Aug 2011 11:07 AM PDT

SFIO - The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that keeping in view the recommendations made by Vepa Kamesam committee, it is proposed to give statutory recognition to SFIO. Besides,...

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87 companies still vanishing

Posted: 25 Aug 2011 11:05 AM PDT

Companies which had raised funds through Initial Public Offer were identified as Vanishing Company for (i) non maintaining of their registered office; (ii) non- traceability of directors(iii) non- filing of statutory returns/ listing...

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Procedure for regulating refund of excess amount of TDS deducted and/or paid – Modification of Circular No. 2/2011, dated 27-4-2011

Posted: 25 Aug 2011 10:04 AM PDT

CIRCULAR NO. 6/2011, DATED 24-8-2011 Section 200A of The Income-Tax Act, 1961 - Deduction Of Tax At Source - Processing Of Statement Of Tax Deducted At Source - Procedure For Regulating Refund Of Excess Amount Of TDS Deducted And/or Paid -...

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ICSI Delares Ressults for the Company Secretaries Examinations Held in June, 2011- Check Result and List of Toppers

Posted: 25 Aug 2011 05:53 AM PDT

The Institute of Company Secretaries of India (ICSI) has today declared the results of Company Secretaries Examinations held in June, 2011 here in New Delhi today and released to all the Regional and Chapter Offices of the institute throughout the...

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RBI Committee to re-examine the existing classification and suggest revised guidelines with regard to priority sector lending classification and related issues

Posted: 25 Aug 2011 04:10 AM PDT

The Reserve Bank of India has set up a Committee to re-examine the existing classification and suggest revised guidelines with regard to priority sector lending classification and related issues. Shri M. V. Nair, CMD, Union Bank of India will chair...

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RBI releases Annual Report for 2010-11

Posted: 25 Aug 2011 04:07 AM PDT

The Reserve Bank of India today released its Annual Report for 2010-11. This is a statutory Report of the Central Board of the Reserve Bank that covers (i) the assessment of the macroeconomic performance during 2010-11 and the prospects for 2011-12,...

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Customs – Seeks to continue anti-dumping duty on imports of Polytetrafluoroethylene (PTFE) originating in, or exported from, People's Republic of China

Posted: 24 Aug 2011 09:39 PM PDT

Notification No.81 /2011-Customs, Whereas, the designated authority vide notification No. 15/08/2010-DGAD, dated the 26th July 2010, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 26th July 2010, had initiated review...

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CBEC imposes definitive anti-dumping duty on all imports of 1-Phenyl-3-Methyl-5-Pyrazolone, originating in, or exported from China

Posted: 24 Aug 2011 09:35 PM PDT

Notification No.80/2011-Customs in exercise of the powers conferred by sub-section (1) read with sub-section (5) of section 9A of the said Customs Tariff Act, 1975 read with rules 18 and 23 of the Customs Tariff (Identification, Assessment and...

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Customs – Amends Notification No. 12/97-Customs (N.T.), dated the 2nd April, 1997

Posted: 24 Aug 2011 09:29 PM PDT

Notification No. 60/2011 - Customs (N.T.) In exercise of the powers conferred by clause (aa) of sub-section (1) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs, hereby makes the following further...

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ICAI awards for excellence in financial reporting – Invitation to Participate in the Competition for the year 2010-11

Posted: 24 Aug 2011 09:26 PM PDT

To recognise and encourage excellence in the preparation and presentation of financial information with the mission of greater accountability and well-informed decision making. Procedure for Participation There is no fee for participation in...

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Insurance – Proposed amendments to IRDA (Investment) Regulations 2008

Posted: 24 Aug 2011 09:25 PM PDT

Date- 25.08.2011 - The Authority after notification of IRDA (Investment) (4th Amendment) Regulations, 2008 and after mandating the minimum requirements in respect of Investment Risk Management Systems & Process and Internal / Concurrent Audit...

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Banking, electronic payments and road ahead

Posted: 24 Aug 2011 09:25 PM PDT

The stage of payment system development in a country to a large extent depends upon the adoption of technology, introduction of new payment instruments and the confidence of the public in using these payment instruments. In India cash still...

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Appointment of Common Adjudicating Authority – Notification No.59/2011- Customs (N.T.)

Posted: 24 Aug 2011 09:25 PM PDT

Notification No.59/2011- Customs (N.T.) In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Joint...

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