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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
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 | |
- Salient features of DTAA between Taipei Economic and Cultural Center in New Delhi and India-Taipei Association in Taipei and Full text of DTAA
- MCA intoduced new feature to track the Companies in which a person is/was a director
- New ITR- 1 (Sahaj) for the F.Y. 2010-11 or A.Y. 2011-12 with Auto tax Calculation and Acknowledgement
- Income Tax department unearths tax evasion of Rs 18 crore in its surveys in small districts
- Replacement of the Companies Act is likely to help in checking frauds committed by companies against investors
- State-wise number of foreign companies operating in India
- Whether the Companies Act, 1956 has prescribed any ceiling on the remuneration of chief executive officers (CEOs) of companies?
- Prosecution initiated by Govt on errant companies which violated the Companies Act, 1956 during last three years
- Government proposes to give more powers to the Serious Fraud Investigation Office (SFIO)
- 87 companies still vanishing
- Procedure for regulating refund of excess amount of TDS deducted and/or paid – Modification of Circular No. 2/2011, dated 27-4-2011
- ICSI Delares Ressults for the Company Secretaries Examinations Held in June, 2011- Check Result and List of Toppers
- RBI Committee to re-examine the existing classification and suggest revised guidelines with regard to priority sector lending classification and related issues
- RBI releases Annual Report for 2010-11
- Customs – Seeks to continue anti-dumping duty on imports of Polytetrafluoroethylene (PTFE) originating in, or exported from, People's Republic of China
- CBEC imposes definitive anti-dumping duty on all imports of 1-Phenyl-3-Methyl-5-Pyrazolone, originating in, or exported from China
- Customs – Amends Notification No. 12/97-Customs (N.T.), dated the 2nd April, 1997
- ICAI awards for excellence in financial reporting – Invitation to Participate in the Competition for the year 2010-11
- Insurance – Proposed amendments to IRDA (Investment) Regulations 2008
- Banking, electronic payments and road ahead
- Appointment of Common Adjudicating Authority – Notification No.59/2011- Customs (N.T.)
| 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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| 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 [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| 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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| 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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| 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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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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,... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| 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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| 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 -... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| 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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| 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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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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,... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| 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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| 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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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| 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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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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... [[ This is a content summary only. Visit www.taxguru.in for full article ]]
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Palash Biswas
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