Finally China Acknowledged the Bubble |Tax Guru 
For so many months all economist and equity and financial research analysts across the world have been trying hard to accentuate the eyes of the world economy that china is building a asset bubble fuelled by excess over capacity. Now fi
d-the-bubble.html
Extension of last date for online submission of form with the office of C&AG | Tax Guru 
Sub: Extension of last date for online submission of form with the office of C&AG We would like to inform that the last date for online submission of form with the O/o C&AG of India for getting empanelled for appointment as auditors of Govern...
e-for-online-submission-of-form-with-the-office-of-cag.
html
SC will examine the plea of Punjab government related to mandatory deposit of 25% of the tax, penalty and interest for filing VAT appeal | Tax Guru 
The Supreme Court has decided to examine the plea of Punjab government pertaining to the provision of its VAT law which according to the government provides no exemption to the assessees from the mandatory deposit of 25% of the tax, penalty and inter...
mine-the-plea-of-punjab-government-related-to-mandatory
-deposit-of-25-of-the-tax-penalty-and-interest-for-fili
ng-vat-appeal.html
12 per cent service tax likely to return | Tax Guru 
The government may take the first step towards fiscal consolidation in Budget 2010-11 by partially rolling back tax cuts given to the industry last year. The service tax rate may be restored to 12 per cent, while excise duty could be increased margin...
ax-likely-to-return.html
Mauritius Vice Prime Minister claimed his country is not a tax haven | Tax Guru 
Dismissing the notion that Mauritius is a tax haven, the island nation’s Vice Prime Minister Ramakrishna Sithanen on Tuesday said he has not received any complaints from India about routing investments via his country to evade taxes. However, Sithane...
inister-claimed-his-country-is-not-a-tax-haven.html
Rajasthan announced VAT exemption on sugar imported in state till 30th June | Tax Guru 
he Rajasthan government has announced VAT exemption on imported sugar in the state till June 30, in a bid to control the spiraling sweetener prices.“The decision to exempt four per cent VAT was taken by Chief Minister Ashok Gehlot following which sug...
ption-on-sugar-imported-in-state-till-30th-june.html
Section 80G of the Income-tax Act, 1961 – Deductions – Donations to certain funds, charitable institutions, etc. – Amendment in Notification No. S.O. 1246(E), dated 29-11-2002 | Tax Guru 
12-1-2010 In exercise of the powers conferred by Explanation 4 to section 80G of the Income-tax Act, 1961(43 of 1961), the Central Government hereby makes the following amendments in the notification of the Government of India, Ministry of Finance, ...
ome-tax-act-1961-deductions-donations-to-certain-funds-
charitable-institutions-etc-amendment-in-notification-n
o-s-o-1246e-dated-29-11-2002.html
Due Date for MVAT audit in form 704 for financial year 2008-09 extended to 31st March 2010 |Tax Guru : Complete Tax Solution 
Notification No. VAT/AMD-1009/IB/ADM-6 dated 21st August 2009. 2. Notification No. VAT/AMD-1009/IB/ADM-6 dated 26th August 2009. 3. Trade Circular No. 27T of 2009 dated 1st October 2009. 4. Representations received from various Trades and Associat...
orm-704-for-financial-year-2008-09-extended-to-31st-mar
ch-2010.html
NBFCs can’t be put under the purview of the Money laundering act: Gujarat high court |Tax Guru : Complete Tax Solution 
An attempt by the state government to regulate non-banking financial companies (NBFCs) operating in the state failed when justice Jayant Patel of the Gujarat high court ruled that NBFCs can’t be put under the purview of the Money laundering act (ML A...
the-purview-of-the-money-laundering-act-gujarat-high-co
urt.html
Custom duty notification amending Notification No.152/2009-Customs, dated the 31st December, 2009 |Tax Guru : Complete Tax Solution 
Notification No. 04 / 2010 – Customs, New Delhi, dated the 15th January, 2010G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it ...
ion-amending-notification-no-1522009-customs-dated-the-
31st-december-2009.html
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www
www.cag.gov.in
xiv
zone

