Ministry of Finance approved 12 FDI Proposals worth 1046 crore |Tax Guru 
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on February 12, 2010, Government has approved 12 Proposals of Foreign Direct Investment amounting to Rs. 1045.611 Crore approximately.
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Finance Ministry to review loan recovery practices and undervaluation of mortgaged properties during auctions |Tax Guru : Complete Tax Solution
Undervaluation of properties under one-time settlement auctions.Taking serious note of alleged irregularities in the one-time settlement (OTS) schemes for recovery of non-performing loans of public sector banks and “undervaluation” of mortgaged prope...
w-loan-recovery-practices-and-undervaluation-of-mortgag
ed-properties-during-auctions.html
Government may introduce DTC in the forthcoming budget session |Tax Guru : Complete Tax Solution
The government looks all set to introduce the new Direct Taxes Code in the forthcoming budget session , a government official said. Finance minister Pranab Mukherjee met Prime Minister Manmohan Singh on Tuesday to discuss the contours of the new code...
troduce-dtc-in-the-forthcoming-budget-session.html
New tax code to stop treaty shopping » |Tax Guru
The government may introduce provisions in the new direct tax code to prevent misuse of double taxation avoidance agreements India has with other countries. The new code is likely to be unveiled before the year ends. A government official said a disc...
reaty-shopping.html
COMPANY LAW UNDER SLOWDOWN SPECTER » |Tax Guru
economic meltdown may bring in a major change in the final layout of the new company law, which is now being considered by a Parliamentary Standing Committee. The Companies Bill 2008, which aimed to reduce government intervention in Internal affairs ...
wdown-specter.html
WHILE ANNOUNCING THE MEASURES FOR STIMULATING THE ECONOMY, CENTRAL GOVERNMENT FAILED TO DO JUSTICE WITH THE SERVICE PROVIDERS » |Tax Guru
December 7, 2008 It is strange that while reducing peak rate of excise duty from 14% to 10%, central government did not reduce the peak rate of service tax from 12% to 10% or 8%.
ures-for-stimulating-the-economy-central-government-fai
led-to-do-justice-with-the-service-providers.html
COMPANY DISPUTES MAY SOON BE SETTLED OUT OF COURT » |Tax Guru
In a bid to check the rise in court cases against corporate houses for company law violations, the government is set to give more powers to its officials to deal with such offenses out of court. The framework proposed in the new company law envisages...
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Professional tax may raise to Professionals » |Tax Guru
Doctors, lawyers and other professionals —both salaried and self-employed— may now have to pay a higher professional tax. Acceding a long-pending demand of the state governments, the Centre has decided to raise the ceiling on professional tax from ...
o-professionals.html
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