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Delhi ITAT: Tax payable on import of all software 30 Oct 2010 | 01:39 am
Tax is payable on import of all software, even if the sale does not involve exercise of copyright, according to a Delhi tax tribunal order in a case relating to Microsoft. While the order, passed on ...
IT raids CWG contractors, 60 locations across India 30 Oct 2010 | 01:39 am
The income tax department raided contractors and firms at 60 locations across India in connection with alleged irregularities in Commonwealth Games (CWG) contracts, an official said. “The raids are b...
RBI expected to raise interest rates for 6th time this year 30 Oct 2010 | 01:18 am
The Reserve Bank of India is expected to raise interest rates for the sixth time this year on Tuesday to battle stubborn inflation that remains well above its comfort zone of 5-6 per cent. Most econo...
State prisons dept likely to use Raju’s expertise in country’s first prison BPO 30 Oct 2010 | 01:17 am
Disgraced Satyam chief B Ramalinga Raju could be ruing his fate after the Supreme Court on Tuesday cancelled his bail but the apex court’s directive has brought a smile on the face of the state prison...
AG: Multi-crore PF scam has shaken faith in judiciary 30 Oct 2010 | 01:14 am
The involvement of as many as 30 judges in the multi-crore provident fund scam has shaken the confidence of people in the judiciary, attorney general G E Vahanvati told the Supreme Court on Thursday w...
Insurance council recommends inclusion of ayurveda, unani & siddha in Health cover 30 Oct 2010 | 01:14 am
A panel formed by the insurance council will probably recommend that domestic healthcare systems such as ayurveda , unani and siddha should be treated on par with allopathy when it comes to medical in...
Govt clarifies the policy on Capital goods transfer in SEZs 30 Oct 2010 | 01:13 am
The government today clarified the policy concerning the transfer of used capital goods into special economic zones (SEZ) from outside of the enclaves, stating that a company can shift the equipment t...
Small investors not ploughing back in stocks 30 Oct 2010 | 01:06 am
After cashing out of the recent stock market rally, investors aren’t ploughing their money into just initial public offerings (IPOs), bonds or real estate. The feel-good factor has prompted many of th...
Company FDs, be cautious on fraud FDs 30 Oct 2010 | 01:04 am
Inflation is in the double-digit territory and bank FDs are, at best, fetching merely 7-8 percent interest per annum. So, the real return from bank deposits is negative, which has led to lot of people...
Ikea proposes India govt to allow 100% FDI in retail to set shop 30 Oct 2010 | 01:03 am
Shishir Bhate, Swedish home furnishing retail giant Ikea, which had put on hold its $1-billion India investment plans in 2009, wants to take a relook at India’s retail growth story if the government a...
