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Sep 3 2010
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CURRENT NEWS
Direct Taxes Code (DTC) Bill tabled in the Lok Sabha
(31 Aug 2010)
Supreme Court rules that the Appointments Committee of the Cabinet (ACC) is bound to give reason for not considering the candidate for appointment and promotion
(29 Aug 2010)
Cabinet gave its nod to the Direct Taxes Code (DTC) Bill
(27 Aug 2010)
Rajasthan government not to levy any new tax on the general public for implementing Jaipur Metro Rail project or Bus Rapid Transport System (BRTS) in the state capital.
(13 Aug 2010)
Inconvenience to litigant not sufficient ground for trial transfer: SC
(05 Aug 2010)
SC disapproves Allahabad HC interference in state action of tax recovery
(04 Aug 2010)
India tells international community that it will not tax banks
(31 Jul 2010)
India has not agreed to a ‘one size fits all’ solution in the European Union Plan of taxing banks and has emphasised that such a tax is not appropriate for the country, even though it may be relevant for other countries, such as those from Europe.
Petition seeking scrutiny of BCCI’s 10 years account dismissed
(06 Jul 2010)
The Supreme Court dismissed a petition seeking directions to the Union Government to scrutinise the last ten years account of the Board of Control for Cricket in India (BCCI) to know the total amount of income tax evasion by it and its office bearers.
Fresh draft of Direct Tax Code for public comments evolving consensus on GST: Finance Minister
(16 Jun 2010)
Finance Minister Pranab Mukherjee said a fresh draft on the Direct Tax Code (DTC) would soon be circulated for receiving comments from the public once again and stated that he was involved in a vigorous exercise to achieve a consensus on the Goods and Services Tax (GST).
Hungary: Government to impose new tax on bank sector
(09 Jun 2010)
Hungary plans to impose a new tax on the banking sector and financial institutions, which would increase the sectors payments into the state budget to 200 billion forints ($1 billion) this year, Prime Minister Viktor Orban told Parliament.
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