Govt extends ban on hoarding onion beyond ceiling by 1 year

Last Updated: Wednesday, July 1, 2015, 14:31

To curb the rise in onion prices, government on Wednesday extended by one year the ban on hoarding the kitchen staple beyond the prescribed limit.

Thailand an important pillar of India's Act East policy: Sushma

Last Updated: Sunday, June 28, 2015, 13:24

External Affairs Minister Sushma Swaraj on Sunday said that Thailand is an important pillar of India`s Act East policy and a valued partner.

No taxman can terrorise assesses of scrutiny: CBDT chief

Last Updated: Wednesday, June 24, 2015, 15:54

Seeking to allay concerns of taxpayers, CBDT has asked them not to get terrorised by threats of their cases being wilfully chosen for "scrutiny" by the taxman as the procedure is fully electronic and devoid of any human intervention.

Finance Ministry reduces penalty for customs duty fraud by 10%

Last Updated: Tuesday, June 23, 2015, 15:02

The penalty in cases of customs duty fraud has been reduced by 10 percent by the Finance Ministry.

ED attaches properties of Gems Cables and Conductors

Last Updated: Friday, June 19, 2015, 19:51

"During investigation under PMLA, proceeds of the crime were identified in the form of movable and immovable properties. Totally, three immovable properties of value of around Rs 6.03 crore and one movable property of value of Rs 4.43 crore held by M/s Gem Cables and Conductors were attached," the release stated.

ITC to remove "no added MSG" disclaimer from 'Yippee' noodles

Last Updated: Tuesday, June 16, 2015, 17:19

According to the company, under the Food Safety Standards Act, if a manufacturer adds MSG (Monosodium glutamate) in its product, then only the quantum of MSG has to be declared.

Competition Commission rejects complaint against Dell India

Last Updated: Sunday, June 14, 2015, 13:01

With regard to alleged abuse of dominance, the watchdog said the company is not in a dominant position in the relevant market.

Corporate Affairs Ministry issues revised e-forms for cost audit

Last Updated: Friday, June 12, 2015, 21:21

The new e-forms -- CRA-2 and CRA-4 -- have been notified by the Corporate Affairs Ministry for compliance under the new Companies Act.

Govt to bring in Ordinance to amend Negotiable Instruments Act

Last Updated: Wednesday, June 10, 2015, 14:52

The Cabinet on Wednesday decided to bring in an ordinance to amend the Negotiable Instruments Act, which provides for filing of cheque bounce cases in place where the cheque was issued, a move that will benefit 18 lakh people.

Companies Act exemptions to help private cos run smoothly: ICAI

Last Updated: Tuesday, June 9, 2015, 17:52

Chartered accountants' apex body ICAI Tuesday said latest exemptions provided under the companies law would help private companies run their business smoothly.

Government further relaxes norms for companies

Last Updated: Sunday, June 7, 2015, 19:00

Relaxing the norms for the four categories of companies, the Corporate Affairs Ministry has come out with four separate notifications issued on June 5.

Switzerland plans stringent norms to fight black money menace

Last Updated: Sunday, June 7, 2015, 18:50

The new Federal Act on the International Automatic Exchange of Information in Tax Matters (AEOI Act) contains provisions on the organisation, the procedure, the judicial channels and the applicable criminal provisions.