Fwd: TaxGuru : “Ambiguous tax treaties could hit FDI inflows – Ruia” plus 10 more

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From: TaxGuru.in - Daily Tax and Corporate Law Update <info@taxguru.in>
Date: Sun, Jul 3, 2011 at 9:42 AM
Subject: TaxGuru : "Ambiguous tax treaties could hit FDI inflows – Ruia" plus 10 more
To: palashbiswaskl@gmail.com

TaxGuru : "Ambiguous tax treaties could hit FDI inflows – Ruia" plus 10 more

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• Ambiguous tax treaties could hit FDI inflows – Ruia
• FAQs on Companies (Cost Audit Report) Rules, 2011
• FAQs on Companies (Cost Accounting Records) Rules, 2011
• Vodafone pays over USD 400 mn more to buy Essar's 33 per cent stake
• Have powers to go into 2G, profit-sharing in petroleum – CAG
• Housing prices fall by up to 15 Per cent in Jan-Mar 2011
• BSE hopes to kickstart SME exchange Sept onwards
• Sales tax official suspended for taking bribe
• TCS has not received any tax scrutiny notice – Ratan Tata
• Company Law – Amendment in Notification No S.O. 1329(E) dated 8th May,1978 and last amended by S.O. 143(E) dated 14.1.2009
• Special Examination for Members of Institutions with whom ICAI had entered into MRA/MOU

Ambiguous tax treaties could hit FDI inflows – Ruia Posted: 02 Jul 2011 08:46 PM PDT Leading industrialist and Essar Group chairman Shashi Ruia has warned of an adverse impact on FDI inflows in India if its taxation laws with various countries remain 'ambiguous'. The Government (of India) is signing a spate of treaties with other... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

FAQs on Companies (Cost Audit Report) Rules, 2011 Posted: 02 Jul 2011 08:08 PM PDT From which date is Companies (Cost Audit Report) Rules, 2011 effective from? -The Companies (Cost Audit Report) Rules, 2011 have been issued by the Ministry of Corporate Affairs vide Notification no. 430(E) dated 3rd June 2011. Cost Audit Reports... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

FAQs on Companies (Cost Accounting Records) Rules, 2011 Posted: 02 Jul 2011 08:05 PM PDT What is the status of the 44 Cost Accounting Records Rules issued till the date of issue of Companies (Cost Accounting Records) Rules 2011 and what is its applicability? The Companies (Cost Accounting Records) Rules 2011 has superseded 36 cost... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Vodafone pays over USD 400 mn more to buy Essar's 33 per cent stake Posted: 02 Jul 2011 07:45 PM PDT Ending year-long battle, UK-based Vodafone has agreed to pay USD 400 million more to its Indian partner Essar for buying its 33 percent stake in the joint venture Vodafone-Essar. With this, Essar closed the deal to sell its 33 percent stake at USD... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Have powers to go into 2G, profit-sharing in petroleum – CAG Posted: 02 Jul 2011 07:42 PM PDT Facing questions over jurisdiction, Comptroller and Auditor General (CAG) Vinod Rai has said the watchdog has got 'unfettered' powers to conduct 'performance audit' which includes going into issues like 2G spectrum allocation and profit-sharing in... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Housing prices fall by up to 15 Per cent in Jan-Mar 2011 Posted: 02 Jul 2011 07:40 PM PDT Housing prices have declined in eight major cities by up to 15% during January-March period of this year due to a slowdown in property demand, according to the latest data of the National Housing Bank. The prices, however, have increased in six... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

BSE hopes to kickstart SME exchange Sept onwards Posted: 02 Jul 2011 03:47 PM PDT The country's premier bourse Bombay Stock Exchange (BSE) is hopeful of launching its dedicated small-and-medium-enterprises (SME) exchange by September, 2011 onwards, a senior official said on Saturday. "BSE SME platform is expected to be... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Sales tax official suspended for taking bribe Posted: 02 Jul 2011 02:53 PM PDT A sales tax official, who was caught on camera accepting a bribe, was today suspended by Kerala Revenue Minister K M Mani. In a sting operation by a private TV channel, P Santhosh Kumar, intelligence inspector at Vazhikkadavu checkpost in... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

TCS has not received any tax scrutiny notice – Ratan Tata Posted: 02 Jul 2011 05:11 AM PDT IT major TCS's Chairman Ratan Tata today said the company has not received any scrutiny notice from the Income Tax Department for claiming tax benefits on its onshore services. [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Company Law – Amendment in Notification No S.O. 1329(E) dated 8th May,1978 and last amended by S.O. 143(E) dated 14.1.2009 Posted: 01 Jul 2011 10:25 PM PDT In exercise of the powers conferred by sub-section (2) of Section 4A of the Companies Act, 1956 (1 of 1956), the Central Government hereby further makes the amendment in the notification of the Government of India, published in the Gazette of India,... [[ This is a content summary only. Visit www.taxguru.in for full article ]]

Special Examination for Members of Institutions with whom ICAI had entered into MRA/MOU Posted: 01 Jul 2011 09:45 PM PDT Examination Date Sheet for Special Examination for Members of Institutions with whom ICAI had entered into Mutual Recognition Agreement (MRA)/Memorandum of Understanding (MOU) [[ This is a content summary only. Visit www.taxguru.in for full article ]]

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Palash Biswas
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