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The Insurance Regulatory and Development Authority (Irda) has issued disclosure norms for insurance companies, mandating them to publish accounts on a half-yearly basis. The disclosure norms are seen as a precursor to allowing insurance companies to ..
THE RIGHT to Information Act, 2005 has changed the relationship of the people with the Indian state.The last three years have seen the Indian citizen knocking at the offices of the President, the PrimeMinister, the police and state administrations, a ..
1IN THE SUPREME COURT OF INDIACRIMINAL ORIGINAL JURISDICTIONCRIMINAL CONTEMPT PETITION NO. 10 OF 2009INI.A. NO. 1374, 1474, 2134 OF 2007INWRIT PETITION (c) NO. 202 OF 1995IN THE MATTER OF:AMICUS CURIAE PETITIONERVERSUSPRASHANT BHUSHAN & A ..
The Big Four – KPMG, Deloitte, Ernst and Young and PricewaterhouseCoopers – are in a fray for snapping up the consultant’s job for the Unique Identification Authority of India’s UID project. These four have cleared the first t ..
On January 26, in one of those nice moves that we encounter on Independence and Republic Days, the Government launched a programme to release about 2,00,000 undertrials from jails across the country. Two lakh undertrials, you gasp? Actually, we have ..
The first week of every New Year is observed as the 'road safety week' throughout the country. The traffic police launches campaigns to sensitise people and make them obey the traffic rules. However, any semblance of civilised driving disappears soon ..
The deterioration in the overall asset quality of banks — gross non-performing assets (NPAs) are reportedly 27% higher at the end of December 2009 than at the end of December 2008 — is not surprising. Any slowdown in growth is bound to tr ..
In order to make exports of services from India internationally competitive, the Government of India has zero rated such exports. Consequently, the services exporting community is entitled to obtain refunds of input tax credits or utilise such credit ..
The Central Board of Direct Taxes (CBDT) is in a fix over the application of one safe harbour rate to all sectors. A committee, formed last month to frame safe harbour rules as announced in the 2009-10 Budget to minimise transfer pricing disputes, ha ..
To prevent misuse of class action suits, the new Companies Act may specify a minimum number of shareholders or creditors of companies for exercising the right to file such cases, the Corporate Affairs Minister, Mr Salman Khurshid, has said. This is a ..
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