Sometimes you may have a complaint against a listed company/ intermediary registered with SEBI. Now, you can lodge all your complaints related to issue and transfer of securities and non-payment of dividend with listed companies with SEBI. The Securities Exchange Board of India (SEBI) has launched a centralized web based complaints redress system (SCORES) to […]
The IT industry billing model is being challenged by a former Infosys Ltd executive Mr. Phaneesh Murthy, by charging for results instead of basing fees on the time and labour put in by the huge staff working for India’s big firms. According to him, Outcomes-based billing, which is growing as a share of revenue all […]
The Annual Financial Statement has a lot of jargons which is very difficult for a layman to understand. The Annual Budget, which is a 16 page document, provides all the details regarding the total receipts and expenditure of the government. Consolidated fund, Public Account and Contingency fund are the three parts in which the Annual […]
As Mr. P. Chidambaram, the Finance Minister, is all set to present the budget speech for2013, one can just hope that no more unusual taxes are introduced by him this year. There is a list of many unusual taxes (distinct from tax on plain vanilla income) which were introduced in the past. One such tax […]
Unlike last year, this year the Union Budget 2013 – 2014 is on schedule and is expected to be announced on 28th February 2013 and will start from 11AM onwards. We have already told you about the most expected dates for this year’s Union Budget Session. If you won’t have an access to a television […]
The Railway Ministry has proposed to launch 100 new trains in the coming Railway Budget 2013-2014 including AC double deckers, new passenger services, as well as extension of services to meet the requirements and needs of the various states. According to reports, the announcement for the manufacturing of 4200 new coaches including 600 LHB coaches […]
Quality snacks and delicacies will now be made available to the passengers travelling on Delhi Metro. The mini-ratna company under Ministry of Railways in collaboration with the Delhi metro is all set to open its food stall ‘Food Track’ at 130 Metro Stations. The kiosks will get opened up in a phased manner starting with […]
McAfee Software has put forward a list of four key expectations from Union Budget 2013 – 2014 in India: There is a need for a clear-cut understanding around treating software as goods (subject to VAT) or as service (and subject to service tax). Minimum Alternate Tax levied on SEZs that severely affecting foreign investments in […]
