ICAI Announced – e-Learning course on Transfer Pricing |Tax Guru : Complete Tax Solution
International taxation is hence assuming increasing importance, wherein the spectrum of transfer pricing is a major component. The Finance Act, 2001 has introduced Sections 92 to 92F in the Income-Tax Act, 1961 with effect from Assessment Year 2002-2003...

Increase in Registration Fees is unconstitutional and without any reasons |Tax Guru : Complete Tax Solution
As per section 17 of the Indian Registration Act, 1908 any documents related to immovable property exceeding worth Rs.100/- needs to be compulsorily registered. This being a central Act and is being implemented by the state government as per the special...

Oprah plans to end run as "New Moon" shines
Eleventh Hour is here to catch you up on some news catching our eye. In this blogisode, we will address Oprah ending her run, a six-pack t-shirt, Santa's secret helpers and an underground movie titled "New Moon" looks to find an audience. ...

Section 25 Companies, Charitable Trust, NGO, Societies under the purview of Prevention of Money Laundering Act (PMLA) 2002 |Tax Guru : Complete Tax Solution
Move part of global commitment to account for all finance flows. Charitable trusts, whether temples, churches or mosques, non-government organisations (NGOs), educational institutions or societies, if registered as non-profit organisations (NPOs), will...

Insurance Law Amendment Bill and Banking Regulation Amendment Bill unlikely to taken up in the winter session of Parliament |Tax Guru : Complete Tax Solution
Major financial sector bills such as the Insurance Law Amendment Bill seeking to increase the FDI cap in private insurance firms and the Banking Regulation Amendment Bill to raise the voting rights of foreign entities in private sector banks are unlikely...

Credit Card Legislation Too Late To Help Many Consumers
Why the Credit CARD Act of 2009 will not come in time to help consumers see lower interest rates. Banks continue practice of raising interest rates and fees.