Corporate Law News Govt to block suspect multi-level marketing websites, payments November 8, 2012 / November 8, 2012 by Legal India Admin | Leave a Comment A decision has been taken by the government to crack the whip on fraudulent multi-level marketing companies that have duped hundreds of investors in the country by blocking their websites and tracking their online transactions. In this regard, Corporate Affairs Ministry, the nodal department, has decided that its investigative arm – Serious Fraud Investigation Office (SFIO) – […] Read more » Corporate Affairs Ministry Department of Information and Technology Department of Information Technology and Central Economic Intelligence Bureau finance ministry Financial Intelligence Unit hundreds of investors in the country investigative arm - Serious Fraud Investigation Office marketing websites multi-level marketing multi-level marketing websites nodal department payments registered office within India
Top Law News No amnesty scheme to check black money: Govt August 8, 2012 by Legal India Admin | Leave a Comment On the issue of black money the government today has said that the Income Tax Department has not recommended ‘amnesty scheme’ to deal with the issue of black money. On the question of, if the Central Board of Direct Taxes (CBDT) has recommended “amnesty scheme” on black money on the lines of the US the […] Read more » amnesty scheme to check black money amnesty scheme’ to deal with the issue of black money black money black money inside India black money outside India CBDT CBDT Chairman Central Board of Direct Taxes efforts to bring back black money finance ministry government on black money govt on black money Income-Tax Department No amnesty scheme to check black money scheme to check black money
Tax Law News Personal income tax collection up 10.02 percent in April-May June 13, 2012 by Legal India Admin | Leave a Comment According to the data furnished by the finance ministry, gross direct tax collections increased 3.62 percent to Rs.52,232 crore from Rs.50,407 crore in the corresponding period of 2011-12. The ministry said the net direct tax collection zoomed 172.64 percent during the period under review to Rs.35,323 crore from Rs.12,956 crore in the same period. The […] Read more » finance ministry Personal income tax collection Securities Transaction Tax