TaxGuru.in : Legal & Tax Updates 30.12.2010

TaxGuru.in : Legal & Tax Updates Complete Your KYC Formalities Before Jan 1 2011 Posted: 29 Dec 2010 12:58 AM PST Know-Your-Customer or KYC norms will be mandatory for all mutual fund investors irrespective of the amount you invest after January 1 2011 KYC-Compliance CDSL Ventures CVL a wholly-owned subsidiary of Central Depositor [[ This is a content summary only. Visit www.taxguru.in for full article ]] CVC Seeks Report From MCD On 30 Graft Complaints Posted: 29 Dec 2010 12:51 AM PST The Central Vigilance Commission has directed the Municipal Corporation of Delhi to investigate and report its findings on a total of 30 complaints of alleged corruption nbsp Besides it has imposed major penalty against 138 officia [[ This is a content summary only. Visit www.taxguru.in for full article ]] HUFs Can Not Continue PPF After 15 Years Posted: 29 Dec 2010 12:49 AM PST Hindu undivided families HUFs will now have to mandatorily exit from the public provident fund PPF on completion of 15 years The move is aimed at checking misuse as several people were investing in PPF to earn 8 tax-free retur [[ This is a content summary only. Visit www.taxguru.in for full article ]] Work For GST Not Against It Posted: 29 Dec 2010 12:25 AM PST The government s move to offer fresh excise duty exemptions to companies already enjoying a tax holiday in Himachal Pradesh and Uttarakhand is blatantly wrong It does damage to the goal of having a harmonised goods and services t [[ This is a content summary only. Visit www.taxguru.in for full article ]] TRAI Likely To Postpone Implementation Of Norms For Unsolicited Calls Posted: 29 Dec 2010 12:12 AM PST Lack of preparedness on the part of mobile operators may force the Telecom Regulatory Authority of India TRAI to extend its January 1 2011 deadline to begin its crackdown against telemarketing companies for making unsolicited cal [[ This is a content summary only. Visit www.taxguru.in for full article ]] Income Tax Department Notice To Satyam To Get Accounts For Years 2002 03 And 2007 08 Audited Posted: 29 Dec 2010 12:09 AM PST Satyam Computer Services Ltd said Tuesday it has received a letter from India s tax department requesting it to get its accounts audited for the tax assessment years of 2002-2003 and 2007-2008 nbsp No further details were provided [[ This is a content summary only. Visit www.taxguru.in for full article ]] Monetary And Credit Information Review Posted: 29 Dec 2010 12:04 AM PST Volume VII Issue 6 December 2010 nbsp MONETARY AND CREDIT INFORMATION REVIEW nbsp Important Banking and Financial Developments in 2010 nbsp January nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp [[ This is a content summary only. Visit www.taxguru.in for full article ]] MVAT- Notification For Mandatory E-filing Of PTRC Monthly Return Posted: 29 Dec 2010 12:55 AM PST COMMISSIONER OF PROFESSIONS TAX MAHARASHTRA STATE Vikrikar Bhavan Mazgaon Mumbai 400 010 dated the 26th November 2010 NOTIFICATION THE MAHARASHTRA STATE TAX ON PROFESSIONS TRADES CALLINGS AND EMPLOYMENTS ACT 1975 No VAT AMD- [[ This is a content summary only. Visit www.taxguru.in for full article ]] Special Economic Zones Sixth Amendment Rules 2010 - Amendment In Form C Posted: 28 Dec 2010 10:53 PM PST NOTIFICATION NO G S R 982 E DATED 16-12-2010 nbsp In exercise of the powers conferred by section 55 of the Special Economic Zone Act 2005 28 of 2005 the Central Government hereby makes the following rules further to amen [[ This is a content summary only. Visit www.taxguru.in for full article ]]