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Flowing, elaborate, layered and slinky western dresses scored over the India Sari and Salwar Kameez for most Bollywood actors at the green carpet of the International Indian Film Academy (IIFA) awards. While only Aishwarya Rai and Priyanka Chopra among the A classers stuck to the graceful six yard drape, most others like Bipasha Basu, [...]

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Crèche facilities, the sponsorship of an employee sports person, organizing sports events for employees and provision and maintenance of a guest house has been excluded from the ambit of FBT.
Due date for filing of a return of income: the due date of filing is proposed to be advanced to September 30, from the previous October [...]

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Budget 2008-09 proposed that the domestic parent company will be allowed to set off the dividend received from its domestic subsidiary companies against dividend distributed by the parent, provided the dividend received has suffered DDT and the parent company is not a subsidiary of another company.
This proves to be good news for all financial conglomerates [...]

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Budget 2008-09 proposes to introduce a Commodities Transaction Tax (CTT), which will be levied for all transactions carried out in commodities exchanges, whether these transactions are on options or other commodity instruments.

CTT

RATE

PAYABLE BY

Sale of an option in goods/commodity derivative(if not exercised)

0.017% on option premium

Seller

Sale of an option in goods/commodity derivative(if exercised)

0.125% [...]

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It has been more than 5 days and still there is no clue where Mr. Lokanath Mahalingam, the nuclear scientist is? There is a massive manhunt launched to find out any traces by the Intelligence Bureau (IB) which is being helped by the Central Industrial Security Forces (CISF). Along with them the Karnataka Police is [...]

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