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Better Cenvat credit system
Presenting the Budget this year, the finance minister admitted that disbursement of the taxes that go into the export of services had been an irritant for long. He announced a scheme to simplify refunds without voluminous documentation or verification, covering manufacturers, too. The necessary amendments to Rule 5 of the Cenvat Credit Rules (CCR) were issued through notification 18/2012-CE(NT) dated

Rakesh Jhunjhunwala to trim companies in his portfolio

Ace investor Rakesh Jhunjhunwala intends to reduce the number of companies in his portfolio to a third over the next two or three years, to reduce risk. “I have decided to trim my portfolio.

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FMC increasingly using special margin rule

In a major hit to agri-centric futures commodity exchanges, the commodity derivatives market regulator, the Forward Markets Commission (FMC), has frequently levied special margins on a number of

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Religion news in brief

CAIRO (AP) — An Egyptian court upheld a conviction against one of the Arab world's most famous comedians, sentencing him to jail for offending Islam in some of his most popular

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Egypt bars Mubarak-era PM from presidential race

Egypt's ruling military has disqualified a former-premier from running in the upcoming presidential elections after approving a law that bans senior officials from the deposed dictator Hosni

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Dispose of mining bids on time: Centre to states

The Union ministry of mines has asked all mineral bearing states, including Odisha for timely disposal of mining applications related to lease (ML), prospecting license (PL) and reconnaissance

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Rule Videos

Indian cricket board rejects W...
Indian cricket board rejects WADA's whereabouts rule

Fm rules `Red Chillies`
Fm rules `Red Chillies`

Jumbo rules!
Jumbo rules!

Sena gets a taste of mob rule
Sena gets a taste of mob rule

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