Archive for the ‘bill’ tag

Emirates NBD launches e-payment facility for Riyadh

Becomes first UAE-based bank to offer such a bill payment service

MAT on SEZs might dampen IT industry

IT firms today said the proposal of the Direct taxes Code (DTC) bill to impose 20 per cent Minimum Alternate Tax (MAT) might prove to be “a dampener for the sector”, especially if extended to special economic zones (SEZ).

ET Now: Cabinet approves Direct Tax Code bill

ET Now: Cabinet approves Direct Tax Code bill

California turns down ban on plastic bags

California lawmakers have rejected a bill seeking to ban plastic shopping bags after a contentious debate over whether the state was going too far in trying to regulate personal choice.

‘Withdrawing bill a tactical retreat’

A day after HRD minister Kapil Sibal was forced to defer a key bill on education tribunals in Rajya Sabha, govt managers vehemently fended off the charge that poor floor coordination was a reason for UPA-2 losing face dramatically in the House.

Govt holding talks with TC on land acquisition bill

With the Land Acquisition Bill being one of its key priorities, the government has initiated talks with its coalition partner Trinamool Congress which has reservations over certain provisions of the proposed law.

‘Flawed’ liability bill threatens Indo-US nuclear deal, says expert

An eminent American expert on South Asian affairs has said the US policy makers and industrial leaders have been taken off guard by the Bill and it threatens to cast a pall over the historic Indo-US civilian nuclear deal.

‘Flawed’ liability bill threatens Indo-US nuclear deal: Expert

An eminent American expert on South Asian affairs has said the US policy makers and industrial leaders have been taken off guard by the Bill and it threatens to cast a pall over the historic Indo-US civilian nuclear deal.

Power bills may not be hiked for 5 years

A major component of a user’s electricity bill will soon remain constant for a five-year lock-in period if a proposal put forth by the Maharashtra Electricity Regulatory Commission (MERC) gets the go-ahead.

September 1: Royal Spoonbill

The Royal Spoonbill is a species of spoonbill found through much of the Australasia region. It lives in wetlands and feeds on crustaceans, fish, amphibians and small insects by sweeping its spoon-shaped bill from side to side through water. Photo: Fir0002 Archive – More featured pictures…

MONEY MARKETS-U.S. bill rates edge up, demand still solid

[at Reuters] – * Bidding at U.S. one-month bill sale weakest since July * Overall T-bill demand still firm on safe-haven bids * Euro Libor at standstill while dollar Libor falls

Parliament passes MPs’ salary hike bill

Parliament on Tuesday passed the much talked about bill to hike salaries of MPs by over three times from Rs 16,000 to Rs 50,000 and doubling two of their key allowances to Rs 40,000 each with the Rajya Sabha approving the measure.

Kapil Sibal under attack from Cong MPs on education tribunal bill

HRD Minister Kapil Sibal today came under attack from his own party colleague for “hurrying up” with the Education Tribunal Bill against which the Standing Committee of his ministry had come out with a scathing report.

ELSS loses sheen

The Direct Taxes Code bill not only allows tax payers to claim a deduction of R1 lakh under Section 80C by investing in approved funds but also allows deduction of an additional amount of R50,000 for payments made towards life insurance, health insurance and children’s education. HT reports.

Absence of CSC compliant liability may preclude private sector

As India passed the nuclear liability bill, corporate America cautioned New Delhi that in the absence of an effective International Atomic Energy Agency’s Convention on Supplementary Compensation (CSC) compliant liability regime could preclude private sector involvement.

MONEY MARKETS-Dollar rates slip, record U.S. 3M bill bids

[at Reuters] – * Dollar rates fall further after Fed s Bernanke speech * Record bidding at U.S. 3-month bill auction * No dollar, sterling Libor due to U.K. bank holiday

Mulayam, Lalu kill Enemy Property Bill

The government on Monday withdrew the contentious Enemy Property (Amendment and Validation) Bill 2010, following stiff resistance from Samajwadi Party’s Mulayam Singh Yadav and RJD’s Lalu Prasad. A new bill would be brought, Home Minister P. Chidambaram told Parliament.

DTC may make tax payers richer by up to Rs 41,040 annually

People earning more than Rs 10 lakh a year may save up to Rs 41,040 in income tax, if slabs proposed by the Direct Taxes Code bill come into effect, experts said.

DTC bill tabled in LS; proposes exemption limit of Rs 2 Lakh

The Government on Monday tabled the much-awaited Direct Taxes Code bill (DTC) in the Lok Sabha which proposed to raise the exemption limit on income tax from the current Rs 1.6 lakh to Rs two lakh.

Govt to table DTC bill tomorrow

The govt will table the Direct Taxes Code bill in the Lok Sabha tomorrow, that is expected to provide relief to income tax payers, both personal and corporate, though not as much as was proposed earlier in the draft.

Uproar in Lok Sabha over Enemy Property Bill

Samajwadi Party and RJD on Monday created uproar in the Lok Sabha opposing a bill to amend a law governing properties left behind by those who went to Pakistan during partition.

BJP supports nuclear liability bill in Rajya Sabha

Extending support to the Civil Nuclear Liability Bill, BJP today asked the Govt not to be carried away by “phoney campaign” that no global supplier would be coming to India with the proposed law fixing the suppliers’ liability in the event of the nuclear mishap.

N-Bill moved in Rajya Sabha

State for Science and Technology Prithviraj Chavan moved the civil nuclear liability bill in the Rajya Sabha on Monday after the Lok Sabha passed the legislation last week.

Gowda pins hopes on guv on cow bill

Former Prime Minister H D Deve Gowda on Sunday expressed confidence that governor H R Bhardwaj will take an appropriate decision with regard to the controversial cow slaughter bill and uphold the Constitution.

Probe against nursing home

Burdwan DM Onkar Singh Meena directed the assistant chief medical officer of health of Asansol, Dr Arita Sen, to conduct a probe into allegations against Spandan Nursing Home that it refused to release the body of a three-day-old baby demanding full payment of the bill.

Direct Taxes Code bill to be tabled in Parliament on Monday

The finance minister, Mr Pranab Mukherjee, is likely to introduce the Direct Taxes Code (DTC) Bill in Parliament on Monday.

The Bill has proposed to raise the basic exemption limit to Rs two lakh per annum from Rs 1.6 lakh per annum.

It has also proposed to fix corporate income tax rate at 30 per cent inclusive of surcharges and cesses – down from the current 33 per cent.

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Calls to hike allowances, salaries

KUWAIT CITY, Aug 29:  Proponents of a draft bill on increasing the children allowance from KD 50 to KD 100 are still hoping for its approval in the next legislative round in spite of the government’s decision to reject this proposal, reports Al-Anba…

Land bill consensus will be poll boon for Didi

If the Congress and Mamata Banerjee manage to iron out their differences over the land acquisition bill, the government will be able to move on the landmark legislations (the other being the relief and rehabilitation bill) while Mamata would be pleased they do not hold a negative fallout for the West Bengal elections.

Mudhi vows draft bill to boost financial state of teachers: KTS

KUWAIT CITY, Aug 28: The Chairperson of Kuwait Teachers Society (KTS) Ayed Al-Sahli recently announced the Minister of Education and Higher Education Dr Mudhi Al-Humoud has promised to submit a proposal to the Cabinet to enhance the financial state …

LS passes Bill for MPs’ salary hike

The much talked about bill to hike salaries of MPs by over three times from Rs 16,000 to Rs 50,000 and doubling two of their key allowances to Rs 40,000 each was passed in Lok Sabha on Friday.

During the debate on the Salary, Allowance and Pension of Members of Parliament (Amendment) Bill, 2010, a strong demand was made for setting up an independent body to decide on their future pay.

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Emirates NBD Becomes First Overseas Bank To Introduce Electronic Payment For Government Services

Emirates NBD, a leading bank in the region, has today joined the ranks of major Saudi banks, by becoming the first overseas bank to offer customers the electronic bill payment system or SADAD. [Wired by: DubaiCityGuide.com - A Cyber Gear Company]

Enemy property bill: BJP won’t back present form (Rediff)

Government’s efforts to take Bharatiya Janata Party onboard on the controversial Enemy Property (Amendment and Validation) Bill did not bear fruit with the principal opposition making it clear it would support the legislation only if the ordinance on the issue was made into an act.

Cabinet approves direct tax bill – minister (Reuters)

NEW DELHI (Reuters) – Cabinet on Thursday approved a bill to simplify the country’s archaic direct tax laws, law minister Veerappa Moily said.

Nuke bill’s success will depend on legal hair-splitting

India’s nuclear energy future lies in the hands of corporate lawyers. Nuclear industry, both overseas and at home, are assessing how difficult the Civil Liability for Nuclear Damages Bill will make it for nuclear suppliers to do business in India, reoprt Pramit Pal Chaudhuri and Anirudh Bhattacharyya.

Manmohan emerges stronger after passage of N-bill: US media

The Prime Minister, Dr Manmohan Singh, has emerged politically stronger after the passage of the Nuclear Liability Bill which will enable US companies to compete with state-run European rivals for the whopping $100 billion Indian investment in the nuclear energy sector.

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Tax officials keep ‘Crocodile Dundee’ in Australia

SYDNEY (AP) — Actor Paul Hogan, star of the “Crocodile Dundee” movie trilogy, has been barred from leaving Australia until he pays a disputed tax bill, his lawyer said on Thursday.
The 70-year-old actor, who currently lives in Los Angeles an…

Pass N-liability bill unanimously, PM asks parliament

The contentious Nuclear Liability Bill was passed by the Lok Sabha today after the government accepted the Opposition’s demand for some changes in the draft.

N-liability bill taken up in LS; controversial word dropped

Minister of state in the PMO Prithviraj Chavan tabled an amendment to Clause 17(B) which now does not have the word “intent” with regard to suppliers or their employees in causing an accident in a nuclear plant.

N-liability bill not to please any particular country: Chavan

The Civil Nuclear Liability Bill was not aimed at pleasing any “particular” country but at developing a mechanism for “prompt” compensation for victims of a nuclear accident, minister of state for sci

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Centre drops ‘intent’, makes 18 changes in nuke bill

New Delhi, Aug. 25: The government on Wednesday dropped a controversial amendment to a contentious clause on the liability of suppliers in case of accident in the civil nuclear damages bill, virtually adopting an amendment moved by the Opposition BJP in a bid to evolve a consensus on the measure.

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