Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: empanelment :: VAT RATES :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: ACCOUNTING STANDARDS :: form 3cd :: due date for vat payment :: VAT Audit :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
 
 
« News Headlines »
 Make your inventory and invoicing software GST Ready from Binarysoft
 Filing income-tax returns gets simpler for salaried persons
 Ten rules you must follow while filing income tax returns
 Reforming the income tax tribunal
 How the new system might impact consumers and businesses
 10 ways you get benefited from filing your tax return
 Returns under CGST Act,2017 with Rules
 Ten facts to know about filing income tax return this year
 The Ten Commandments of Tax Filing
 How to claim income tax refund
 How to time your buys to have best of two tax regimes

Limited Liability Bill to be replaced
May, 02nd 2008
The Cabinet on Thursday gave its nod for introduction of a Limited Liability Partnership Bill, 2008 in Parliament by replacing the Limited Liability Partnership Bill, 2006. The proposed Bill would facilitate creation of another corporate structure which would further enable growth of the economy, the Finance Minister, Mr P Chidambaram, told newspersons after the Cabinet meeting.

The LLP structure is aimed at giving a boost to small and medium enterprises (SMEs) and services sector firms. It would also help Indian professionals who are providing accountancy and legal services globally, encourage entrepreneurship and take advantage of emerging opportunities in science and technology.

The Corporate Affairs Ministry had obtained Cabinet nod in December 2006 for the LLP Bill of 2006 and introduced it in Rajya Sabha on December 15, 2006. It was later referred to the Department-related Parliamentary Standing Committee on Finance for examination and report. The committee submitted its report to both the Houses on November 27, 2006 recommending some changes along with some suggestions.

Indian Institute of Corporate Affairs: The Cabinet also gave its approval for establishment of Indian Institute of Corporate Affairs with an outlay of Rs 211 crore in the Eleventh Plan. The institute would provide a think-tank, capacity building and service delivery support in various initiatives being undertaken by the Ministry of Corporate Affairs.

Amendment to Employees State Insurance Act: The Cabinet gave its nod to amend the Employees State Insurance Act, 1948. The Bill will be introduced in Parliament during the Budget session. The amendment to the Act will not only result in optimum utilisation of the existing infrastructure but will also augment funds of the ESI Corporation. This will also help in implementing other schemes for workforce in different sectors in addition to the beneficiaries covered under the present ESI scheme.

Indias membership of IOM: The Cabinet gave its approval to obtain full membership of International Organisation for Migration (IOM). Indias membership of IOM will enable it to engage more actively with this inter-governmental organisation dealing with the issue of migration in areas of interest, particularly those relating to improving conditions for Indian workers abroad.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
SEO Company Search Engine Optimization Company US SEO Local SEO Company Website SEO Company Alabama SEO Company Alaska SEO Company Arizona SEO Company Arkansas SEO Company California SEO Company Colorado SEO Company Connecticut SEO Company Delawa

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions