Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Tally On Cloud Tally on Cloud: Ready for the Daily Backup Requirement
Keep your Tally books accessible from anywhere while supporting your Rule 46(8) obligations. With daily backups configured on servers physically located in India, Tally on Cloud helps you maintain the backup arrangement required for electronic books of account under the Income-tax Rules, 2026. Move your Tally to the cloud with confidence.
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.
 Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief
 ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know
 Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose
 CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27
 CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details
 Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window
 Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do
 Tax audit deadline September 30: Common mistakes taxpayers should avoid
 Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck
 Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money

Government to put Satyam case on fast track
May, 30th 2009

The Satyam fraud case is top priority of the government, and the investigating agency, the Serious Fraud Investigation Office (SFIO), has been asked to put the prosecution on fast track, Minister of State for Corporate Affairs (independent charge) Salman Khurshid said here Friday.

"The case is required to be put on the fast track so that the guilty can be punished quickly," Khurshid said after taking charge.

"SFIO has completed the investigation in the case and the ministry has asked it to chalk out a strategy for prosecution in coordination with the CBI (Central Bureau of Investigation)," he added.

SFIO has already submitted a 14,000-page report on the Satyam case to the ministry of corporate affairs.

IT giant Satyam Computer Services' founder Ramalinga Raju quit as chairman Jan 7 this year after confessing he cooked the company's account books and inflated profits over the past several years.

According to Khursheed, the next priority of the ministry would be to reintroduce the Companies Bill, 2008, which was introduced in the last Lok Sabha and has lapsed.

"The government's focus will be on the protection of interest of average investors, particularly small investors, and ensure that nothing goes wrong, in addition to bringing in more transparency for boosting public confidence," the minister said.

A number of issues related to the corporate governance framework, including the role of directors and the role of auditors, also need to be examined carefully, Khurshid added.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2026 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting