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Posted on January 31, 2010 with No Comments
Pakistani all-rounder Shahid Afridi was today banned for two Twenty20 Internationals after pleading guilty to a ball-tampering charge during the fifth and final ODI against Australia in Perth. Read More »
Category: Sports
Posted on January 31, 2010 with No Comments
In the third quarter review of monetary policy for the year 2009-10 released on 29th January 2010, where consensus expectation was a 0.50% increase in Cash Reserve Ratio (CRR), RBI surprised the markets a tad by hiking the CRR by 0.75%. However it left the reverse repo and repo rates unchanged at 3.25% and 4.75% respectively in line with consensus expectations. The hike in CRR implies that banks would have to place an additional Rs. 36,000 crores with the central bank. These steps give momentum to RBI’s tightening of monetary policy and both the policy document and post-policy comments by the Governor emphasized the point. In tune with its signals the central bank also reiterated its intention to:
Category: Business & Economy
Posted on January 28, 2010 with No Comments
A new provision relating to tax deduction at source (TDS)
under the Income Tax Act 1961 will become applicable with effect
from 1 April 2010. Tax at higher of the prescribed rate or 20% will
be deducted on all transactions liable to TDS, where the Permanent
Account Number (PAN) of the deductee is not available. The law
will also apply to all non-residents in respect of payments /
remittances liable to TDS. Read More »
Category: Business & Economy
Posted on January 28, 2010 with No Comments
Central Board of Direct Taxes has decided to extend the time limit for filing ITR-V form relating to income-tax returns filed electronically (without digital signature) on or after 1st April 2009, up to 31st March 2010 or within a period of 120 days from
the date of uploading of the electronic return data, whichever is later. The ITR-V
form should continue to be sent by ordinary post to Post Bag No.1, Electronic City
Post Office, Bengaluru – 560100 (Karnataka). Read More »
Category: Business & Economy
Posted on January 24, 2010 with No Comments
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Category: Business & Economy
Posted on January 14, 2010 with No Comments
The millennium’s longest annular solar eclipse starts today in India, around 11 a.m. and end around 3.15 p.m. The eclipse will first be seen in the south of Kanyakumari in Tamil Nadu and then move to Rameshwaram and Dhanushkodi. It will also pass through Mizoram in the northeast. Delhi will see a partial solar eclipse. Read More »
Category: News and Media, Society
Posted on January 13, 2010 with No Comments
To the resonating sound of Vedic hymns, conch shells, cymbals and temple bells, the first ’snan’, or holy dip, of the Mahakumbh Mela at Haridwar began in the early hours of Jan 14, the day when India celebrated the Makara Sankranti. Read More »
Category: Society
Posted on January 11, 2010 with No Comments
A payday loan has many names. Some call it a cash advance loan. Some call it a check advance loan. Another name is a post-dated check loan. Payday loans are popular for a number of reasons.
Category: Business & Economy
Posted on January 6, 2010 with No Comments
A massive fog hit the capital, throwing normal life out of gear. The worst affected was the Indira Gandhi International Airport where many flights had to be grounded, triggering a wave of chaos in Delhi and other metros. Read More »
Posted on December 25, 2009 with No Comments
We wish you, and all of the readers of www.indiabook.com, a very Merry Christmas and a Happy New Year.
This Christmas & New Year Spread Love. For The Planet.
Go Green. Go 2010.
Category: Society