28 February 2013
THE BUDGET 2013-14 BY CA A. K. JAIN The Budget of 2013-14 is once again a lackluster exercise in futile. Various amendments proposed in the finance bill do not reflect long term vision. Recessionary forces are destroying all the gains and growth, we had in last few years. Unemployment, price rise, worsening trade deficit and misapplication of available resources are all causing severe damage to the Indian Economy. The country needs financial policies which are stable and drawn with futuristic vi...
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23 February 2013
AN OVERVIEW - COPYRIGHT LAW BY CA A. K. JAIN INTRODUCTION Copyright is a legal term refers to protecting a creator’s work. It is a type of intellectual property that provides exclusive publication, distribution, and usage rights for the creator. This means whatever content is created cannot be used or published by anyone else without the consent of the creator. The length of copyright protection may differ from country to country, but it usually lasts for the life of the author plus 50 to 100 ye...
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9 February 2013
CAG Vinod Rai's Speech at Harvard Kennedy School, USA The text of the speech of Mr. Vinod Rai, The Comptroller and Auditor General (CAG) of India, on "Social Obligation of Public Auditors" delivered at Harvard Kennedy School in the US on 8th February, 2013. I deem it a great privilege to be able to address such a distinguished gathering in such a distinguished school. Privilege - not because I stand in America's most elite university; privilege - not because I stand in front of some of the fines...
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5 February 2013
Global petrochemical and energy giant Shell's Indian arm is gearing up to challenge a recent transfer pricing order by the income tax department order that has alleged underpricing of Rs 15,000 crores by Shell India while issuing shares to it's sole parent Shell Gas BV in March, 2009. ET NOW was the first to report the income tax department order on Jan 31st, 2012. " Shell India will challenge this order strongly and is evaluating all options for redress", the company said in a statement issued...
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