Telecom Commission approves high base price of Rs 11,485 cr per Mhz for 700-Mhz frequency; no decision taken on proposed standard spectrum usage charges of 4.5%
Auditors have to be compulsorily changed by a company at the end of two five-year terms, say the new rules.
Penalties for undisclosed foreign income and assets extend up to 300%.
This taxation applies to all types of transfer of property.
The rules will affect Indian companies that take most decisions about their foreign subsidiaries.
Lenders are not enthused because, as brokers, their responsibility towards policyholders will be higher than corporate agents.
I-T dept investigating black money angle; FM hints against bailout for bourse's investors.
South Mumbai's Bhendi Bazaar is all set for a much-needed transformation.
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