COMPLIANCE

  • India Inc to observe October 10 as 'Compliance' Day October 5, 2014

    Mumbai: India Inc will observe October 10 as the 'compliance day for laws', being organised as a part of the week-long series of deliberations and workshops around the across the country starting from Monday. Scoring anything short on 10 on 10 on compliance would render individual and organisations vulnerable on...
  • FM exhorts service tax defaulters to come clean November 14, 2013

    Asking service tax defaulters to take advantage of the amnesty scheme, Finance Minister P Chidambaram, on Thursday, said the government could not have come out with a better offer for them to come clean. Addressing industry chambers the Minister said the revenue department has so far received 6,409 applications, of which...
  • Govt proposes compliance scheme for service tax defaulters February 28, 2013

    New Delhi: Aiming to "entice" a large number of assessees to return to the tax fold, the government proposed a one-time scheme called 'Voluntary Compliance Encouragement Scheme' for service tax defaulters. A defaulter may avail of the scheme on the condition that he files a truthful declaration of service tax...
  • Norway custody row: High Court order likely today January 10, 2013

    Kolkata: The Calcutta High Court is likely to give its verdict in the Norway custody row on Thursday in which two NRI children are caught between a legal and diplomatic fight. The High court completed its hearing on Wednesday and reserved the order for Thursday. The custody battle over the...
  • Norway custody row: Police to present compliance report January 9, 2013

    Asansol: Asansol Police is set to present a compliance report before the Calcutta High Court on Wednesday on the status of handing over the custody of the children, who are caught between a legal and diplomatic fight with Norway since 2011, to their uncle. On Tuesday, the Child Welfare Committee unit...
  • HSBC compliance chief steps down after probe July 18, 2012

    Washington: The head of compliance at Europe's largest bank resigned from his position and apologised on Tuesday after a Senate investigation found HSBC had lax controls that allowed Mexican drug cartels to launder billions of dollars through its US division. David Bagley told the Senate investigations panel that he will remain...