Home Highlights March 2012 Year 2012 This

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1. Finance Minister approves the Operational Features of the Rajiv Gandhi Equity Savings Scheme (RGESS).

2. Rajiv Gandhi Equity Savings Scheme, 2012 - In This Scheme shall apply for claiming deduction in the computation of total income of the assessment year relevant to a...

3. Clarification on Interest Rates on Small Savings Schemes.

4. Rates of interest on small savings schemes including Saving Deposits, Public Provident Fund, Kisan Vikas Patra and Sukanya Samriddhi Accounts Scheme

5. Focus Product Scheme - licence was issued against the fake shipping bills - Penalty - Appellants are entitled to get the relief on the principle of equity before the law - AT

6. Treatment of sale of equity shares under Portfolio management scheme – Business income OR capital gains – Tribunal had erred in holding the transactions to be income...

7. Sanction to the proposed reduction of the Subscribed and Paid-up Equity and Preference Share Capital of the petitioner Company - scheme approved - HC

8. Small Savings Schemes - Public Provident Fund Scheme, 1968 (PPF, 1968) and Senior Citizens Savings Scheme, 2004 (SCSS, 2004) - Revision of interest rates. - Cir. No. H-...

9. Foreign Direct Investment (FDI) in India - Issue of equity shares under the FDI scheme allowed under the Government route - Cir. No. 55 Dated: December 9, 2011

10. RBI decided to permit issue of equity shares / preference shares under the Government route of the FDI scheme for certain categories of transactions