"Petrol prices to be revised every month” plus 1 more

"Petrol prices to be revised every month” plus 1 more


Petrol prices to be revised every month

Posted: 14 Jul 2010 08:23 PM PDT


From now on, the price of petrol will be revised once a month. However, there will be no immediate change in its price. Such a decision was on the cards ever since the oil ministry decided, on June 25, to deregulate petrol price. The periodicity was finalised after a meeting of the heads of the three state-owned oil companies --Indian Oil Corporation (IOC), Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL) -with petroleum secretary S. Sundareshan on...

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Mandatory filing of income-tax returns electronically in Form No. ITR-6 with digital signature by all companies

Posted: 14 Jul 2010 09:56 AM PDT


Press Release No. 402/92/2006–MC (35 of 2010), dated 12-7-2010 The Central Board of Direct Taxes (CBDT) has amended the Rules relating to electronic filing of income tax returns vide Notification No. 49/2010 dated 9th July, 2010. The amended Rules will apply with effect from the date of notification in the official gazette. As per the amended Rules, it is now mandatory for all companies to file income tax return electronically in Form No. ITR-6 with digital signature, Earlier, companies...

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