Tuesday, May 8, 2012

Date: 8th May 2012

Important News of the Day

1. Pranab puts GAAR on backburner for 1 year.

2. DGCA suspended the licence of controversial businessman Ravi Rishi’s Global Vectra Helicorp Ltd.
3. Vladimir Putin sworn in as Prez of Russia.
4. New prez of France- Francois Hollande.
  • Polish President- Bronislaw Komorowski.
  • Italian PM- Mario Monti.
  • Spain’s PM- Mariano Rajoy.
  • British PM- David Cameron.
  • Chinese President- Hu Jintao.
  • Japanese PM- Yoshihiko Noda.
5. Govt readies 13k cr notice for Voda.
6. FM scraps ‘draconian’ clause in customs law.
7. Excise on gold jewellery, TDS on realty rolled back.

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