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Washington, Jan 10 - 'Sex and the City' actor John Corbett feels that there ar

New Delhi - To ensure consistency as well as clarity on taxation issues, the Finance Ministry has proposed new tax accounting standards related to income computation and disclosures by businesses.

The new draft of 12 Income Computation and Disclosure Standards (ICDS), for which comments have been sought from stakeholders till February 8, is aimed at having consistency in respect of issues that come under this ambit.

This ICDS is applicable for computation of income chargeable under the head 'profits and gains of business or profession' or 'income from other sources' and not for the purpose of maintenance of books of accounts, according to the Ministry.

New Delhi, Jan 9 : United Nations Secretary General Ban Ki-moon will pay a three-day official visit to India starting January 10 to participate in the 2015 edition of the Vibrant Gujarat Summit, to be held in Gandhinagar.

At the summit, the UN Secretary General will be the guest of honour and the keynote speaker. He is also scheduled to meet Prime Minister Narendra Modi, as well as visit the Sabarmati Ashram and inaugurate the 10 megawatts Canal -Top Solar Power Plant in Vadodara.

Indore: Bollywood actor Sunil Shetty is expected to take part in a marathon being organised here on February 22.

"Sunil Shetty has consented to take part in the Marathon 2015," Madhya Pradesh Minister Kailash Vijayvargiya, who also happens to chief patron of the Academy of Indore Marathon which is organising the long run, told reporters here today.

He said that more than 20,000 people are expected to participate in the run to celebrate the theme of 'Clean, Green and Healthy Indore'.

Industrialist Mukesh Ambani and his wife Nita as well as Bollywood actress Sushmita Sen have also been invited.

New Delhi, Jan 9 : Former Jammu and Kashmir chief minister Omar Abdullah on Friday lamented that Governor's rule has been imposed in the state despite a good turnout in the assembly polls and lambasted the People's Democratic Party (PDP) for the latest political development in this regard.

"I'm sorry after an election with such a good turnout we have a situation of Governor's rule but as I've maintained the onus lies with @jkpdp," Omar tweeted.

"Lastly, if @jkpdp have a govt in place before the 19th of Jan I'll publicly acknowledge that they were right and I was wrong. Let's see now," he added.

Gurgaon: With the ICC Cricket World Cup just a little over a month away, out-of-favour batsman Virender Sehwag on Friday wished the Indian team and hoped that the Mahendra Singh Dhoni-led side would be able to defend its title in Australia and New Zealand.

"We are going to play the World Cup and we are the defending champion, so I hope we do well and bring this trophy to India and give lot of joy to Indian public," Sehwag said posing with the ICC World Cup Trophy which was showcased to cricket fans at Cyber Hub here.