Login  |  Register  |  Forgot Password 
Below Login Ad

News

RBI imposes Rs 59 cr fine on ICICI Bank for violating securities sale norms
Posted Date : 30-Mar-2018 , 09:48:11 am | Posted By CASANSAAR

The Reserve Bank has imposed a penalty of Rs 58.9 crore on the country's leading private sector lender ICICI Bank for violating central bank's directions pertaining to direct sale of securities. "The Reserve Bank of India (RBI) has imposed through an order dated March 26, 2018, a mon...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 346

Finmin asks RBI to help ease industry troubles post LoU ban
Posted Date : 30-Mar-2018 , 09:46:27 am | Posted By CASANSAAR

The finance ministry has asked RBI to look into the problems being faced by industry and banks by the abrupt ban on LoUs, and provide some breathing space to them, sources said. Reserve Bank of India this month banned issuance of Letters of Undertaking (LoUs) and Letters of Comfort (LoC), used ex...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 297

RBI to banks - Audit SWIFT transactions by June 30
Posted Date : 29-Mar-2018 , 10:13:32 am | Posted By CASANSAAR

The Reserve Bank of India (RBI) has directed all scheduled commercial banks to audit their SWIFT interbank transactions by as early as June 30 to detect any anomaly or fraud, a top official told FE. The directive is part of the RBI’s efforts to crack down on any manipulation or abuse of the SW...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 800

IBBI notifies amendments to the IBBI (Insolvency Professionals) Regulations, 2016
Posted Date : 28-Mar-2018 , 08:46:43 pm | Posted By CASANSAAR

The Insolvency and Bankruptcy Board of India (IBBI) has evolved a transparent and consultative process for making regulations. It has been endeavour of the IBBI to effectively engage stakeholders in the regulation making process to factor in ground reality, secure ownership of regulations and make r...

Continue Reading...

Category : Insolvent Professional | Comments : 0 | Hits : 309

Govt asks businesses to register on e-way bill platform ahead of Apr 1 rollout
Posted Date : 28-Mar-2018 , 08:42:05 pm | Posted By CASANSAAR

Government has asked businesses and transporters to register on e-way platform as soon as possible with just three days left for the Electronic Way bill to roll out.  From the first of April, businesses would be required to present the e-way bill to a GST inspector for inter-state transporta...

Continue Reading...

Category : GST | Comments : 0 | Hits : 249

Govt of India and Asian Development Bank (ADB) sign $80 Million Loan Agreement to help boost Youth Employability in HP
Posted Date : 28-Mar-2018 , 10:00:08 am | Posted By CASANSAAR

The Asian Development Bank (ADB) and the Government of India signed $80 million loan here today to help modernize technical and vocational education and training (TVET) institutions and improve the skills ecosystem in the State of Himachal Pradesh. Shri Sameer Kumar Khare, Joint Secretary (Multil...

Continue Reading...

Category : Finance | Comments : 0 | Hits : 232

NCLT orders liquidation for two Rotomac companies
Posted Date : 28-Mar-2018 , 10:15:09 am | Posted By CASANSAAR

The National Company Law Tribunal has ordered liquidation of two Rotomac group companies -- Global and Exports -- whose promoter Vikram Kothari is accused of being involved in a banking fraud. The order was pronounced at the NCLT’s Allahabad chapter.  The initial period of 180 days exp...

Continue Reading...

Category : Insolvent Professional | Comments : 0 | Hits : 416

GST profiteering complaint form simplified - Fin Min
Posted Date : 28-Mar-2018 , 10:08:54 am | Posted By CASANSAAR

The Finance Ministry has simplified and reduced the number of columns in the complaint form to make it easier for consumers to report any profiteering activity by businesses post GST rollout.  The number of columns in the simplified single-page form have been slashed to 16, of which 12 field...

Continue Reading...

Category : GST | Comments : 0 | Hits : 312

Due Date for Linking of Aadhar with PAN extended to 30th June 2018
Posted Date : 27-Mar-2018 , 08:39:09 am | Posted By CASANSAAR

CBDT extended the due date for linking the Aadhar Card with PAN till June 30, 2018. Vide its orders dated 31.07.17, 31.08.17 & 08.12.17, in file of even number, CBDT had allowed time till 31st March, 2018 to link PAN with Aadhaar while filing the tax-returns. Upon consideration of...

Continue Reading...

Category : PAN | Comments : 0 | Hits : 572

Group for Development/Procurement of System/Software for E-voting in Institute's Elections - ICAI
Posted Date : 27-Mar-2018 , 05:29:53 pm | Posted By CASANSAAR

The Council at its 374th meeting held from 21st to 24th March, 2018 while deliberating the item on introduction of E-voting in the elections to the Council and Regional Councils to be held in December, 2018 decided that E-voting should be introduced, in the first instance, for election to the Managi...

Continue Reading...

Category : ICAI Election | Comments : 0 | Hits : 268

GST revenue collections for February 2018 stand at Rs. 85,174 crore
Posted Date : 27-Mar-2018 , 05:23:27 pm | Posted By CASANSAAR

Total Revenue Collection under GST: The last date for filing of GSTR 3B return for the month of February 2018 was 20th March 2018. The total revenue received under GST for the month of February 2018(received in February/March upto 26th March) has been Rs. 85,174 crores. 1.05 crore taxpayers have ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 227

Income Tax Offices to Remain Open on 29th, 30th and 31st March, 2018
Posted Date : 27-Mar-2018 , 05:21:13 pm | Posted By CASANSAAR

The last date for filing belated returns for Assessment Years 2016-17 and 2017-18 and revised returns for Assessment Year 2016-17 is 31st March, 2018. The Financial Year 2017-18 closes on 31st March, 2018 which is a Saturday. 29th & 30th March, 2018 are also closed holidays. Therefore, to fac...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 349

Four PSBs, ATM service providers under Tax Lens
Posted Date : 27-Mar-2018 , 12:27:03 am | Posted By CASANSAAR

The revenue department’s intelligence unit has launched an investigation into alleged collusion between select banks and ATM service providers to avoid payment of value added tax (VAT) and wrongful claim of tax credit.  The Directorate General of Goods and Services Tax Intelligence (DG...

Continue Reading...

Category : Banking | Comments : 0 | Hits : 391

No continuous holidays for banks
Posted Date : 27-Mar-2018 , 09:07:21 am | Posted By CASANSAAR

Banks will not remain closed for five consecutive days starting from Thursday, a union leader said on Monday. "The banks will work on March 31 (Saturday) and there is no continuous holidays as per messages in the social media," D. Thomas Franco Rajendra Dev, General Secretary of the All...

Continue Reading...

Category : Banking | Comments : 0 | Hits : 1436

High-level panel on IBC review may stick to 270-day resolution deadline
Posted Date : 27-Mar-2018 , 08:42:50 am | Posted By CASANSAAR

A high-level panel set up to review the Insolvency and Bankruptcy Code (IBC) is likely to have recommended against extending a 270-day moratorium for restructuring a company after its case is admitted by the National Company Law Tribunal (NCLT). The committee submitted its report to the government o...

Continue Reading...

Category : Bitcoins | Comments : 0 | Hits : 302

Govt issues clarification regarding furnishing of Country-by Country Report under Income Tax
Posted Date : 27-Mar-2018 , 08:29:41 am | Posted By CASANSAAR

In keeping with India’s commitment to implement the Recommendations of the 2015 Final Report on Action 13, titled “Transfer Pricing Documentation and Country-by-Country Reporting”, identified under the OECD Base Erosion and Profit Shifting (BEPS) Project, Section 286 of the Income-...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 723

CA Megha Jain created history by flying from 18,400 Mtrs
Posted Date : 26-Mar-2018 , 04:15:21 pm | Posted By CASANSAAR

CA Megha Jain (2011 batch) created history to become the “First Indian civilian lady to record her name in LIMCA BOOKS OF RECORDS-2018 for flying fighter plane MIG29” on touching heights of around 18,400 m with a top speed of 1,850 km/hr over Sokol Airbase in Nizhny Novgorod, Russia.&nbs...

Continue Reading...

Category : CA | Comments : 1 | Hits : 2030

MCA mulls legal ways to stall bankruptcy proceedings in US in PNB Scam
Posted Date : 26-Mar-2018 , 08:40:10 am | Posted By CASANSAAR

The Ministry of Corporate Affairs is considering legal options to try to stall bankruptcy proceedings in the US against diamantaire Nirav Modi's group firm Firestar Diamond, amid stepped up action in the over Rs 130 billion scam at Punjab National Bank, according to officials. The move comes ...

Continue Reading...

Category : Insolvent Professional | Comments : 0 | Hits : 370

Business with nil tax liability may get to file GST returns bi-annually
Posted Date : 26-Mar-2018 , 08:34:24 am | Posted By CASANSAAR

Businesses having zero tax liability for six consecutive months under GST may soon get relief once the proposal to allow such entities to file returns only twice a year gets the GST Council’s nod. According to recent data, as much as 40 per cent of return filers under the Goods and Services...

Continue Reading...

Category : GST | Comments : 0 | Hits : 555

Over 68000 companies registered in 8 months post GST - MCA
Posted Date : 25-Mar-2018 , 10:12:10 am | Posted By CASANSAAR

More than 68,000 companies have been registered in eight months following the implementation of the Goods and Services Tax (GST) regime, Union Minister P P Chaudhary said.  GST --the biggest tax reform-- was rolled out from July 1, 2017.  "The total number of companies registere...

Continue Reading...

Category : GST | Comments : 0 | Hits : 326

MCA has filed prosecution against 780 listed companies under various sections of Companies Act, 2013
Posted Date : 25-Mar-2018 , 10:00:28 am | Posted By CASANSAAR

The Government has taken any steps against listed companies which are not functioning. Ministry of Corporate Affairs (MCA) has filed prosecution against 780 listed companies under various sections of Companies Act, 2013 due to non-filing of Financial Statements and Annual Returns. As on 31st Dece...

Continue Reading...

Category : MCA | Comments : 0 | Hits : 270

Govt to set up more NCLT benches to handle wave of bankruptcy cases
Posted Date : 22-Mar-2018 , 11:13:06 pm | Posted By CASANSAAR

The government is set to increase the number of bankruptcy courts to ease the load on existing benches overburdened by creditors suing defaulting businesses and expedite resolution of insolvency cases, corporate affairs secretary Injeti Srinivas said. The government will also hire more judicial a...

Continue Reading...

Category : Insolvent Professional | Comments : 0 | Hits : 362

After PNB, SBI, now Union Bank of India hit by bank fraud
Posted Date : 22-Mar-2018 , 11:07:53 pm | Posted By CASANSAAR

The Central Bureau of Investigation (CBI) registered a Rs1,394.43 crore bank fraud case against Hyderabad-based Totem Infrastructure Ltd on a complaint by state-run Union Bank of India. “The CBI registered a case today (Thursday) on a complaint by Union Bank of India against Totem Infrastru...

Continue Reading...

Category : Banking | Comments : 0 | Hits : 1464

CBI files another bank fraud case of Rs.1394 Cr
Posted Date : 22-Mar-2018 , 11:04:25 am | Posted By CASANSAAR

Yet another bank fraud has come to light, with the CBI filing a case against Hyderabad-based Totem Infrastructure Ltd for allegedly defrauding a consortium of eight banks led by Union Bank of India (UBI) to the tune of Rs 1,394 crore. A Central Bureau of Investigation (CBI) team also carried out ...

Continue Reading...

Category : Banking | Comments : 0 | Hits : 696

Linking of SWIFT to the Core Banking System
Posted Date : 22-Mar-2018 , 11:01:05 am | Posted By CASANSAAR

  Department of Economic Affairs has apprised that in pursuance to the announcement made in the Budget Speech 2018-19 (para75), a Steering Committee on Fintech related issues was constituted to consider various issues relating to development of Fintech space in India with a view to make Fint...

Continue Reading...

Category : Banking | Comments : 0 | Hits : 361

GST - Clarity on E-Way Bill
Posted Date : 22-Mar-2018 , 10:59:29 am | Posted By CASANSAAR

Government has received various representations from Association of Exporters as well as Corporate Bodies seeking clarity on e-way bill regarding movement of goods from dry-ports to sea ports and from SEZs within the zone. Some of the queries regarding applicability of e-way bill provisions are as b...

Continue Reading...

Category : GST | Comments : 0 | Hits : 680

States Exempted from Tax Refund after GST
Posted Date : 22-Mar-2018 , 10:57:31 am | Posted By CASANSAAR

  The North Eastern and Hilly States have not been provided exemption from tax refund till March, 2027 under GST. The GST Council in the meeting held on 30.09.2016, had decided that all entities exempted from payment of indirect tax under the then existing tax incentive scheme shal...

Continue Reading...

Category : GST | Comments : 0 | Hits : 289

GST on Skill Development, Start-Ups and Tourism
Posted Date : 22-Mar-2018 , 10:56:10 am | Posted By CASANSAAR

  All kinds of representations received from the trade and industry (including start-ups) regarding GST rates on services have been deliberated in the Fitment Committee. Government has exempted various kinds of services in relation to skill development. Decision pertaining to rates of GST an...

Continue Reading...

Category : GST | Comments : 0 | Hits : 257

Non-Compliant NBFCs which have not fulfilled their obligations under PML Rules asked to do so
Posted Date : 22-Mar-2018 , 10:54:29 am | Posted By CASANSAAR

Prevention of Money Laundering Act, 2002 (PMLA) and the Rules impose obligation on reporting entities (RE’s) including Non-Banking Financial Companies (NBFC’s) to verify identity of clients, maintain records and furnish information to FIU-IND. To facilitate the filing of prescribed repor...

Continue Reading...

Category : Finance | Comments : 0 | Hits : 324

PNB issued over 41k LoUs since 2011- FinMin
Posted Date : 22-Mar-2018 , 10:52:26 am | Posted By CASANSAAR

In reply to another question, Minister of State for Finance Shiv Pratap Shukla said that as per PNB, the total number of LoUs issued to the companies of Nirav Modi, his relatives and the Nirav Modi Group are 1,213, and to Mehul Choksi, his relatives and the Gitanjali Group are 377. He further sai...

Continue Reading...

Category : Banking | Comments : 0 | Hits : 215

News By Categories

More Categories

Search News

 
 
 

Professional News For CA,CS,CMA.Fresh Accounting News Articles On Income Tax,Service Tax,Sales Tax, Vat,Company Law,RBI,CAG,Custom,Excise On CASANSAAR


www.casansaar.com
...keeps you updated

Home

  |  News

  |  Articles

  |  Discussion

  |  CA Firms

 |  Members

 |  CA Community

 |  Jobs

 |  GST Calculator

 |  Empanelment

 |  Files

 |  Matrimonial

 |  Students zone

 |  Queries

 |  Classified Ads

 |  Events

 |  About us

 |   Top Members

 |  Coaching Centres

  | Testimonials

 | Judiciary

 | Notifications/Circulars

 | Book

 | eDirectory

 | Interview

 | Website

 | Emails

 | Software

 |  Score Board

 |   Press Release  

 |   Blood Bank  

  |   Opinion Poll  

  |   Feedback
 |   Advertise us

 |   Terms & Conditions

 |   Contact us
 |   Blog

  |   Sitemap

  |   Income Tax

  |   Auditing

  |   Bank

  |   Bank branch audit

  |   Banking

  |   Black Money

  |   CA

  |   CA Announcement

  |   TDS

  |   Students Zone

  |   Custom

  |   VAT

  |   Service Tax

  |   Corporate Law

  |   General

  |   Excise

  |   SEBI

  |   Finance

  |   GST

  |   ICAI

  |   FEMA

  |   ICWAI

  |   ICSI

  |   DGFT

  |   RBI

  |   IFRS

  |   CAG

  |   Budget

  |   Merger & Acquisitions

  |   International Business

  |   Shares & Stock

  |   Excel Tips

  |   International Taxation

  |   ITR

  |   Chartered Accountant

  |   Tax Audit

  |   Companies Act

  |   Money Laundering

  |   MCA

  |   Income Tax Refund

  |   NPA

  |   Income tax software

  |   CST

  |   CA Exams

  |   CA Results

  |   CBDT

  |   Accounting Standards

  |   DIN

  |   Judical Announcement

  |   MDP

  |   PAN

  |   Whats App

  |   Secretarial Standards

  |   NGO

  |   CA Convocation

  |   Finance Bill

  |   ICAI Notification

  |   CARO

  |   COMPANIES SECRETARY

  |   Accounts

Follow Us : Twitter Icon Facebook Icon Orkut Icon Linkedin Icon

CASANSAAR Updates

Developed By: CASANSAAR Copyright © casansaar

Top Accounting Firms,CA COMMUNITY,CA SANSAAR,Chartered Accountant,Ca Networking Firms,Partner Portal,Ca Assignments,CA,Online Communities For Chartered Accountant,Circle For Ca,CS,CMA and FINANCE,Articles By CA / CS / CMA,accounting news articles,Ca Firms In Delhi,CA ANNOUNCEMENT

accounting jobs,article trainees,best website creator,empanelment,income tax slab, ITR, TDS Chart,budget of india 2014-15,gst,auditing,Income tax,students zone,cpt,community matrimony for ca,Classified Ads,Community Matrimony For Ca,Students Zone,Coaching Classes,Company Secretary,Cost Accountant,Judiciary.