Budget on Feb 1-SC Dismiss Plea, EC gives nod but with riders
Posted Date : 24-Jan-2017 , 09:02:01 am | Posted By CASANSAAR
The Election Commission gave its nod to the Centre to present the Union Budget on February 1 ahead of the Assembly polls, but said no schemes related to these poll-bound states can be announced and the Finance Minister’s speech should not refer to the government’s achievements in these s...
Continue Reading...
Category :
Budget |
Comments :
0 | Hits : 1342
|
 |
Restructured Education loans not to be treated as NPAs - RBI
Posted Date : 24-Jan-2017 , 08:41:33 am | Posted By CASANSAAR
In order to encourage banks to provide education loans, RBI has said rescheduling of payment period of such loans due to unemployment of borrower will not be treated as restructured accounts for computing NPAs.
Banks may allow up to three spells of moratorium (not exceeding 6 months each) d...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 967
|
|
SEBI seeks forensic audit of MCX’s trading software
Posted Date : 24-Jan-2017 , 08:38:03 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) has directed the board of Multi Commodity Exchange of India Ltd (MCX) to commission a special audit of its trading software, according to two people familiar with the development.
The software is owned and operated by Financial Technologies India ...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 855
|
|
Income Tax Dept to probe deeper into suspicious bank accounts
Posted Date : 24-Jan-2017 , 08:24:59 am | Posted By CASANSAAR
The Income Tax Department has widened its scrutiny of suspicious transactions postdemonetisation to cover term deposit accounts, loan repayments and advance remittances for imports in the postdemonetisation period.
A senior official confirmed that after analysing cash deposits made in bank and po...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 755
|
|
Finance Ministry may review tax regime on long-term capital gains
Posted Date : 23-Jan-2017 , 10:23:43 pm | Posted By CASANSAAR
The finance ministry reviewing the long-term capital gains (LTCG) taxation regime ahead of the Union Budget 2017-18, in the backdrop of Prime Minister Narendra Modi’s suggestion of increasing contribution of financial market participants to the exchequer.
Sources said the review may lead to...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 807
|
|
CBI arrests former IDBI Chairman in Vaijay Mallya loan default case
Posted Date : 23-Jan-2017 , 10:19:25 pm | Posted By CASANSAAR
Central Bureau of Investigation (CBI) has arrested former IDBI chairman in Vijay Mallya loan default case, according to sources. Four executives of Kingfisher Airlines and three more former executives of IDBI Bank were also arrested by CBI, according to reports.
Earlier in the day, in a dev...
Continue Reading...
Category :
Banking |
Comments :
0 | Hits : 1198
|
|
Budget 2017 to be presented on Feb 1, SC dismisses plea on postponing it
Posted Date : 23-Jan-2017 , 05:04:57 pm | Posted By CASANSAAR
Supreme Court on Monday dismissed the plea to change the Budget date from February 1. According to PTI, the Supreme Court dismissed the PIL, filed by ML Sharma, as there was no illustration to support that the presentation of the Budget would influence voters’ mind in state elections.
The P...
Continue Reading...
Category :
Budget |
Comments :
0 | Hits : 757
|
|
SC gives 2 weeks time to Centre for Verification of Mobile users
Posted Date : 23-Jan-2017 , 05:01:12 pm | Posted By CASANSAAR
The Supreme Court today asked the Centre to apprise it within two weeks about the steps which can be taken to scrutinise the existing and future mobile users in the country.
A bench headed by Chief Justice J S Khehar said mobile numbers are now being used for banking purposes also and asked Centr...
Continue Reading...
Category :
General |
Comments :
0 | Hits : 1116
|
|
Cooperative banks can't accept deposits under PMGKY - Govt
Posted Date : 21-Jan-2017 , 09:10:10 pm | Posted By CASANSAAR
Government today clarified that Co-operative Banks are not authorised to accept deposits under the Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS). The scheme allows assessees to disclose previously unaccounted and undeclared income under its ambit.
The PMGKDS permits voluntary declarat...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 622
|
|
Cooperative banks can't accept deposits under PMGKY - Govt
Posted Date : 21-Jan-2017 , 09:09:32 pm | Posted By CASANSAAR
Government today clarified that Co-operative Banks are not authorised to accept deposits under the Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS). The scheme allows assessees to disclose previously unaccounted and undeclared income under its ambit.
The PMGKDS permits voluntary declarat...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 653
|
|
NSDL to seek final RBI go-ahead for payments bank
Posted Date : 21-Jan-2017 , 09:52:17 am | Posted By CASANSAAR
The leading depository NSDL on Friday said it will be applying "very soon" for the final licences to launch a payments bank and hopes to roll out the new entity over the next three months.
"We have complied with all the requirements for the final licence and will be making the fina...
Continue Reading...
Category :
Banking |
Comments :
0 | Hits : 770
|
|
Income Tax dept gets over Rs300 crore declarations under PMGKY
Posted Date : 21-Jan-2017 , 09:43:46 am | Posted By CASANSAAR
The income tax department has received confirmations for over Rs300 crore declarations from across the country till now as part of the ongoing black money window called the Pradhan Mantri Garib Kalyan Yojna (PMGKY), brought out by the government post demonetisation.
Officials said I-T department ...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 776
|
|
CA Exam Date Sheet for May 2017 - ICAI
Posted Date : 19-Jan-2017 , 07:58:58 pm | Posted By CASANSAAR
No. 13-CA (EXAM)/M/2017: In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to announce that the Intermediate (IPC) and Final examinations will be held on the dates given below at the following place...
Continue Reading...
Category :
CS Exams |
Comments :
0 | Hits : 2238
|
|
Cabinet approves Listing of Government owned General Insurance Companies at the stock exchanges
Posted Date : 19-Jan-2017 , 08:27:39 am | Posted By CASANSAAR
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its ‘in principle’ approval for listing the following five Government owned General Insurance Companies in the stock exchanges. These are:
The New India Assuran...
Continue Reading...
Category :
Shares & Stock |
Comments :
0 | Hits : 668
|
|
Cabinet approves the exclusion of States from the investments of National Small Savings Fund from 1.4.2016
Posted Date : 19-Jan-2017 , 08:25:22 am | Posted By CASANSAAR
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to exclude State Governments States/UTs (with Legislature) except Arunachal Pradesh, Delhi, Kerala and Madhya Pradesh from National Small Savings Fund (NSSF) investments from 01.04.2016. It also appr...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 702
|
|
Clarifications on the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016
Posted Date : 19-Jan-2017 , 08:24:23 am | Posted By CASANSAAR
The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 (PMGKY) has commenced on 17th December, 2016 and is open for declarations up to 31st March, 2017.
CBDT has received queries from stakeholders seeking clarifications about various provisions of the Scheme. The is...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 712
|
|
IDS disclosures valid if taxes realised by December 5 - CBDT
Posted Date : 18-Jan-2017 , 09:06:28 am | Posted By CASANSAAR
In a minor relaxation to IDS tax payment rules, the Income Tax Department has said disclosures under the scheme will be considered valid even if the tax amount has been realised by December 5.
The first instalment of taxes was to be paid by November 30.
The government had come out ...
Continue Reading...
Category :
CBDT |
Comments :
0 | Hits : 1041
|
|
CBDT puts on hold circular on taxation of indirect transfer of shares
Posted Date : 18-Jan-2017 , 09:00:47 am | Posted By CASANSAAR
In a bid to soothe the nerves of foreign portfolio investors spooked by a fresh tax burden on indirect transfers mooted by the Central Board of Direct Taxes last month, the finance ministry stepped into the picture on Tuesday and put the tax department missive in abeyance till further notice.
The...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 829
|
|
CAG wants provision in GST law to seek any info for Audit
Posted Date : 18-Jan-2017 , 08:58:46 am | Posted By CASANSAAR
As government prepares ground for roll-out of GST from July 1, CAG has demanded explicit provision in the law to empower the official auditor to call for any information for audit of Goods and Service Tax (GST) receipts and utilisation of their funds.
While the Comptroller and Auditor Gener...
Continue Reading...
Category :
CAG |
Comments :
0 | Hits : 1402
|
|
Legislative Amendments/Standards/Guidance Notes for May, 2017 CA Final Exams
Posted Date : 18-Jan-2017 , 08:47:07 am | Posted By CASANSAAR
Applicability of Standards/Guidance Notes/Legislative Amendments etc. for May, 2017 – Final Examination
Paper 1: Financial Reporting
I. Framework for the Preparation and Presentation of Financial Statements.
II. Accounting Standards
AS No. AS Title
1 ...
Continue Reading...
Category :
CA Exams |
Comments :
0 | Hits : 1950
|
|
Legislative Amendments/Standards/Guidance Notes for May, 2017 IPC Exam
Posted Date : 18-Jan-2017 , 08:41:39 am | Posted By CASANSAAR
Applicability of Standards/Guidance Notes/Legislative Amendments etc. for May, 2017 – Intermediate (IPC) Examination
Paper 1: Accounting
Accounting Standards
AS 1 : Disclosure of Accounting Policies
AS 2 : Valuation of Inventories
AS 3 : Cash Flow Statements
AS 7 :...
Continue Reading...
Category :
CS Exams |
Comments :
0 | Hits : 1047
|
|
Pass Percentage CPT December, 2016 Exams
Posted Date : 18-Jan-2017 , 08:29:33 am | Posted By CASANSAAR
Common Proficiency Test (CPT) held in December, 2016. The details of percentage of candidates passed in the above said examination is given below.
Pass Percentage CPT December, 2016
Gender
No. of candidates appeared
No. of candidates passed
Pass Percentage
E...
Continue Reading...
Category :
CA Results |
Comments :
0 | Hits : 1781
|
|
Pass Percentage & Toppers of CA Final Nov.16 Exams
Posted Date : 17-Jan-2017 , 02:13:44 pm | Posted By CASANSAAR
The Result of Chartered Accountants Final Examination has been declared.
The Details of Percentage of candidates passed in the above said examinations are given below.
No. of Candidates
Passed Candidates
Pass %
Group - I...
Continue Reading...
Category :
CA Results |
Comments :
0 | Hits : 7401
|
|
Good Luck - CA Final, ISA & CPT Exams Result Day
Posted Date : 17-Jan-2017 , 08:27:43 am | Posted By CASANSAAR
The Institute of Chartered Accounts of India (ICAI) will soon declare the Chartered Accountants (CA) final examination and Common Proficiency Test (CPT) exam result 2016. The Common Proficiency Test (CPT) final examination and Chartered Accountants (CA) was conducted by Institute of Chartered Accoun...
Continue Reading...
Category :
CA Results |
Comments :
1 | Hits : 2773
|
|
RBI enhances cash withdrawal limit from ATMs to Rs 10000 per day
Posted Date : 16-Jan-2017 , 11:28:26 pm | Posted By CASANSAAR
The Reserve Bank of India has raised the daily Cash withdrawal limit of 4500 rupees from ATMs to ten thousand rupees per card with immediate effect. However, the overall withdrawal limit from saving accounts will remain unchanged at 24 thousand rupees per week.
The limit on withdrawal from curren...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 931
|
|
Centre, states reach consensus on GST; rollout from July 1
Posted Date : 16-Jan-2017 , 11:26:04 pm | Posted By CASANSAAR
In a significant breakthrough in implementation of India's biggest tax reform, the deadlock over administration of GST ended on Monday after the Centre agreed to allow states control over most of small taxpayers, but the rollout date was pushed back by 3 months to July 1.
The split of G...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1257
|
|
Domain + Website + Hosting + 2 email ids @ Just Rs.2999/- with 30 days Money Back Guarantee
Posted Date : 16-Jan-2017 , 09:47:48 am | Posted By CASANSAAR
CASANSAAR offers a Golden opportunity for Professionals, where they could create their own stunning website with multiple designs and templates to choose. It will be completely your own space, which is going to be a Dynamic Website and could be edited as per your wish.
...
Continue Reading...
Category :
CA |
Comments :
0 | Hits : 1607
|
|
GST Council to meet on dual control on Monday
Posted Date : 16-Jan-2017 , 09:27:26 am | Posted By CASANSAAR
In a make-or-break meeting, the Centre and States will try and resolve the pending issues around the Goods and Services Tax (GST) on Monday to ensure its timely roll out from April 1.
The GST Council will try to reach a compromise on administrative control over businesses.
“If States get...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1137
|
|
SEBI cuts broker fees by 25 pc to Rs 15 per transaction
Posted Date : 16-Jan-2017 , 09:18:17 am | Posted By CASANSAAR
Securities and Exchange Board of India, SEBI, has decided to lower broker fees by 25 per cent to 15 rupees per transaction of one crore rupees as part of calibration of various other fees collected by the regulator from different market intermediaries. The move is likely to reduce overall cost of tr...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 1196
|
|
CA Final Nov 2016 & CPT Exam Result to be Declared on 17th Jan.2017
Posted Date : 16-Jan-2017 , 09:17:19 am | Posted By CASANSAAR
The result of the Chartered Accountants Final Examination held in November 2016 and Common Proficiency Test (CPT) held in December 2016 are likely to be declared on Tuesday, the 17th January 2017 around 2.00 P.M. and the same as well as the merit list (candidates securing a minimum of 55% and above ...
Continue Reading...
Category :
CA Results |
Comments :
0 | Hits : 1455
|
|
|
