Four public sector banks get CEOs
Posted Date : 04-Nov-2015 , 08:23:18 am | Posted By CASANSAAR
The Finance Ministry has appointed chief executives in four public sector banks (PSBs) — Andhra Bank, Indian Bank, Corporation Bank, and UCO Bank.
Earlier in mid-August, private sector bankers were appointed to head five PSBs — Bank of Baroda, Bank of India, Punjab National Bank, Ca...
Continue Reading...
Category :
Banking |
Comments :
0 | Hits : 1036
|
 |
Do not share personal data over phone, email: I-T dept to taxpayers
Posted Date : 03-Nov-2015 , 09:19:38 pm | Posted By CASANSAAR
The Income Tax department on Tuesday issued an advisory asking taxpayers not to share their personal financial details over email or phone and urged them to register a complaint in case they face such malicious attempt.
The advisory has come at a time when income tax returns (ITRs) fi...
Continue Reading...
Category :
Income Tax |
Comments :
1 | Hits : 1044
|
|
Deepak Singhal Appointed Executive Director of RBI
Posted Date : 03-Nov-2015 , 08:18:47 am | Posted By CASANSAAR
The Reserve Bank has appointed Deepak Singhal as Executive Director with effect from Monday.
"Deepak Singhal has taken over as the new Executive Director at the Reserve Bank of India today, November 2, 2015," RBI said in a communication.
Prior to this, Mr Singhal was the Regional Dir...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1069
|
|
CVC seeks info from Finmin on SEBI member appointment
Posted Date : 03-Nov-2015 , 08:12:41 am | Posted By CASANSAAR
The chief vigilance commissioner (CVC) has written to the finance ministry, asking whether vigilance clearance was granted to Prashant Saran, the whole-time member of the Securities and Exchange Board of India (Sebi). The said query was on the period when the member’s tenure came up for renewa...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 838
|
|
Audit and consultancy firm PwC India roped in to beef up Aadhaar security
Posted Date : 03-Nov-2015 , 08:07:19 am | Posted By CASANSAAR
With concerns related to privacy and security threatening the very existence of the Aadhaar project, the Unique Identification Authority of India (UIDAI) has employed the services of an external agency to carry out periodic audits of Aadhaar's infrastructure as well as that of its partners for a...
Continue Reading...
Category :
Auditing |
Comments :
0 | Hits : 1090
|
|
Tax evasion, money laundering to become difficult in next 1-2 years: FM
Posted Date : 03-Nov-2015 , 07:56:24 am | Posted By CASANSAAR
Finance Minister Arun Jaitley today said tax evasion and money laundering will become “extremely difficult” in the next 1-2 years, with real-time global automatic exchange of information system coming into effect.
“I am quite certain that the activity is going on in ...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 890
|
|
Election Manifesto of KHURANA VIVEK - NIRC B. NO. 40
Posted Date : 02-Nov-2015 , 10:51:18 am | Posted By CASANSAAR
Respected Professional Collegues,
Plz find below Election Manifesto of CA.KHURANA VIVEK (Founder of www.casansaar.com) who are contesting for NIRC Election of ICAI to be held on 4th -5th December 2015.
His NIRC Ballot No. is 40, We seeks your Vote, Support & Blessings for Him.
...
Continue Reading...
Category :
ICAI Election |
Comments :
0 | Hits : 1923
|
|
ED, RBI asked to probe FDI norm violation by e-tailers
Posted Date : 02-Nov-2015 , 09:14:53 am | Posted By CASANSAAR
The Union Commerce Ministry has reportedly requested the Enforcement Directorate (ED) and the Reserve Bank of India (RBI) to examine whether e-commerce firms like Flipkart, Amazon and Snapdeal have violated foreign direct investment (FDI) rules by engaging in business-to-consumers (B2C) activity.
...
Continue Reading...
Category :
Finance |
Comments :
0 | Hits : 881
|
|
Economic Affairs Secretary Shaktikanta Das joins SEBI board
Posted Date : 02-Nov-2015 , 09:12:29 am | Posted By CASANSAAR
Economic Affairs Secretary Shaktikanta Das has joined the board of capital market regulator Sebi (Securities and Exchange Board of India).
Mr Das has replaced Manoj Joshi as nominee of the Finance Ministry on the Sebi board. Mr Joshi is currently Joint Secretary (Capital Markets) in the ministr...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 814
|
|
ICAI Election Procedure - Single Transferable System of Voting
Posted Date : 31-Oct-2015 , 10:50:18 am | Posted By CASANSAAR
The next elections to the Council and Regional Councils of the Institute will be held on 4th and 5th December, 2015 at Ahmedabad, Bangalore, Chennai, Delhi/New Delhi, Gurgaon, Hyderabad, Jaipur, Kolkata, Mumbai, Pune, Surat and Thane and on 5th December, 2015 at all other places where polling booths...
Continue Reading...
Category :
ICAI Election |
Comments :
0 | Hits : 2259
|
|
Govt To Issue Sovereign Gold Bonds On Nov 5; Offers 2.75 % Interest
Posted Date : 30-Oct-2015 , 10:48:02 pm | Posted By CASANSAAR
The Sovereign Gold Bonds will offer an interest rate of 2.75 per cent and will remain open for public subscription between November 5-20, Finance Ministry said on Friday.
Aimed at providing an alternative to buying physical gold, the gold bond scheme will offer investors a choice to buy bonds w...
Continue Reading...
Category :
Finance |
Comments :
0 | Hits : 975
|
|
SC to hear PIL demanding ban on websites with Santa Banta jokes
Posted Date : 30-Oct-2015 , 10:36:03 pm | Posted By CASANSAAR
Supreme Court on Friday agreed to hear a Public Interest Litigation (PIL) seeking direction to ban websites displaying jokes on Sardars and projecting them in a poor light.
“This (Sikh) community is known for great sense of humour and they also enjoy such jokes. You must have gone through...
Continue Reading...
Category :
General |
Comments :
0 | Hits : 910
|
|
Inner Healing Meditation Programme for CAs in Delhi
Posted Date : 30-Oct-2015 , 01:43:22 pm | Posted By CASANSAAR
In continues to our social and unique services to members of CASANSAAR, we have organized a Inner Healing Meditation Programme in Gurgaon on 28th October 2015. This Programme was conducted and instructed by Acharya Manmohan Ji. The core objective of this Programme of stress management and finding th...
Continue Reading...
Category :
General |
Comments :
0 | Hits : 1315
|
|
No fresh permission to foreign law firms for liaison office: RBI
Posted Date : 30-Oct-2015 , 08:30:42 am | Posted By CASANSAAR
The Reserve Bank today said it would not grant fresh or renewed permission to any foreign law firm to open a liaison office in the country.
The Supreme Court, by its interim orders of July 4, 2012 and September 14, 2015, in the case of the Bar Council of India vs A K Balaji and Others has d...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 834
|
|
Taxation of income from off-shore Rupee Denominated Bonds
Posted Date : 30-Oct-2015 , 08:19:03 am | Posted By CASANSAAR
The Reserve Bank of India has recently permitted Indian corporates to issue rupee denominated bonds outside India.
The matter of taxation of income from such bonds under Income-tax Act, 1961 has been considered by the Government.
In so far as taxation of interest income from these ...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 686
|
|
Income Tax Dept’s new norms: Top 5 ways taxpayers will benefit
Posted Date : 29-Oct-2015 , 09:06:49 am | Posted By CASANSAAR
Under new rules, Income Tax Department has asked its customer care centres to monitor email complaints of taxpayers about their income tax returns and other problems and diligently send them to tax officers. The new directive comes at a time when Finance Minister Arun Jaitley unveiled two ...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 824
|
|
Announcement on Ceiling on Election Expenses - ICAI
Posted Date : 29-Oct-2015 , 08:58:38 am | Posted By CASANSAAR
Accordingly, the Council of the Institute, in pursuance of sub-rule (1) of Rule 41 of the said Rules read with sub-regulation (10) of Regulation 134 of the Chartered Accountants Regulations, 1988, has fixed the following ceiling on election expenses in aggregate under all possible heads, in respect ...
Continue Reading...
Category :
ICAI Election |
Comments :
0 | Hits : 1190
|
|
Notice From Income Tax Office: Now Address It Online
Posted Date : 29-Oct-2015 , 08:37:35 am | Posted By CASANSAAR
Getting a notice from the income tax department has a direct effect on one’s heartbeat. One should, however, not panic and address the issues raised by the department especially when one is not on the wrong side of taxes.
Scrutiny of income tax return may occur primarily be...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1379
|
|
Government Approves 16 FDI Proposals Worth Rs 4,722 Cr
Posted Date : 29-Oct-2015 , 08:10:12 am | Posted By CASANSAAR
The government has cleared 16 foreign investment proposals, including those of HDFC Capital and Ageon Religare Life Insurance Company, amounting to Rs 4,722 crore.
The investment proposals were approved following the recommendation by the Foreign Investment Promotion Board (FIPB), headed by Econo...
Continue Reading...
Category :
International Business |
Comments :
0 | Hits : 883
|
|
Najib Shah to take charge as CBEC Chairman
Posted Date : 29-Oct-2015 , 08:03:20 am | Posted By CASANSAAR
The Government on Wednesday appointed senior Indian Revenue Service officer Najib Shah as Chairman, Central Board of Excise and Customs.
“The Appointments Committee of Cabinet has approved the appointment of Najib Shah, Member CBEC as Chairman CBEC vice Kaushal Srivastava,” sa...
Continue Reading...
Category :
Corporate Law |
Comments :
0 | Hits : 1020
|
|
RBI to notify sovereign gold bond scheme soon
Posted Date : 28-Oct-2015 , 08:26:23 am | Posted By CASANSAAR
The Reserve Bank of India (RBI) will soon notify a sovereign gold bond scheme. This follows the notification of a gold monetisation scheme last week. The government will launch three new schemes: Apart from bonds, the others pertain to gold monetisation and selling of gold coins....
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 919
|
|
Six expert panels to review Companies Act 2013
Posted Date : 28-Oct-2015 , 08:18:56 am | Posted By CASANSAAR
The government is setting the ground for another overhaul of the Companies Act 2013 to make it easier for corporates to do business in the country, a senior government official said.
The corporate affairs ministry has formed six expert panels to work on more amendments to the Act on top of 16 ame...
Continue Reading...
Category :
Companies Act |
Comments :
0 | Hits : 1200
|
|
Clarification on the use of CA Logo - ICAI
Posted Date : 28-Oct-2015 , 08:07:46 am | Posted By CASANSAAR
...
Continue Reading...
Category :
ICAI |
Comments :
0 | Hits : 1541
|
|
Tentative dates of forthcoming Information Systems Audit (Assessment Test)-(ISA-AT) - ICAI
Posted Date : 28-Oct-2015 , 08:00:52 am | Posted By CASANSAAR
26th October 2015
ISA-AT for members is held twice a year in the month of June and December.
The tentative dates of the forthcoming ISA-ATs are as follows:
26th December 2015
25th June 2016
24th December 2016
It may be please be noted that the dates me...
Continue Reading...
Category :
ICAI |
Comments :
0 | Hits : 1043
|
|
CA Vinod Jain & CA Mukesh Patel included in the panel set up by Govt.to simplify Income Tax laws
Posted Date : 28-Oct-2015 , 07:53:11 am | Posted By CASANSAAR
The Government of India has constituted a Committee with a view to simplify the provisions of the Income Tax Act, 1961, with the following composition:
(i) Justice R.V. Easwar, (Retd.),...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1154
|
|
FM Launches The E-Sahyog Pilot Project of The Income-Tax Department to Facilitate Taxpayers
Posted Date : 27-Oct-2015 , 08:19:19 pm | Posted By CASANSAAR
The Income-tax Department is committed to the ‘Digital India’ initiative of the Government of India. The Finance Minister Shri Arun Jaitley launched here today an “e-Sahyog” pilot project which furthers the Department’s commitment to work in an e-environment and reduces...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 958
|
|
CA. Manoj Fadnis, President, ICAI elected as CAPA Deputy President
Posted Date : 27-Oct-2015 , 08:14:07 pm | Posted By CASANSAAR
CA. Manoj Fadnis, President, the Institute of Chartered Accountants of India (ICAI) has been elected as the Deputy President of Confederation of Asian and Pacific Accountants (CAPA) at the Board meeting of CAPA held on October 27, 2015 at Seoul for a period of two years. ICAI nominee CA. Manoj Fadni...
Continue Reading...
Category :
CA |
Comments :
0 | Hits : 920
|
|
SEBI open to ETF rule changes to spur growth
Posted Date : 27-Oct-2015 , 07:49:29 am | Posted By CASANSAAR
Markets regulator Sebi is open to making changes in rules regulating innovative financial products, including exchange-traded funds, to spur their growth if market players and experts give their inputs, provided such rule changes are positive for investors.
"Based on inputs from expert...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 1004
|
|
Mere transfer of title in immovable property is exempted from Service Tax
Posted Date : 26-Oct-2015 , 10:12:18 pm | Posted By CASANSAAR
In order to resolve a long standing issue relating to levy of Service Tax on sale of flats/dwellings etc. after issue of occupancy certificate but before issue of completion certificate in areas under the jurisdiction of Municipal Corporation of Greater Mumbai i.e. Brihanmumbai Municipal Corporation...
Continue Reading...
Category :
Service Tax |
Comments :
0 | Hits : 1114
|
|
Massive 7.5 earthquake kills four in Pakistan; tremors felt in Srinagar, New Delhi
Posted Date : 26-Oct-2015 , 04:10:30 pm | Posted By CASANSAAR
A massive earthquake, measuring 7.5 on the Richter scale was felt in Srinagar and other parts of North India at around 2.45 pm on Monday.
The quake had its epicentre in the Hindukush region of Afghanistan, said a statement from the government.
The quake was 196 km (120 miles) deep and centred ...
Continue Reading...
Category :
General |
Comments :
0 | Hits : 728
|
|
|
