Govt spent Rs 3426 cr on LS polls to make it costliest ever
Posted Date : 13-May-2014 , 06:43:28 pm | Posted By CASANSAAR
This was the most expensive Lok Sabha elections entailing a cost of Rs 3426 crore to the national exchequer, a substantial jump of 131% over the expenses incurred in 2009.
In the last Lok Sabha polls five years back, the cost to the exchequer was Rs 1483.
The o...
Continue Reading...
Category :
General |
Comments :
0 | Hits : 814
|
 |
Election Exit Poll - Win Free Website of your/ your Firm name by Guessing right Election Result
Posted Date : 13-May-2014 , 08:21:45 am | Posted By CASANSAAR
CAsansaar is organising an Exit Poll Figures Opinion. Guess the no. of seats BJP and Congress will won individually. If your guess matches either of the figure that BJP or Congress alone as parties will win, CASANSAAR will design, develop & host a Free Website for you / your firm for complete on...
Continue Reading...
Category :
General |
Comments :
1 | Hits : 1491
|
|
RBI allows bank branches abroad to sell structured products
Posted Date : 13-May-2014 , 07:52:35 am | Posted By CASANSAAR
Easing norms for functioning of overseas branches of Indian banks, the Reserve Bank has permitted them to offer structured financial and derivative products, a move that would help in improving their income. However, these products like Exchange Traded Funds and bond derivatives are not permitt...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 920
|
|
Tax Notice to Sharad Pawar's Party for Massive Cash Deposits
Posted Date : 13-May-2014 , 07:48:17 am | Posted By CASANSAAR
Just as voting ends across the country, Sharad Pawar's party, the Nationalist Congress Party, has been asked to explain huge cash deposits in a bank in Maharashtra.
The Income Tax department has asked the party to account for more than 35 crores that were placed in a state-run bank between April 2,...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1005
|
|
Diesel price hiked by Rs 1.09 a litre after polling ends
Posted Date : 13-May-2014 , 07:48:02 am | Posted By CASANSAAR
After a brief hiatus, diesel prices were on Monday hiked by Rs 1.09 a litre, excluding state levies.
The monthly increases in diesel rates, which had been put on hold just before India began voting to elect a new government, were back no sooner than polling ended on Monday.&nb...
Continue Reading...
Category :
General |
Comments :
0 | Hits : 816
|
|
Incorrect info in company filings to attract strict action: MCA
Posted Date : 12-May-2014 , 08:18:01 am | Posted By CASANSAAR
To curb instances of companies submitting misleading information in their filings, the government has said that strict action will be initiated against professionals who certify such submission.
Registered chartered accountants, cost accountants and company secretaries have been allowed by the ...
Continue Reading...
Category :
Corporate Law |
Comments :
0 | Hits : 1298
|
|
NPA also refers to Non Performing Administration
Posted Date : 11-May-2014 , 07:37:35 am | Posted By CASANSAAR
Former Reserve Bank of India Deputy Governor, K C Chakrabarty today said rise in Non Performing Assets (NPA) or bad loan in the banking system is also due to non performing administration.
“The issue of NPAs is due to Non Performing Administration. Discipline is requi...
Continue Reading...
Category :
Banking |
Comments :
0 | Hits : 888
|
|
ICSI hopes for changes in Companies Act
Posted Date : 11-May-2014 , 07:36:32 am | Posted By CASANSAAR
The Institute of Companies Secretaries of India (ICSI) is confident that certain changes it had sought in the Companies Act, 2013, including the one making appointment of company secretary mandatory for all companies with a paid up capital of Rs.5 crore and above, will be made soon.
The ins...
Continue Reading...
Category :
ICSI |
Comments :
0 | Hits : 1320
|
|
Bangalore to have office of Principal Chief Commissioner of Income Tax
Posted Date : 10-May-2014 , 06:09:08 pm | Posted By CASANSAAR
The Union government has sanctioned the office of the Principal Chief Commissioner of Income Tax in Bangalore with jurisdiction over all the I-T offices in Karnataka and Goa. This is to ensure effective monitoring of the functioning of the offices in the jurisdictional area and upscale I-T and TDS c...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1142
|
|
Provisional admission to CA Final Examination May-2014 - ICAI
Posted Date : 09-May-2014 , 03:30:08 pm | Posted By CASANSAAR
Announcement
8thMay 2014
Provisional admission to Final Examination to be held in May 2014 Queries are being received from candidates who have been admitted provisionally to Final examination to be held in May 2014, about the status of their admission to the said examination.
Candidates n...
Continue Reading...
Category :
Students Zone |
Comments :
0 | Hits : 1249
|
|
FMC directs MCX to drop Deloitte as Auditor
Posted Date : 09-May-2014 , 07:58:17 am | Posted By CASANSAAR
The Forward Markets Commission (FMC) isn’t taking PricewaterhouseCoopers (PwC)’s forensic audit report of Multi Commodity Exchange (MCX) lightly. In the wake of the damning observations by the auditor, FMC has directed MCX to drop Deloitte as statutory auditor.
“We ...
Continue Reading...
Category :
Auditing |
Comments :
0 | Hits : 1131
|
|
Rejected licence applicants can take strategic stake in banks, says RBI official
Posted Date : 09-May-2014 , 07:47:36 am | Posted By CASANSAAR
If an entity, whose application to become a bank has been rejected by the RBI, buys a strategic stake in a bank, then it does not amount to back-door entry into banking, according to a top RBI official.
Any person or entity that wishes to acquire more than five per cent stake in a bank is r...
Continue Reading...
Category :
Banking |
Comments :
0 | Hits : 890
|
|
Deloitte defends Audit work on MCX
Posted Date : 08-May-2014 , 08:22:47 am | Posted By CASANSAAR
The forensic audit report from PricewaterhouseCoopers (PwC) on the Multi Commodity Exchange (MCX) has raised many questions over the quality of scrutiny by its statutory auditors. However, Deloitte, the latter entity, says regulations don’t mandate it to go beyond a basic examination of t...
Continue Reading...
Category :
Auditing |
Comments :
0 | Hits : 983
|
|
Relief for NBFC as MCA to change Cos Act norms
Posted Date : 08-May-2014 , 08:21:51 am | Posted By CASANSAAR
Sources say that Ministry of Corporate Affairs (MCA) is going to change Cos Act norms and reset debenture provision reserve in 15 days in consultation with RBI. The Move comes after corporate bond issues dry up in April. NBFC was worst hit by change in debenture reserve provision....
Continue Reading...
Category :
Corporate Law |
Comments :
0 | Hits : 992
|
|
Vodafone serves arbitration notice in tax dispute, govt to drop peace offer
Posted Date : 08-May-2014 , 08:20:31 am | Posted By CASANSAAR
Vodafone Group Plc has served a fresh arbitration notice to India over the Rs 20,000 crore tax dispute, a development that has prompted the Indian government to seek withdrawal of its conciliation offer to settle the row amicably.
The Finance Ministry, according to officials, has already ob...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 896
|
|
RBI bans penalties on prepayment, non-maintenance of minimum balance
Posted Date : 07-May-2014 , 09:16:41 pm | Posted By CASANSAAR
The Reserve Bank of India (RBI) has barred banks to remove some of the penal provisions that deter people from engaging banks for saving and borrowing purposes.
Accordingly, RBI has asked banks to desist from levying foreclosure charges on individual borrowers for all floating rate loans wi...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1235
|
|
Financial Tech chairman Jignesh Shah arrested in NSEL scam
Posted Date : 07-May-2014 , 08:03:40 pm | Posted By CASANSAAR
The Financial Technologies and Multi-Multi Commodities Exchange (MCX) promoter Jignesh Shah was arrested on Wednesday by the EoW of Mumbai Police for his alleged involvement in the Rs 5,600-crore National Spot Exchange Limited (NSEL) scam.
“We have arrested Jignesh Shah for his involv...
Continue Reading...
Category :
Shares & Stock |
Comments :
0 | Hits : 816
|
|
10-year-olds can open and operate bank a/c alone: RBI
Posted Date : 07-May-2014 , 08:19:20 am | Posted By CASANSAAR
Children older than 10 years will no longer need the help of their parents or guardians to open and operate a savings bank account. To boost financial inclusion, the Reserve Bank of India (RBI) on Tuesday said that banks were at liberty to allow minors above 10 years to independently open and operat...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1423
|
|
Sebi steps in after auditor flags related-party dealings at MCX
Posted Date : 07-May-2014 , 08:14:45 am | Posted By CASANSAAR
India’s capital market regulator has started a probe into Multi Commodity Exchange of India Ltd (MCX) after auditor PricewaterhouseCoopers (PwC) highlighted related-party transactions and possible conflicts of interest between MCX and its parent Financial Techn...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 945
|
|
Notification - ISA - AT scheduled on 28.06.2014
Posted Date : 06-May-2014 , 04:24:57 pm | Posted By CASANSAAR
No.13-CA(EXAM)/ISA/J/2014: - In pursuance of Regulation 204 of the Chartered AccountantsRegulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased tonotify that the Information Systems Audit (ISA) Course Assessment Test (which is open to themembers of the Institute)...
Continue Reading...
Category :
Students Zone |
Comments :
0 | Hits : 1103
|
|
NPAs render govt banks unfit for pvt PF deposits
Posted Date : 06-May-2014 , 08:13:23 am | Posted By CASANSAAR
Rising non-performing assets (NPAs) are taking a toll on public sector banks such as State of India (SBI), Punjab National Bank (PNB) and Canara Bank in more ways than one — these banks are unable to take deposits from non-government provident funds.
Norms governing investments...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1064
|
|
SEBI proposes new listing, disclosure requirement norms
Posted Date : 06-May-2014 , 08:05:06 am | Posted By CASANSAAR
The Securities and Exchange Board of India (SEBI), on Monday, proposed a new set of rules, which would require greater disclosures by companies and give more powers to stock exchanges to check any non-compliance.
The proposed norms, to be called SEBI (Listing Obligations and Disclosure Requ...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 1036
|
|
Hosting of exemption(s) in a paper granted in Intermediate and Final examinations, valid for May 2014 - ICAI
Posted Date : 05-May-2014 , 06:04:27 pm | Posted By CASANSAAR
3rd May 2014
Re: Hosting of exemption(s) in a paper granted in Intermediate and Final examinations, valid for May 2014.
Exemption(s) in a paper(s) are granted to candidates of Intermediate and Final examinations, in terms of Regulation 37C(8) and Regulation 38C(6), respectively...
Continue Reading...
Category :
Students Zone |
Comments :
0 | Hits : 1354
|
|
Deloitte may not challenge PwC
Posted Date : 05-May-2014 , 07:15:29 am | Posted By CASANSAAR
Deloitte, the statutory auditor for MCX, said it's not perturbed by critical observations about the exchange in a forensic audit by PwC because the two auditing exercises are by definition fundamentally different. "Clearly, what PwC did was as a forensic auditor. They are doing their job and we...
Continue Reading...
Category :
Auditing |
Comments :
0 | Hits : 1058
|
|
CBI moves to close graft cases against tax tribunal members
Posted Date : 05-May-2014 , 07:11:49 am | Posted By CASANSAAR
The CBI has filed closure reports in nearly a dozen cases involving around two dozen judges of various benches of the Income Tax Appellate Tribunal (ITAT) who were under probe following corruption cases registered against them between 2011-2012. The agency has concluded that there is “insuffic...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1079
|
|
Files Downloading Problem from casansaar.com has been solved
Posted Date : 04-May-2014 , 07:42:23 pm | Posted By CASANSAAR
Members were facing some problems while downloading the files from www.casansaar.com. Some Network Error Failiure was there. There were some error and now such problem has been solved. Now download the files easily & frequently. Sorry for Inconvenience......
Continue Reading...
Category :
General |
Comments :
0 | Hits : 782
|
|
Banks find it easier to offload NPAs after RBI tweaks norm: Report
Posted Date : 04-May-2014 , 10:33:46 am | Posted By CASANSAAR
A sudden rush to sell distressed assets to asset reconstruction companies (ARCs) in Q4 could be attributed to the RBI allowing banks to write back the excess provisions made over the book value when the NPL is sold, says an HSBC report.
Earlier, if the sale was for a value higher than the n...
Continue Reading...
Category :
Banking |
Comments :
0 | Hits : 885
|
|
CA IPCC / FINAL May 2014 Admit Card Download Online
Posted Date : 03-May-2014 , 10:43:00 am | Posted By CASANSAAR
Admit Card May 2014 Exams
Admit Cards for May 2014 CA IPCC and CA Final Exams are released by ICAI on 2nd May 2014
Download your Admit Card below:
IMP: In such cases where your photograph is not on the admit card, you should carry a photo identity card issued by the Govt. or...
Continue Reading...
Category :
Students Zone |
Comments :
0 | Hits : 1868
|
|
RBI switches 30 banks to risk-based supervision
Posted Date : 03-May-2014 , 10:23:30 am | Posted By CASANSAAR
The Reserve Bank of India, scrapping its age-old practice of CAMELS inspection, has switched 30 banks to risk-based supervision, indicating what could be the beginning of the regulator's micro management of banks. The CAMELS (capital adequacy, asset quality, management, earnings, liquidity, and...
Continue Reading...
Category :
Banking |
Comments :
0 | Hits : 1396
|
|
FTIL defers stake sale as bidders want full PwC report
Posted Date : 03-May-2014 , 10:20:36 am | Posted By CASANSAAR
Financial Technologies India Ltd (FTIL) has decided to postpone its decision for divesting 24 per cent stake in the Multi Commodity Exchange (MCX) to May 10, as bidders did not submit binding bids.
FTIL said in a statement issued after the board meeting here on Friday that with MCX releasing execut...
Continue Reading...
Category :
Shares & Stock |
Comments :
0 | Hits : 856
|
|
|
