RBI to banks: Alert customers on fraud remittance schemes
Posted Date : 19-May-2014 , 08:33:29 am | Posted By CASANSAAR
To ensure that customers do not fall prey to fraudulent schemes promising cheaper funds from abroad, the Reserve Bank of India wants banks to consider prominently displaying messages cautioning them about the schemes on their websites as well as branch/ATM locations.
The central bank also s...
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RBI |
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Over 30 entities under SEBI lens for unusual trading on May 16
Posted Date : 18-May-2014 , 01:55:05 pm | Posted By CASANSAAR
More than 30 entities, including brokers and high net worth individuals, have come under the scanner of market watchdog SEBI for unusual trading activities on the day of Lok Sabha election results.The trading activities of these entities came to the notice of the regulator on May 16, the day results...
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SEBI |
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Winners of Election Exit Opinion Polls Contest by CASANSAAR
Posted Date : 17-May-2014 , 10:53:58 am | Posted By CASANSAAR
CASANSAAR had organized the Exit Opinion Polls contest. Many members have sent their responses to guess/perdict BJP and Congress election figures. Following members have guessed/perdicted the BJP seats (282) correctly and hence are declared as winners: Many Congratulations!!!
1. CA. H...
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General |
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0 | Hits : 1311
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ICAI to ask University of Mumbai to reschedule LLB exam, prevent clash
Posted Date : 16-May-2014 , 10:02:01 pm | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) plans to send a representation letter to the University of Mumbai requesting it to postpone the examination dates for LLB students. The May 26 LLB exam clashes with the CA final paper conducted by ICAI.
Environmental law, the last paper of stud...
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Students Zone |
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0 | Hits : 955
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Download online / offline utility for e-Filing of ITR 2 for AY 2014-15
Posted Date : 16-May-2014 , 09:55:08 pm | Posted By CASANSAAR
CBDT has released ITR-2 Online and offline Utility for A.Y. 2014-15 on its website https://incometaxindiaefiling.gov.in/. CBDT has already released Online and offline Return Filing Utility for ITR 1 & ITR 4S for AY 2014-15. So till now CBDT has laun...
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Income Tax |
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0 | Hits : 1038
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LS poll results: RBI, SEBI, Fin MIn draw up contingency plan to deal with market volatility
Posted Date : 16-May-2014 , 07:35:41 am | Posted By CASANSAAR
The Reserve Bank, SEBI and the Finance Ministry have drawn up a contingency plan to deal with any excessive market volatility when results of the general elections are declared today. Governor Raghuram Rajan told reporters in Shimla that they have placed prudential contingency plans to infuse l...
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General |
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0 | Hits : 909
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Election Exit Opinion Polls by Members of CASANSAAR
Posted Date : 15-May-2014 , 08:51:59 am | Posted By CASANSAAR
Election Exit Poll - Win Free Website of your/ your Firm name by Guessing right Election Result
Guesses/Opinions/Perdictions send by Members for No. of Seats BJP & Congress can Win Individually in Lok Sabha Elections 2014. Now lets wait & Watch for the Right answer on 16th May 2014... GOOD ...
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General |
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15 | Hits : 2029
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Promotional offer of Web-Designing for Professionals is going to close on TODAY,15/05/2014
Posted Date : 15-May-2014 , 08:20:19 am | Posted By CASANSAAR
CASANSAAR had offered to Professionals (CA, CS, CMAs) to create their own website. It was a promotional offer for limited period.
We have received tramandous response for it and designed more then 135 websites in last few weeks. The promotional offer is now going to be closed on 15/05...
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General |
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0 | Hits : 1303
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RBI panel recommends one-licence policy for all banks
Posted Date : 15-May-2014 , 08:11:13 am | Posted By CASANSAAR
The RBI’s vision of a uniform licence regime for the banking sector was proposed in a panel report on Tuesday that recommended a one-licence policy for all banks , irrespective of the ownership pattern. This will include all public sector, private sector (old and new) and foreign banks operati...
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Banking |
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0 | Hits : 1070
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Important Announcement of change of Examination Centre in Siliguri (West Bengal)
Posted Date : 14-May-2014 , 09:19:59 pm | Posted By CASANSAAR
No. 13-CA (EXAM)/M/2014/Siliguri &n...
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Students Zone |
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0 | Hits : 779
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Sebi notice to Delhi resident for buying over Rs 2,000 crore shares
Posted Date : 14-May-2014 , 08:24:38 am | Posted By CASANSAAR
Santosh Kumar Garg, a resident of west Delhi, has got a notice from the Securities and Exchange Board of India (Sebi) over share purchases worth more than Rs 2,000 crore on Friday when markets scaled new heights. "We have showcaused an individual investor," a senior Sebi official told ET. "We w...
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Shares & Stock |
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0 | Hits : 1659
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Frequently Asked Questions (FAQs) on e-Filing Under Companies Act, 2013
Posted Date : 14-May-2014 , 08:08:36 am | Posted By CASANSAAR
1. What are the steps for online e-filing?
1. When the business or the registered users access the MyMCA portal, they enter their username and authentication details – Password/ Digital Certificate.
2. The user will be shown a list of eForms category-wise under eForms ...
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Corporate Law |
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0 | Hits : 2215
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FM asks banks to be tough on wilful defaulters
Posted Date : 13-May-2014 , 10:46:47 pm | Posted By CASANSAAR
Exhorting public sector banks to take tough action against wilful defaulters, Finance Minister P Chidambaram today said a situation where "promoter is prosperous but company is sick" is not acceptable.
In his meeting with heads of state-owned banks, he said tough measures need to be...
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Banking |
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0 | Hits : 844
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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...
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General |
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0 | Hits : 820
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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...
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General |
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1 | Hits : 1510
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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...
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RBI |
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0 | Hits : 929
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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,...
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Income Tax |
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0 | Hits : 1013
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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...
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General |
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0 | Hits : 823
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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 ...
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Corporate Law |
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0 | Hits : 1308
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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...
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Banking |
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0 | Hits : 898
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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...
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ICSI |
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0 | Hits : 1344
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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...
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Income Tax |
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0 | Hits : 1199
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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...
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Students Zone |
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0 | Hits : 1256
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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 ...
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Auditing |
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0 | Hits : 1141
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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...
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Banking |
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0 | Hits : 909
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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...
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Auditing |
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0 | Hits : 998
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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....
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Corporate Law |
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0 | Hits : 1007
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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...
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Income Tax |
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0 | Hits : 906
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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...
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RBI |
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0 | Hits : 1253
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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...
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Shares & Stock |
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0 | Hits : 821
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