WhatsApp allows HIDE LAST SEEN feature on Android
Posted Date : 22-Feb-2014 , 10:00:40 pm | Posted By CASANSAAR
The feature that allows you to hide your "last seen" status on WhatsApp has been exclusive to the iPhone for years now. WhatsApp right on the heels of their multi-billion dollar deal with Facebookhas finally decided to let the Android family join in as well. Android users can rejoice as you can...
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General |
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Explain auditor
Posted Date : 22-Feb-2014 , 08:45:42 am | Posted By CASANSAAR
The Forward Markets Commission (FMC) has sought detailed comments from the Multi Commodity Exchange (MCX) on the findings of PricewaterhouseCoopers (PwC) on alleged violations in its books.
In its interim report, PwC has indicated that MCX has violated several provisions of the Companies Ac...
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Auditing |
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I-T dept identifies 21.75 lakh tax Non-Filers
Posted Date : 21-Feb-2014 , 09:45:30 pm | Posted By CASANSAAR
In a last-ditch effort to meet revenue targets, the Income TaxDepartment today said it has identified 21.75 lakh new "potential non-filers", and urged all tax payers to disclose their true income and pay appropriate taxes.
The department had initiated a business intelligence project in F...
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Income Tax |
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Introduction of E-Insurance in the Insurance Sector
Posted Date : 21-Feb-2014 , 09:34:44 pm | Posted By CASANSAAR
Insurance Regulatory and Development Authority (IRDA) has introduced E-insurance in the insurance sector The IRDA has informed that as on date the Authority has granted certificate of registration to five entities to dematerialize insurance policies and store them in an electronic form. These are:&n...
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General |
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Government Urges all Tax Payers to Disclose Their True Income and Pay Appropriate Taxes
Posted Date : 21-Feb-2014 , 09:32:14 pm | Posted By CASANSAAR
The Income Tax Department, Department of Revenue, Ministry of Finance has now conducted the second round of data matching which has identified additional 21.75 lakh potential non-filers. The Department has sent letters to the 50,000 potential non filers in the first batch. The information ...
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Income Tax |
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Rules for Issuing Pan Card
Posted Date : 21-Feb-2014 , 09:31:22 pm | Posted By CASANSAAR
The Income Tax Department has made changes in rules for issuing Permanent Account Number (PAN) Card. It has vide notification S.O. 3794 (E) dated 23.12.2013, amended Rule 114 of the Income-tax Rules, 1962 to provide , inter alia, that the application for allotment of PAN shall be accompanied by proo...
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Income Tax |
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IT Departmentt Releases updated utility of Form 15CA
Posted Date : 21-Feb-2014 , 09:28:18 pm | Posted By CASANSAAR
Tax deductor and collector holding valid TAN can register and use the TAN based credentials to file Form 15CA but to fill form 15CA if no tax is been deducted it is still not mandatory for remitter to have TAN.
Link To Register on Income Tax E-Filing Webs...
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Income Tax |
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NPA-laden United Bank's CMD Archana Bhargava takes voluntary retirement
Posted Date : 21-Feb-2014 , 03:11:00 pm | Posted By CASANSAAR
The chairperson and managing director of Kolkata-headquartered United Bank of India Archana Bhargava has taken voluntary retirement.
Her retirement comes in the wake of a surge in bad loans and the bank posting a loss in the third quarter.
United Bank’s gross non-performing a...
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Banking |
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Company Secretary December 13 Exam results to be released on February 25
Posted Date : 21-Feb-2014 , 08:38:14 am | Posted By CASANSAAR
Institute of Company Secretaries of India (ICSI), the only certifying body for Company Secretaryaspirants, will declare on February 25, 2014 the results of Professional Programme, Executive Programme (Old Syllabus), Executive Programme (New Syllabus) and OMR based Foundation Programme Examinati...
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Students Zone |
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PwC forensic audit finds diverse violations by MCX
Posted Date : 21-Feb-2014 , 08:29:18 am | Posted By CASANSAAR
The unregulated National Spot Exchange Ltd (NSEL) was not the only entity in the Financial Technologies (FTIL) group ridden with irregularities. A forensic audit by PricewaterhouseCoopers has reported several alleged violations from the books of fully regulated Multi Commodity Exchange (MC...
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Auditing |
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Salary credit to non-resident external rupee account not taxable
Posted Date : 21-Feb-2014 , 08:21:03 am | Posted By CASANSAAR
Indian employees working overseas often face litigation over taxation of theiroverseas salary income, if such salary is received in India. This is because a non-resident can be subjected to tax in India on that portion of the income which is received in India.
The Income Ta...
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Income Tax |
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SEBI makes setting up whistle-blower mechanism mandatory for companies
Posted Date : 20-Feb-2014 , 10:20:18 pm | Posted By CASANSAAR
Amid a growing number of scams related to corrupt practices in corporate India, market watchdog Securities and Exchange Board of India (Sebi) has decided to make it mandatory for listed companies to have a whistle-blower mechanism for their employees and directors.
The mechanism w...
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Income Tax |
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When Facebook turned down WhatsApp Co-Founder for a Job
Posted Date : 20-Feb-2014 , 09:50:39 pm | Posted By CASANSAAR
Jan Koum and Brian Acton have become overnight billionaires, courtesy Facebook buying their startup WhatsApp. However, things were not so great for the two till a few years ago. While Acton, who was looking for a job, faced rejection at Facebook and Twitter; Koum used to queue up...
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International Business |
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GlaxoSmithKline's Rs 6,400 cr FDI proposal cleared by govt
Posted Date : 20-Feb-2014 , 01:23:23 pm | Posted By CASANSAAR
The government today cleared Rs 6,400 crore FDI proposal of global healthcare company GlaxoSmithKline to acquire additional 24.33 per cent stake in its India arm.
The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal of GlaxoSmithKline Pte Limited, Singapore for acquisi...
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Finance |
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NIRC Vice-Chairman's Firm appointed as Auditor of ICAI Noida Branch
Posted Date : 20-Feb-2014 , 10:58:43 am | Posted By CASANSAAR
Through RTI it is revealed that M/s. RAG & ASSOCIATES, 622 Sector-46A, Noida-201301(UP) has been appointed Statutory Auditor to Conduct Audit of Noida Branch for the year 2013-2014. CA.Raj Chawla (NIRC Vice Chairman) is a Sr.Partner in RAG & Associates.
Sources have also informed th...
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ICAI |
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Facebook to buy mobile messaging app WhatsApp for $16 billion
Posted Date : 20-Feb-2014 , 08:13:20 am | Posted By CASANSAAR
Facebook Inc will buy fast-growing mobile-messaging startup WhatsApp for $16 billion in cash and stock, as the world's largest social network looks for ways to boost its popularity, especially among a younger crowd.
Facebook said on Wednesday it will pay $4 billion in cash and about $12 billion in ...
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Merger & Acquisitions |
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Finance minister asks United Bank of India to fix responsibility for non-performing assets
Posted Date : 20-Feb-2014 , 07:56:24 am | Posted By CASANSAAR
The finance ministry has asked United Bank of India (UBI) to identify executives responsible for the lender's failure to spot swelling bad debt, resulting in a loss at the Kolkata-headquartered lender in the December quarter.
The move comes as the ministry has mandated all...
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Banking |
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Interest on loan for stocks not tax-deductible
Posted Date : 20-Feb-2014 , 07:51:59 am | Posted By CASANSAAR
Tax laws provide that expenditure incurred in relation to exempt income will not be allowed as a deduction in the hands of the tax payer. The Central Board of Direct Taxes (CBDT), in a recent circular, has further clarified that such deduction will not be allowed against other taxable income, e...
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Income Tax |
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0 | Hits : 1003
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Lok Sabha passes Interim Budget
Posted Date : 19-Feb-2014 , 10:07:17 pm | Posted By CASANSAAR
Lok Sabha passed the Interim Budget for the financial year 2014-15 without much discussion on Wednesday.
Finance Minister P Chidambaram introduced the Appropriation Bill and the Finance Bill amid din in the House by a voice vote.
The Bills were passed without much discussion and on...
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Budget |
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Government plans to form new company to manage CSR funds of PSUs
Posted Date : 19-Feb-2014 , 12:55:38 pm | Posted By CASANSAAR
The Union government is looking at a proposal to float a company to managecorporate social responsibility (CSR) funds of all central public sector enterprises, to ensure efficient implementation of this social initiative and to free companies from additional responsibility.
The min...
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Corporate Law |
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0 | Hits : 917
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Know status of your PAN/ TAN on Phone
Posted Date : 19-Feb-2014 , 11:56:28 am | Posted By CASANSAAR
Interactive Voice Response (IVR) for knowing the status of your PAN/ TAN application is now available at TIN call centre (TCC) in Hindi/English language. You may call on 020- 27218080 to check the status of your application....
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Income Tax |
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CA Vijay Choudhary appointed as Director of Educomp Solutions Limited
Posted Date : 19-Feb-2014 , 10:37:11 am | Posted By CASANSAAR
It's a matter of huge proud and honor to Congratulate CA Vijay Choudhary for being appointed as Director in Educomp Solutions Limited (A leading company in satellite education business with the name of ETEN).
CA.Vijay is a Former member of Fiscal Laws Committee and Research Committee of ICA...
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Category :
Corporate Law |
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0 | Hits : 989
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United Bank of India faces an uncertain future
Posted Date : 19-Feb-2014 , 09:21:17 am | Posted By CASANSAAR
It faces an uncertain future in a market-driven economy as its pile-up of bad loans and weak capital structure leave little scope for the state-run bank to continue with a business-as-usual approach. Banks across the nation are facing tough times and hardly any banker is smiling these days, tha...
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Banking |
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Subscribers of private PF trusts may lose tax benefits
Posted Date : 19-Feb-2014 , 09:05:51 am | Posted By CASANSAAR
The Employees’ Provident Fund Organisation (EPFO) is trying to expedite cases for exemption certificates for private provident funds after the Interim Budget failed to extend a crucial deadline that expires on March 31, leaving employees of at least 50 firms without tax benefits.
&ldq...
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Income Tax |
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0 | Hits : 887
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Companies, LLPs can't use 'National' in their names
Posted Date : 19-Feb-2014 , 08:50:42 am | Posted By CASANSAAR
Companies and limited liability partnership firms floated by private entities should not use the word 'National' in their names, the government has said. The Corporate Affairs Ministry's latest move comes against the backdrop of instances where private entities are using the word 'National' in ...
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Corporate Law |
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0 | Hits : 917
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Listed firms will have to file IPO-like document annually
Posted Date : 18-Feb-2014 , 11:26:44 pm | Posted By CASANSAAR
All listed companies might soon have to prepare an annual information memorandum (AIM), a public document with all relevant information about their financial and operating performance.
In a discussion paper released on Tuesday, the Securities and Exchange Board of India (Sebi) has prescri...
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SEBI |
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Central Excise Deptt.asks BJP to Pay service tax on Modi rally tickets
Posted Date : 18-Feb-2014 , 10:34:23 pm | Posted By CASANSAAR
In a curious notice to BJP, the Central Excise Department has demanded payment of service tax by BJP on tickets for entry to its Prime Ministerial candidate Narendra Modi’s rallies.
Directorate General of Central Excise Intelligence (DGCEI), Ludhiana wing, has shot off a letter to BJP...
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Service Tax |
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ICAI to set up a
Posted Date : 18-Feb-2014 , 08:45:19 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) will create a cloud campus and high technology laboratories for training students of chartered accountancy (CA), said its president K. Raghu.
The cloud campus will bring together CA students, besides hosting study material, e-book...
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Students Zone |
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0 | Hits : 1725
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Companies to hire 1,000 women Directors by Oct
Posted Date : 18-Feb-2014 , 08:23:24 am | Posted By CASANSAAR
Stock market regulator the Securities and Exchange Board of India’s (Sebi) decision to make it mandatory for every listed company to have at least one lady director on its board will open India Inc’s boardroom doors to nearly 1,000 new women directors.
Sebi recently announced ...
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Corporate Law |
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0 | Hits : 1343
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Vote on Account 2014: Government to miss tax revenue target by Rs 77,000 crore
Posted Date : 17-Feb-2014 , 08:29:14 pm | Posted By CASANSAAR
The government is likely to miss gross tax revenue target by about Rs 77,000 crore in the current fiscal due to economic slowdown.
As per the Interim Budget 2014-15 tabled in Parliament today, the government would garner Rs 11.58 lakh crore in 2013-14 as against Rs 12.35 lakh crore projected earlie...
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Category :
Budget |
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