Public Sector Banks take Action against Various Officers/Employees for Violation of Banking Norms and Regulations
Posted Date : 07-May-2013 , 07:30:18 pm | Posted By CASANSAAR
In connection with Cobrapost, Red Spider 2 Expose which was released yesterday, Shri Rajiv Takru, Secretary, Department of Financial Services (DFS), Ministry of Finance had asked the Chairman cum Managing Directors (CMDs) of various Public Sector Banks (PSBs) and Life Insurance Corporation (LIC) of ...
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Banking |
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Government Approves 17 Proposals of Foreign Direct Investment Amounting to about Rs.262.5594 Crore
Posted Date : 07-May-2013 , 07:28:31 pm | Posted By CASANSAAR
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on March 13, 2013, the Central Government has approved Seventeen (17) proposals of Foreign Direct Investment amounting to ...
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International Business |
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0 | Hits : 782
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RBI to issue clarifications on bank licences soon
Posted Date : 07-May-2013 , 05:48:04 pm | Posted By CASANSAAR
The Reserve Bank of India (RBI) will shortly come out with its clarifications on issuing licences for more private sector banks, the Finance Ministry said on Tuesday.
The RBI has received queries from different individuals and entities on various aspects of ‘Guidelines for Licensing o...
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RBI |
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0 | Hits : 740
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Restriction on pursuing additional course during Articled Training/ Breach of CA Regulation 65 - Serious view taken by the ICAI
Posted Date : 07-May-2013 , 03:46:05 pm | Posted By CASANSAAR
For attention of Members and StudentsRestriction on pursuing additional course during Articled Training/ Breach of CA Regulation 65 - Serious view taken by the Institute
As you are aware, the Council of the Institute, under Regulation 65 of the Chartered Accountants Regulations, 1...
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ICAI |
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1 | Hits : 1811
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Watch online Live Streaming of IPL Cricekt Matches
Posted Date : 07-May-2013 , 03:45:10 pm | Posted By CASANSAAR
Many people who are pre-occupied with work commitments and cannot devote time to watch the match on TV. Now Watch Live Cricket Matches online while doing your work on Net.
The live streaming of cricket matches is rapidly becoming a new rage in the online media and is catching up with lot of cricket...
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General |
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0 | Hits : 6459
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BSE brokers plan to launch apps that allow trading through Facebook accounts
Posted Date : 07-May-2013 , 08:54:38 am | Posted By CASANSAAR
Keen to woo a new class of young retail investors, a dozen brokers are gearing up to launch Facebook apps that will allow clients to execute stock trades on the BSE platform from the familiar comfort of their Facebook accounts. Kerala-based retail brokerage Geojit BNP P...
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Shares & Stock |
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0 | Hits : 681
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Sebi mulls steps to check manipulation through BBM, WhatsApp
Posted Date : 07-May-2013 , 08:46:46 am | Posted By CASANSAAR
The Securities and Exchange Board of India ( Sebi) is concerned over sensitive information that could be used to rig stock markets being passed on over smartphones through encrypted services such as BlackBerry Messenger ( BBM), WhatsApp and Viber.Sebi's investigations into a number of insi...
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SEBI |
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0 | Hits : 834
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Government Asks CMDS of Public Sector Banks and LIC to Initiate Immediate Action Against those Exposed by Cobrapost
Posted Date : 07-May-2013 , 08:14:59 am | Posted By CASANSAAR
In connection with Cobrapost, Red Spider 2 Expose that was released today morning, the Secretary, Department of Financial Services Shri Rajiv Takru has asked the Chairman cum Managing Directors (CMDs) of various Public Sector Banks (PSBs) Including Allahabad Bank. Andhra Bank, Bank of Baroda, Bank o...
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Finance |
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0 | Hits : 802
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Students can no longer study commerce and CA together
Posted Date : 06-May-2013 , 08:48:16 am | Posted By CASANSAAR
With the four-year degree course, students can no longer study chartered accountancy and a baccalaureate of commerce together. This will come as a setback to those students who were planning to pursue both these qualifications simultaneously.
Says Karan Aggarwal, a charte...
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Category :
Students Zone |
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0 | Hits : 4607
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As 1 lakh tax notices get 1.3 lakh returns, a new strategy is born
Posted Date : 06-May-2013 , 08:38:06 am | Posted By CASANSAAR
Last year, the taxman sent out 1 lakh tax notices to a list of 12 lakh persons identified as not filing their annual returns even though their expenditure patterns suggested the need to pay taxes. Based on data collected from a variety of sources — annual information returns or AIR in tax jarg...
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Category :
Income Tax |
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0 | Hits : 1241
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I-T department detects unaccounted assets worth over Rs 1,400 crore
Posted Date : 06-May-2013 , 08:36:52 am | Posted By CASANSAAR
Stepping up its effort to unearth black money, the finance ministry has detected unaccounted income and assets worth over Rs 1,400 crore during the first three months of this year.
The detection came to light after Financial Intelligence Unit (FIU), an agency tasked with analysing a...
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Income Tax |
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0 | Hits : 863
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Tax Audit, Transfer pricing Audit & S.115JB Report to be filed online from A.Y. 2013-14
Posted Date : 06-May-2013 , 07:53:27 am | Posted By CASANSAAR
CBDT has vide Notification No.NOTIFICATION NO. 34/2013, DATED 1-5-2013 provided that where an assessee is required to furnish a report of audit under sections 44AB, 92E or 115JB of the Act, he shall furnish the same electronically. Online filing of following audit reports shall ...
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Income Tax |
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0 | Hits : 2014
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Mandatory e-filing of Income Tax Return AY 2013-14 for Whom?
Posted Date : 06-May-2013 , 07:51:42 am | Posted By CASANSAAR
Mandatory e-filing of return if income exceeds Rs. 5,00,000 or assessee claims relief U/s. 90, 90A or 91
CBDT has vide notification No. 34/2013 dated 01.05.2013 has made it mandatory for the following category of the Assesses to file their Income Tax Return Online from...
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Category :
Income Tax |
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0 | Hits : 2480
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Companies expand background check on jobseekers
Posted Date : 05-May-2013 , 05:20:55 pm | Posted By CASANSAAR
Amid growing risks of staff-driven security threats and corporate frauds, companies have begun conducting regulatory, compliance and criminal record checks of people seeking jobs with them and are also scanning the social media platforms for due diligence, say experts.
Apart from the practi...
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General |
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0 | Hits : 889
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PSU banks stop hiring from B-Schools/CAMPUS after court order
Posted Date : 05-May-2013 , 08:32:19 am | Posted By CASANSAAR
Public sector banks are now planning to appeal in the Supreme Court against the restriction imposed on hiring from business schools. A recent ruling by the Bombay High Court had said restrained campus recruitment for appointment of officers by Central Bank of India.
M V Tanksale, chairman and manag...
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Category :
ICAI |
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0 | Hits : 1453
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RBI tightens screws on gold funding
Posted Date : 05-May-2013 , 08:13:01 am | Posted By CASANSAAR
The apex also said detailed guidelines on the same will be issued by the end of the month.
Amid a steep fall in gold prices recently and the resultant risks to the system, RBI today further tightened screws on gold loans by banks, restricting them to finance import of the ...
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RBI |
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0 | Hits : 778
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Cost accountants suggest simple format to collect companies data
Posted Date : 05-May-2013 , 08:06:45 am | Posted By CASANSAAR
Amid instances of people getting duped by fraudulent money pooling schemes, the Institute of Cost Accountants of India ( ICAI) today suggested a simple format for collecting financial data that would help the public to have a better understanding about the activities of companies.&nbs...
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ICWAI |
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0 | Hits : 865
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Rohtak-based Chartered Accountant ranked Fifth in the Civil Services examination.
Posted Date : 04-May-2013 , 08:30:34 am | Posted By CASANSAAR
Sending a strong message to the Haryanvi society which is known for its obsession towards the male child, daughter of a Rohtak-based chartered accountant ranked fifth in the civil services examination.
Ruchika Katyal's achievement has brought laurels to Mansarovar locality, and people are cel...
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Category :
ICAI |
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0 | Hits : 2673
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HC calls bigamy moral turpitude, okays ban on CA
Posted Date : 04-May-2013 , 08:13:20 am | Posted By CASANSAAR
Holding that bigamy is 'moral turpitude', the Madras high court has upheld the ban on a chartered accountant from practising on the ground of bigamy. P Mohanasundaram, a Chennai-based chartered accountant, was removed from the register by the Institute of Chartered Accountants of India in ...
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ICAI |
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0 | Hits : 1383
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ITR-1 SAHAJ, ITR 2, ITR 3, SUGAM (ITR-4S), ITR-4, ITR 5 for A.Y. 2013-14
Posted Date : 04-May-2013 , 07:45:04 am | Posted By CASANSAAR
We have uploaded below ITR 1- Sahaj, ITR 2, ITR 3, ITR-4, SUGAM (ITR-4S), ITR 5, applicable for Assessment year 2013-14 and Financial Year 2012-13.
Popular key words -
ITR Excel Format, ITR for A.Y. 2013-14, ITR for F.Y. 2012-13, ITR for Assessment...
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Category :
Income Tax |
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0 | Hits : 16848
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RBI asks banks to bring metropolitan areas under lead bank scheme
Posted Date : 04-May-2013 , 07:39:03 am | Posted By CASANSAAR
The Reserve Bank of India has asked banks to bring in metropolitan areas under the lead bank scheme for the first time, a move aimed at providing to the urban poor doorstep banking and direct transfer of cash benefits under social welfare programmes. Financial exclusion is not merely a rural ph...
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RBI |
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0 | Hits : 789
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Sebi looking to regulate large investors to ensure level palying field for brokers
Posted Date : 04-May-2013 , 07:37:37 am | Posted By CASANSAAR
Capital market regulator Sebi is trying to find a way to regulate large investors who place their trading servers within the exchange premises to gain a split second advantage - a practice that makes markets more vulnerable to flash crash. Better known as co-location, stock exchanges and o...
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SEBI |
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0 | Hits : 666
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Government proposes to provide 15% concession on investment of more than Rs. 100 crore on project and automation in manufacturing sector
Posted Date : 04-May-2013 , 07:32:37 am | Posted By CASANSAAR
The Government proposes to provide 15% concession on investment of more than Rs. 100 crore on project and automation in manufacturing sector of the country from 1st April, 2013 to 31st March, 2015. In order to encourage substantial investment in plant or machinery, the Finance Bill, 2013 propos...
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Category :
Income Tax |
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0 | Hits : 709
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Gratuity Pay under New Pension System
Posted Date : 04-May-2013 , 07:31:10 am | Posted By CASANSAAR
Death-cum-Retirement Gratuity is paid to Central Government employees under New PensionSystem (NPS) as it is paid under the old pension scheme. The monthly annuity under the New Pension System (NPS) is only a replacement of pension on retirement and family pension of death after reti...
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General |
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0 | Hits : 845
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CBDT notifies ITR for A.Y. 2013-14 / FY 2012-13
Posted Date : 03-May-2013 , 10:25:18 pm | Posted By CASANSAAR
INCOME-TAX (THIRD AMENDMENT) RULES, 2013 – AMENDMENT IN RULE 12 & SUBSTITUTION OF FORMS SAHAJ (ITR-1), ITR-2, ITR-3, SUGAM (ITR-4S), ITR-4 AND ITR-V
NOTIFICATION NO. 34/2013 [F.NO.142/5/2013-TPL]/SO 1111(E), DATED 1-5-2013
In exercise of the ...
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Category :
Income Tax |
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0 | Hits : 1955
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Ekta Kapoor's Balaji Telefilms guilty of 30 crores' tax evasion
Posted Date : 03-May-2013 , 03:38:22 pm | Posted By CASANSAAR
Bollywood producer Ekta Kapoor's firm Balaji Telefilms has been found guilty of tax evasion of upto 30 crores.
Three days ago, nearly 100 income tax officers raided the home and offices of Ms Kapoor in Mumbai.
When she was interrogated, sources said that Ms Kapoor, whose father Jeetendra is a famo...
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Income Tax |
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0 | Hits : 1031
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RBI cuts repo rate by 25 bps, CRR unchanged at 4%
Posted Date : 03-May-2013 , 11:25:35 am | Posted By CASANSAAR
The Reserve Bank of India (RBI) in its Monetary Policy Statement for 2013-14 cut repo rate by 25 basis points. The Cash Reserve ration ( CRR) was maintained at 4%. Most economists in an ET poll had already factored in a 25 basis points rate cut. On Thursday, R...
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RBI |
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0 | Hits : 837
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MCA to discuss performance issues of MCA21 with CAs, CSs
Posted Date : 03-May-2013 , 09:02:25 am | Posted By CASANSAAR
The ministry of corporate affairs (MCA) has organised a meeting in Mumbai with chartered accountants (CAs), company secretaries (CSs) and cost accountants to understand performance issues with its MCA21 portal. The interactive meeting would take place on 6 May 2013...
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Category :
Income Tax |
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0 | Hits : 974
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Sebi fines RIL subsidiary Rs.11 crore in insider trading case
Posted Date : 03-May-2013 , 08:54:58 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) has fined Reliance Industries group entity Reliance Petroinvestments (RPIL) Rs 11 crore for violating insider trading norms in the shares of erstwhile IPCL before its merger with RIL.
"It may be concluded that by virtue of RPIL having contro...
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SEBI |
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0 | Hits : 770
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RBI shows concern over high overseas debt for financing current account deficit
Posted Date : 02-May-2013 , 08:11:54 pm | Posted By CASANSAAR
India's strong dependence on external and short term debts for financing current account deficit remains a concern even as the deficit may be moderated in the fourth quarter due to fall in global commodity prices. Reserve Bank of India said volatility in such flows remains ...
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RBI |
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0 | Hits : 703
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