Vodafone gets I-T department reminder on $2 bn tax dues
Posted Date : 05-Jan-2013 , 03:02:41 pm | Posted By CASANSAAR
British telecommunications carrier Vodafone Group Plc said on Saturday it has received a reminder from Indian tax authorities on disputed tax dues over its 2007 acquisition of Indian mobile assets.
Vodafone, the world's biggest mobile operator by revenue, said in a statement the reminder do...
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Income Tax |
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ICAI to conduct CPT Exams on 16th June, 2013 in Paper- Pencil Mode
Posted Date : 04-Jan-2013 , 09:11:44 am | Posted By CASANSAAR
The Institute of Chartered Accountantsof India
NOTIFICATION
2nd January, 2013
No.13-CA (EXAM)/CPT/ June/2013: In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to notify th...
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ICAI |
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Companies must give sales data to stock exchanges first: Sebi
Posted Date : 04-Jan-2013 , 09:06:11 am | Posted By CASANSAAR
The capital market regulator has made it mandatory for companies to disclose monthly sales, turnover or production figures first to stock exchangesbefore giving the data to industry associations or the media."It has been brought to our notice that certain listed companies have been gi...
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SEBI |
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CCI Modifies Apartment Buyers Agreement In The DLF Case
Posted Date : 04-Jan-2013 , 09:03:11 am | Posted By CASANSAAR
The Competition Commission of India passed a supplementary order modifying the Apartment Buyers Agreement entered into between DLF and the apartment allottees. This order under Section 27 of the Competition Act, 2002 relates to the order of the Hon’ble Competition Appellate Tribunal of March 2...
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Corporate Law |
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Recounting demanded by Vinod Jain at NIRC Central Council Voting
Posted Date : 03-Jan-2013 , 09:32:18 pm | Posted By CASANSAAR
It is learnt from sources that CA Vinod Jain ( Ballot No. 10) has claimed recounting of Central Council Votes for NIRC.
Vinod Jain is a sitting Member of Central Council & Lost his Seat in this Election. He was on Position 7th.Recounting may be start today or tomorrow.
CURR...
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ICAI |
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NIRC: Central Council Final result. Two sitting council members lost
Posted Date : 03-Jan-2013 , 09:27:51 pm | Posted By CASANSAAR
Here is the final result of the Central Council. While elimination of Vinoj Jain completes, the ranking may change, but the winners remains the same.Pankaj Tyagee and Vinod Jain, two sitting Central Council members lost the elections and couldn't make it again to the council.
Rank...
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ICAI |
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CAG's authority of auditing oil and gas blocks unquestionable: PMEAC
Posted Date : 03-Jan-2013 , 02:56:04 pm | Posted By CASANSAAR
The Prime Minister’s Economic Advisory Council (PMEAC) has put to rest all the speculation and confusion about the Comptroller and Auditors General’s power of auditing oil and gas blocks operated by private firms.
Referring to oil and gas block contracts operated by the privat...
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Auditing |
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U.S. court dismisses claims against former Satyam directors
Posted Date : 03-Jan-2013 , 02:54:57 pm | Posted By CASANSAAR
A U.S. court has dismissed civil claims filed against former independent directors of erstwhile Satyam Computer, saying they themselves were victims of over $ 1-billion accounting fraud at Indian IT firm.
Hearing the petition, the US District Court Judge Barbara Jones of...
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International Business |
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Tax officials seize 'US bonds' worth Rs. 28,000 cr in raid
Posted Date : 03-Jan-2013 , 12:04:35 pm | Posted By CASANSAAR
Income-tax officials have seized documents believed to be US Treasury bonds worth Rs. 28,000 crore during a raid on the premises of a businessman in Tirupur district.
The raids were carried out on the residence of Ramalingam at Upputhurai Palayam village on December 31 night, of...
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Income Tax |
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0 | Hits : 979
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Sebi moots stronger norms for share buybacks
Posted Date : 02-Jan-2013 , 07:29:39 pm | Posted By CASANSAAR
Sebi has proposed significant changes to existing framework for buyback of shares by companies from open market, that require the process be to complete in three months and minimum repurchase to be 50 per cent of the target.
The proposals are primarily aimed at ensuring that only serious companies ...
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SEBI |
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Government warns of tough action against excise, service tax evaders
Posted Date : 02-Jan-2013 , 06:49:12 pm | Posted By CASANSAAR
In a stern warning to evaders of excise, customs and service tax, the government today asked them to either pay the dues or face penal action which could include arrest, prosecution and property attachment.
"We are keeping a very close watch on such elements. They are advised to come for...
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Excise |
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Govt sets up Fin Commission; to look into pricing of utilities
Posted Date : 02-Jan-2013 , 06:47:42 pm | Posted By CASANSAAR
The government on Wednesday constituted the 14th Finance Commission under the Chairmanship of former RBI Governor Y V Reddy, which among other things, will suggest steps for pricing of public utilities like electricity and water in an independent manner.
Announcing the formation of t...
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Finance |
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Urjit Patel appointed RBI deputy governor
Posted Date : 02-Jan-2013 , 06:46:45 pm | Posted By CASANSAAR
Urjit Patel has been appointed as a deputy governor of the Reserve Bank of India, banking secretary DK Mittal told Reuters on Wednesday.
Patel will replace Subir Gokarn, who was heading the monetary policy department, among others in the central bank.
P...
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RBI |
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ICAI Elections 2012 - Updates on Counting of Votes (CENTRAL REGION)
Posted Date : 01-Jan-2013 , 03:22:10 pm | Posted By CASANSAAR
Central India Regional Constituency (Central Council)
Rank
Name
City
Total
1st Pref Votes
1
FADNIS MANOJ
INDORE
2105
1704
2
GARG VIJAY KUMAR
JAIPUR
2105
1689
3
GOYAL ANUJ
GHAZIABAD
...
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ICAI |
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0 | Hits : 7244
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Not all delivery-based deals qualify as investment activity - ITAT
Posted Date : 01-Jan-2013 , 07:46:45 am | Posted By CASANSAAR
Investors,who profit by frequently buying and selling shares, may have to pay higher tax if one goes by a recent order of a tax tribunal. Such profits can now be treated as business income with a 30% tax payout depending on the frequency and transaction pattern, against a short-term capital gai...
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Income Tax |
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0 | Hits : 801
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Strike by RBI staff deferred
Posted Date : 31-Dec-2012 , 10:10:57 pm | Posted By CASANSAAR
The United Forum of Reserve Bank Officers and Employees has decided to defer tomorrow's proposed nationwide strike.
The forum said in a statement that the decision to defer the strike was taken after the RBI management gave an assurance that the currency and coins counters of the central ba...
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RBI |
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Extension of Common Proficiency Course (CPC) registration date upto 2nd April, 2013 for appearing in the June, 2013 Common Proficiency Test (CPT)
Posted Date : 31-Dec-2012 , 08:02:40 pm | Posted By CASANSAAR
For the Attention of Students -Registration for Common Proficiency Course (CPC)
BoS/Announcement/227/12
December 27, 2012
Sub: Extension of Common Proficiency Course (CPC) registration date upto 2nd April, 2013 for appearing in the June, 2013 Common Proficiency Test (CPT)
...
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Students Zone |
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0 | Hits : 775
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India
Posted Date : 31-Dec-2012 , 07:25:09 pm | Posted By CASANSAAR
Department of Economic Affairs, Ministry of Finance has been compiling and releasing quarterly statistics on India’s External Debt for the quarters ending September and December every year. This relates to India’s external debt at end-September 2012.
At end-September 2012, India...
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Finance |
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0 | Hits : 751
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Sebi slaps Rs 4 lakh penalty on Indiabulls Securities
Posted Date : 31-Dec-2012 , 07:24:01 pm | Posted By CASANSAAR
Market regulator Sebi has imposed a penalty of Rs four lakh on Indiabulls Securities for allegedly violating various norms for stock brokers including delay in redressing investor complaints.
Sebi has slapped the fine on Indiabulls Securities for not taking adequ...
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SEBI |
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Film industry to fast against service tax on January 7
Posted Date : 31-Dec-2012 , 08:35:54 am | Posted By CASANSAAR
Movie-goers may want to mark January 7 on their calendar as the theatres in the city are likely to remain shut. Theatre owners have been requested to remain closed as a mark of support to the film fraternity's day-long fast demanding repeal of service tax by the Centre.
The Tamil fi...
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Service Tax |
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0 | Hits : 1014
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New intelligence unit to detect corporate frauds: Sachin Pilot
Posted Date : 30-Dec-2012 , 07:01:55 pm | Posted By CASANSAAR
Faced with a growing number of financial frauds, theCorporate Affairs Ministry is setting up a new intelligence unit that will delve into 'data mining' from all possible sources to detect any wrongdoings by the companies and their promoters at the earliest possible stage.
"In the Ministry, we ...
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Corporate Law |
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RBI defers implementation of Basel III norms to April 1
Posted Date : 30-Dec-2012 , 09:25:10 am | Posted By CASANSAAR
The Reserve Bank of India has rescheduled the date for implementation of Basel III norms to April 1. The earlier deadline was January 1, 2013.
This comes as a relief for banks as Basel III norms require the equity capital of a bank to be not less than 5.5 per cent of risk-weighted loans, as per the...
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RBI |
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ICAI Elections 2012 - Final Position on Counting of Votes (EASTERN REGION)
Posted Date : 29-Dec-2012 , 09:56:24 pm | Posted By CASANSAAR
Eastern India Regional Constituency (Central Council)
Sr. No.
Name
1
AGRAWAL SUBODH KUMAR
2
BANDYOPADHYAY ABHIJIT
3
GUHA SUMANTRA
Eastern India Regional Constituency (Regional Council)
Rank
...
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ICAI |
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0 | Hits : 1893
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Wipro gets shareholders nod for demerger
Posted Date : 29-Dec-2012 , 06:52:16 pm | Posted By CASANSAAR
The shareholders of soaps-to-IT services conglomerate Wipro have approved the company's demerger plan in a court convened meeting held in Bangalore on Friday. About 393 shareholders were present at the extraordinary general meeting including 18 from promoters and promoter groups.
In a state...
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Merger & Acquisitions |
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0 | Hits : 877
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S Raman takes over as whole-time member of SEBI
Posted Date : 29-Dec-2012 , 03:41:06 pm | Posted By CASANSAAR
The Securities and Exchange Board of India (SEBI), on Friday, appointed S. Raman as its whole-time member for five years.
“S. Raman took charge as whole-time member of Securities and Exchange Board of India in Mumbai on Friday for a tenure of five years or till attainment of...
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Income Tax |
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0 | Hits : 734
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Nationwide RBI employees strike on January 1
Posted Date : 29-Dec-2012 , 08:38:58 am | Posted By CASANSAAR
Employees and officers under the banner of United Forum of RBI Officers and Employees have called a country-wide strike on January one 2013 to protest the decision to close currency notes and coins issue counters from that date.
In a press statement issued by the forum, General Secretary of...
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RBI |
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0 | Hits : 941
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MCA tightens companies' disclosure norms
Posted Date : 29-Dec-2012 , 08:36:43 am | Posted By CASANSAAR
Companies from now on will have to provide verifiable details of their directors and office premises in a tightening of rules which is being viewed as significant because of the controversy surrounding the Purti group linked to BJP chief Nitin Gadkari.
The new requirement has been prom...
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Corporate Law |
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0 | Hits : 981
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Delhi gang rape victim dies in Singapore hospital
Posted Date : 29-Dec-2012 , 08:28:30 am | Posted By CASANSAAR
A young woman who was flown to Singapore after her brutal gang-rape and torture in the Indian capital died here early Saturday, the Mount Elizabeth Hospital announced.
The victim, whose name has not been revealed, passed away "peacefully" at 4.45 am with her distraught family and In...
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Category :
General |
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0 | Hits : 991
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Ratan Tata's farewell letter to all Tata employees
Posted Date : 28-Dec-2012 , 06:47:34 pm | Posted By CASANSAAR
Ratan Tata, who stepped down as the chairman of the Tata group today as he turned 75, has written a warm farewell letter to his employees saying, “we have every reason to feel proud and feel confident in facing the challenges ahead”. Mr. Tata handed over the reins of the $100 billio...
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General |
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CS M S Sahoo appointed as Secretary of the Institute of Company Secretaries of India (ICSI) w.e.f 1st January, 2013
Posted Date : 28-Dec-2012 , 02:05:56 pm | Posted By CASANSAAR
Mr. Sahoo has over three decades of rich work experience in self-employment, private sector, public sector, regulator and government in varied functional areas such as reforms, policy, regulations, research and analysis.
Before joining the ICSI, he was an eminent legal practitioner i...
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ICSI |
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