Two sitting Regional council members from WIRC lost this election.
Posted Date : 25-Dec-2012 , 06:40:30 pm | Posted By CASANSAAR
Two sitting regional council members lost this election. Ashok Jain and Chandrkant Pawar.
Some Interesting facts of WIRC election
All Shah won the election. Hardik Shah, Shardul Shah, Julfesh Shah, Shruti Shah, Priyam Shah, except Mahesh Shah from Vasai. And all these Shah coming from diff...
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ICAI |
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FDI in services sector up 5 pc in April-Oct
Posted Date : 25-Dec-2012 , 06:31:20 pm | Posted By CASANSAAR
India's foreign direct investment (FDI) inflows into the services sector increased by a mere 5 per cent to $3.6 billion during the April-October period of this fiscal, according to the latest data of industry ministry. The financial and non-financial services sector had attracted ...
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International Business |
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Satyam made us smarter; auditors can't get cosy with management: MCA
Posted Date : 25-Dec-2012 , 04:00:35 pm | Posted By CASANSAAR
Corporate Affairs Minister Sachin Pilot has said that a nexus between management and auditors would not be allowed anymore as lawmakers have become smarter after Satyam scam.
"Sometimes, auditors get into too cosy a relationship with the management, which creates a lot of proble...
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Auditing |
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Facebook 'paid just 2.9m pounds in tax on profits of 800m pounds' made outside US: report
Posted Date : 25-Dec-2012 , 08:48:25 am | Posted By CASANSAAR
Now, Facebook has come under fire for its tax affairs in the UK after it emerged that the social networking giant paid just 2.9 million pounds in tax on profits of over 800 million pounds.
Filings for Facebook Ireland, through which all of the social network's profits outside...
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International Business |
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BSE to suspend trading in 31 securities
Posted Date : 25-Dec-2012 , 08:41:47 am | Posted By CASANSAAR
Leading bourse BSE today said it will suspend trading in shares of 31 companies, including Jyothy Consumer Products andJupiter Bioscience, with effect from January 16 for their failure to comply with various provisions of the exchange's listing agreement.
These companies have not fulfille...
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Shares & Stock |
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RBI to inject Rs 8,000 crore cash in debt markets this week
Posted Date : 25-Dec-2012 , 08:37:18 am | Posted By CASANSAAR
The Reserve Bank of India on Monday said it will pump in Rs 8,000 crore in the market on December 28 by buying government securitiesto ease the liquidity situation.
“Consistent with the stance of monetary policy and based on the current assessment of prevailin...
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RBI |
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Advance tax collection up 10.44 per cent in December
Posted Date : 25-Dec-2012 , 08:34:34 am | Posted By CASANSAAR
The third installment of the Advance Tax collection recorded a growth of 10.44 per cent to Rs. 78,226 crore, finance ministry said today.
Advance Tax collections for the month of December 2012 (up to December 20) stood at Rs. 78,226 crore, against Rs. 70,826 ...
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Income Tax |
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Extension of last date
Posted Date : 25-Dec-2012 , 08:34:14 am | Posted By CASANSAAR
FOR INFORMATION OF THE MEMBERSSubject: Extension of last date “for complying with the CPE hours requirement for the calendar year 2012” - from 31st December, 2012 to 31st January, 2013
This is for kind information of the members that it has been decided to extend the last date for ...
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ICAI |
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ICAI Elections 2012 - Updates on Counting of Votes
Posted Date : 25-Dec-2012 , 08:22:31 am | Posted By CASANSAAR
Counting Starts with Western India Regional Constituency and Western India Regional Council.
First update of Counting:
Total Postal Ballots received : 338 votes.
15% of total eligible postal ballot voters!
Ballot boxes about to be opened!!! One by one all...
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ICAI |
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ICAI Elections 2012 - Updates on Counting of Votes
Posted Date : 25-Dec-2012 , 08:21:45 am | Posted By CASANSAAR
Western India Regional Constituency (Regional Council)
Update as on 24th December, 2012, Time: 10:00 PM (Click Here)
Western India Regional Constituency (Central Council)
Update as on 23rd December, 2012, Time: 6:00 PM (Click Here)...
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ICAI |
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Three-digit number (167) allotted for women's helpline in Delhi
Posted Date : 24-Dec-2012 , 04:39:24 pm | Posted By CASANSAAR
A three-digit helpline number, 167, has been allotted by the Centre to the Delhi government for its 'office for helping women in distress.'
Delhi Chief Minister Sheila Dikshit had reportedly requested Telecom Minister Kapil Sibal for a three-digit number for the department. Usually, the ministry is...
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General |
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NBFCs have time till March to migrate to new standard cheques
Posted Date : 23-Dec-2012 , 08:12:14 pm | Posted By CASANSAAR
Borrowers from Non Banking Financial Companies (NBFC) now have time till 31 March 2013 to replace their old system bank cheques with new ones with added security features for their equated monthly instalment (EMI) payments, the Reserve Bank of India (RBI) said in a circular.
The banking regulator...
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Category :
Banking |
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0 | Hits : 711
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Lobbying needs to be defined; companies should make disclosures
Posted Date : 23-Dec-2012 , 07:52:28 pm | Posted By CASANSAAR
Calling for a need to define lobbying through a legal framework to differentiate between advocacy and bribery, corporate affairs minister Sachin Pilot has favoured disclosures by companies and industry bodies about their representations to government on specific policy issues.
"I think th...
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Corporate Law |
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0 | Hits : 762
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10 lakh new jobs expected to come up in 2013: survey
Posted Date : 23-Dec-2012 , 07:25:03 pm | Posted By CASANSAAR
Job seekers can look forward to a prosperous new year with more than 10 lakh new jobs expected across various sectors including FMCG and retail, says a survey.
Coming against the backdrop of uncertain economic conditions, the projected number of new jobs in 2013 is way higher than...
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General |
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Forex reserves rises by $ 1.637 bn to $ 296.63 bn
Posted Date : 23-Dec-2012 , 07:09:36 am | Posted By CASANSAAR
The foreign exchange reserves rose by a robust 1.637 billion dollars to touch 296.63 billion mark during the week ended December the 14th.According to the Reserve Bank's weekly statistical supplement, the gold reserves remained unchanged at 27.803 billion dollars during the week....
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Finance |
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Report on auditing parties' accounts submitted to EC: ICAI
Posted Date : 22-Dec-2012 , 07:11:26 am | Posted By CASANSAAR
Institute of Chartered Accountants of India (ICAI) has submitted its report to the Election Commission on auditing of accounts of political parties, a top official said on Friday. As per the request of EC, the Institute has made a few suggestions and prepared a report t...
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ICAI |
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Salient Features of Banking Laws (Amendment) Bill 2012
Posted Date : 21-Dec-2012 , 08:29:20 pm | Posted By CASANSAAR
The Banking Laws (Amendment) Bill 2011 was introduced in order to amend the Banking Regulation Act, 1949, the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980. The said Bill has been passed by both the Houses of Parliament during its just concluded Winter Session. Thi...
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Banking |
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Government Reviews Foreign investment Policy for Assets
Posted Date : 21-Dec-2012 , 08:28:43 pm | Posted By CASANSAAR
The Central Government had permitted Foreign Direct Investment (FDI) in the equity capital of Asset Reconstruction Company (ARCs) upto 49% vide Press Release dated 08.11.2005. Further, on 09.11.2005, the Government permitted the Foreign Institutional Investors (FIIs) registered with the Securities a...
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International Business |
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0 | Hits : 748
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CA body lays down road map to revise syllabus
Posted Date : 21-Dec-2012 , 07:53:10 am | Posted By CASANSAAR
Students joining their chartered accountancy course through common proficiency test or articleship through direct entry scheme across India will have to gear up to study the revamped syllabus. TheInstitute of Chartered Accountants of India (ICAI) taking note of the outdated nature of some s...
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Students Zone |
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Government Adopts Five Pronged Strategy to bring back the black Money
Posted Date : 21-Dec-2012 , 07:52:05 am | Posted By CASANSAAR
The Central Government has been vigorously pursuing the cases of black money stashed abroad and in bringing them back. For this purpose, a five pronged strategy has been adopted which is as follows: i) Joining the global crusade against ‘black money’ (for example out action in G 20,...
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Income Tax |
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0 | Hits : 694
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SBI plans online approval for home loans via Cibil
Posted Date : 21-Dec-2012 , 07:49:59 am | Posted By CASANSAAR
In a move that could improve its flow of home loans business, State Bank of India is putting in place an online sanction process which allows the bank to instantaneously approve loan amounts by linking its portal with Credit Information Bureau of India (Cibil).
...
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Banking |
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Undisclosed Income of about Rs. 600 Crore Detected under DTAAs Since March 2009 and taxes of about Rs. 200 Crore Realized
Posted Date : 20-Dec-2012 , 09:16:42 pm | Posted By CASANSAAR
The Government receives information from various countries regarding assets including bank accounts held abroad by Indians under the respective Double Taxation Avoidance Agreements/Tax Information Exchange Agreements. Receipt of such information is an ongoing process. Based on information recei...
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Income Tax |
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0 | Hits : 658
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Government Advises PSBs to take Number of Initiatives to increase the pace of Recovery and Manage NPAs
Posted Date : 20-Dec-2012 , 09:13:01 pm | Posted By CASANSAAR
The objective of restructuring is to conserve valuable financial assets in a downturn, revival of entities and ensuring safety of the funds lent by the banks. Although, the Gross Non-Performing Assets (NPAs) and restructuring of loans of Public Sector Banks (PSBs) have shown an increasing trend, at ...
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Banking |
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Results of Assembly Elections 2012
Posted Date : 20-Dec-2012 , 10:49:50 am | Posted By CASANSAAR
Gujarat
Party
Lead
Won
BJP
115
CONG
61
GPP
2
Others
4
Himachal Pradesh
Party
Lead
Won
CONG
36
BJP
26
Others
6
...
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General |
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Highlights of the Companies Bill, 2011 passsed in Lok Sabha on 18.12.12
Posted Date : 20-Dec-2012 , 07:49:22 am | Posted By CASANSAAR
Ø The Bill has 470 clauses as against 658 Sections in the existing Companies Act, 1956.
Ø The entire bill has been divided into 29 chapters.
Ø Many new chapters have been introduced, viz.,...
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Category :
Corporate Law |
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0 | Hits : 2252
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SEBI raises minimum capital requirements for brokers
Posted Date : 19-Dec-2012 , 10:55:21 pm | Posted By CASANSAAR
Stock market regulator SEBI has revised the base minimum capital (BMC) deposit requirement for brokers (offering algorithmic trading) to a maximum of Rs 50 lakhs.
BMC for stock brokers will be enhanced and for trading members in the derivatives segment, BMC would be intr...
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SEBI |
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DLF inks pact to sell Amanresorts for over Rs 1,600 cr
Posted Date : 19-Dec-2012 , 01:26:17 pm | Posted By CASANSAAR
Realty major DLF today said it has signed an agreement to sell back luxury hotel chain Amanresorts to the hospitality property's founder and Chairman Adrian Zecha for about USD 300 million (over Rs 1,600 crore).In a filing to the BSE, DLF said the sale of the hotelsand resorts under t...
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Corporate Law |
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0 | Hits : 723
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Lok Sabha passes revised Companies Bill, to improve governance and transparency in India Inc
Posted Date : 19-Dec-2012 , 07:39:09 am | Posted By CASANSAAR
The Lok Sabha today passed the revised Companies Bill, which had been hanging fire since it was first introduced in the House in August 2008.
During the debate over the Bill in the Lower House today, the government re-emphasised that the aim is to protect the interest of employees and small in...
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Corporate Law |
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0 | Hits : 1172
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Lok Sabha passes Banking Bill, clears way for new banking licenses
Posted Date : 18-Dec-2012 , 09:09:08 pm | Posted By CASANSAAR
The Lok Sabha today passed the Banking (Amendment) Bill, aimed at attracting more foreign investment into the banking industry in yet another move by Prime Minister Manmohan Singh to open up Asia's third-largest economy.
The Bill was passed after the government earlier today agreed to drop the cont...
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Banking |
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0 | Hits : 1005
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Vijay Mallya offers 3 kg gold to Lord Venkateswara on his 58th birthday
Posted Date : 18-Dec-2012 , 06:07:23 pm | Posted By CASANSAAR
Promoter of crisis-ridden Kingfisher Airlines and UB Group Chairman Vijay Mallyamade an offering of gold bricks, weighing about three kg, at the famous hill shrine of Lord Venkateswara on his 58th birthday today. Mallya donated the gold after offerin...
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General |
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