Anna Hazare's next mission: India tour for clean leaders
Posted Date : 28-Aug-2011 , 08:37:10 am | Posted By CASANSAAR
Even before his ongoing fast could come to an end, Anna Hazare on Saturday announced he would soon launch another campaign to ensure that no tainted leader gets elected to the next Lok Sabha. Speaking after more than 38 hours, Anna declared he would tour the country and appeal to citizens ...
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General |
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J-K removes VAT on state-made goods traded across LoC
Posted Date : 28-Aug-2011 , 08:25:44 am | Posted By CASANSAAR
Jammu and Kashmir Governor N N Vohra has promulgated an Ordinance introducing amendments to the VAT Act, 2005, making cross Line of Control (LoC) trade tax-free for goods manufactured in the state.The Ordinance was promulgated by the Governor yesterday on the recommendations of Chief Minister Omar A...
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VAT |
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Nation Celebrates as Anna Promises to End Fast at 10 am on Sunday
Posted Date : 27-Aug-2011 , 10:14:53 pm | Posted By CASANSAAR
In what may be termed as one of the biggest victories for the people of India, the fight against corruption received a huge boost on Saturday August 27 when the nation's parliament accepted and agreed to adopt the three major points with regard to the Jan Lokpal Bill.
Considered a r...
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General |
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Parliament passes unanimous resolution on Anna's demands
Posted Date : 27-Aug-2011 , 09:22:42 pm | Posted By CASANSAAR
Finance Minister Pranab Mukherjee today said Lok Sabha has adopts 'sense of House' on three key issues raised by Anna Hazare. The house was adjourned without voice vote. Rajya Sabha too was adjourned after it adopted 'sense of House' on three key issues raised by Anna Hazare.
The l...
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General |
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Obama declares emergency in New York, Virginia and Massachusetts as hurricane Irene approaches
Posted Date : 27-Aug-2011 , 12:00:22 pm | Posted By CASANSAAR
President Barack obama today declared emergency in three States of New York, Virginia and Massachusetts which empowered federal agencies to take all steps required to protect people and properties, as hurricane Irene with a sustained wind speed of 100 miles per hour gushed toward the eastern s...
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General |
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In crises, banks may replenish ATMs by RBI borrowings
Posted Date : 27-Aug-2011 , 11:49:54 am | Posted By CASANSAAR
The Reserve Bank of India on Friday said banks can now replenish their automated teller machines (ATMs) with cash by borrowing up to 100 million rupees at one go from the central bank if a banking sector strike or any natural calamity creates a situation where ATMs may run out of cash.
"Depending...
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Banking |
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RBI doubles reserves for contingencies this fiscal
Posted Date : 27-Aug-2011 , 11:48:57 am | Posted By CASANSAAR
The Reserve Bank of India has more than doubled its reserves for contingencies this fiscal amid fears of the return of financial instability, such as the one in 2008, due to the worsening European sovereign crisis and flagging US economic recovery. Financial market troubles had eroded the...
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RBI |
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RBI says NPAs likely to rise more
Posted Date : 27-Aug-2011 , 08:03:33 am | Posted By CASANSAAR
Banking and monetary regulator Reserve Bank of India has indicated that there is probability of further rise in NPA level of banks. The concern was expressed by Anand Sinha, deputy governor, RBI. He however said that there is still no chance of any kind of systemic risk arising.
Systemic risk ref...
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RBI |
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I-T to probe banks helping people hide black money
Posted Date : 26-Aug-2011 , 11:11:54 pm | Posted By CASANSAAR
In its pursuit to unearth black money, the Income Tax Department will probe certain banks and their officials suspected to be helping customers hide illicit funds through multiple accounts. "We have found instances where banks are running multiple accounts of certain customers for the purpose...
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Income Tax |
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Collecting data on I-T returns of political parties: FinMin
Posted Date : 26-Aug-2011 , 06:00:22 pm | Posted By CASANSAAR
The government today said the Income Tax Department is collecting information on tax returns filed by various political parties and would place it in Parliament.
"The information is being collected from the field formations spread all over the country and to the extent possible shall be laid on the...
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Income Tax |
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Unwanted calls, SMS's will get stopped from October 1st: TRAI
Posted Date : 26-Aug-2011 , 08:15:55 am | Posted By CASANSAAR
Telecom regulator TRAI has said that from first of October unwanted calls and SMS's will get stopped. TRAI Chairman J S Sarma said at a function in New Delhi that a new Telecom regulatory policy will come into force from October.Mr. Sarma asked leading telecom service providers, including Bharti air...
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General |
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Resolve investor complaints within a month: Sebi to brokers
Posted Date : 26-Aug-2011 , 08:12:30 am | Posted By CASANSAAR
Capital markets regulator Sebi today directed stock brokers and sub-brokers to redress investor complaints within a month of receiving them, saying that failure to do so would make them liable for penal action. The direction comes a day after it announced that all investor complaints should be forwa...
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SEBI |
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Delhi HC inquires whether CAG can audit discoms' accounts
Posted Date : 26-Aug-2011 , 08:10:57 am | Posted By CASANSAAR
The Delhi High Court today issued notices to the private discoms -- BSES Rajdhani, BSES Yamuna and North Delhi Power Limited (NDPL) and asked them to file their response on a petition seeking audit of their accounts by the Comptroller and Auditor General (CAG). Taking note of the petition filed...
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Auditing |
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Finmin readies GST for 2012-13 rollout
Posted Date : 26-Aug-2011 , 08:08:29 am | Posted By CASANSAAR
Implementation of a nationwide goods and services tax (GST) in 2012-13 suddenly seems possible, with the assertion of the chairman of the empowered committee of state finance ministers, Sushil Modi, to work towards meeting the April 2012 deadline.
A senior finance ministry official ...
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Service Tax |
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NSE to launch futures and options contracts on S&P 500 and futures on Dow Jones from August 29
Posted Date : 26-Aug-2011 , 08:04:53 am | Posted By CASANSAAR
Come Monday, Indian investors will be able to directly place bets on two of the leading US equity indices, without worrying about foreign currency. The National Stock Exchange (NSE) will go live with rupee-denominated derivative contracts on S&P500 and Dow Jones Industrial Average (DJIA) indices...
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Shares & Stock |
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Debate on SBI Bill stalled in RS over technical flaw
Posted Date : 26-Aug-2011 , 08:00:30 am | Posted By CASANSAAR
To the embarrassment of the Government, discussion on a SBI subsidiary bill was stalled in the Rajya Sabha today after an error was detected by the Opposition.
As the debate was underway, BJP Deputy Leader SS Ahluwlaia pointed that a flaw in State Bank of India (Subsidiary Banks Laws) Amendment B...
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Banking |
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Tax evasion worth crores detected in IT raids in small distts
Posted Date : 26-Aug-2011 , 07:57:43 am | Posted By CASANSAAR
In a first of its kind action in the state, the Income Tax department has conducted surveys in small districts and unearthed tax evasion to the tune of close to Rs 18 crore.The department recently conducted a special drive and conducted raids at the business premises of firms in Tikamgarh dist...
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Income Tax |
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New Companies Act
Posted Date : 26-Aug-2011 , 07:55:54 am | Posted By CASANSAAR
The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that keeping in view the developments taking place nationally as well as internationally and with a view to modernize the structure for corporate sector through enlightened regulation, a decisio...
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Corporate Law |
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Salaries of Chief Executives
Posted Date : 26-Aug-2011 , 07:54:32 am | Posted By CASANSAAR
The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Companies Act, 1956 has prescribed a ceiling on the remuneration of chief executive officers (CEOs) of companies . The total managerial remuneration to be paid to a Board level CEO...
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Corporate Law |
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Foreign Companies in India
Posted Date : 26-Aug-2011 , 07:53:05 am | Posted By CASANSAAR
The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabhathat 820 foreign companies have been registered during the last three years.
&nbs...
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Corporate Law |
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Vanishing Companies
Posted Date : 26-Aug-2011 , 07:51:42 am | Posted By CASANSAAR
The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabhathat 238 Companies have been identified as vanishing companies.
Compan...
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Corporate Law |
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Half of Indian employees plan to change jobs: Mercer survey
Posted Date : 25-Aug-2011 , 05:01:14 pm | Posted By CASANSAAR
About 54% of Indian employees are seriously considering leaving their jobs for better opportunities in terms of career and base pay, according to the latest Mercer's What's Working survey. This is a substantial jump of 28% from 26% employees planning to change jobs in 2004. Women may be leadi...
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General |
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4 Delhi Metro stations near PM's residence closed
Posted Date : 25-Aug-2011 , 04:48:35 pm | Posted By CASANSAAR
Four metro stations near the Prime Minister's official residence here were closed today as a precautionary measure following a call by Team Anna Hazare to people to hold a protest there. The four stations -- Udyog Bhawan, Race Course, Jor Bagh on Gurgaon Line and Khan Market on Badarpur corrido...
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General |
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Apple CEO Steve Jobs resigns: Now investors can focus on just how good Apple is
Posted Date : 25-Aug-2011 , 12:36:50 pm | Posted By CASANSAAR
Few companies are as indelibly linked to an individual as Apple is to Steve Jobs. Not only one of the founders, he led the company from near bankruptcy to become one of the most valuable companies in the world. News on Wednesday of his retirement from running day-to-day operations is a blow -...
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International Business |
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India Signs DTAA with Georgia
Posted Date : 24-Aug-2011 , 09:38:35 pm | Posted By CASANSAAR
he Government of India today signed an Agreement for Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and on Capital (DTAA) with Government of Georgia. The Agreement was signed today by Mr. M.C.Joshi, Chairman, Central Board of Direct Taxes(CBDT) on b...
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Income Tax |
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I can fast for nine more days: Anna Hazare
Posted Date : 24-Aug-2011 , 06:16:52 pm | Posted By CASANSAAR
Amid concerns over his health as his protest entered ninth day, Anna Hazare on Wednesday said he could fast for another nine days.
"My fast has entered the ninth day. Nothing will happen to me. I can fast for another nine days. We will fight together," he told the gathering at Ramlila Maidan. The...
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General |
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Verification Status of May-2011 Examinations (Final)
Posted Date : 24-Aug-2011 , 07:29:48 am | Posted By CASANSAAR
1) Roll Numbers of candidates where no change in marks found Click Here All these candidates have been intimated by post. 2) Roll Numbers of candidates where change in marks found but there is no change in result or exemption in applied papers found Click ...
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Students Zone |
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RBI for splitting posts of chairmen & CEOs in PSBs
Posted Date : 24-Aug-2011 , 07:27:59 am | Posted By CASANSAAR
After implementing the move to split the posts of chairmen and chief executive officers (CEOs) in private banks in 2007, the Reserve Bank of India (RBI) is now considering the same step for public sector banks.
At a banking seminar organised by the Federation of Indian Chambers of Commerce ...
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RBI |
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Rs 200 cr tax notice to Delhi, Mumbai airport operators: Fin Min
Posted Date : 24-Aug-2011 , 07:25:47 am | Posted By CASANSAAR
The government on Tuesday said it has issued notices to operators of Delhi and Mumbai airports to recover service tax dues amounting to about Rs 200 crore. "(A)Showcause-cum-demand notice has been issued to Mumbai International Airport Pvt Ltd...demanding service tax of Rs 54.68 crore for the...
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Service Tax |
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SC questions UP’s taxation of RIL
Posted Date : 24-Aug-2011 , 07:22:05 am | Posted By CASANSAAR
The Supreme Court on Tuesday sought the Centre's response to an appeal filed by UP government, which questioned the Allahabad High Court's interim order restraining it from levying 21% value-added tax on natural gas supplied by Reliance Industries Ltd to industrial units in the s...
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VAT |
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