Merger of National Stock Exchange Limited (NSEL) and Financial Technologies India Limited (FTIL)
Posted Date : 30-Apr-2016 , 07:47:28 am | Posted By CASANSAAR
The Ministry has issued the Final Order on 12.02.2016 for amalgamation of National Spot Exchange Limited (NSEL) with Financial Technologies (India) Ltd. (FTIL) under Section 396 of the Companies Act, 1956. However, the same has been kept in abeyance pursuant to Orders of the Hon’ble High...
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Govt rolls back decision to lower EPF rate; fixes it at 8.8%
Posted Date : 30-Apr-2016 , 07:45:57 am | Posted By CASANSAAR
Bowing to employee protests for the third time in two months, the Indian government on Friday rolled back its decision of lower interest rate on provident fund deposits to 8.7 per cent for 2015-16 and agreed to fix it at 8.8 per cent as decided by retirement fund body EPFO.
The roll back comes on...
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Interest rates for NSSF loan to Centre, states cut to 8.8%
Posted Date : 14-Apr-2016 , 01:23:12 pm | Posted By CASANSAAR
The National Small Savings Fund (NSSF) loan rate to the Centre as well as states has been lowered to 8.8 percent from 9.5 percent following a recent cut in small savings interest rates, an official statement said on Wednesday.
"In line with the revision of interest rates of small savings s...
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Gurgaon is now to be known as Gurugram
Posted Date : 12-Apr-2016 , 10:17:37 pm | Posted By CASANSAAR
Gurgaon, the corporate hub of Haryana on the outskirts of Delhi, will now be known as 'Gurugram'.
The decision was taken by the BJP government claiming that people of the area have been making a demand in this regard.
An official spokesman said the decision to change the name was taken...
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Petrol hiked by Rs.2.19/litre, diesel by 98 paise
Posted Date : 05-Apr-2016 , 12:42:37 pm | Posted By CASANSAAR
State-run Indian Oil Corp (IOC) hiked transport fuel rates from Tuesday, increasing petrol by Rs.2.19 a litre and diesel by 98 paise -- both at Delhi, with corresponding increase in other states, on the back of a further hardening of global crude oil rates.
The current level of international prod...
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Inoperative PF accounts to earn interest from April 1
Posted Date : 29-Mar-2016 , 10:10:58 pm | Posted By CASANSAAR
Employees' Provident Fund Organisation (EPFO) has decided to provide interest on inoperative accounts from 1st of next month. The move will benefit over nine crore such account-holders with a total deposits of over Rs 32,000 crore. The decision was taken by the EPFO apex decision making body Cen...
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Parliament passes Real Estate Bill aimed at protecting interests of house buyers
Posted Date : 16-Mar-2016 , 07:34:59 am | Posted By CASANSAAR
Parliament has passed the Real Estate (Regulation and Development) Bill, 2015 with the Lok Sabha approving it today. The bill was passed by the Rajya Sabha last week. The Bill is aimed at protecting the interests of the aspiring house buyers while at the same time enhancing the credibility of real e...
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Haryana based CA firms who could not apply for Empanelment with O/o C&AG may submit their details latest by 15th March, 2016
Posted Date : 10-Mar-2016 , 07:43:44 pm | Posted By CASANSAAR
Pursuant to our request made to O/o C&AG, their good offices has informed that Chartered Accountant firms based in Haryana who could not apply for Empanelment with O/o C&AG due to local rampant disturbances may give the required details regarding the firms/partners in hard copy by last date ...
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Rajya Sabha passes Real Estate Regulatory Bill
Posted Date : 10-Mar-2016 , 07:40:42 pm | Posted By CASANSAAR
The Rajya Sabha today passed the Real Estate (Regulation and Development) Bill, 2015, paving way for regulation in the real estate sector.
The law will protect home buyers against erring developers besides bringing in investments as well as transparency in the sector.
...
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Coaching Centres must shift out from Residential areas - SC
Posted Date : 10-Mar-2016 , 08:30:08 am | Posted By CASANSAAR
The Supreme Court on March 8 directed that that coaching centres in residential areas must shift to commercial premises or institutional areas as they were troubling women and the elderly people.
The petitioner All Rajasthan Coaching Institutes Association challenged the eviction orders served ...
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Advocacy crying for reforms, lawyers can't have free ride - SC
Posted Date : 03-Mar-2016 , 08:19:04 am | Posted By CASANSAAR
The legal profession is "crying for reforms" and lawyers cannot be allowed to a have a "free ride as the administration of justice is a key area", the Supreme Court observed today and sought response of the Bar Council of India on a plea against the bar examination which has been...
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Petrol price cut by Rs. 3; diesel costlier by Rs. 1.47
Posted Date : 29-Feb-2016 , 09:23:16 pm | Posted By CASANSAAR
Petrol price was on Monday cut by Rs. 3.02 per litre, but diesel rates were hiked by Rs. 1.47 a litre — the second increase this month in line with global trends.
Petrol in Delhi will cost Rs. 56.61 per litre from midnight tonight as against Rs. 59.63.
A litre of diesel, however, wil...
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No surcharge, service charge on card and digital payments: Cabinet
Posted Date : 25-Feb-2016 , 08:01:07 am | Posted By CASANSAAR
With an aim to discourage cash transactions, the Cabinet on Wednesday approved withdrawal of surcharge, service charge and convenience fee on card and digital payments.
The Cabinet -- chaired by Prime Minister Narendra Modi -- approved mandating payments beyond a prescribed threshold only throu...
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Interest rate on small post office schemes cut by 0.25%; PF rate hiked to 8.8%
Posted Date : 17-Feb-2016 , 07:57:38 am | Posted By CASANSAAR
The Finance Ministry has cut interest rate on post office savings of 1, 2 and 3 year terms, Kisan Vikas Patra (KVP) as well as 5-year Recurring Deposits, but left long-term instruments such as monthly investment scheme (MIS), PPF, senior citizen and girl child plans untouched.
In Chennai, Labou...
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Engineer sends Kejriwal Rs 364 to buy a pair of shoes
Posted Date : 05-Feb-2016 , 09:06:45 pm | Posted By CASANSAAR
An engineer-turned-businessman from Visakhapatnam has sent Delhi Chief Minister Arvind Kejriwal Rs 364 to buy a pair of formal shoes.
Reason--The businessman Sumit Agrawal says he was "deeply aggrieved" to find Kejriwal wearing sandals during a state banquet hosted by President Pranab M...
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List of Padma Awards 2016
Posted Date : 25-Jan-2016 , 08:06:59 pm | Posted By CASANSAAR
Padma Awards - one of the highest civilian Awards of the country, are conferred in three categories, namely, Padma Vibhushan, Padma Bhushan and Padma Shri. The Awards are given in various disciplines/ fields of activities, viz.- art, social work, public affairs, science and engineering, trade and in...
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The Negotiable Instruments (Amendment) Bill, 2015 notified
Posted Date : 06-Jan-2016 , 06:34:59 am | Posted By CASANSAAR
The Negotiable Instruments (Amendment) Bill, 2015 notified; Focus on clarifying the jurisdiction related issues for filing cases for offence committed under Section 138 of the Act
The Negotiable Instruments (Amendment) Bill, 2015 was passed by the Parliament in the recently conclude...
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Now, buy rail tickets on ICICI Bank website
Posted Date : 26-Dec-2015 , 06:55:33 am | Posted By CASANSAAR
ICICI Bank on Wednesday tied up with railway's e-ticketing platform IRCTC to sell rail tickets through its website.
The largest private sector lender will soon introduce the facility to book rail tickets on its mobile banking application and prepaid digital wallet, it said in a statement.
...
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Property can be registered below circle fee, rules Delhi HC
Posted Date : 24-Dec-2015 , 08:30:37 am | Posted By CASANSAAR
In a landmark verdict that will benefit thousands of land owners in Delhi, the high court on Wednesday allowed registration of properties even if valued below the minimum circle rate of the area.
A bench of chief justice G Rohini and justice R S Endlaw relied on provisions of the Indian Stamp Act...
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Govt initiates SETU programme to support start-up businesses
Posted Date : 09-Dec-2015 , 07:50:26 pm | Posted By CASANSAAR
The government has set up a mechanism known as SETU to support all aspects of start-up business and other self-employment activities, Lok Sabha was informed on Wednesday.
Union minister for skill development Rajiv Pratap Rudy said the National Policy for Skill Development and Entrepreneurs envi...
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Lok Sabha passes Indian Trusts (Amendment) Bill, 2015
Posted Date : 09-Dec-2015 , 07:43:41 pm | Posted By CASANSAAR
The Lok Sabha on Wednesday passed the Indian Trusts(Amendment) Bill, 2015, amid chaos as the opposition Congress created ruckus in the house over the National Herald case involving Sonia and Rahul Gandhi for the second consecutive day.
The bill, ...
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Government invites applications for the post of CEO for National Investment and Infrastructure Fund (NIIF)
Posted Date : 03-Dec-2015 , 07:36:04 am | Posted By CASANSAAR
National Investment and Infrastructure Fund (NIIF) has been set-up by the Government of India, with an expected initial corpus of Rs. 40, 000 crores. The Fund is set- up as a Fund of Funds (Category II Alternate Investment Fund) with a proposed series of funds. The Fund is looking to app...
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Humble Appeal for Vote & Support for KHURANA VIVEK - NIRC B.N.40
Posted Date : 01-Dec-2015 , 09:13:20 am | Posted By CASANSAAR
Respected Professional Colleagues,
I seek your whole hearted support for my candidature for REGIONAL COUNCIL Election (NIRC), BALLOT No. 40.
Please ask your friends to vote for ballot No 40.
I would request You to talk to your near and dear CAs in NIRC for First Preference Vote for Ba...
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CDs are documents, can be considered as evidence under law: SC
Posted Date : 26-Nov-2015 , 07:26:56 am | Posted By CASANSAAR
In a significant ruling, the Supreme Court has allowed compact discs (CDs) to be treated as a document under the law and said that litigants should be allowed to prove or disprove such electronic proof in judicial proceedings.
The apex court, without deciding on the authenticity of a CD in a case...
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Now book tickets 30 minutes prior to departure of train
Posted Date : 11-Nov-2015 , 09:25:10 am | Posted By CASANSAAR
Come November 12, you can book a railway ticket online 30 minutes prior to the departure of a train.
In a passenger-friendly move, Railways has also made changes in its system of preparation of chart, which would now be prepared twice.
First reservation chart would be prepared four hours...
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Indirect tax collection up 36% in first seven months
Posted Date : 10-Nov-2015 , 09:02:37 am | Posted By CASANSAAR
Excise duty rises on oil, along with a couple of other measures, pushed up indirect tax collection by 36.8 per cent to Rs 58,691 crore in October and 35.9 per cent to Rs 3.82 lakh crore in the first seven months (April to October) of the current financial year, official data showed on Monday.
How...
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Prime Minister launches three gold related scheme
Posted Date : 06-Nov-2015 , 08:52:50 am | Posted By CASANSAAR
The Prime Minister, Shri Narendra Modi, launched three gold related schemes at a function here today.
The schemes are – Gold Monetization Scheme, Sovereign Gold Bond Scheme, and India Gold Coins.
On the occasion, the Prime Minister Shri Narendra Modi described the schemes as ...
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SC to hear PIL demanding ban on websites with Santa Banta jokes
Posted Date : 30-Oct-2015 , 10:36:03 pm | Posted By CASANSAAR
Supreme Court on Friday agreed to hear a Public Interest Litigation (PIL) seeking direction to ban websites displaying jokes on Sardars and projecting them in a poor light.
“This (Sikh) community is known for great sense of humour and they also enjoy such jokes. You must have gone through...
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Inner Healing Meditation Programme for CAs in Delhi
Posted Date : 30-Oct-2015 , 01:43:22 pm | Posted By CASANSAAR
In continues to our social and unique services to members of CASANSAAR, we have organized a Inner Healing Meditation Programme in Gurgaon on 28th October 2015. This Programme was conducted and instructed by Acharya Manmohan Ji. The core objective of this Programme of stress management and finding th...
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Massive 7.5 earthquake kills four in Pakistan; tremors felt in Srinagar, New Delhi
Posted Date : 26-Oct-2015 , 04:10:30 pm | Posted By CASANSAAR
A massive earthquake, measuring 7.5 on the Richter scale was felt in Srinagar and other parts of North India at around 2.45 pm on Monday.
The quake had its epicentre in the Hindukush region of Afghanistan, said a statement from the government.
The quake was 196 km (120 miles) deep and centred ...
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