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The anti-corruption wing of the Central Bureau of Investigation (CBI) on Wednesday arrested a chartered accountant (CA) and a tax consultant for demanding a bribe of Rs 6 lakh from a 70-year-old woman to get her case settled at the Income Tax (I-T) office. The CBI who initially had also registered a case against a […]
In order to stop squandering of client funds, the Securities and Exchange Board of India is planning to issue new norms for client-broker agreement in a month’s time. A client-broker agreement lists terms and conditions relating to order and trade confirmation, contract notes, brokerage, settlement schedules, margin payments and dispute resolution. It also makes it […]
The Delhi Consumer Commission has directed the HDFC Bank to pay Rs 35,000 as compensation to an export house for forcibly seizing a financed car on its failure to pay two instalments.”Whenever any bank resorts to such a method, it is liable to compensate the consumer as to the mental agony, harassment and humiliation suffered by him and return the post-dated cheques,” the Commission headed by Justice J D Kapoor said.
The Madras high court bench in Madurai has ruled that educational loans being provided by the banks are meant only for poor and meritorious students who can not not pursue their studies due to poverty. Dismissing a writ petition, filed by Harish Babu of Aruppukottai on Thursday, Justice S Manikumar said students with means to […]
IMPORTANT ANNOUNCEMENT In partial modification of our Announcement dated 12th February ,2009 , it is hereby notified for the information of general public that the Online Common proficiency Test scheduled on 29th March,2009 has been cancelled owing to less number of candidates applying for the same . However , on 28th March, 2009 the online […]
The next Common Proficiency Test (CPT) ( Paper-Pencil Mode) of the Institute will be held on 28th June, 2009 at the following centres : 1) Centres in India – Agra, Ahmedabad, Ahmednagar, Ajmer, Akola, Alappuzha, Aligarh, Allahabad, Alwar, Ambala, Amravati, Amritsar, Anand, Asansol, Aurangabad, Bangalore, Bareilly, Bathinda, Beawar, Belgaum, Bellary, Bhilwara, Bhopal, Bhubaneswar, Bilaspur, Bikaner, Chandigarh, […]
Auditing and consulting firm PricewaterhouseCoopers (PwC) maintains that it did not play any role in the alleged financial irregularities of fraud-mauled Satyam Computer Services Limited, but is looking back at “significant lessons” from the controversy linked to accusations that its partners rubber-stamped doctored accounts in the company. It does not expect any major loss of […]
