There is a proposal to introduce Core Banking Solution (CBS) in 4,000 post offices for ensuring “anytime, anywhere and any branch banking” in these 4000 post offices. There is a financial outlay of Rs.106 crores for development of CBS software, customer relations management, training, project management unit, centralised back office etc. during the 11th Five Year Plan.
S. O. 604 (E) – In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) ,No. G. S. R. 744(E), dated the 14th November, 1995 (No.158/95-Customs, dated the 14th November, 1995), namely,-
As per the provisions of the Cigarettes and Other Tobacco Products (Packaging and Labelling) Rules, 2008, subsequently amended in 2008 and 2009, the specified health warning rules notified by the Ministry of Health & Family Welfare on 31.5.2009 have to be rotated after every 12 months and the next rotation is due on 31.5.2010.
If your bank rejects any of your currency notes in the Rs 1,000 or Rs 500 denomination on the suspicion of it being fake, you have a right to fight. The problem of fake notes in circulation has assumed serious proportions across the country, particularly in Hyderabad.
Sources said the Sebi committee was comprehensively reviewing open offers and may raise the open offer trigger to 25 per cent from 15 per cent now — the reason being that 26 per cent shareholding in India gives acquirers the power to block special resolutions for important decisions during shareholder meetings.
The Securities and Exchange Board of India’s (Sebi) committee on takeovers headed by C Achuthan is seriously considering making it mandatory for boards of target companies to guide shareholders in the event of competitive bids in line with global best practice.
Price Waterhouse auditor Subramani Gopalkrishnan, who was arrested in the Rs 7,136-crore Satyam fraud for allegedly conniving with its founder B Ramalinga Raju and other aides, on Friday moved the Supreme Court seeking bail.
Provisions of s. 124(3) are self- explanatory. No person shall be entitled to call in question the jurisdiction of an AO after the expiry of one month from the date on which he was served with a notice or after the completion of the assessment, whichever is earlier. Undisputedly, assessee did not raise this issue either after the expiry of one month from the date
A bare reading of s. 2(28A) would reveal that interest is payable in respect of ‘moneys borrowed’ or ‘debt incurred’. It, of course, would include a deposit, claim or other similar right or application of any service fee or other charges in respect of the moneys borrowed or debt incurred. All the subscribers/ members of the chit contribute moneys each month and bid takes place among the members.
in Schedule-A, in entry 45, in column, (2) for the words, figures and brackets the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957), the words, figures and brackets the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) but excluding those specified in Schedule-C shall be substituted;
