The next CPT Examination (Paper- Pencil Mode) is scheduled to be held on 20th June, 2010. To be eligible to appear in June, 2010 Examination, an applicant is required to be registered for the CPT Course on or before 1st April, 2010.
The committee constituted to review the acquisition procedure of the security features for currency notes; review the relevant procurement manuals and suggest a roadmap for progressive indigenization of various inputs including high end machinery and security features submitted its report to the Finance Minister Shri Pranab Mukherjee in his North Block Office in New Delhi today.
The Central Vigilance Commission disposed of 541 cases during December 2010 referred to it for advice. The Commission advised imposition of major penalty against 135 officers including 33 from M/o Railways, 30 from MCD, 25 from Public Sector Banks, 6 each from Ministry of Labour and Department of Defence Production,
Similarly, bolting cloth/ screens/silicon cylinders which carry designs and which are fitted on the machines used for printing of designs are also essential for operating of the machines. Therefore, these items would also be considered as capital goods for the purpose of CENVAT Credit Rules, being part/ component of the machines.
The Himachal Pradesh Government has, vide a notification, moved most goods falling under „Part II? of the erstwhile Schedule A and liable to tax at 4% to a newly introduced ‘Part II-A’ of the said Schedule A. Effective from 29 March, 2010, these goods shall be liable to tax at 5%.
Taxpayers can expect faster refunds from the I-T department this year as the ambitious centralised processing centre of the department will start functioning to full capacity.The Bangalore based processing centre of the income tax department has been adding to its technical strength over the months and will include all I-T returns and generate subsequent refunds from across the country in a seamless manner by start of April, a senior tax official said.
In supersession of our earlier communication regarding constitution of the said Group for the year 2009-10, the President, in terms of the authority given to him by the Council at its meeting held on 12th February, 2010, has reconstituted the said Group with the following members :
The Securities and Exchange Board of India (Sebi) has given mutual fund (MF) distributors some more time to comply with its latest rules on the know-your-client (KYC) requirement. The regulator has also verbally directed registrars and transfer agents to pay distributors their arrears, wherever the KYC rules have been complied with.
“During the year 2009-10, the following 15 PSBs have exercised managerial autonomy in regard to selection and appointment of SBAs, viz. State Bank of India, Allahabad Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Overseas Bank, Oriental Bank of Commerce, Punjab National Bank, Syndicate Bank, UCO Bank, Union Bank of India, Punjab & Sind Bank and Andhra Bank.
I banks may allow remittances by Indian companies for overseas direct investment, after ensuring that the Indian company has obtained necessary licence from the Department of Telecommunication, Ministry of Telecommunication & Information Technology, Government of India to establish, install, operate and maintain International Long Distance Services and also by obtaining a certified copy of the Board Resolution approving such investment.
