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Archive: November, 2010

Posts in November, 2010

Ban on Exist Polls

November 25, 2010 402 Views 0 comment Print

Dr. M.Veerappa Moily, Minister of Law and Justice informed the Lok Sabha in a written reply that the Government has amended the Representation of People’s Act to prohibit of conduct of exist polls till the last phase of polling is over. The Minister

Submission of information to Credit Information Companies

November 25, 2010 610 Views 0 comment Print

It is therefore, advised that SC/RCs on becoming member /members of any Credit Information Company / Companies may provide them the current data in the existing format if not already furnished by the banks/FIs from whom SC/RCs acquire the assets. Care should be taken to ensure that accurate data / history regarding borrowers is given to Credit Information Companies.

Ministry of Finance Calls for Reports from PSBS and FIS Raided by CBI Today

November 25, 2010 498 Views 0 comment Print

CBI in its press release has stated that it has arrested CEO of LIC Housing Finance Limited(LICHFL), Mumbai, Secretary (Investment), LIC, Mumbai, General Manager, Bank of India, Mumbai, Director (Chartered Accountant), Central Bank of India, New Delh

Retail investors can invest up to Rs 2 L in MOIL IPO

November 25, 2010 324 Views 0 comment Print

The government today said that state-owned MOIL, which will hit the capital markets on November 26, would become the first PSU to come with a public offer where retail investors can invest up to Rs 2 lakh.”This would be the first issue by a PSU( MOIL

PwC bagged the 'India Tax Firm of the Year' award from the International Tax Review

November 25, 2010 537 Views 0 comment Print

PwC has bagged the ‘India Tax Firm of the Year’ award from the International Tax Review (ITR), an globally reputed magazine focusing on international tax strategy. The award was presented at the ITR Asia Tax Awards ceremony held yesterday in Singapor

Income-tax notice to television channels and production houses for allegedly not deducting TDS

November 25, 2010 3763 Views 0 comment Print

The income-tax (I-T) department has issued show-cause notices to a few television channels and production houses for allegedly not deducting tax at source (TDS) on payments made towards professional and technical services for three-and-a-half years

Delhi HC RejectsPrice Waterhouse partners Appeal to halt disciplinary proceedings initiated against them by ICAI

November 25, 2010 997 Views 0 comment Print

The Delhi High Court has refused to halt disciplinary proceedings against two Price Waterhouse partners by the apex body of chartered accountants for wrongly auditing and inflating the financial statements of Satyam Computer, now known as Mahindra Sa

Mobile Number Portability – Change Mobile service provider without getting your number changed

November 25, 2010 453 Views 0 comment Print

Mobile Number Portability (which allows subscribers to retain their existing mobile telephone numbers when they switch from one operator to another) will debut today starting from Rohtak in Haryana. Consumers who are not happy with their existing ope

Latest in Satyam Matter from ICAI

November 25, 2010 465 Views 0 comment Print

Two of the members, namely. S.Gopatakrishnan and Srinivas Talluri who were associated with the audit of Satyam Computer Services Limited had filed Writ Petitions separately before the Honorable High Court of Delhi and accordingly interim stay order w

ICAI Awards 2010 Corporate CA Achievers Acclaim

November 25, 2010 507 Views 0 comment Print

Committee for members in Industry of ICAI is organizing Annual Corporate forum in January 2011. As you all are aware that, Corporate Forum is a Mega Event wherein multifold activities are conducted concurrently with an overall objective of updating,

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