"December, 2010" Archive - Page 3

Notification No. 136/2010-Customs Dated: 31/12/2010

Notification No. 136/2010-Customs (31/12/2010)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes ...

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Insurance – Recognition of Surplus arising in non-participating funds as profit/loss in the Profit & Loss Account

CIRCULAR NO. IRDA/F&A/CIR/217/12/2010, (27/12/2010)

CIRCULAR NO. IRDA/F&A/CIR/217/12/2010, DATED 27-12-2010 Authority has observed that there is no uniform approach followed by the insurers for transfer of the surplus to the Profit & Loss Account. A few of the insurers are doing it on quarterly basis while a few are doing on yearly basis. In view of the same, it is […]...

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Notification No. 135/2010-Customs Dated: 31/12/2010

Notification No. 135/2010-Customs (31/12/2010)

G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Departmen...

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Position paper on Identification of tax issues arising out of convergence with IFRS

A Group for identifying direct tax issues arising from convergence of Indian Accounting Standards (IAS) with International Financial Reporting Standards (Ind AS) was constituted by the ICAI, which comprised both of members of the Council of the Insti...

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Posted Under: Custom Duty |

FICCI Call to Defer Compliance Date of IFRS from April 1, 2011

FICCI has urged the Government to defer the date of implementation of compliance with IFRS (International Financial Reporting Standards) by India Inc. from April 1, 2011 to a date when companies are better equipped to deal with the new envisaged acco...

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Posted Under: Custom Duty |

China's top auditor to serve as chairman of UN Board of Auditor

Liu Jiayi, auditor-general of China's National Audit Office (NAO), will take up the position as chairman of the United Nations Board of Auditors (UNBA) starting Jan.1, 2011, the NAO announced in Beijing Wednesday. Liu, who was appointed as auditor-ge...

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Posted Under: Custom Duty |

SEBI – Master Circular on Administration of Stock Exchanges, Arbitration in recognised Stock Exchanges and Stock Exchanges/trading platform for Small & Medium Enterprises including guidelines for Market Makers

Masyer Circular No. MRD/DSA/SE/43/2010 (31/12/2010)

This Master Circular consolidates the circulars/directions issued by SEBI in this regard up to December 31, 2010 as listed in the Schedule and shall come into force from the date of its issue....

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SEBI – Master Circular on Matters relating to Exchange Traded Derivatives

Master Circular No. DNPD/7/2010 (31/12/2010)

This master circular seeks to consolidate all the applicable circulars issued on the subject as on date. The list of previous circulars on the subject is referred to in Annexure VII....

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SEBI issues Master Circular for Stock Exchange – Cash Market

Master Circular No.. MRD/DP/42/2010 (31/12/2010)

Securities and Exchange Board of India (SEBI) has been issuing various circulars from time to time. In order to enable the users to have an access to all the applicable circulars at one place, Master Circular for Stock Exchange/ Cash Market has been prepared....

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SEBI issues Master Circular for Depositories

Master Circular No. MRD/DP/41/2010 (31/12/2010)

Securities and Exchange Board of India (SEBI) has been issuing various circulars/directions from time to time. In order to enable the users to have an access to all the applicable circulars/directions at one place, Master Circular for Depositories has been prepared....

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