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Archive: 2010

Posts in 2010

ICSI issues Directives/Instructions for the Council/ Regional Council Elections -2010

November 29, 2010 624 Views 0 comment Print

The ICSI Election to the Council/Regional Councils – 2010 is to elect highest policy making bodies at the Central and Regional levels. The Members and the Contesting Candidates are advised to exercise utmost Self-Regulation to maintain and uphold the

The result of Online CPT Examination held in the month of October, 2010 declared

November 29, 2010 351 Views 0 comment Print

The result of Online CPT Examination held in the month of October, 2010 declared go to http://220.227.161.82/cpt_onli ne.htm www.icai.org

Government considering introduction of new Bill on emigration

November 29, 2010 459 Views 0 comment Print

The government is seriously considering introduction of a new Bill on emigration in Parliament soon and changes in its policy, including abolition of sponsorship for visit visas, aimed at protecting the interest of Indians working abroad. Minister fo

RBI cautions against money schemes by unauthorised non-banking finance companies

November 29, 2010 387 Views 0 comment Print

The Reserve Bank on Monday cautioned people against money schemes offering assured high returns and asked them not to have deposits with unauthorised non-banking finance companies (NBFCs), which falsely claim to have approval from the central bank to

Clarification regarding Quantity discounts, bonus quantities, etc. cleared without payment of duty under MRP based assessment – reg.

November 29, 2010 731 Views 0 comment Print

A larger bench of CESTAT in the case of Indica Laboratories Vs CCE, Ahmedabad 2007(213) ELT 20(T-LB), has held that quantity discount, bonuses etc. are applicable for the valuation of goods under section 4 of the Central Excise Act, 1944 and not in case of goods valued under Section 4A.

Classification of PXI Controllers, Input/Output Modules, Signal Converters and Chassis and its parts-regarding

November 29, 2010 739 Views 0 comment Print

It has been brought to the notice of the Board that there are divergent practices regarding classification of PXI Controllers, Input/Output Modules, Signal Converters and Chassis and its parts. Essentially, PXI Controllers are designed for measurement and automation applications, which require high performance and a rugged industrial form. Further, Input/Output Modules are tailored

Assocham proposes to develop 14 industrial clusters in Bihar

November 29, 2010 489 Views 0 comment Print

Assocham General Secretary D S Rawat said today that the proposed clusters would provide jobs to 6 lakh people, directly and indirectly. Rawat, who was talking to reporters here after releasing the Assocham’s study report on ‘Cluster Development for

Exemption from disclosure norms can be given by SEBI only- SC

November 29, 2010 690 Views 0 comment Print

Companies seeking exemption from disclosure norms before tapping the capital market can only do so with the prior consent of market regulator Securities and Exchange Board of India (SEBI), the Supreme Court has ruled. The apex court’s direction cam

ICAI may ask members to track end use of loan

November 29, 2010 816 Views 0 comment Print

Auditors will be asked to track the end-use of loans given to corporates when they start annual bank audits in a couple of months. The Institute of Chartered Accountants of India (ICAI), the country’s accounting regulator, has decided to ask member

How to Become a Creative Genius

November 29, 2010 591 Views 0 comment Print

When we measure the creativity of young children, virtually all of them will record as being ‘highly creative’. However, only a small percentage of adults register as being ‘highly creative’. What happened? Schools have crushed creativity. We were

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