"19 January 2011" Archive

Section 210A – Constitution of National Advisory Committee on Accounting Standards – Notified Committee

Notification No. S.O.107(E) (19/01/2011)

section 210A of the Companies Act, 1956 (1 of 1956), the Central Government hereby constitutes an Advisory Committee to be called the National Advisory Committee on Accounting Standards, consisting of the following persons to advise the Central Government on the formulation and laying down of accounting policies and accounting standards f...

Read More

Notification No. 04/2011 – Income Tax Dated 19/1/2011

Notification No. 04/2011 - Income Tax (19/01/2011)

Notification No. 04/2011 - Income Tax Scientific research expenditure - International Advanced Research, Centre for Power Metallurgy and New Materials (ARC-International), Hyderabad get approval under section 35(1)(iii)...

Read More

CPT June 2011 Examination – ICAI notifies Examination dates, For Filing Date, Examination Centre, Fees etc

- In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to notify that the Common Proficiency Test ( Paper- Pencil Mode) will be held on Sunday, 19th Ju...

Read More
Posted Under: Company Law |

New Trademark Rules (search gets free and Application gets costly)

Intellectual Property Office has also issued the public notice that "The fee for filing of application to register a trade mark for a specification of goods or services included in one class has been increased from Rs.2,500/- to Rs.3,500 /-. The abov...

Read More
Posted Under: Company Law |

ICICI debit card Customers can withdraw cash 1000/- per day from shops

The country's largest private bank ICICI Tuesday said its customers would be able to withdraw cash using debit cards at approved merchant establishments even if they choose not to make purchases from the particular shop. 'This facility will be avai...

Read More
Posted Under: Company Law |

Reveal Swiss bank account holders' names – BJP

The Bharatiya Janata Party on Tuesday asked the Centre to immediately declare names of the Indians who had stashed black money in Swiss Banks. The United Progressive Alliance government should, without any hesitation, make public names of all ...

Read More
Posted Under: Company Law |

Infosys plans to appeal against arbitrary order, Industry Surprised by order

Infosys Technologies Ltd. Tuesday said it will appeal against an order from the income tax department seeking more than 4 billion rupees ($88.8 million) in taxes for software sales made at the overseas premises of its international clients. The Econo...

Read More
Posted Under: Company Law |

RBI revised Service Charges for Cheque Collection – Local, Outstation and Speed Clearing

RBI/2010-11/377, DPSS.CO.CHD.No. 1671/03.06.01/2010-11 (19/01/2011)

Charges fixed should be reasonable and computed on a cost-plus-basis and not as an arbitrary percentage of the value of the instrument. The service charges-structure should not be open ended and should clearly specify the maximum charges that would be levied on customers including charges if any, payable to other banks....

Read More

RBI circular on Credit Support to Micro Finance Institutions (MFIs)

RBI/2010-11/376 DBOD.BP.BC.No. 74 /21.04.132/2010-11 (19/01/2011)

he Reserve Bank of India had held discussions with select banks on December 22, 2010 to get an assessment regarding the ground level situation in the microfinance sector in Andhra Pradesh and other States and the need for any interim measures. The banks informed that collections by MFIs in Andhra Pradesh had deteriorated considerably and ...

Read More

Anand Sinha to take over as Deputy Governor of RBI

Government today cleared the appointment of Anand Sinha , as RBI Deputy Governor in place of Usha Thorat who retired in November last year. The appointment of Sinha, who is Executive Director with the RBI, has been approved by the government, a seni...

Read More
Posted Under: Company Law |