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Archive: 23 January 2011

Posts in 23 January 2011

Forthcoming changes in eTDS Filing

January 23, 2011 264 Views 0 comment Print

In a meeting with Software Vendors on Jan 21, 1011, NSDL has outlined the following changes in eTDS Statement filing for the Fourth Quarter filing Mandatory Mobile Number It will be mandatory for responsible person to provide mobile number. Howev

Housing prices may fall by up to 20 per cent in Mumbai and Delhi-NCR in next 6-8 months

January 23, 2011 180 Views 0 comment Print

Housing prices could fall by up to 20 per cent in Mumbai and Delhi-NCR sooner than expected if RBI raises key rates in its upcoming monetary policy review, says a report by property consultant Jones Lang LaSalle. “An increase in lending rates is al

High food inflation effect- 'RBI may raise policy rates by up to 50 basis points'

January 23, 2011 195 Views 0 comment Print

High food inflation is most likely to weigh on the Reserve Bank, which is widely expected to raise key policy rates by at least 25 basis points in its monetary review due on Tuesday, top bankers said. “Conventional wisdom says that there should be a

Wholly-owned subsidiaries (WOS) will raise tax liability of foreign banks

January 23, 2011 315 Views 0 comment Print

Tax liabilities of foreign banks will rise marginally if the Reserve Bank makes it mandatory for them to conduct their operations in the country through wholly-owned subsidiaries (WOS) rather than a branch model, experts said today. “Although the W

DGFT's new cotton export license policy for transparency

January 23, 2011 316 Views 0 comment Print

The Director General of Foreign Trade (DGFT) has not included ‘prior experience’ as a pre-condition for people seeking cotton export permit to keep the licensing policy simple and transparent. “When we invited applications we asked who wanted to ex

Unique Code Nos to CAs check fraudulent practices

January 23, 2011 405 Views 0 comment Print

The Institute of Chartered Accountants of India will introduce unique code numbers (UCD) from next month for Chartered Accountants (CAs)to help them check increasing incidents of fraudulent practices, including forged attestations, ICAI President Ama

Black money – Liechtenstein rejects help to India

January 23, 2011 327 Views 0 comment Print

Liechtenstein has declined help in India’s quest for suspected black money trail to the small but rich European country bordering Switzerland, citing absence of a bilateral treaty for such information exchange. The Indian government is facing intens

Sachin Tendulkar is Coke's 'Happiness Ambassador'

January 23, 2011 255 Views 0 comment Print

Master Blaster Sachin Tendulkar will now endorse the softdrinks giant Coca Cola after the company today announced signing the master blaster as its ‘Happiness Ambassador’. We are extremely pleased to have Sachin on board as the Company’s ‘Happines

IT department’s website vulnerable to malicious attacks- NTRO

January 23, 2011 372 Views 0 comment Print

The National Technical Research Organisation (NTRO) has warned that individual Income Tax records can be accessed in an unauthorised manner by outsiders via cyber attacks. Through a letter dated January 17, the NTRO alerted the Central Board of Direc

Analysis of CA Final Exams held in Nov-2010 and CPT (Paper-pencil mode) held on 19th Dec-2010- Toppers, Pass Percent etc

January 23, 2011 1551 Views 0 comment Print

The toppers of Final Examinations held in November, 2010 are from Bangalore, Delhi, Mumbai and Ahmedabad. The details of the top three rank holders on all India basis for Final (old Course) along with the marks secured by them are mentioned at Annexure-A. The details of percentage of candidates passed in the above said examination are placed at Annexure-B.

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