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Archive: 25 January 2011

Posts in 25 January 2011

Standing Liquidity Facilities for Banks and Primary Dealers

January 25, 2011 927 Views 0 comment Print

Accordingly, the Standing Liquidity Facilities provided to banks (export credit refinance) and Primary Dealers (PDs) (collateralised liquidity support) from the Reserve Bank will be available at the revised repo rate, i.e., at 6.50 per cent with effect from January 25, 2011.

Service Tax on recipient of service from abroad applicable only with effect from 18.04.2006

January 25, 2011 450 Views 0 comment Print

The present writ petitions are disposed of holding that the respondents are not entitled to levy service tax on the petitioners upto 17.4.2006, in respect of the services availed by them, as it is clear that Section 66A had been inserted in the Finance Act, 1994, by way of an amendment, by the Finance Act, 2006, only with effect from 18.4.2006, enabling the authorities concerned to levy service tax on the recipients of the taxable service.

Announcement – Last date for submission of physical/on-line forms for PCE, IPCE and Final Examinations – May 2011

January 25, 2011 489 Views 0 comment Print

Applications for admission to Professional Competence Examination (PCE), Integrated Professional Competence Examination (IPCE) and Final examination can be made either through the online mode at http://icaiexam.icai.org or through physical application forms, which are priced as follows:

RBI Hikes Repo, reverse repo rates by 25 bps

January 25, 2011 348 Views 0 comment Print

In a bid to tame prices that has seen annual food inflation soar to double digits, India’s central bank on Tuesday hiked its short-term lending and borrowing rates by 25 basis points that could make commercial, housing and auto loans dearer. Reserv

Discontinuance of CA Final Examination under the old syllabus

January 25, 2011 2844 Views 0 comment Print

Sub: Discontinuance of CA Final Examination under the old syllabus. As announced earlier on the Institute’s website, the Final (Old) examination stands discontinued with the culmination of November, 2010 examination. A detailed announcement regard

Procedure for verification of answer books of CA-Final, PCE, IPCE/ATE-Units, Examinations- Nov 2010 and CPT- Dec 2010

January 25, 2011 399 Views 0 comment Print

Candidates who are desirous of applying for verification of the marks obtained by them in the Nov. 2010 exams are requested to note and follow the procedure detailed below. The application for verification of marks must be in the handwriting of th

You may now become a First Impression Executive

January 25, 2011 303 Views 0 comment Print

The next time you come across a Chief Belief Officer or a First Impression Executive or a Cost Kill Analyst, don’t be surprised. For many a companies are offering fancy designations to employees, which not only makes them feel good but also help re

Micro Credit -A Lifeline for the Poor

January 25, 2011 552 Views 0 comment Print

1. What is Micro Credit? Micro Credit is defined as provision of thrift, credit and other financial services and products of very small amount to the poor in rural, semi-urban and urban areas for enabling them to raise their income levels and impro

FAQ on Commercial Paper

January 25, 2011 6844 Views 0 comment Print

1. What is Commercial Paper (CP) ? Commercial Paper (CP) is an unsecured money market instrument issued in the form of a promissory note. 2. When it was introduced? It was introduced in India in 1990.

CAG Empanelment – Frequently Asked Questions

January 25, 2011 3020 Views 0 comment Print

CAG Empanelment , Google chrome, Firefox , PSU audit, ICAI Registeration number,

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