"09 February 2011" Archive

A special post for all of those who cleared CA IPCC Exam

Many many congratulations to all of those who have cleared CA IPCC this time .This is a time of great celebration and hope everyone celebrating his grand success in this exam. Beyond this there is one more thing which you may missed out while being b...

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Posted Under: CA, CS, CMA |

SEBI : Arbitration mechanism of stock exchanges-Applicability of provisions of Limitation Act, 1963

CIR/MRD/DSA/2/2011 09/02/2011

communicate to SEBI, the status of implementation of the provisions of this circular in the Monthly Development Reports to SEBI....

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SEBI – Request for "Interpretive Letter" under the SEBI (Informal Guidance) Scheme, 2003 regarding acquisition of shares by promoters under regulations 11 (1) and 11 (2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (SAST

SEBI : Request for “Interpretive Letter” under the SEBI (Informal Guidance) Scheme, 2003 regarding acquisition of shares by promoters under regulations 11 (1) and 11 (2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (SAST Regulations). LETTER NO. CFD/DCR/IG/DMS/4479/11, DATED 7-2-2011 1. This ...

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Posted Under: CA, CS, CMA |

SEBI Board meeting PRESS RELEASE NO. 24/2011, DATED 7-2-2011

SEBI Board meeting PRESS RELEASE NO. 24/2011, DATED 7-2-2011 The Board met today in Mumbai and took the following decisions: 1. ASBA facility mandatory for QIBs and NIIs: The ASBA facility shall be mandatory for non-retail investors (Qualified Institutional Buyers and Non-Institutional Investors) making applications in public/rights issue...

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Posted Under: CA, CS, CMA |

India taking steps to low sensitive lists for free trade

India today announced that it was taking steps to reduce the sensitive lists of items for free trade as it pitched for early ratification of a SAARC pact in Trade in Services and finalisation of an agreement on Promotion and Protection of Investments to give a fillip to intra-regional commerce....

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Posted Under: CA, CS, CMA |

CII for agriculture tax incentives in Budget 2011-12

Industry chamber CII today called for the government to provide tax incentives on agricultural activities in the forthcoming Budget to encourage private participation and adoption of new technologies in the sector....

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Posted Under: CA, CS, CMA |

Stop looking for sops; Mukherjee to exporters

Ahead of the Budget, Finance Minister Pranab Mukherjee today said exporters will have to "fight" their own battle and stop expecting fiscal incentives from the government....

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Posted Under: CA, CS, CMA |

Finance Minister Releases Report of Task Force on Transaction Cost in Exports

The Report of Task Force on Transaction Cost in Exports was released here today by the Finance Minister, Shri Pranab Mukherjee in the presence of Shri Anand Sharma, Minister of Commerce and Industry and Shri Jyotiraditya M Scindia, Minister of State ...

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Posted Under: CA, CS, CMA |

Report of Task Force on Transaction Cost in Exports – Highlights

The five major Regional Plant Quarantine Stations have been fully equipped to perform their function of preventing the introduction of any insect, fungus or other pest, which is or may be destructive to crops, to facilitate safe global trading in agr...

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Posted Under: CA, CS, CMA |

General Circular No – 2/2011 – dated 08.02.2011 – Direction under Section 212(8) of the Companies Act, 1956

General Circular No: 2 /2011, 08/02/2011

General Circular No: 2 /2011, dated 08.02.2011 Large number of Companies are approaching the Ministry for exemption under Section 212(8) of the Companies Act, 1956. In context of Globalizing Indian Economy, increased number of Subsidiaries and introduction of Accounting Standards on consolidated Financial Statements, Ministry decided to...

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