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Archive: 10 February 2011

Posts in 10 February 2011

Investment in non-Government Securities- Non-Convertible Debentures (NCDs) of maturity up to one year by standalone Primary Dealers (PDs)

February 10, 2011 585 Views 0 comment Print

IDMD. PCD.No. 26/14.03.05/2010-11 we advise that henceforth PDs are permitted to invest in NCDs with original or initial maturity up to one year issued by the corporates (including NBFCs). However, their investments in such unlisted NCDs should not exceed 10 per cent of the size of their non-G-Sec portfolio on an on-going basis.

CA PCC and IPCC November 2010 Exam Toppers

February 10, 2011 1825 Views 0 comment Print

Photos of those who topped CA PCC and IPCC November 2010 Exam Toppers alongwith their name, CITY, Roll Number, Marks Obtained and Phone Number.

Shashi Kant Sharma takes over as Secretary, Department of Financial Services in Ministry of Finance

February 10, 2011 312 Views 0 comment Print

Shri Shashi Kant Sharma, an officer of Indian Administrative Service (IAS:1976 Batch) of Bihar cadre, has taken over the charge as Secretary, Department of Financial Services, Ministry of Finance, here today. Shri Sharma has succeeded Shri R. Gopalan

Notification No. 10/2011-Customs (N.T.) Dated: 10/02/2011

February 10, 2011 235 Views 0 comment Print

Notification No. 10/2011 – Customs (N.T.) Date- 10th February, 2011 G.S.R. 81 (E). – In exercise of the powers conferred by sub-section (2) of section 75 of the Customs Act, 1962 (52 of 1962), sub-section (2) of section 37 of the Central Excise Act, 1944 (1 of 1944) and section 93A and sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994) read with rules 3 and 4 of the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995, the Central Government hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), number 84/2010 – Custom (N.T.) dated 17th September, 2010 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 765 (E), dated the 17th September, 2010, namely:-

Custom Duty- Amends the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995

February 10, 2011 562 Views 0 comment Print

Notification No. 9/2011 – Customs (N.T.) Dated- 10th February, 2011 G.S.R. 80 (E). – In exercise of the powers conferred by section 75 of the Customs Act, 1962 (52 of 1962), section 37 of the Central Excise Act, 1944 (1 of 1944) and section 93A read with section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995, namely:- G.S.R. 80 (E). – In exercise of the powers conferred by section 75 of the Customs Act, 1962 (52 of 1962), section 37 of the Central Excise Act, 1944 (1 of 1944) and section 93A read with section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995, namely:-

Pass percentage of candidates passed in November 2010 PEE-II, PCE, IPCE exams

February 10, 2011 315 Views 0 comment Print

The details of percentage of candidates passed in the above said examinations are given below , Pass percentage of candidates passed in November 2010 PEE-II, PCE, IPCE exams

ADAG stocks falls heavily as audit firm complains against RCom

February 10, 2011 243 Views 0 comment Print

Anil Dhirubhai Ambani Group (ADAG) stocks on Wednesday plunged after group chairman Anil Ambani reportedly met telecom minister Kapil Sibal in the backdrop of ongoing 2G spectrum scam investigation. Jaipur based audit firm Parakh & Co had examined th

Govt relaxes norms for filing accounts, fixing CEO salary

February 10, 2011 577 Views 0 comment Print

For ensuring ease of doing business, the government today announced flexibility for corporates to finalise accounts and exempted unlisted companies having inadequate or no profit from seeking approval for CEO’s salary.

2G spectrum scam- Govt may finally agree to form JPC

February 10, 2011 309 Views 0 comment Print

Signals that Government may agree to formation of a JPC to probe the 2G spectrum scam emerged today after talks between government and the opposition to break the stalemate in Parliament ahead of the Budget Session. Coming out of the hour-long all-party meeting convened by Finance Minister Pranab Mukherjee, opposition leaders claimed there was consensus on the JPC issue and both the sides were keen that Parliament should function.

ICAI Signs MOU with Canadian Institute of Chartered Accountants

February 10, 2011 2722 Views 0 comment Print

The Institute of Chartered Accountants of India today signed a Memorandum of Understanding with the Canadian Institute of Chartered Accountants for reciprocal membership arrangements. The Memorandum of Understanding was signed Mr. Kevin Dancey, Chi

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