(A) Development of e-learning portal for students Development of e-learning portal for providing on-line coaching, web-based learning for students pursuing ICWAI Courses. (B) Web conferencing – Live Virtual Classroom (LVC) A LVC mimics physical classroom but is delivered over the internet. It is a collaborative learning process between Learners and instructors to participate through the medium of internet. LVCs also provide facility of Archived classes, i.e. Students can log-in 24×7 and go through the lecture sessions, which is stored in the web-portal.
The Reserve Bank is likely to make it mandatory for foreign banks in the country to operate as wholly-owned subsidiaries, in line with the international practice, so that the central bank can have better control over their working. Initially, according to sources, the new banks and the existing ones with a few branches will be asked to convert into wholly-owned subsidiaries (WoS).
A fraud has been detected at the State Bank of India’s main branch here after Rs 80 lakh were found to be withdrawn from the account of Food Corporation of India (FCI) through a fake cheque, police said today. A person had opened an account in the Punjab National Bank branch at Sikandarabad in Bulandshahr district by submitting fake documents and later a payment of Rs 80 lakhs was cleared by SBI on a fake cheque issued by him, Deputy General Manager of the SBI branch Tilak Raj Sachdeva said.
To immediately redress the grievances of tax payers who have claimed refunds, but because of the default on the part of tax Deductors, tax demands have been created, CBDT advises all the CCITs (CCA) to ensure the following- TDS Returns with very high number of mismatches have been identified by the Systems. Top 15,020 deductors account for a mismatch of Rs 11652 cr (86% of total mismatch amount).RCC – wise details with regard to the same may be downloaded by the CITs (TDS) from ITAXNET & thereafter these TDS Returns may be got corrected;
