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Archive: 29 February 2012

Posts in 29 February 2012

53rd National Cost Convention- 2012

February 29, 2012 645 Views 0 comment Print

For the last couple of years many Corporate have been reporting on Sustainability and Sustainability Performance which includes social, environmental and economic results, which determines the overall stakeholder value.

Transfer pricing – Non-charging of interest in the controlled transactions is comparable with that of non-charging from the uncontrolled transactions, no transfer pricing adjustment can be made on this count

February 29, 2012 2478 Views 0 comment Print

Explore ITAT Mumbai’s decision on transfer pricing adjustment & interest receivable in international transactions, with key details & legal analysis.

Gold Prices and Financial Stability in India – RBI Working Paper Series

February 29, 2012 1929 Views 0 comment Print

There has been an almost unabated rise in the international gold prices in recent months. As gold is an integral part of savings of a large number of savers, this has raised apprehensions whether any correction in gold prices will have destabilising effects on the financial markets. In this backdrop, the present study initially examines the inter-linkages between domestic and international gold prices and then the nature of changes in the factors affecting international gold prices during the last two decades.

Toppers of Company Secretaries Examination, December 2011

February 29, 2012 3430 Views 0 comment Print

COMPANY SECRETARIES EXAMINATIONS, DECEMBER 2011                                                       LIST OF TOPPERS Stage of Exam FIRST RANK SECOND RANK THIRD RANK PROFESSIONAL  PROGRAMME EXAMINATION       Shruti Goyal (ROLL No:138089) Anubhuti Goel (ROLL No:111152) Sweety Chaudhary (ROLL No:121147)

ECBs for Infrastructure facilities within National Manufacturing Investment Zone (NMIZ)

February 29, 2012 759 Views 0 comment Print

As per the extant guidelines, developers of Special Economic Zones (SEZ) are allowed to avail of External Commercial Borrowings (ECBs) under the approval route for providing infrastructure facilities, as defined under the extant ECB policy within the SEZ. Keeping in view the infrastructural needs of the proposed National Manufacturing Investment Zones (NMIZs), it has now been decided to allow developers of NMIZ also to avail of ECB under the “approval route” for providing infrastructure facilities, as defined under the extant ECB policy within the NMIZ. The details are given vide the A.P. (DIR Series) Circular No. 85 dated February 29, 2012.

Delhi Court Jails CA for bribing Sales tax Officer

February 29, 2012 1706 Views 0 comment Print

A former woman sales tax officer and a chartered accountant, who gave her Rs 1,500 in bribe to settle a case, were sentenced to upto three years in jail by a Delhi court which said professionals like doctors and CAs are held in high esteem and should not indulge in corruption.

FEMA: Compilation of R-Returns: Reporting under FETERS

February 29, 2012 10929 Views 1 comment Print

The Reserve Bank of India had issued guidelines to all AD Category-I banks for compilation of R-Returns and reporting under the Foreign Exchange Transactions – Electronic Reporting System (FETERS). On further review, the Reserve Bank has advised the AD Category-I banks about the following changes in reporting of R-Returns under FETERS from the next financial year (i.e., transactions taking place from April 1, 2012) :

DGFT – procedure for ‘on-line’ filing of PRC requests

February 29, 2012 3016 Views 0 comment Print

There could be some supportive documents which an applicant would like to submit. These can be scanned and uploaded. The system has provision to upload up to 5 documents of 300 KB each in gif, html and pdf formats. Further, if required, additional documents may also be submitted by post to ‘The Foreign Trade Development Officer (PRC Section)’, 5th Floor, Udyog Bhawan, New Delhi-110011 or can be scanned and e-mailed to prc@nic.in., quoting the reference number as at (iv) above.

Policy Circular No. 55 (RE-2010)/2009-14, Dated: 29.02.2012

February 29, 2012 604 Views 0 comment Print

Policy Circular No. 9 dated 30.6.2003 and Policy Circular No 15 dated 17.9.2003 prescribe exemption from the registration procedure for imports of approved and unapproved drugs under Advance Authorisation. The issue whether Erythromycin Thiocyanate falls under the purview of these Circulars or not, has been examined in consultation with the Drugs Controller General of India (DCGI).

Expression Handmade includes Braided

February 29, 2012 321 Views 0 comment Print

Amendment in Appendix 37D, Handbook of Procedure, Vol.I -In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby make the following amendment in Public Notice No.77 (RE-2010)/2009-14 dated 05.09.2011.

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