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Archive: 2013

Posts in 2013

Analysis of Audited & Un-Audited Bank Branches during 2012-13

October 21, 2013 4593 Views 0 comment Print

The author have analysed the data of Branches under statutory audit of 25 Nationalised banks for Financial Year 2012-13 and it is observed that branches audited of these nationalised banks were ranged between 28.90% to 67.10%.

Notification Appointing Assistant CITs As Deputy CITs – Notification No. 7 of 2013

October 21, 2013 730 Views 0 comment Print

The CBDT has issued Notification No. 7 of 2013 dated 21.10.2013 appointing several Assistant Commissioners of Income-tax (Junior Scale) as Deputy Commissioners of Income-tax (Senior Scale) in the pay scale of Rs. 15,600 – 39,000

CORPORATE SOCIAL RESPONSIBILITY Under Companies Act, 2013

October 21, 2013 8975 Views 0 comment Print

Corporate social responsibility (CSR) also called corporate conscience, corporate citizenship, social performance, or sustainable business is a form of corporate self-regulation integrated into a business model.

Reg. CVD on Steam Coal imported from Indonesia

October 21, 2013 6524 Views 1 comment Print

Under notification No. 12/2012-Customs, dated 17-03-2012 (S. No. 123 of the Table), Steam Coal falling under sub-heading 27011920 attracts basic customs duty (BCD) at 2% and countervailing duty (CVD) at 2%.

Setting Up Of Tax Administration Reform Commission (TARC)

October 21, 2013 969 Views 0 comment Print

Pursuant to the announcement made by the Hon’ble Finance Minister in his Budget Speech 2013-14, the government set-up Tax Administration Reform Commission (TARC) with a view to reviewing the application of Tax Policies and Tax Laws in India

RBI guidelines on opening of branches by scheduled commercial banks

October 21, 2013 7931 Views 0 comment Print

Presently, in terms of reporting requirements as laid down in para 23 of Master Circular DBOD No. BAPD.BC. 18/22.01.001/2013-14 dated July 01, 2013 on Branch Authorisation, banks should report details of opening of a new place of business including Mobile branch/Mobile ATMs, and call centres, and closure, merger, shifting or conversion of any existing place of business immediately and in any case not later than two weeks after opening/closure/merger/shifting/conversion to the Regional Office concerned of the Department of Banking Supervision (DBS), Reserve Bank of India, except in respect of branches in Maharashtra and Goa, which should be reported to DBOD, CO, Mumbai. This reporting requirement would continue.

CPE credit Hours requirements for Calender Year 2011 to 2013 for CAs

October 20, 2013 2267 Views 0 comment Print

CPE credit Hours requirements for the block of 3 years started with effect from 01-01-2011 to 31-12-2013 to be complied with by different categories of members:

Constitution Of Committee to Revisit Extent Manual & Submission Of The Draft Of Manual for TRO

October 19, 2013 1918 Views 0 comment Print

Central Action Plan 2013-14 has given annual action target for the work of Tax Recovery Officers. On a review of the present work of TRO, it has been found that the Manual for TRO which was published in 2007 needs to be revisited afresh, keeping in view the emphasis on recovery of tax

SEBI : Gold Exchange Traded Fund Scheme (Gold ETFs) and Gold Deposit Scheme (GDS) of Banks

October 18, 2013 790 Views 0 comment Print

circular is issued in exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act 1992, read with the provision of Regulation 77 of SEBI (Mutual Funds) Regulation.

Directors Report under Companies Act, 2013- Disclosures in Brief

October 18, 2013 84762 Views 0 comment Print

The Directors Report is the part of Annual Report in which the details of Company has been mentioned. There is no restriction to put any matter in the Directors Report if the Directors have intention to mention there apart from legal provisions. In view of this various company put a lot of matters, issues and publications which are not mandatory for putting in the Directors Report but if directors do, they may.

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