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Archive: 07 May 2014

Posts in 07 May 2014

Amends Notification No.62/1994-Cus.(N.T.) Dated: 21.11.1994

May 7, 2014 412 Views 0 comment Print

In exercise of the powers conferred by clause (a) of sub- section (1) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following further amendment in the notification of the Government of India

Empanelment with United Bank of India for Concurrent & Revenue Audit

May 7, 2014 11431 Views 3 comments Print

(Notice for Empanelment of CA firms for Concurrent Audit, Information System Audit and Revenue Audit along with format of Application form) 1.   United Bank of India invites application on the undernoted prescribed format from practicing firms of Chartered Accountants in India who fulfills the eligibility criteria as mentioned here under and are willing to have […]

CMA President's Communique for May 2014

May 7, 2014 803 Views 0 comment Print

When one door of happiness closes, another opens, but often we look so long at the closed door that we do not see the one that has been opened for us.- Helen Keller My Dear Professional Colleagues, I am happy to inform that the Annual Day function will take place at Hotel Ashok, New Delhi […]

No Prepayment / Foreclosure Charges on Floating Rate Loans of individual borrowers

May 7, 2014 47034 Views 56 comments Print

It is advised that banks will not be permitted to charge foreclosure charges/ pre-payment penalties on all floating rate term loans sanctioned to individual borrowers, with immediate effect.

MCA to take action against erring Practicing Professionals

May 7, 2014 4975 Views 0 comment Print

The Registrar shall forward a fortnightly report to the concerned Regional Director as well as to the E-Gov Division. Thereafter, the Regional Director shall forward a consolidated report to the Joint Secretary E-Governance Division on or before 7th of every month as per the prescribed proforma (copy enclosed).

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