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Archive: 09 December 2014

Posts in 09 December 2014

Facilitating transaction in Mutual Fund schemes through Stock Exchange Infrastructure

December 9, 2014 613 Views 0 comment Print

This circular is being issued in exercise of powers conferred under Section 11 of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.

Satyam founder B Ramalinga Raju gets 6-month sentence in SFIO case

December 9, 2014 5674 Views 0 comment Print

A local court from Hyderabad on 08.12.2014 convicted Satyam founder B Ramalinga Raju, accused of one of the most sensational corporate frauds  in the country, and other accused in connection with complaints filed by Serious Fraud Investigation Office (SFIO).

Preference of e-Journal over Hard Copy of Journal – ICAI aks Members opinion

December 9, 2014 1437 Views 0 comment Print

Preference of e-Journal over Hard Copy of Journal Kind Attention: All Members of ICAI The Office of Editorial Board, of late, had received requests from some of the ICAI members asking us to stop sending free (mandatory) hard copy of the Journal and begin sending the soft copy instead. The Editorial Board appreciates their environment-friendly […]

Summary of ICAI Campus Placement Programme-August, September & October, 2014

December 9, 2014 1087 Views 0 comment Print

952 Chartered Accountants accepted the Job offers. The Highest salary offered for Domestic posting was Rs. 17 lacs Per Annum. The Highest salary offered for International posting was Rs. 24 Lacs per annum. The average CTC offered was approx Rs 7.28 Lacs Per Annum.

FAQs on applicability of SEBI (Research Analysts) Regulations, 2014

December 9, 2014 996 Views 0 comment Print

Frequently Asked Questions (FAQs) on the applicability of SEBI (Research Analysts) Regulations, 2014 SEBI (Research Analysts) Regulations, 2014 (“RA Regulations”) were notified on September 01, 2014 and came into effect from December 01, 2014. The RA Regulations are available on the SEBI website. In order to address the queries of various market participants on the […]

Principles of Natural Justice in Taxation Proceedings

December 9, 2014 29773 Views 0 comment Print

It is a matter of grave concern that the Principles of Natural Justice are ignored in Taxation Proceedings; be it proceedings under Vat Act, Income Tax Act, Stamp Act or any other Direct or Indirect Taxes. It has to be clearly borne in mind by the Taxation Authorities that adherence to the Principles of Natural […]

CBEC re-imposes Anti Dumping Duty on Cable Ties

December 9, 2014 5392 Views 0 comment Print

Whereas, the designated authority, vide notification No. 15/20/2013-DGAD, dated the 17th October, 2013, published in the Gazette of India, Extraordinary, Part I, Section 1, had initiated a review in the matter of continuation of anti-dumping duty

Introduction of Digital Life Certificates for Pensioners

December 9, 2014 1383 Views 0 comment Print

As per the present scheme for payment of government pension, pensioners are required to furnish a life certificate in November every year to the bank concerned for continued receipt of pension without interruption. Even though this requirement has been liberalised to enable pensioners to submit their life certificate at any branch of the pension disbursing bank, several pensioners find it difficult to submit the certificates in time for various reasons.

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