"09 December 2014" Archive

Facilitating transaction in Mutual Fund schemes through Stock Exchange Infrastructure

Circular No. CIR/MRD/DSA/33/2014 (09/12/2014)

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....

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

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)....

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Posted Under: SEBI |

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

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-fri...

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Posted Under: SEBI |

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

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....

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Posted Under: SEBI |

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

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 var...

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Posted Under: SEBI |

Principles of Natural Justice in Taxation Proceedings

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 […]...

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Posted Under: SEBI |

CBEC re-imposes Anti Dumping Duty on Cable Ties

Notification No. 47/2014-Customs (ADD) (09/12/2014)

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...

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Introduction of Digital Life Certificates for Pensioners

RBI/2014-15/343 DGBA.GAD.H- 2529/45.01.001/2014-15 (09/12/2014)

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 ...

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