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Archive: 24 February 2015

Posts in 24 February 2015

2nd and 4th Saturday of the month will be Bank holiday

February 24, 2015 32886 Views 0 comment Print

Discussions were held between the Indian Banks’ Association representing Managements of Banks and  the authorized representatives of Workmen Unions and Officers’ Association, on wage revision for officers in banks on 23.02.2015 at Mumbai. After holding several rounds of discussions. the parties have mutually agreed as under: 1. The wage revision will be effective from 1.11.2012 […]

Roadmap for Implementation of Ind(AS)

February 24, 2015 3993 Views 0 comment Print

With the G.S.R dated 16/Feb/2015 notified on 22/Feb/2015, Central Government in consultation with NACAS (National Advisory Committee on Accounting Standards have introduced the Companies (Indian Accounting Standard) Rules, 2015. This set of rules do hereby notifies Thirty Nine(39) Ind(AS) as of now.

Listed Companies to Submit Revised Corporate Governance Report

February 24, 2015 2250 Views 0 comment Print

The Bombay Stock Exchange has started issuing Notices to the Listed Companies who submitted Corporate Governance Report for the Quarter ended December, 2014 in old format. Submission of Report in old format considered as non compliance.

Private Placement under Section 42 of Companies Act,2013

February 24, 2015 7098 Views 0 comment Print

कम्पनीज एक्ट 2013 में सिक्योरिटीज इशू करने के उपर बहुत सारे बदलाव किये गए है, अब यदि एक प्राइवेट लिमिटेड कंपनी भी सिक्योरिटीज इशू करना चाहती है तो प्राइवेट प्लेसमेंट प्रोसीजर को फॉलो करना होगा. प्राइवेट कंपनी निम्न दो तरीके से सिक्योरिटीज इशू कर सकती है(धारा 23 ऑफ़ कम्पनीज एक्ट 2013):- Right Share या Bonus Share इशू करके या प्राइवेट प्लेसमेंट प्रोसीजर को फॉलो करके

TARC submits its fourth and final report on tax reforms

February 24, 2015 1697 Views 0 comment Print

The Parthasarathi Shome-led Tax Administration Reforms Commission (TARC) has submitted its fourth and final report to Finance Minister Arun Jaitley. This report suggests many departures from existing methodologies including those on revenue forecasting.

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