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Indian Economy Amid Turmoils & the Road Ahead

April 19, 2016 2014 Views 0 comment Print

India is a unique place having great diversity. It is probably the only nation in the world which contains within itself the greatness, civilizations and cultures of the ancient’s era as well as the wonders of the modern time.

GST by no means be ‘anti-poor’

April 19, 2016 3424 Views 0 comment Print

Referring the editorial in the Hindustan Times, Congress will continue to oppose GST Bill by saying it an ‘anti-poor’. It is congress driven system which we are following from the decades. Now, we may have a new form of taxation in the name of Goods and Service Tax, which is also an idea originated by the earlier Government.

Compliance Calendar for Equity Listed Companies

April 19, 2016 7903 Views 1 comment Print

COMPLIANCE CALENDAR FOR EQUITY LISTED COMPANIES Quarterly / Half Yearly / Annual Compliances Under Chapter II & IV SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 Applicability: – This compliance calendar shall apply to a listed entity which has listed its specified securities {2(1) (zj) SEBI Issue of Capital and Disclosure Requirements (ICDR) Regulations 2009 […]

Govt to make efforts to bring Back Kohinoor Diamond

April 19, 2016 1822 Views 0 comment Print

Government Reiterates its Resolve to Make all Possible Efforts to Bring Back Kohinoor Diamond in an Amicable Manner.The Government of India wishes to put on record that certain news items appearing in the press regarding the Kohinoor Diamond are not based on facts.

CBI arrests a Service Tax Superintendent for accepting bribe

April 19, 2016 4084 Views 0 comment Print

The Central Bureau of Investigation has arrested a Superintendent of Service Tax Commissionerate, Nehru Place, New Delhi for demanding & accepting a bribe of Rs.1,50,000/- from the complainant.

Reg. Benefit of MEIS on exports of Tamarind Kernel Powder

April 19, 2016 2845 Views 0 comment Print

It has been brought to the notice of this Directorate that some exporters are classifying the item Tamarind Kernel Powder under ITC(HS) Code 11063010 and claiming MEIS benefit. It is clarified that the correct ITC(HS) Code of Tamarind Kernel Powder is 13023290 on which MEIS benefit is not available.

RBI amends provisioning norms in respect of fraud cases

April 18, 2016 1777 Views 0 comment Print

Banks should normally provide for the entire amount due to the bank or for which the bank is liable (including in case of deposit accounts), immediately upon a fraud being detected. While computing the provisioning requirement, banks may adjust financial collateral eligible under Basel III Capital Regulations – Capital Charge for Credit Risk (Standardised Approach), if any, available with them with regard to the accounts declared as fraud account;

Factors that impact your CIBIL score

April 18, 2016 10198 Views 0 comment Print

Banks and financial institutions have a stringent process of screening the loan applications. They use the CIBIL score of an individual to check his credit worthiness. CIBIL (Credit Information Bureau of India) acts like a central database of loan and credit card information. Based on the payment records of customers it calculates a CIBIL Score and prepares a credit report which is then used by the banks to assess the loan eligibility. Given the fact that the CIBIL score is the first major deciding factor on whether you qualify for a loan or not it is imperative for you to have a good CIBIL score. Let’s understand the factors that affect your credit score.

FISDOM – an app to assist you with all your investments

April 18, 2016 5566 Views 0 comment Print

Everyone wants to invest their savings and rotate money in a right way. High Net worth Individuals has advisors to assist them in their investments while we too have a friend to assist us. Our friend’s name is ‘Fisdom’ who is just a click away in google play. Just download it and invest money to build your dream home or purchase a dream car for your loved ones.

MCA enables cancellation of SRN

April 18, 2016 27829 Views 10 comments Print

My account is debited on making online payment; however, corresponding challan/receipt is not generated and system does not allow filing of the form again. What should I do next? OR The payment was made but the SRN status is ‘Pending for Payment’ or ‘Not Paid’. What should I do next? You need to cancel your […]

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