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Download Admit Cards for May 2014 Exams of CA IPC & Final

May 9, 2014 2110 Views 0 comment Print

Admit cards in respect of all eligible candidates admitted to the Intermediate (IPC) and Final May/June 2014 examination, with their photographs and signatures on them, are hosted on www.icai.nic.in. Candidates may print their admit cards from the said website. For downloading/printing of the admit cards, candidates will have to enter the following details on the […]

ECB Policy – Refinance / Repayment of Rupee loans raised from domestic banks

May 9, 2014 1397 Views 0 comment Print

Eligible Indian companies will not be permitted to raise ECB from overseas branches / subsidiaries of Indian banks for the purpose of refinance / repayment of the Rupee loans raised from the domestic banking system in respect of the following:

ECB Policy: Re-schedulement of ECB – Simplification of procedure

May 9, 2014 1180 Views 0 comment Print

As a measure of simplification of the existing procedures, it has been decided to delegate the power to the designated AD Category – I bank to allow re-schedulement of ECB due to changes in draw-down schedule and / or repayment schedule with the following conditions:

No protest/fast by ICSI or its members against provisions of Companies Act, 2013

May 8, 2014 2047 Views 0 comment Print

Announcement It has been reported that in one of the newspapers, a news item has been published stating that ICSI members and students will observe a fast to protest against the provisions of The Companies Act, 2013.

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

May 7, 2014 556 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 11656 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 935 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 49191 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 5248 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).

Service Tax on Hotels & Restaurants Constitutionally Valid – Chhattisgarh HC

May 6, 2014 14453 Views 0 comment Print

i. Whether any service tax can be charged on a sale of an item or vice versa; ii. Whether in view of Article 366 (29A)(f) service is subsumed in sale of food and drinks; iii. Whether section 66E(i) of the 1994-Act is violative of Article 366 (29A)(f) of the Constitution.

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