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Intermediaries to maintain identity details of clients for 10 Years – SEBI

March 12, 2014 1195 Views 0 comment Print

In sub-clause 8.2 of Part II regarding maintenance of records pertaining to identity of clients: The words The records of the identity of clients have to be maintained and preserved for a period of ten years from the date of cessation of transactions between the client and intermediary, i.e. the date of termination of an account or business relationship between the client and intermediary.

DGFT removes restrictions on export of Onion

March 12, 2014 390 Views 0 comment Print

Notification No. 73 (RE-2013)/2009-2014 Export of onion has been made free. Earlier export of onion at Sl. No. 51 & 52 was permitted through STEs.

Inflation Indexed Bonds : Returns to Outperform Inflation

March 12, 2014 2045 Views 0 comment Print

Himanshu Gupta Investors who desire predictable real cash flows can now include indexed bonds in their portfolios. The certain real return will be attractive to investors who are particularly risk averse. It will also be attractive to savers who want to protect their savings from being eroded by inflation. More generally, inflation-indexed bonds can be […]

Excise Duty on Job Work

March 12, 2014 86782 Views 19 comments Print

Normally, if assessee is engaged in manufacturer on job work basis, he has to pay duty on material cost plus job charged. However, if a product covered under MRP provision is manufactured on job work basis, duty will be payable as per provisions of section 4A, i.e. on basis of MRP less abatement.

7 Advantages of Stock Market Software that you should know

March 11, 2014 7220 Views 0 comment Print

Investing in the stock market can never be easy with only one source of information. Very often, the investors of the stock market conduct their own analysis rather than hiring stock market experts. These investors are reliant on the information that is presented to them by external sources or they normally generate their own trends for the stocks that they invest in.

SEBI : Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement

March 11, 2014 325 Views 0 comment Print

.It is observed from the information provided by the depositories that the companies listed in Annexure ‘A’ have established connectivity with both the depositories.

Exemption from Late Fee u/s 20(6) of the MVAT Act

March 11, 2014 15485 Views 0 comment Print

A Dealer had applied for registration on 27th December 2013 under Voluntary Registration Scheme and was granted registration on 15th February 2014. This dealer is required to file quarterly return for the QE 31St December 2013 on or before 21st January 2014.

On Line Empanelment – Andhra Bank for Concurrent Auditors – 2014-15

March 11, 2014 22553 Views 0 comment Print

A declaration to be furnished by the firm that credit facilities availed by the firm or the partners or firms in which they are partners or directors including any facility availed by a third party for which the firm or its partners are guarantors are not turned or are existing as nonperforming assets as per the prudential norms of RBI.

CBEC Denies any Holding of Customs, Excise Duty and Service Tax Refunds/Drawbacks

March 11, 2014 1090 Views 0 comment Print

The Central Board of Excise and Customs (CBEC) has denied the report that the Customs, Excise Duty and Service Tax refunds/drawbacks are being held-up by the Department. This was mentioned in a certain section of media attributing to a statement by President, Federation of India Export Organisations (FIEO) to the effect that Customs, Excise Duty […]

How to Unprotect an excel sheet without password (Updated)

March 11, 2014 285281 Views 45 comments Print

We many times receives excel files from various sources. Sheets of  which are password protected by the author of the file. Sometimes we need to change the content of the file to suit our requirements but we will not be able to  make the changes if the excel sheet is password protected. This document will […]

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