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Efforts on to restore cashless treatment facility

July 13, 2010 1315 Views 0 comment Print

Concerned over the plight of patients after withdrawal of the cashless treatment facility by some hospitals at the behest of PSU insurance firms, noted heart surgeon Naresh Trehan on Monday said all-out efforts are underway to resolve the issue.

SEBI directed mutual funds to have uniform exit load

July 13, 2010 615 Views 0 comment Print

The Securities and Exchange Board of India (SEBI) has directed mutual funds (MFs) to have a uniform exit load — a fee charged for early redemptions — for investments through the lumpsum route as well as systematic investment plans (SIPs). The securities market regulator communicated this to mutual funds in a briefly-worded letter without providing any reason, according to two officials at two different fund houses.

Convergence to IFRS will cost dearly to small companies not having ERP

July 13, 2010 928 Views 0 comment Print

The transition to International Financial Reporting Standards (IFRS), from the Indian Accounting Standards, effective April 1, 2011, would require companies to incur direct and indirect costs in areas such as training employees, hiring consultants and trainers and adding new features to revamp IT systems.

Change of Office address of Regional Authority, Raipur

July 13, 2010 1107 Views 0 comment Print

In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy 2009-2014, the Director General of Foreign Trade hereby makes the following amendment in the List of Regional Authorities given under Appendix 1 of Handbook of Procedure (Vol. I) 2009-2014:

SEBI circular on Applications Supported by Blocked Amount (ASBA) facility in public issues- CIR/CFD/DIL/7/2010 , Dated- July 13, 2010

July 13, 2010 2476 Views 0 comment Print

It has been decided to make ASBA bid-cum application forms available for download and printing, from websites of the Stock Exchanges which provide electronic interface for ASBA facility i.e. Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The ASBA forms so downloaded shall have a unique application number and can be used for making ASBA applications in public issues. A sample of the form is enclosed at Annexure A.

50 most likely Interview Questions and Answers

July 13, 2010 77916 Views 8 comments Print

The most often asked question in interviews. You need to have a short statement prepared in your mind. Be careful that it does not sound rehearsed. Limit it to work-related items unless instructed otherwise. Talk about things you have done and jobs you have held that relate to the position you are interviewing for. Start with the item farthest back and work up to the present.

Amendment of SION H-444

July 13, 2010 889 Views 0 comment Print

In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14 and Paragraph 1.1 of the Handbook of Procedures (Vol.1), the Director General of Foreign Trade hereby makes the following amendments/corrections in the Handbook of Procedures, Vol.II, 2009-2014, as amended from time to time.

Post DTC and GST implementation tax collection expected to get double

July 13, 2010 816 Views 0 comment Print

Direct tax collections in the country are likely to double after the proposed Direct Tax Code (DTC) and the Goods and Service Tax (GST) regime come into effect, a top government official has said. “We are moving towards a scenario where I think there will be a substantial increase in collection of taxes when DTC and GST will be in place. GST will help us in direct tax collection,” Central Board of Direct Taxes (CBDT) Chairman S S N Moorthy said.

ICAI asks government to stop giving projects to tainted audit firms

July 13, 2010 567 Views 0 comment Print

Accounting regulator ICAI has asked the government to stop giving assignments to tainted audit firms, a move that would discourage wrong doings and promote entities with honest track records. The Institute of Chartered Accountants of India (ICAI) has mooted this suggestion in its final high powered committee report on Satyam submitted to the corporate affairs ministry.

Public Notice No. 79/2009-14, Dated: 12.07.2010

July 12, 2010 646 Views 0 comment Print

In exercise of powers conferred under Para 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures (Vol.1), 2009-14.

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