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Empanelment for Internal Audit of Power Grid Corporation of India Limited

April 3, 2023 5202 Views 0 comment Print

Empanelment for Internal Audit of Power Grid Corporation of India Limited of Partnership / Limited Liability Partnership Firms Of Chartered Accountants / Cost Accountants POWER GRID CORPORATION OF INDIA LIMITED (A Govt. of India Undertaking) NOTICE INVITING EXPRESSION OF INTEREST (EOI) FOR EMPANELMENT OF PARTNERSHIP / LIMITED LIABILITY PARTNERSHIP FIRMS OF CHARTERED ACCOUNTANTS / COST ACCOUNTANTS […]

MCA imposes penalty on company for Non-filing of Form PAS-3

April 3, 2023 6372 Views 0 comment Print

Whereas, during the course of inspection it has been noticed that the total number of members has been shown as 7291 in NDH-3 as on 31.03.2016 filed by the company whereas as per record maintained with this office no such return of allotment of shares to 7291 members in Form PAS -3 has been filed […]

RBI Master Circular – Lead Bank Scheme (LBS)

April 3, 2023 5607 Views 0 comment Print

Block Level Bankers’ Committee (BLBC) is a forum under Lead Bank Scheme for achieving coordination between credit institutions and field level development agencies at the block level.

RBI Master Circular on Conduct of Government Business by Agency Banks

April 1, 2023 5109 Views 0 comment Print

RBI Master Circular on Conduct of Government Business by Agency Banks – Payment of Agency Commission dated April 1, 2023

Master Circular of RBI on SHG-Bank Linkage Programme

April 1, 2023 2355 Views 0 comment Print

Self Help Groups have the potential to bring together the formal banking structure and the rural poor for mutual benefit. Studies conducted by NABARD in a few states to assess the impact of the linkage project have brought out encouraging

RBI Master Circular- Credit Facilities to Minority Communities

April 1, 2023 2073 Views 1 comment Print

In order to ensure that minority communities secure, in a fair and adequate measure, the benefits flowing from various Government sponsored schemes, Scheduled Commercial Banks (referred to as ‘banks’ hereafter) are advised to ensure smooth flow of bank credit to minority communities.

RBI Master Circular – Credit facilities to SCs & STs

April 1, 2023 1773 Views 0 comment Print

In order to encourage SC/ST borrowers to take advantage of credit facilities, greater awareness among them about various schemes formulated by banks needs to be created through various means such as brochures, visits by field staff etc so that salient features of the schemes, as also the advantages that will accrue to them are known to such borrowers. Banks should advise their branches to organize meetings more frequently exclusively for SC/ST beneficiaries to understand their credit needs and to incorporate the same in the credit plan.

Section 54F exemption on house purchased in the name of assessee’s wife & son allowed

April 1, 2023 11232 Views 0 comment Print

Mukkamala Srihari Rao Vs ACIT (ITAT Ranchi) Whether the sale consideration received by a person from sale of capital asset if applied in the name of his wife or son for purchasing/constructing residential house whether the assessee can claim deduction u/s. 54F or 54 of the Act?. From going through the decision(s) relied on by […]

CBIC amends 8 Custom Notifications of G&J and EOU schemes

April 1, 2023 1548 Views 0 comment Print

CBIC amends 8 Custom Notifications of G&J and EOU schemes vide Notifications No 28/2023 – Customs Dated: 1st April, 2023. GOVERNMENT OF INDIA MINISTRTY OF FINANCE (DEPARTMENT OF REVENUE) Notifications No 28/2023 – Customs | Dated: 1st April, 2023 G.S.R.263 (E)– In exercise of the powers conferred by sub-section (1) of section 25 of the […]

Exemption for import of fabrics under Special Advance Authorization Scheme

April 1, 2023 4605 Views 0 comment Print

Regarding Exemption for import of fabrics under Special Advance Authorization Scheme under para 4.04A of Foreign Trade Policy, 2023 for manufacture and export of garments vide Notification No. 27/2023- Customs Dated:  1st April, 2023. GOVERNMENT OF INDIA MINISTRYOF FINANCE (DEPARTMENT OF REVENUE) Notification No. 27/2023- Customs Dated:  1st April, 2023 G.S.R. 260.(E) .– In exercise of […]

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