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Finance : This guide explains why senior travellers should review travel insurance coverage, organise medical records, and plan ahead before...
Finance : The article explains how local Indian phone numbers enhance credibility and accessibility for international businesses. It highlig...
Finance : The article explains how borrowing within your affordability and understanding total loan costs can make loan management easier. I...
Finance : The article examines how ATMs are facing cash shortages even though currency circulation is at an all-time high. It argues that ba...
Finance : mployers are increasingly migrating retirement savings from superannuation trusts to NPS due to lower costs, greater flexibility, ...
Finance : The Government has exempted interest and capital gains earned by FPIs on Government securities from income tax with effect from 1 ...
Finance : The Ministry of Finance has introduced a unified portal to help individuals search for unclaimed bank deposits, insurance claims, ...
Finance : The IFSCA clarified that retrocession and retention requirements apply to the entire gross reinsurance premium of IFSC Insurance O...
Finance : The authority observed that except life insurance, other insurance segments under IFSCA regulations align with the statutory defin...
Finance : The Ministry of Finance clarified that claims regarding monetisation of temple gold holdings or issuance of gold bonds to temples ...
Finance : The Supreme Court ruled that vicarious liability under the NI Act cannot arise solely from holding an office in a society or compa...
Finance : The Supreme Court refused relief to borrowers who defaulted from the very first instalment after availing an ₹8.09 crore loan. T...
Finance : The Supreme Court upheld a Will executed in favour of the testator’s sister despite objections from his wife and children. The C...
Finance : The Supreme Court held that insolvency proceedings under the IBC cannot be invoked merely to recover disputed dues arising from co...
Finance : The issue was whether indemnity obligations arise only after final appellate confirmation. The Supreme Court held that liability a...
Finance : IFSCA clarified that a common brand name by itself is sufficient to establish a Group Entity relationship under the ship leasing f...
Finance : IFSCA has consolidated multiple regulations and circulars into a single Master Circular for Stock Exchanges and Clearing Corporati...
Finance : IFSCA has introduced a standardized ACAR and ACAC reporting framework for Capital Market Intermediaries in IFSCs. The circular aim...
Finance : IFSCA has warned regulated entities that advanced AI models can accelerate cyberattacks by rapidly identifying and exploiting vuln...
Finance : The International Financial Services Centres Authority clarified that existing ASPs and TechFin entities continuing operations und...
Though I had to face inevitable struggles in legal profession even after having the required qualities to succeed in profession, I always feel that the legal profession is one of the noble professions which can contribute alot to the society apart from the personal development of that particular professional. When it comes to law, I always felt that it is not important as to which college one studies, and it all depends upon the encouragement provided by few faculty members and alot depends upon the interest of that particular student to excel in his studies. I have had the privilege of associating with highly talented students even in ordinary law colleges or Government Law Colleges in this Country. It is true that a law student requires some guidance and he should have good understanding of the legal profession and the requirement of possessing certain basic qualities like drafting, thinking, logical thinking, hard-work, planning etc.
Facing questions over jurisdiction, Comptroller and Auditor General (CAG) Vinod Rai has said the watchdog has got ‘unfettered’ powers to conduct ‘performance audit’ which includes going into issues like 2G spectrum allocation and profit-sharing in petroleum. Referring to the controversy surrounding gas allocation from KG-D6 basin, he said the audit in this case was done under the “aegis” of the Oil and Petroleum Ministry and made it clear that CAG was seeking a response from private operators like Reliance through the Ministry without ‘entertaining’ them directly.
Housing prices have declined in eight major cities by up to 15% during January-March period of this year due to a slowdown in property demand, according to the latest data of the National Housing Bank. The prices, however, have increased in six cities, including Delhi, while rates remained flat in Patna.
Despite the popularity of the EPF as a saving tool, not many people are enthused by or even aware of the Employees’ Pension Scheme. Introduced in 1995, it is funded by diverting 8.3%, or a little more than a third of your PF contribution. The pension on retirement is linked to the number of years in service and the average salary drawn in the year before retirement.
The Ind As have been prepared by NACAS and with its recommendation submitted to MCA.NACAS adopted due consultative proposed of hosting the draft Ind As insisting comments/suggestions and therefore after deliberated with industries representative in NACAS. The finally recommended Ind AS have the following carve outs. These carve outs have been made to fill up the gap/differences in application of Accounting Principles Practices and economic conditions prevailing in India.
India’s Exports during May, 2011 were valued at US $ 25941.28 million (Rs. 116488.01 crore) which was 56.93 per cent higher in Dollar terms (53.82 per cent higher in Rupee terms) than the level of US $ 16530.85 million (Rs. 75730.31 crore) during May, 2010. Cumulative value of exports for the period April-May 2011 -12 was US $ 49790.60 million (Rs 222307.44 crore) as against US $ 34272.98 million (Rs154681.89 crore) registering a growth of 45.28 per cent in Dollar terms and 43.72 per cent in Rupee terms over the same period last year.
The Committee appointed by the Ministry of Social Justice and Empowerment, Government of India, to draft a New Legislation replacing the existing Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act, 1995, presented the final draft of the new law, “The Rights of Persons with Disabilities Bill, 2011”, to Shri Mukul Wasnik, Minister for Social Justice and Empowerment. The proposed law seeks to repeal the Persons with Disabilities Act of 1995 and to replace it with a comprehensive rights based law in accordance with the provisions of the United Nations Convention on the Rights of Persons with Disabilities (UNCRPD).
The Central government proposed to give investment subsidies to the tune of Rs 1 lakh crore to give a big boost to the country’s electronics industry in the next ten years, a key official said today. This push is expected to generate Rs 4 lakh crore of investment in the sector and also create 20 million jobs in this decade, Joint Secretary in the Department of Information Technology Ajay Kumar said here.
The free trade agreement (FTA) between India and Malaysia will come into force from July 1, giving Indian professionals like accountants, engineers and doctors access to the key South-East Asian nation. In addition, exports of items of considerable interest to India, like basmati rice, mangoes, eggs, trucks, motorcycles and cotton garments, will attract lower or no duty in Malaysia with the implementation of the Comprehensive Economic Cooperation Agreement (CECA), according to a statement of the Commerce Ministry issued today.
In just nine months since the launch of the Aadhaar project in Maharashtra, UIDAI has issued one crore Aadhaar numbers. 52 year old, NK Chheda from Maharashtra has the distinction of being the resident whose Aadhaar number was generated on reaching this milestone. Coincidentally, the first resident to get the Aadhaar number, Ranjana Sonawane, is also a resident of Maharashtra. She received her number on 29th September, 2010 in Tembhli village of Nandurbar district.
