Financial News India: Read all the latest finance news on credit card, online payment, bank loan interest rate, scams, GDP growth Inflation, Saving schemes, PPF, NSC, KVP Bank, FD calculators ULIP IIP numbers
Finance : Explore yoga fitness market trends, retention strategies, and tech innovations. Uncover insights on customer loyalty, VR classes, ...
Finance : Explore the valuation requirements across different laws in India, including the Companies Act, IBC, SEBI, RBI, and Income Tax Act...
Finance : Learn about Section 270A introduced in Finance Act 2016, effective from April 1, 2017, outlining penalties for under-reporting and...
Finance : Learn how the P/E ratio can guide your mutual fund investments. Understand its significance in stock selection, portfolio valuatio...
Finance : Explore the benefits of P2P investing with 13Karat compared to traditional methods. Discover high returns, risks, liquidity, and e...
Finance : New IFSC regulations effective June 6, 2024, govern bookkeeping, accounting, taxation, and financial crime compliance services, im...
Finance : IFSCA reviews Fund Management Regulations 2022 to enhance ease of business, introduce safeguards, and provide clarifications. Publ...
Finance : Discover the risks of UPI cash deposits, recent transaction statistics, safety measures, and future plans for cross-border UPI int...
Finance : SEBI's July 2024 update addresses allegations of stock market manipulation via exit polls and reveals the top sellers on June 3, 2...
Finance : Understand IFSCA's Ship Leasing Circular FAQs 2024. Learn permissible activities, definitions, and guidelines for ship lessors in ...
Finance : In present facts of the case, the Hon’ble High Court have given observations on the issue of unstamped arbitration agreement. It...
Finance : Reviewing the landmark UK Supreme Court decision in Barclays Bank UK PLC vs Philipp case. Analysing its global implications on ban...
Finance : Delhi High Court held that if the investigation is not completed then merely because the report has been filed, the right of statu...
Finance : Frequent vacancy arising in DRT is an issue which needs consideration by Government and practical solution has to be found at the ...
Finance : Syed Adeel Shah Vs Directorate of Enforcement (Jammu and Kashmir High Court) It appears that in an earlier round of litigation whe...
Finance : IFSCA extends bullion trading guidelines until October 31, 2024, or until revised requirements are issued, according to circular F...
Finance : IFSCA circular allows CRAs in IFSC to offer ESG ratings and data products, promoting sustainability, transparency, and governance ...
Finance : IFSCA Circular IFSCA-PLNP/40/2024 outlines new guidelines for Credit Rating Agencies in the IFSC, following SEBI's latest regulati...
Finance : IFSCA Circular allows Credit Rating Agencies to value assets under the Fund Management Regulations, 2022. Effective immediately as...
Finance : Explore the International Financial Services Centres Authority (IFSCA) Regulations 2024, governing payment and settlement systems ...
Mangalore based Foradian Technologies Pvt. Ltd has made it possible for users to use the new Rupee symbol by creating a font called Rupee-Foradian.Follow the below steps to Use the new Rupee symbol right away!Visit Foradian company’s blog http://blog.foradian.com and download the font to your system. Copy it to C:/windows./Fonts folder on your computer.
Inflation-hit Delhiites can breathe a little easy with Delhi Government today slashing the value added tax (VAT) on diesel to 12.5 per cent from the existing 20 per cent which would bring down the fuel prices by Rs 2.70 per litre to Rs 37.50 per litre in the city.
Futures Trading in Commodity is a natural outgrowth of the problems of maintaining and managing supply of Agricultural Products and other commodities. Worldwide there are many exchanges operating in commodity futures. It has a very long history in today’s world, the first exchange “The Chicago Board of Trade” (CBOT) was established in 1848 for trading in commodity futures. In 1880 and 1890 the New York Coffee, Cotton and Product Exchanges became operative.
The Comptroller and Auditor General of India has asked the state government to take speedy and effective action for realising Rs 10,221 crore of unrealised revenue from various departments. The report of the Comptroller and Auditor General of India (revenue receipts) for the year that ended 31 March 2009, which was tabled in the assembly on Thursday,
Business valuation is a process and a set of procedures used to estimate the economic value of an owner’s interest in a business. Valuation is used by financial market participants to determine the price they are willing to pay or receive to consummate a sale of a business. In addition to estimating the selling price of a business, the same valuation tools are often used by business appraisers to resolve disputes related to estate and gift taxation, divorce litigation, allocate business purchase price among business assets, establish a formula for estimating the value of partners’ ownership interest for buy-sell agreements, and many other business and legal purposes.
And who better than we professionals have powers as well as sense of such big responsibility therewith? Many professionals prove this by excelling in the various fields of accounting and auditing. The Institute of Chartered Accountants of India is always full of activities for developing the nature of work pattern & services provided by the professionals. One of these responsibilities, which the auditor is expected to fulfill, is ‘Audit Planning and Audit Documentation’.
The Union Cabinet today approved the acquisition of State Bank of Indore by State Bank of India (SBI) and also accorded `in-principle’ approval to introduce a Bill in the Parliament for making consequential amendments in the State Bank of India (Subsidiary Banks) Act, 1959, to remove references of State Bank of Indore.
A public competition was held amongst resident Indian citizens inviting entries for the symbol, which reflects and captures the Indian ethos and culture. Over 3000 entries were received, which were evaluated by a Jury headed by the Deputy Governor, RBI, which also included experts from three reputed art and design Institutes. The entries were presented to the Jury in such a manner that identity of the competitors was not revealed to the Jury members. The Jury selected five final entries and also gave its evaluation of these five entries to the Government to take a final decision.
From now on, the price of petrol will be revised once a month. However, there will be no immediate change in its price. Such a decision was on the cards ever since the oil ministry decided, on June 25, to deregulate the petrol price. The periodicity was finalised after a meeting of the heads of the three state-owned oil companies -Indian Oil Corporation (IOC), Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL) –
It has been stated in said circular that when departmental auditors do Special or Test Audit they are reporting the misutilisation and misappropriation of funds of Co-operative Societies. However, Statutory Audit report does not reflect misutilisation and misappropriation of funds of the same year.
