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Latest Articles


Online Trading: What is it and how does it work?

Finance : Discover the ins and outs of online trading: from its definition to how it operates. Learn how online trading platforms have democ...

May 17, 2024 531 Views 0 comment Print

Understanding Debt Consolidation: Simplifying Your Financial Burden

Finance : Streamline debt with consolidation loans. Simplify payments, lower rates & stress. Learn how to manage multiple debts effectively....

May 17, 2024 270 Views 0 comment Print

PPF for NRI’s?

Finance : Learn about PPF for NRIs: eligibility, tax benefits, investment conditions, and common queries answered. Navigate the rules for se...

May 16, 2024 1383 Views 0 comment Print

Statutory Implications of Crypto Currency in India: Analysis & Impact

Finance : Understand the statutory implications of cryptocurrency in India, including RBI regulations, tax implications, and legal considera...

May 13, 2024 606 Views 0 comment Print

5 Ways LEI Numbers Can Safeguard Your Overseas Investments

Finance : LEI stands for legal entity identifier, which is a unique global identifier for different financial transactions. This is a 20-cha...

May 10, 2024 726 Views 0 comment Print


Latest News


IFSCA Report on Non-Resident Business Development & Registration Simplification

Finance : Explore the strategic development of NRI business in GIFT IFSC, benchmarking global financial centers, and enhancing ease of regis...

May 16, 2024 192 Views 0 comment Print

Consultation Paper on Proposed IFSCA Payment & Settlement Systems Board Regulations

Finance : Participate in IFSCA's consultation on proposed regulations for payment systems in International Financial Services Centres. Share...

May 9, 2024 108 Views 0 comment Print

India to operationalise UPI on Ghana Interbank Payment & Settlement Systems

Finance : Discover insights from the 4th Session of India-Ghana JTC where UPI operationalization on Ghana Interbank Payment System and MoUs ...

May 6, 2024 303 Views 0 comment Print

Consultation Paper on Proposed IFSCA (Listing) Regulations, 2024

Finance : Review the draft IFSCA Listing Regulations 2024. Learn about changes in regulations for financial product listings in India's Inte...

May 4, 2024 153 Views 0 comment Print

NPCI Partners with Bank of Namibia for Deploying India’s UPI in Namibia

Finance : NPCI International collaborates with Bank of Namibia to deploy India's UPI in Namibia, boosting financial inclusion and modernizin...

May 2, 2024 432 Views 0 comment Print


Latest Judiciary


Unstamped Arbitration Agreements Lack Legal Validity and May Be Impounded

Finance : In present facts of the case, the Hon’ble High Court have given observations on the issue of unstamped arbitration agreement. It...

September 11, 2023 927 Views 0 comment Print

Bank not liable for money that was fraudulently transferred: UK SC

Finance : Reviewing the landmark UK Supreme Court decision in Barclays Bank UK PLC vs Philipp case. Analysing its global implications on ban...

July 14, 2023 1110 Views 0 comment Print

Merely filing of chargesheet cannot defeat grant of default bail u/s 167(2) of Cr. P.C.

Finance : Delhi High Court held that if the investigation is not completed then merely because the report has been filed, the right of statu...

June 17, 2023 10614 Views 0 comment Print

Frequent Vacancy In DRTs, Practical Solution Needed: Delhi High Court

Finance : Frequent vacancy arising in DRT is an issue which needs consideration by Government and practical solution has to be found at the ...

April 22, 2023 954 Views 0 comment Print

Appellants cannot bypass remedy of appeal by invoking writ jurisdiction of HC

Finance : Syed Adeel Shah Vs Directorate of Enforcement (Jammu and Kashmir High Court) It appears that in an earlier round of litigation whe...

November 23, 2022 1029 Views 0 comment Print


Latest Notifications


Additional Requirements for Finance Company as Ship Leasing Lessor

Finance : IFSCA issued a circular dated May 8, 2024, addressing finance companies registered with IFSCA for ship leasing activity. The circu...

May 8, 2024 177 Views 0 comment Print

IFSCA Circular: New Regulations for Ship Leasing Finance Companies

Finance : Stay informed about the latest regulations from IFSCA regarding ship leasing activities. Learn about additional requirements for f...

May 8, 2024 171 Views 0 comment Print

IFSCA Circular: Import UAEGD Gold Protocol Explained

Finance : Learn how IFSCA Circular 329 impacts Bullion MIIs in IFSC, facilitating UAEGD Gold imports under India-UAE CEPA. Understand eligib...

May 3, 2024 120 Views 0 comment Print

IFSCA Circular: Facilitating NRI & OCI Investments in Indian Securities

Finance : Explore IFSCA's circular facilitating increased investments by NRIs and OCIs in Indian securities through IFSC based FPIs. Get ins...

May 2, 2024 405 Views 0 comment Print

IFSCA Circular: Non-Bank Entities Authorized for Derivative Issuance

Finance : Explore IFSCA's latest circular permitting registered non-bank entities to issue derivative instruments with Indian securities as ...

May 2, 2024 117 Views 0 comment Print


Clarification issued by PF Dept in ‘2005 requirng the inclusion of Leave Encashment for PF contributions

November 22, 2007 2124 Views 0 comment Print

Provident fund contributions need not be deducted from the payment made towards annual leave encashment, the Madurai Bench of the Madras High Court has ruled. Allowing a batch of writ petitions filed by various factories, Justice K. Chandru said leave encashment could not be considered part of the basic wage for deducting provident fund contributions. Employees usually did not exhaust their earned leave; they chose to encash them at the time of retirement, or the sum was paid to their heirs in case of contingency such as the death of an employee. Hence, they would not be benefited at all by provident fund deduction from the encashment of annual leave.

AS-22 related to deferred tax accounting upheld by Apex Court

November 22, 2007 706 Views 0 comment Print

The Supreme Court has upheld the revised accounting standards AS 22 issued by the Institute of Chartered Accountants of India which has been made mandatory for all the companies listed in the stock exchanges since the financial year 2001-02. Dismissing the appeals of a large number of companies that opposed the new policy, the bench headed by Justice SH Kapadia said AS 22 sought to arrive at the true accounting income.

Free gifts may have a tax tag

November 22, 2007 309 Views 0 comment Print

isit a mall this festive season and you are likely to see some huge hoardings announcing bumper draws with prizes of food hampers, gift coupons, diamonds and so on. If you are lucky enough, even a fancy car could be yours. You cannot fail to spot this, as the car revolves seductively at the mall’s entrance enticing everyone who visits the mall.

Common Errors in PC & The First Aid

November 6, 2007 265 Views 0 comment Print

1. MONITOR LED IS BLINKING- Check all the connections like Monitor Cable, Data cables,RAM, Display Card , CPU connections. 2. CONTINUOUS THREE BEEPS- Problem in RAM Connection. 3. THREE BEEPS ( 1 Long 2 Short)- Problem in Display Card Connection.

Period of preservation of accounts or for which books are required to be maintained

November 3, 2007 25225 Views 0 comment Print

Companies Act, 1956 -· A company is required to maintain its books of account and vouchers for a period of 8 years immediately preceding the current year. · A s. 25 company is required to maintain its books of account and vouchers for a period of not less than 4 years. · The books and papers of the Amalgamated/Transferor Company must be not be disposed of without the prior permission of the Central Government

Labour norms eased for firms with 40 workers

October 26, 2007 559 Views 0 comment Print

New Delhi, Oct 25 The Government has approved easing of labour laws to exempt establishments employing up to 40 workers from maintaining mandatory registers and submitting returns.The Government proposes to introduce a simplified form, which will give relief to employers of such establishments, who are currently required to maintain registers and submit returns under various labour laws, the Information and Broadcasting Minister, Mr Priyaranjan Dasmunsi, told presspersons after a Cabinet meeting here.

How to Write a Better Resume

October 26, 2007 306 Views 0 comment Print

whether you’re looking for your first job, hoping for advancement with your current employer, considering a job change, or just getting your records in order, maybe now is the time to make sure your resume is in good shape. Robert Half International offers some tips on building a good resume. A good resume alone won’t get you a job. But a bad resume can prevent you from getting an interview. Since your resume is a primary tool in finding a better job, extra time spent on its preparation is a good investment.

ICAI comes out with new Accounting Standard

October 24, 2007 1016 Views 0 comment Print

Corporates houses, banks and financial institutions have got just 18 months to begin the changeover to a new set of transparency, inducing accounting standards that will have a major impact on their financial statements. The new norms to classify, value and disclose the complex financial instruments they trade in is expected to change the way exposure to many instruments are reported now, besides capturing many unreported exposures. Accounting standard setter the Institute of Chartered Accountants of India (ICAI) last Friday decided to introduce the new standards —recognition and measurement of financial instruments — from April 1, 2009.

Ruling on PF deductions from leave encashment

October 24, 2007 6730 Views 0 comment Print

Allowing a batch of writ petitions filed by various factories, Justice K. Chandru said leave encashment could not be considered part of the basic wage for deducting provident fund contributions. Employees usually did not exhaust their earned leave; they chose to encash them at the time of retirement, or the sum was paid to their heirs in case of contingency such as the death of an employee. Hence, they would not be benefited at all by provident fund deduction from the encashment of annual leave.

LICs Maiden Health Insurance Product Soon

October 10, 2007 603 Views 0 comment Print

Life Insurance Corporation of India will file its maiden health insurance product with the insurance regulator by next month. The product will be a long-term policy and have a savings element, said Mr D.D. Singh, Executive Director (Health), LIC. It will have a unit-linked component and be issued as a family floater policy.

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