News

MDR charges on transactions of value less than Rs. 2000 to be subsidised

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved that the Merchant Discount Rate (MDR) applicable on all debit card/BHIM UPI/ Aadhaar enabled Payment System (AePS) transactions upto and including a value of Rs. 2000 will be borne by the Government for a period of two years with effect from 1st January, 2018 by r...

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Inter-State e-way Bill to be compulsory from 1st February, 2018

The 24th GST Council Meeting held today through video conferencing decides that Inter-State e-way Bill to be made compulsory from 1st of February, 2018; ...

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Banks demand Increase in TDS limit for Bank interest from current Rs.10,000

It was suggested that TDS limit for Bank interest should be raised from the current Rs.10,000/- especially for senior citizens and pensioners given the current scenario. The limit of Rs.10,000/- was last set in the year 1997. ...

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Vacancy for Credit Control Manager

Vacancy for the post of Credit Control Manager for A Company Based in Mumbai involved in Manufacturing and Trading of Goods. Candidates should be either CA, CS, CMA or MBA finance with 15 to 20 Years of working experience. ...

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Appointment of Concurrent Auditors with National Housing Bank

Request for Proposal: Appointment of Concurrent Auditors National Housing Bank RFP Reference no:- NHB/AAD/RFP/12235/2017 dated December 11, 2017 Request for Proposal (RFP)‑Appointment of Concurrent Auditors All Audits Department Head Office, National Housing Bank Core 5-A, 3rd Floor, India Habitat Centre, Lodhi Road, New Delhi – 1...

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Exposure Draft -Guidance Note on Audit of Banks (2018 Edition)

Your comments on this Exposure Draft -Guidance Note on Audit of Banks (2018 Edition) should reach us by January 13, 2018. Comments are most helpful if they indicate the specific paragraph(s) to which they relate, contain a clear rationale and, where applicable, provide a suggestion for alternative wording. The comments should be sent to:...

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West Bengal FM says GST rollout a hasty one, while J&K & Bihar FMs term GST a landmark move

The implementation of Goods and Services Tax (GST), dubbed as the single-most important reform measure in the annals of Indias taxation regime, witnessed three State Finance Ministers express their views ranging from unprecedented in its adverse consequences, especially for the SMEs...

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Remove clause in FRDA Bill that has created panic among bank depositors: ASSOCHAM to Govt

Government's assurance that depositors' interest in case of a bank going down under would be fully protected should be clearly and unambiguously spelt out in the Financial Resolution and Deposit Insurance (FRDA) Bill and a clause that seeks to treat depositors as other creditors and shareholders for bail- in, must be removed, the ASSOCH...

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Certification Course on GST by Ministry of MSME- Limited Seats

JOIN 4 day GST Certification Course of Ministry of M.S.M.E. at Kolkata, Pune, Mumbai, Bangalore, Indore, Coimbatore, Noida, Cochin and Jaipur in December 2017 and January 2018 starting from 16th December 2017....

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IBBI issues Guidelines for Technical Standards for Core Services

In exercise of the powers conferred by sections 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India (IBBI) notified the IBBI (Information Utilities) Regulations, 2017 which seek to provide a framework for registration and regulation of information utilities....

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