The Institute of Chartered Accountants of India (ICAI) announced the results of Chartered Accountants Final Examination held in Nov, 2012 on 21.01.2013. The top three rank holders on all India basis of Chartered Accountants Final Examinations held in November, 2012 are from Mumbai, Rajamahendravaram (Andhra Pradesh) and Coimbatore (Tamil Nadu) respectively and their details along […]
The banks which have not issued long-term bonds (minimum maturity of 5 years) to the extent of their exposure to the infrastructure sector (minimum residual maturity of 5 years) could utilize the room available to issue more Long Term bonds which would help release resources for extending long-term fixed rate loan products.
The Directorate General of Central Excise Intelligence (Hqrs.), New Delhi has booked a case of Service Tax evasion against M/s Tops Security Limited, Mumbai. The search operations at 41 offices of the Tops Security Group revealed that the group was raising invoices including Service Tax payable on its customers but were not depositing the same in the Govt. exchequer.
ICSI Elects CS S. N. Ananthasubramanian as PRESIDENT & CS Harish K. Vaid as VICE-PRESIDENT of the Council of the Institute Company Secretaries of India (ICSI) w.e.f. 19th January, 2013.
The Government has proposed to provide a link between the Gold ETF (Exchange Traded Fund) and the Gold Deposit Scheme. The objective is to unfreeze or release a part of the gold physically held by mutual funds under Gold ETFs and enable them to deposit the gold with banks under the Gold Deposit Scheme.
The Council at its 321st Meeting held in January, 2013 has relaxed the eligibility criteria, in order to mitigate the hardships being faced by the students registering under Direct Entry Scheme to Chartered Accountancy Course on or after 1st October, 2012, as under, so as to be eligible to appear in the Intermediate (Integrated Professional Competence) Examination to be held in November, 2013.
The Finance Minister reiterated the commitment of the Government of India to a stable tax regime, moderate tax rates, non- adversarial tax administration and a fair mechanism for dispute resolution. He added that India has been modernizing its tax administration in a way that will minimize transaction costs and maximize taxpayer convenience, without compromising the deterrence factor.
Details Regarding Revision in Passenger Fares W.E.F. 22.01.2013 The Ministry of Railways has now issued circular giving details of its decision to revise Passenger Fares w.e.f. 22.01.2013. Details of the fare revision are as under:- 1. Minimum Fare: The Minimum fare chargeable will be Rs. 5. 2. Development Charge: On the revised basic fares which […]
The Ministry of Corporate Affairs has launched a new search facility on its website for unpaid and unclaimed amounts lying with the companies. Investors can visit the web page www.iepf.gov.in and obtain information regarding such amounts by providing any of the following combination:
An Income Tax Commissioner was Wednesday directed by the Delhi High Court to get himself psychologically assessed for making “lewd” and “scurrilous” statements against female colleagues despite previous warnings.
