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How to Verify Digitally Signed Certificate on MCA21 portal

May 8, 2012 1604 Views 0 comment Print

1. You will need to click the link ‘Verify digitally signed certificate’ available on the MCA21 portal home page to view the same. 2. Once the CIN/Company name is entered for the Company for which the Certificate is to be viewed, a list of Forms for which Digitally Signed Certificate is available will be displayed

Empanelment with DFCCIL for Maintenance of Accounts

May 8, 2012 2106 Views 0 comment Print

Dedicated Freight Corridor Corporation of India Ltd. – Sealed Bids in Single Packet system are invited from eligible Consultants for Outsourcing of Maintenance of Accounts on monthly basis for DFCCIL for a period of two years extendable by additional one year.

Empanelment with HPGCL for preparation of Fixed Assets Registers & physical verification of assets

May 8, 2012 2547 Views 0 comment Print

Sealed tenders in two parts (i) Technical Bid and (ii) Price Bid are invited from reputed firms of Chartered Accountants/ Cost Accountants/ Management Consultants having experience of preparation of Fixed Assets Registers and physical verification of assets of Public Sector Corporations preferably power sector generating utilities, for preparation of Fixed Assets Registers and physical verification of assets of HPGCL for the financial year 2011-12 and 2012-13. The last date of receipt of tenders is 28.05.2012 at 3.00 PM and the part – I of bid shall be opened on the same day i.e. 28.05.2012 at 4.00 PM.

Portable Provident Fund A/c numbers coming soon

May 8, 2012 2004 Views 0 comment Print

EPFO is reportedly planning to provide portable numbers to salaried individuals. The move might stem the trend of premature withdrawal which most people prefer over getting their accounts transferred while switching jobs.

Maternity Benefit Act, 1961

May 8, 2012 12228 Views 0 comment Print

8(1) Every woman entitled to maternity benefit under this Act shall also be entitled to receive from her employer a medical bonus of one thousand rupees, if no pre-natal confinement and post-natal care is provided for by the employer free of charge. (2) The Central Government may before every three years by notification in the Official Gazette increase the amount of medical bonus subject to the maximum of twenty thousand rupees

No Case of Data Leak & Refund Frauds Detected Due to Outsourcing of Infotech Functions by IT Department

May 8, 2012 3057 Views 0 comment Print

The outsourcing of infotech functions by the Income Tax (IT) Department has emerged after extensive discussions, rigorous evaluation and comprehensive examination by various authorities. Till now no instance has come to light of involvement of Vendor Personnel of Service Providers of Centralised Processing Centre (CPC) and E-filing in data leak and refund frauds.

Value of Assets Seized in Searches Conducted by Income Tax Department Stood at Rs. 905.61 Crore in 2011-12

May 8, 2012 795 Views 0 comment Print

The Government has received a number of cases of information relating to remittances, payments and money held in foreign bank accounts etc. under the provisions of the DTAAs/TIEAs. Every reliable information, including information received from outside the country, is verified according to the provision of Direct Tax laws and action is taken to bring undisclosed amounts to taxation. Penalties are levied in cases of concealment. In appropriate cases, prosecution proceedings are initiated.

Clarification on AIRCEL Issue

May 8, 2012 690 Views 0 comment Print

The Central Government’s attention has been drawn to a report in one newspaper containing allegations against a proposal for foreign investment that was considered by the Foreign Investment Promotion Board (FIPB).

Analysis of Budget 2012 proposals, Changes & effects

May 8, 2012 4140 Views 0 comment Print

In the budget 2012, our Finance Minister Mr Pranab Mukherjee announced a series of proposals which intended to check tax evasion, improve tax compliance and tax collection. The most important among these proposals are: GAAR, TDS on immovable property purchases, Excise duty on gold jewellery etc. Today in the Budget bill discussion in the Parliament, the Finance Minister amended some of the proposals that he announced in the budget day. Here is a synopsis of the original proposals, the changes and the effects of such changes.

ICSI – Applicability of Schedule VI of Companies Act, 1956 for June 2012 Examination

May 8, 2012 1394 Views 0 comment Print

Since any amendment coming into force before six months from the date of exam ination forms part of syllabus for examination, the new Schedule VI of the Companies Act, 1956 shall be applicable to June, 2012 exam ination.

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