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ICSI- Campus Placement at SIRO on 30th June 2011

June 26, 2011 873 Views 0 comment Print

The Institute is organizing a Campus Placement for the fresher members for job and for students for 15 Months Training on Wednesday, the 30th June 2011 at ICSI-SIRC House, No 9, Wheat Crofts Road, Nungambakkam,Chennai-600034. The following process will be followed: 1. Name of the participating companies will be announced at the Campus.

CBI arrests an absconding accused in a forgery and cheating case

June 26, 2011 777 Views 0 comment Print

The Central Bureau of Investigation has today arrested an absconding accused who was involved in the offence of forgery, cheating & duping innocent public. A case was registered by the CBI U/s 420, 467 and 468 of IPC against accused of Vishakhapatnam and others for cheating different persons by presenting forged documents purportedly issued by Director, CBI; British High Commission & Union Finance Ministry (Government of India) and using these forged documents as genuine, thereby inducing the innocent persons to part with huge amounts.

Now file Income tax returns from your mobile phone

June 25, 2011 4924 Views 0 comment Print

Online income tax return filing company TaxSpanner today announced launch of mobile version of its solution that would enable users to file income tax returns (ITR) from their handset. After introducing the eFile by eMail option where customers need to just send us an email with a few details, e-filing of taxes through mobile is the next obvious step for the company, Ankur Sharma, CEO, TaxSpanner said in a statement.

UIDAI – Aadhaar No is now valid ID proof for LPG gas connection

June 25, 2011 1370 Views 0 comment Print

Applicants for new domestic LPG cooking gas connections can now produce the letters of allotment of Aadhaar numbers issued by Unique Identification Authority of India (UIDAI) as proof of identity and proof of address. State-owned fuel retailers have advised their ‘LPG distributors to include the letter of issue of Aadhaar numbers with photograph and address issued by UIDAI as proof of identify and address for release of new LPG connections,’ Bharat Petroleum and Hindustan Petroleum said in identical press statements here.

Clarification on Ensuring Corporate Governance and Proper Compliance of Provisions of the Companies Act, 1956 and Rules made there Under

June 25, 2011 1051 Views 0 comment Print

The Ministry of Corporate Affairs has clarified that its Circular No.33/2011 issued on June 01, 2011 shall be applicable to those defaulting companies and their Directors which have not filed their Balance Sheet and Annual Return for any of the financial year’s 2006-07, 2007-08, 2008-09 and 2009-10 with the Registrar of Companies as required under sections 220 and / or 159 of the Companies Act, 1956.

Govt hikes Diesel Price by Rs 3 per liter / kerosene Rs 2/lt, LPG Rs 50 per cylinder

June 25, 2011 1499 Views 0 comment Print

The Empowered Group of Ministers on fuel headed by Finance Minister Pranab Mukherjee has decided to up diesel prices by Rs 3 per litre, confirmed oil minister Jaipal Reddy. While addressing the press post the EGoM meet, he said kerosene prices have been hiked by Rs 2 per litre while LPG rates have been raised by Rs. 50 per cylinder. The price hike is excluding value added tax (VAT). The oil ministry had earlier said there wouldn’t be any hike in prices.

Mere possession of drugs by doctor not an offence

June 24, 2011 1255 Views 0 comment Print

Quashing a case filed against a cardiologist for stocking various medicines in his hospital allegedly for sale without licence, Madras High Court Bench here on Wednesday ruled that mere possession of drugs would not constitute an offence under the Drugs and Cosmetics Act.

Govt to come out with market-friendly stamp duty norms shortly

June 24, 2011 901 Views 0 comment Print

The centre is likely to come out with a uniform and market-friendly stamp duty structure for transactions in the capital and commodities markets within two weeks, a senior finance ministry official said. Department of Economic Affairs and Department of Revenue are in consultation to evolve a market friendly stamp duty structure, a senior ministry official said.

CCI penalises NSE for abusing dominant market position

June 24, 2011 1168 Views 0 comment Print

In the long-running tussle between the National Stock Exchange (NSE) and its younger rival MCX-SX, the Competition Commission is believed to have penalised NSE for abusing its dominant market position. As a penalty, NSE has been asked to pay 5% of its average annual turnover and also “cease and desist” of unfair trade practices in the currency derivative trading, sources said.

Make public RBI advisory note issued to ICICI – CIC

June 24, 2011 1291 Views 0 comment Print

The Central Information Commission (CIC) has directed the Reserve Bank of India to disclose an advisory note it issued to ICICI Bank for alleged violation of any RBI guidelines or for contravention of the provisions of money laundering and foreign exchange acts. The case relates to an RTI application filed by SS Vohra, who had sought to know details of such advisory notes issued by the apex bank to Patna and Hong Kong branches of ICICI Bank.

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