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Posted Date : 03-Dec-2014 , 10:54:54 pm | Posted By CASANSAAR
n his Budget Speech 2014-15, the Union Finance Minister Shri Arun Jaitley had announced the setting-up of a High Level Committee to interact with trade and industry and ascertain areas where clarity on tax laws is required. Accordingly, a High Level Committee has been constituted with the f...
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Posted Date : 03-Dec-2014 , 12:38:07 pm | Posted By CASANSAAR
CASANSAAR is pleased to announce the launch of CASANSAAR Placement Cell for Chartered Accountants. This Cell will assist Job Seekers & Job Recruiters for best fit.. If you have requirement of CA's in your office / Firm / Company then you can contact&nb...
Continue Reading... Category : General | Comments : 0 | Hits : 2466
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Posted Date : 03-Dec-2014 , 07:58:56 am | Posted By CASANSAAR
With India set to usher in a new era of accounting reforms with the adoption of new Indian Accounting Standards converged with International Financial Reporting Standards, the Institute of Chartered Accountants of India forsees a global demand for Indian CAs. The new standards are to be converg...
Continue Reading... Category : ICAI | Comments : 0 | Hits : 1038
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Posted Date : 02-Dec-2014 , 10:40:03 pm | Posted By CASANSAAR
The Union Cabinet, chaired by the Prime Minister ShriNarendra Modi, today approved the introduction of the Companies (Amendment) Bill, 2014 in Parliament to make certain amendments in the Companies Act, 2013. The Companies Act, 2013 (Act) was notified on 29.8.2013. Out of 470 s...
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Posted Date : 02-Dec-2014 , 10:38:10 pm | Posted By CASANSAAR
Within months of the new Companies Act coming into force, the government today cleared a slew of changes to this law to make it easier for corporates to do business and to ensure severe punishment for those raisingillegal deposits from the public. This would be among the first major initiat...
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Posted Date : 02-Dec-2014 , 07:31:52 pm | Posted By CASANSAAR
As many as 17 firms have been probed by the government's investigation arm the Serious Fraud Investigation Office (SFIO) for corporate frauds in the current financial year so far, the Parliament was informed by Corporate Affairs Minister Arun Jaitley. With this, a total of 81 companies h...
Continue Reading... Category : Corporate Law | Comments : 0 | Hits : 572
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Posted Date : 02-Dec-2014 , 12:15:48 pm | Posted By CASANSAAR
Government of IndiaMinistry of Finance 01-December-2014 Suggestions Invited from General Public for Improving Performance of Public Sector Banks (PSBS) Suggestions from general public as to how to improve performance of Public Sector Banks on various parameters are i...
Continue Reading... Category : Banking | Comments : 0 | Hits : 531
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Posted Date : 02-Dec-2014 , 08:44:48 am | Posted By CASANSAAR
Reserve Bank may keep policy rates unchanged in its upcoming monetary policy review on Tuesday even as the Finance Minister and industry clamoured for the rate cut to prop the economy. The demand for rate cut is also reinforced by the fact that inflation has hit multi-year low and crude oil price c...
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Posted Date : 02-Dec-2014 , 08:33:32 am | Posted By CASANSAAR
A Delhi court has warned Service Tax department against filing "frivolous" and "vexatious" petitions against individuals and wasting the precious time of court and money of common people. Additional Sessions Judge Lokesh Kumar Sharma pulled up the department while rejecting its...
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Posted Date : 01-Dec-2014 , 09:43:14 pm | Posted By CASANSAAR
The United Forum of Banking Unions (UFBU) will go ahead with its relay zonal strikes in various parts of India starting Tuesday to press for wage revision, a union leader said Monday. "The deputy chief labour commissioner in Mumbai convened a meeting between the banking union and Indian Ban...
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Posted Date : 01-Dec-2014 , 06:41:46 pm | Posted By CASANSAAR
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on November 14, 2014, the Central Government has approved fifteen (15) proposals of Foreign Direct Investment (FDI) amounting to Rs. 689.35 crore approximately. &...
Continue Reading... Category : Finance | Comments : 0 | Hits : 945
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Posted Date : 01-Dec-2014 , 08:39:29 am | Posted By CASANSAAR
CASANSAAR offers a Golden opportunity for Professionals, where they could create their own stunning website with multiple designs and templates to choose. It will be completely your own space, which is going to be a Dynamic Website and could be edited as per your wish. By payin...
Continue Reading... Category : General | Comments : 0 | Hits : 939
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Posted Date : 30-Nov-2014 , 09:51:41 am | Posted By CASANSAAR
The Institute of Chartered Accountants said it has approached the Central Government for the mandatory audit of bank branches across the country. According to institute officials, the move would bring about more discipline in banks, especially on the lending front where non-performing asset...
Continue Reading... Category : Banking | Comments : 2 | Hits : 1511
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Posted Date : 30-Nov-2014 , 09:34:37 am | Posted By CASANSAAR
CBDT has ordered an Income Tax department investigation against a number of real estate developers who were recently shown by an investigative portal to be willing to accept alleged black money in property transactions. The apex authority of the I-T department has asked its investigation un...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 758
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Posted Date : 29-Nov-2014 , 08:45:03 am | Posted By CASANSAAR
The government said public sector banks (PSBs) will get autonomy in selection and appointment of their Statutory Central Auditors (SCAs). "The work of selection and appointment of SCAs henceforth, has been delegated to individual PSBs for the year 2014-15 onwards," the f...
Continue Reading... Category : Auditing | Comments : 4 | Hits : 1712
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Posted Date : 29-Nov-2014 , 08:35:25 am | Posted By CASANSAAR
The number of women seeking to get into the number-crunching profession of chartered accountancy (CA) has taken a big leap in the past couple of years. Female enrolments to the Common Proficiency entrance test (CPT) for the CA course, conducted by the Institute of Chartered Accountants of India (ICA...
Continue Reading... Category : ICAI | Comments : 0 | Hits : 787
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Posted Date : 29-Nov-2014 , 08:29:44 am | Posted By CASANSAAR
The Serious Fraud Investigation Office (SFIO) and the Enforcement Directorate (ED) have approached the Institute of Chartered Accountants of India (ICAI) to look into the professional misconduct of its members engaged in financial accounting and auditing in various Saradha group outfits. Th...
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Posted Date : 29-Nov-2014 , 08:25:37 am | Posted By CASANSAAR
Anywhere, anytime bill payment — currently available to only a section of Indians with access to netbanking and that, too, restricted to a handful of utilities — will soon be available for all citizens for all utilities under the Bharat Bill Payment System (BBPS). The Reserv...
Continue Reading... Category : General | Comments : 0 | Hits : 580
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Posted Date : 28-Nov-2014 , 08:44:15 am | Posted By CASANSAAR
Introducing a new concept of niche banking in India, RBI on Thursday issued final norms for payment banks and small finance banks that would allow mobile firms and supermarket chains, among others, to enter the banking arena to cater to individuals and small businesses. The move, aimed at dee...
Continue Reading... Category : Banking | Comments : 0 | Hits : 644
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Posted Date : 28-Nov-2014 , 08:32:32 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) could soon allow Indian companies to issue partly paid-up shares and warrants to foreign investors. According to people in the know, the norms are going to be streamlined for all forms of equity capital, including public issue and rights i...
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Posted Date : 28-Nov-2014 , 08:25:57 am | Posted By CASANSAAR
India is moving towards a tax-friendly regime to erase the "bad name" it has earned over the years, Finance Minister Arun Jaitley said on Thursday. "Our tax system has to be friendly with tax payers and that is what we are trying to do step by step," he said, replying to a debate on tax evasi...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 436
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Posted Date : 28-Nov-2014 , 08:21:55 am | Posted By CASANSAAR
The Union Finance Minister Shri Arun Jaitley revises the target for opening of accounts under Pradhan Mantri Jan Dhan Yojana (PMJDY) from 7.5 crore to10 crore by 26th January, 2015. This will amount to opening of one account for each household in the country. The Finance Minister also asked the offi...
Continue Reading... Category : Banking | Comments : 0 | Hits : 272
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Posted Date : 27-Nov-2014 , 07:58:11 am | Posted By CASANSAAR
The finance ministry has revived a proposal to set up a holding company for state-run banks that will find it easier than individual lenders to raise capital and deploy it in banks that need it the most.The government is re-examining the structure of the holding company to see whether it will be via...
Continue Reading... Category : Banking | Comments : 0 | Hits : 372
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Posted Date : 26-Nov-2014 , 02:43:47 pm | Posted By CASANSAAR
One Seat for Central Council may increase from Northern. As per reilable Sources we come to know about the Members Detail of ICAI Region Wise. Total Number of Members of ICAI as on 27.10.14 - 227555. Central 36720; Eastern 21935; Northern 46059; Wes...
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Posted Date : 26-Nov-2014 , 08:30:40 am | Posted By CASANSAAR
In his most hard-hitting speech against recalcitrant defaulters, Reserve Bank of India governor Raghuram Rajan has said that the amount written off by banks as bad debts in the last five years would have been enough to fund the education of 15 lakh of the poorest children in the top private universi...
Continue Reading... Category : Banking | Comments : 0 | Hits : 710
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Posted Date : 26-Nov-2014 , 08:07:06 am | Posted By CASANSAAR
The Reserve Bank of India (RBI) on Tuesday clamped down on Indian firms raising funds overseas and routing them to India through certain types of structures. In a notification, RBI noted that some Indian firms access overseas markets for debt funds through overseas subsidiaries and associates and l...
Continue Reading... Category : RBI | Comments : 0 | Hits : 607
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Posted Date : 26-Nov-2014 , 07:56:50 am | Posted By CASANSAAR
As many as 277 independent directorship positions have fallen vacant in NSE-listed firms since February, when Sebidecided to restrict the number of companies such directors can serve. Further, six independent directorship positions need to be vacated in NSE-listed companies to comply with ...
Continue Reading... Category : Corporate Law | Comments : 0 | Hits : 657
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Posted Date : 26-Nov-2014 , 07:53:05 am | Posted By CASANSAAR
Banks have collected over Rs 6,000 crore by opening 7.9 crore accountsunder the Pradhan Mantri Jan Dhan Yojana, said a senior Finance Ministry official. "PMJDY is for the people, and especially for the women. The objective of the scheme is to bring the people to the financial wor...
Continue Reading... Category : Banking | Comments : 0 | Hits : 472
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Posted Date : 26-Nov-2014 , 07:43:43 am | Posted By CASANSAAR
Expert Committee Constituted to Review E-Forms in order to Simplify Procedures for Stakeholders Under the Companies Act The Government has recently constituted an Expert Committee to review e-forms and other overall filing process, in order to simplify procedures for sta...
Continue Reading... Category : Corporate Law | Comments : 0 | Hits : 647
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Posted Date : 25-Nov-2014 , 08:15:19 pm | Posted By CASANSAAR
Public sector banks may take a hit of Rs 96,484 crore due to cancellation of coal blocks to power projects, Minister of State for Finance Jayant Sinha said on Tuesday. The Supreme Court had in September cancelled allocation of 204 coal mines since 1993 to power plants and other user industr...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 356
- Income Tax Dept serves notices to salaried individuals for documentary proof to claim exemptions
- Bank Branch Audit 2021 - Update on allotment of Branches
- Bank Branch Audit 2020 Updates
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- Bank Branch Audit 2020 - Update on Allotment of Branches
- Police Atrocities towards CA in Faridabad - Its Time to be Unite
- Bank Branch Statutory Audit Updates 2019
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- Bank Branch Audit 2022 Updates
- Bank Branch Statutory Audit Updates
- NFRA Imposes Monetary penalty of Rs 1 Crore on M/s Dhiraj & Dheeraj
- ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
- NFRA debars Auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases
- GST Important Update - Enhancement in the GST Portal
- NFRA Slaps Rs 5 lakh Penalty on Audit Firm for lapses in Vikas WSP Audit Case
- CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- RBI comes out with FEMA regulations for direct listing on international exchange
- RBI directs payment firms to track high-value, fishy transactions during elections
- NCLT orders insolvency proceedings against Subhash Chandra
- Income Tax dept starts drive to dispose of appeals, 0.54 million at last count
- Payment of MCA fees –electronic mode-regarding
- Budget '11-12' Parliament Completes Approval Exercise
- Satyam restrained from operating its accounts
- ICICI a foreign firm, subject to FDI norms: Govt
- Maha expects Rs 15 crore entertainment tax revenue from IPL
- CAG blames PMO for not acting against Kalmadi
- No service tax on visa facilitators: CBEC
- Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations
- Companies Bill to be taken up in Monsoon Session
- File Service Tax Return in time as Maximum Penalty increased 10 times to Rs. 20000
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