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Posted Date : 26-Feb-2013 , 02:54:49 pm | Posted By CASANSAAR
An outlay Rs. 63,363 crore has been proposed for 2013-14 rail budget which will be financed through Gross Budgetary Support of Rs. 26,000 crore, Railway’s Share in Road Safety Fund of Rs. 2,000 crore and internal resources of Rs. 14,260 crore. Highlighting the importance of financially su...
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Posted Date : 26-Feb-2013 , 02:42:33 pm | Posted By CASANSAAR
The Minister of Railways Shri Pawan Kumar Bansal has announced that the Ministry of Railways will make concerted efforts to fill up approximately 1.52 lakh vacancies this year. While presenting Railways Budget for 2013-14 in Parliament today, he said that it is a measure of popularity of Railways as...
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Posted Date : 26-Feb-2013 , 02:38:29 pm | Posted By CASANSAAR
The Minister of Railways Shri Pawan Kumar Bansal has announced the introduction of 67 new Express trains, 26 passenger trains, 5 MEMU services and 8 DEMU services while presenting the Railway Budget 2013-14 in Parliament today:- Express trains 1. &...
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Posted Date : 26-Feb-2013 , 02:35:55 pm | Posted By CASANSAAR
The Minister of Railways Shri Pawan Kumar Bansal has said that he proposes to run an educational tourist train called ‘Azadi Express’ to enable youth of the country to travel to important places connected with the freedom movement. He said, the train will be made attractive and affordabl...
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Posted Date : 26-Feb-2013 , 02:34:56 pm | Posted By CASANSAAR
The Minister of Railways Shri Pawan Kumar Bansal has that his Ministry will put in place a Next Generation e-ticketing system to bring about a paradigm shift in internet rail ticketing. Presenting the Railway Budget for 2013-14 in Parliament today he said, the new system will significantly improve t...
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Posted Date : 26-Feb-2013 , 01:33:34 pm | Posted By CASANSAAR
With that, the Railway Minister has concluded his speech. There will also be a marginal hike in reservation charges and cancellation charges. Superfast charges and tatkal rates, though, will be hiked. No passenger fare hike, the minister says, despite the rise in diesel price. Bans...
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Posted Date : 26-Feb-2013 , 09:35:07 am | Posted By CASANSAAR
Union Railway Minister Pawan Kumar Bansal is set to present the Railway Budget 2013-14 in the Parliament on Tuesday amid expectations that several new trains and more passenger-friendly measures. All eyes are on the Railway Minister as he presents his maiden Rail Budget as to whether...
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Posted Date : 26-Feb-2013 , 08:34:42 am | Posted By CASANSAAR
Securities and Exchange Board of India (Sebi) making it mandatory for advisers to keep a record of all 'investment advice provided, whether written or oral'. In a set of comprehensive guidelines, the markets regulator has laid emphasis on suitability of investment advice given to investor...
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Posted Date : 26-Feb-2013 , 08:30:42 am | Posted By CASANSAAR
Builders and ancillary units in theconstruction industry evading VAT on 'work contract' need to watch their step as the trade and taxes department of the Delhi government is tightening its noose on defaulters . The department's special zone is preparing a list of...
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Posted Date : 26-Feb-2013 , 08:17:42 am | Posted By CASANSAAR
ALL INDIA PROVISIONAL MERIT LIST FOR CS EXAMINATIONS HELD IN DECEMBER,2012 SESSION LIST OF FIRST 25 TOP RANKERS WHO HAVE PASSED ALL PAPERS OF FOUNDATION PROGRAMME, EXECUTIVE PROGRAMME AND PROFESSIONAL PROGRAMMEEXAMINATIONS WITHOUT EXEMPTION IN ANY PAPER, IN ONE SITT...
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Posted Date : 25-Feb-2013 , 09:37:37 pm | Posted By CASANSAAR
The Employee’s Provident Fund Organisation has announced a higher interest rate of 8.5 per cent in 2012-13 compared with 8.25 per cent announced last year for over 5 crore subscribers of the Centre’s provident fund scheme. The interest rate, approved by the Central Boa...
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Posted Date : 25-Feb-2013 , 09:34:33 pm | Posted By CASANSAAR
The Supreme Court today dismissed a petition filed by the Sahara group seeking an extension of a deadline for depositingmoney and documents with market regulator Securities & Exchange Board of India (Sebi). The Sahara group was ordered in August last ...
Continue Reading... Category : General | Comments : 0 | Hits : 248
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Posted Date : 25-Feb-2013 , 01:04:34 pm | Posted By CASANSAAR
Total mismanagement has been seen at the time of counting of branch elections at Noida. Lots of branch level candidates and members of ICAI protested and forwarded a letter to ICAI President, Vice President and all council members. CASANSAAR Team got a copy of complaint made by the members ...
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Posted Date : 25-Feb-2013 , 08:48:08 am | Posted By CASANSAAR
Members of ICSI are requested to send the scanned images of the latest coloredphotograph for uploading/replacing on the website of the Institute for facilitating the online verification of Member’s Identity and also of the specimen signature. We would r...
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Posted Date : 25-Feb-2013 , 08:36:51 am | Posted By CASANSAAR
Railway Budget 2013-14 will be presented in the Parliament by the Railway Minister Pawan Kumar Bansal on February 26, 2013, Tuesday. This will be Bansal’s maiden Rail Budget and it is expected that he will announce the introduction of about 100 trains, including AC do...
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Posted Date : 25-Feb-2013 , 08:13:02 am | Posted By CASANSAAR
The income tax department has got a shot in the arm, with a special bench constituted by the Income Tax Appellate Tribunal (ITAT) ruling that consumer electronics major LG Electronics India is liable to pay tax on “excessive” advertising and marketing s...
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Posted Date : 24-Feb-2013 , 09:55:51 pm | Posted By CASANSAAR
The Securities Appellate Tribunal (SAT) has reduced the penalty imposed by Sebi on an individual from Rs 6 lakh to Rs 3 lakh in relation to non-compliance with the market regulator's summons over probe in affairs of erstwhileBank of Rajasthan (BoR). Securities and E...
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Posted Date : 24-Feb-2013 , 09:47:19 pm | Posted By CASANSAAR
The government has allowed Information Technology (IT) and IT Enables Services, special economic zones to set up disaster recovery centres outside their limits at any part of the country. The Commerce and Industry Ministry said the locations for such facilities will be approved by the deve...
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Posted Date : 23-Feb-2013 , 04:04:16 pm | Posted By CASANSAAR
Finance Minister P Chidambaram today said there is need to move towards a technology driven tax administration and called on all assesses to file tax returns. "We will have to get each one of the 28 lakh tax deductees (under TDS). The tax amount would be credited to the government...
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Posted Date : 23-Feb-2013 , 09:14:04 am | Posted By CASANSAAR
Almost three years after it was first promised in theUnion Budget of 2010-11, the Reserve Bank of India has allowed all private and public sector companies to apply for bank licences, paving the way for business houses such as the Tatas, Aditya Birla group, L&T, ADAG, Mahindr...
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Posted Date : 22-Feb-2013 , 10:39:55 pm | Posted By CASANSAAR
The government will give extra time to waive the additional fees on companies following glitches in the electronic filings system MCA-21, Corporate Affairs Minister Sachin Pilot said today. The MCA 21 portal has been facing glitches since the maintenance contract has gone to Info...
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Posted Date : 22-Feb-2013 , 07:43:00 pm | Posted By CASANSAAR
In terms of the decision of the Council taken at its 317thmeeting in pursuance ofNotification No. 1-CA(7)/145/2012 dated 1st August, 2012, it is notified for general information thatthe passing requirements of CPT effective from June, 2013 shall be as under:- “A candidate for the...
Continue Reading... Category : Students Zone | Comments : 0 | Hits : 1672
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Posted Date : 22-Feb-2013 , 06:18:28 pm | Posted By CASANSAAR
The Reserve Bank of India (RBI) released final guidelines for issuing new bank licences on Friday, paving the way for corporate houses to enter the banking sector. The RBI said it will allow applications for new bank licences until July 1, 2013, and in its statement did not exclude companies from a...
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Posted Date : 22-Feb-2013 , 06:08:22 pm | Posted By CASANSAAR
The Union Finance Minister Shri P. Chidambaram, will dedicate the Centralized Processing Cell for Tax Deducted at Source, CPC (TDS) to the nation tomorrow. The CPC (TDS) will be situated at Aaya...
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Posted Date : 22-Feb-2013 , 06:04:57 pm | Posted By CASANSAAR
The Income Tax department has as many as 16,696 posts lying vacant but they are manned by existing employees by holding additional charge so that work is not affected, Parliament was informed today. Vacancies arise on account of retirement/VRS, promotion, deputation and offic...
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Posted Date : 22-Feb-2013 , 01:05:03 pm | Posted By CASANSAAR
Close on the heels of ordering attachment of bank accounts, investments and all other assets of two Sahara group firms and their promoters, including group chief Subrata Roy, market watchdog Sebi today cautioned the investors and general public against transacting with these companies...
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Posted Date : 22-Feb-2013 , 08:48:01 am | Posted By CASANSAAR
The Supreme Court on Thursday constituted a team of CBI and income taxofficials to scan transcripts of 5,831 intercepted telephone conversations of former corporate lobbyist Niira Radia with politicians, industrialists and others to segregate those with criminality from inno...
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Posted Date : 21-Feb-2013 , 10:36:32 pm | Posted By CASANSAAR
Ratings agency Care today said non-performing assets of banks have increased by 43.1 per cent to Rs 1.79 trillion in the first three quarters of the fiscal. "The major problem confronting banks remains to be NPAs which have grown by 43.1 per cent on top of a similar growth last year,"...
Continue Reading... Category : Banking | Comments : 0 | Hits : 309
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Posted Date : 21-Feb-2013 , 10:12:21 pm | Posted By CASANSAAR
While the filing of the financial statements in XBRL format had begun for a class of companies, NBFCs were kept outside the purview, despite the fact that these companies also followed the Schedule VI format. Owing to peculiar nature of business as compared to the other Commercial and Indu...
Continue Reading... Category : ICAI | Comments : 0 | Hits : 308
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Posted Date : 21-Feb-2013 , 07:47:05 am | Posted By CASANSAAR
Industry body Assocham today expressed the fears that the loss toIndian economy due to the two-day trade union-sponsored Bharat Bandh strike by central trade unions could be about Rs 26,000 crore, higher than its initial estimate of Rs 15,000-20,000 crore. "Against initial es...
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