Note on New Procedure in Maharashtra for CST Forms

Sales Tax Department has changed the procedure for application of Declaration Forms w.e.f 01.02.2014 vide Circular No.4T of 2014 From M B Abhyankar Existing Procedure for online applications upto 31.01.2014 Upto 31.01.14, the e-application form was simple and the dealer had to provide basic information such as TIN no. and Name of the dealer… Read More

Tags: AccountingBusinessConstitutional rightCSTInvoiceSales taxTaxUnited States

Online Transfer of Provident Fund

A revised transfer claim settlement process has been started through an Online Transfer Claim Portal to smoothen the process of transfer of PF accounts. The revised process has following features:- (i) The claim can be submitted by the member in the online mode in addition to physical mode. (ii) The claim can be submitted through… Read More

Tags: BusinessCentral Provident FundDigital signatureEmployee Provident FundEmployees' Provident Fund Organisation of IndiaJob GrowthOnline and offlineOnline Transfer Claim Portal

Introduction of Rs 10 Plastic Notes in select cities

It has been decided to introduce plastic notes in the denomination of Rs. 10. One billion plastic notes of the denomination of Rs. 10 will be introduced in a field trial in five cities selected for their geographical and climatic diversity. These cities are Kochi, Mysore, Jaipur, Shimla and Bhubaneswar. The field trial is expected… Read More

Tags: BhubaneswarBusinessKochiPlasticPolymer banknoteRecyclingRun batted inShimla

The Risk Management, Governance & Compliance Summit 2014

Achromic Point  Presents  The Risk Management, Governance & Compliance Summit 2014 - Strategy For Better Performance And Accountability - Mumbai 7th February | Bengaluru 14th February | Chennai 12th March Dear Industry Colleague, Greetings from Achromic Point. We would like to take this opportunity to inform and invite you to The Risk Management, Governance & Compliance… Read More

Tags: BusinessChennaiDeloitteFinancial servicesInternal auditManagementMumbaiRisk management

Sectoral Deployment of Bank Credit December 2013

Data for the month of December 2013 on sectoral deployment of credit collected from select 47 scheduled commercial banks accounting for about 95 per cent of the total non-food credit deployed by all scheduled commercial banks are set out in Statements I and II. These data are also available in the Real-Time Handbook of Statistics… Read More

Tags: AirlineBusinessCreditDecember 2012Financial servicesNon Banking Financial CompaniesNon-banking financial companyPercentage

Collection of Account Payee Cheques – Prohibition on Crediting Proceeds to Third Party Account

RBI/2013-14/458 DBOD.BP.BC.No. 87/21.01.001/2013-14 January 22, 2014 The Chairmen / Chief Executives of All Scheduled Commercial Banks (excluding RRBs) Collection of Account Payee Cheques - Prohibition on Crediting Proceeds to Third Party Account Please refer to our circular DBOD.BP.BC.No.50/21.01.001/2011-12 dated November 4, 2011 advising banks that they are prohibited from crediting 'account payee' cheques to the account of… Read More

Tags: BankBusinesschequeFinancial servicesNegotiable InstrumentNegotiable Instruments Act 1881Payment

SEBI First International Research Conference-2014

Securities and Exchange Board of India (SEBI), in its silver jubilee year, is organizing its First International Research Conference during January 27-28, 2014 in Mumbai. The theme of the Conference is HFT, Algo Trading and Co-location.  SEBI has invited academicians/market practitioners/regulators, having experience in the field, from countries such as USA, Spain, Australia, Canada, Japan,… Read More

Tags: BusinesscanadaIndiaInvestingMumbaiSEBISecurities & Exchange Board of IndiaUnited States

RBI seeks Public Comments on Depositor Education and Awareness Fund Scheme

The Reserve Bank of India, today placed on its website, the draft Depositor Education and Awareness Fund Scheme for public consultation. Members of public, banks, academia, industry and other stakeholders may send their comments on the scheme by email by February 5, 2014. Background Pursuant to the amendment of The Banking Laws (Amendment) Act, 2012,… Read More

Tags: Awareness Fund SchemeBusinessFundIndiaOfficial GazetteReserve BankReserve Bank of India

RBI Clarification on Facilities for Persons Resident outside India

RBI/2013-14/454 A.P. (DIR Series) Circular No.96 January 20, 2014 To All Category - I Authorised Dealer Banks Madam / Sir, Facilities for Persons Resident outside India Clarification Attention of Authorized Dealers Category I (AD Category- I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 [Notification… Read More

Tags: Anno DominiBusinessCategories of New Testament manuscriptsFederal Emergency Management AgencyFEMAForeign Exchange Management ActIndiaMay 3 2000

Assocham National Conference on New Mergers & Acquisitions Era under the Companies Act – 2013 (Regulatory & Industry Perspective)

  ASSOCHAM Presents National Conference on New Mergers & Acquisitions Era under the Companies Act - 2013 (Regulatory & Industry Perspective) ------------------------------------------------------------------------------------------------- Overview: The new Company Act, 2013 promises to bring easy and efficient way of doing business in India, better governance, improves levels of transparency, enhance accountability, inculcating self compliance and making corporate socially… Read More

Tags: BusinessBusiness ServicesCompanies ActConsultingIndiaMergers & AcquisitionsMinistry of Corporate Affairs (India)New Delhi

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