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

Clarifications Regarding the Service Tax Voluntary Compliance Encouragement Scheme (VCES)

The Union Finance Minister Shri P. Chidambaram recently held interactive sessions at Chennai, Delhi and Mumbai to ascertain and address the concerns of trade on any aspect of the Service Tax Voluntary Compliance Encouragement Scheme (VCES). During these interactive sessions, the trade had raised certain queries and also expressed some apprehensions. Most of these issues have already been clarified in the… Read More

Tags: ChennaiDelhiFinance ActIncome statementMumbaiP. ChidambaramTown and Country Planning Act 1990VCES

All India Roll Out of Risk Management System (RMS) for Export

Finance Minister Shri P. Chidambaram today inaugurated the All India rollout of an IT based Risk Management System (RMS) for the Customs clearance of export goods in the presence of representatives from the trade and industry at New Delhi. Speaking on the occasion Finance Minister said that RMS is a trust based IT system that… Read More

Tags: BangaloreChennaiCustoms brokingIndiaNew DelhiRisk managementTrade FacilitationWorld Trade Organization

Clarifications Seeking the Levy of Service Tax on Certain Services Relating to the Education Sector issued

Various representations have been received seeking clarifications regarding the levy of service tax on certain services relating to the education sector. Following are the representations received in this regard: Private Schools Correspondents Confederation, Madurai. Tamil Nadu Nursery, Primary, matriculation and Higher Secondary Schools Association, Chennai. Punjab Association, Chennai. Association of Self financing Universities of Rajasthan… Read More

Tags: ChennaiFinance ActGovernmentMumbaiNew DelhiPrivate schoolTaxTaxation in India

CBDT Amendment in Order No. 1/FT&TR/2013 dated 13th Aug 2013

ORDER In exercise of powers conferred by clause (a) of sub-section (15) of Section 144C of theIncome-tax Act, 1961 (43 of 1961) r/w Income-tax (Dispute Resolution Panel) Rules. 2009, as amended by Notification No. 33/2012 (F.No. 133/13/2012-SO(TPL)/SO 1967 (E), dated 24-08-2012, and in partial modification to Order No.l/FT&TR/2013 dated 13.08.2013, the Central Board of Direct Taxes hereby constitutes the Dispute Resolution Panel… Read More

Tags: BangaloreChennaiDelhiDispute resolutionIncome taxMumbaiPuneTaxation in India

Extension of Visa on Arrival To 4 more locations

Ministry of Home Affairs (MHA) has decided to extend Tourist Visa on Arrival facility (TVoA) at four additional airports viz. Trivandrum, Bangalore, Hyderabad & Kochi. TVoA facility is available at four International airports in the country viz. Delhi, Mumbai, Chennai and Kolkata for the nationals of Japan, Singapore, Finland, Luxembourg, New Zealand, Cambodia, Laos, Vietnam,… Read More

Tags: BangaloreChennaiKolkataLok SabhaMinistry of Home AffairsNew ZealandPhilippinesVisa

RBI Circular w.r.t. Adoption of Uniform Holiday Calendar under Cheque Truncation System (CTS)

RBI/2013-14/199 DPSS.CO.CHD.No./458/ 04.07.05 / 2013-14 August 23, 2013 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir Adoption of Uniform Holiday Calendar under Cheque Truncation System (CTS) Grid-based Cheque Truncation… Read More

Tags: BankChennaiCheque truncationCommercial bankCTSMumbaiNegotiable Instruments Act 1881New Delhi

RBI Board meets in Chennai

The Central Board of the Reserve Bank of India met today at Chennai. Dr. D. Subbarao, Governor, Reserve Bank of India, chaired the meeting. Dr. Anil Kakodkar, Shri Kiran Karnik, Prof. M.V. Rajeev Gowda, Dr. Nachiket M. Mor, Shri Y.H. Malegam, Shri Azim Premji, Shri K.M. Birla, Prof. Dipankar Gupta, Shri G.M. Rao, Dr. Indira Rajaraman,… Read More

Tags: Anil KakodkarChennaiDamodar AcharyaNew DelhiReserve BankReserve Bank of IndiaState GovernmentTamil Nadu

The Institute of Company Secretaries of India Organizes ICSI Convocation 2013 Southern Region at Chennai

The Institute of Company Secretaries of India (ICSI) organized ICSI Convocation 2013 Southern Region at Chennai to formalize the Award of Associate and Honorary Membership of the Institute and to recognize the achievements of the students in their studies. Dr. R. Thandavan, Vice-Chancellor, University of Madras, awarded the Associate and Honorary Membership of the Institute… Read More

Tags: ChancellorsChennaiCompany SecretaryICSIIndiaInstitute of Company Secretaries of IndiaUniversity of ChicagoUniversity of Madras

CBEC Extends 24×7 Customs Clearance Facility for Export Cargo from 1ST July, 2013

Beginning 1st July, 2013, Customs clearance of all export goods will take place on 24x7 basis from four major Air Cargo Complexes/airports i.e., Bangalore, Chennai, Delhi and Mumbai. Thus, all exports including those made under export incentives scheme as well as duty drawback scheme will now be able to be move out of the country… Read More

Tags: BangaloreChennaiCustoms brokingDelhiExportKandlaKolkataMumbaiTRAI

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