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: Chennai, Delhi, Finance Act, Income statement, Mumbai, P. Chidambaram, Town and Country Planning Act 1990, VCES
Analysis and Disclosure of Customer Complaints and Unreconciled Balances on Account of ATM Transactions
RBI/2013-14/269 RPCD.CO.RRB.BC.No.35/03.05.33/2013-14 September 17, 2013 The Chairmen All Regional Rural Banks Dear Sir/Madam, Analysis and Disclosure of Customer Complaints and Unreconciled Balances on Account of ATM Transactions The Committee on Procedures and Performance Audit on Public Services (CPPAPS) had recommended that banks should place a statement before their Boards analyzing the complaints received. CPPAPS had… Read More
Tags: ATM, ATM card, Automated teller machine, Banking Ombudsman Scheme, Business, Complaint, finance, Income statement
RBI™s Technical Committee suggests Merger of Issue and Banking Departments Balance Sheet
The Reserve Bank of India placed on its website today, the report of the Technical Committee (Chairman: Shri Y. H. Malegam) set up to review the form of presentation of the Reserve Bank™s Balance Sheet and Profit & Loss Account. Some of the important recommendations made by the Technical Committee are: a) Form of Balance Sheet Merger of… Read More
Tags: Asset, Balance sheet, Business, Central bank, Financial services, Financial statement, Income statement, Reserve Bank of India
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