Oriental Bank of Commerce

Exemption from Competition Act

The Government, vide notification dated 08.01.2013 has already exempted a banking company in respect of which a notification under section 45 of the Banking Regulation Act, 1949 has been issued for its amalgamation with any other banking institution, from the provisions of section 5 and 6 of the Competition Act, 2002. Giving this information in… Read More

Tags: Companies ActCompetition CommissionCorporate Affairs MinistryGlobal Trust BankLokSabhaOriental Bank of CommerceSachin PilotShri Sachin Pilot

Assignment of Lead Bank Responsibility in districts of Metropolitan Areas

RBI/2013-14/130 RPCD.CO.LBS.BC.No.12/02.08.001/2013-14 July 11, 2013 The Chairmen & Managing Directors All Lead Banks Dear Sir/Madam, Assignment of Lead Bank Responsibility in districts of Metropolitan Areas Please refer to paragraph 70 of Monetary Policy Statement 2013-14, in terms of which it was decided to bring all districts in metropolitan areas under the fold of the lead bank scheme.… Read More

Tags: Bank of IndiaCanara BankDelhiIndian Overseas BankMumbaiOriental Bank of CommercePunjab National BankState Bank of India

Mumbai – Program on Practical Issues in Tax Deduction at Source (TDS) with latest amendments – July 9

Program on Practical Issues in Tax Deduction at Source (TDS) with latest amendments Date & Time : Tuesday, July 9, 2013 - 09.30 a.m. to 5.30 p.m. (Registration & breakfast: 9.00 to 9.30 am) Venue : VITS Hotels, Andheri-Kurla Road, Beside Trade Star Building, Kondivita Lane, Mumbai - 400059 Benefits/ learning objectives: Over the years… Read More

Tags: Accounts payableIncome taxIncome Tax Act 1961KandivaliLabour lawMumbaiOriental Bank of CommerceSection 194Csection 194isection 194jsection 40TaxTax Deduction at SourceTDSVendor payment

Mumbai – Program on Employee Tax (payroll), perquisite rules & remuneration planning with latest amendments – July 8

Program on Employee Tax (payroll), perquisite rules & remuneration planning with latest amendments Date & Time : Monday, July 8, 2013 - 09.30 a.m. to 5.30 p.m. (Registration & breakfast: 9.00 to 9.30 am) Venue : VITS Hotels, Andheri-Kurla Road, Beside Trade Star Building, Kondivita Lane, Mumbai - 400059 Benefits/ learning objectives: Rightly said -… Read More

Tags: Employee benefitEmployee stock optionFinance ActHRAIncome taxLTAMumbaiOriental Bank of CommercePayroll ProcesingSalaryTax

FM Launches Maiden infrastructure Debt Fund Scheme

Finance Minister Launches Maiden infrastructure Debt fund (IDF) Scheme of IIFCL Mutual Fund for Catalysing Investment in Infrastructure Sector; FM for Mobilsation of Resources From Insurance and Pension Sector for IDFs The Union Finance Minister Shri P. Chidambaram said that for Infrastructure Debt Funds (IDFs), we should try to mobilise resources from insurance and pension… Read More

Tags: Andhra PradeshCanara BankCorporation BankIndiaIsrael Defense ForcesMutual fundOriental Bank of CommerceP. Chidambaram

Il&FS Infrastructure Debt Fund Signs MoU with eight Public Sector Banks

Il&FS Infrastructure Debt Fund Signs MoU with eight Public Sector Banks; need for more than one Trillion Us Dollars for Infrastructure Sector in Next Five Years; Government And Private Sector to Contribute Fifty Percent Each  IL&FS Infra Asset Management Limited (IAML), an Asset Management Company (AMC) promoted by IL&FS Financial Services Limited (IFIN) to manage… Read More

Tags: Central Bank of IndiaFinance MinistryIndiaInfrastructure Leasing & Financial ServicesLife Insurance Corporation of IndiaMemorandum of understandingMumbaiOriental Bank of Commerce

Pune – Program on Fundamentals of Labour Laws for Managers – May 7

Please send your reply on seminar@satvam.com or seminar@satvamindia.com Program on Fundamentals of Labour Laws for Managers Date & Time : Tuesday, May 7, 2013 - 09.30 a.m. to 5.30 p.m. (Registration & breakfast: 9.00 to 9.30 am) Venue : The Coronet Hotel, Apte Road, Deccan Gymkhana, Pune 411 004 (Opp. Santosh Bakery) Benefits/ learning objectives:… Read More

Tags: BusinessCompliancecontract labourDeccan Gymkhanaemployee state insuranceEmployees' State Insurance ActEPFESICESISGratuityIncome taxKandivaliLabour lawlabour welfare fundMinimum wageminimum wagesOriental Bank of Commercepayment of bonuspayment of gratuityPoliticsProfessional taxProvidend Fund

Conference Alert :: Program on Contract Labour (Regulation & Abolition) Act, Pune, April 17

Please send your reply on seminar@satvam.com or seminar@satvamindia.com Program on Contract Labour (Regulation & Abolition) Act Date & Time : Wednesday, April 17, 2013 09.30 a.m. to 5.30 p.m. (Registration & breakfast: 9.00 to 9.30 am) Venue : The Coronet Hotel, Apte Road, Deccan Gymkhana, Pune 411 004 (Opp. Santosh Bakery) Benefits/ learning objectives: In… Read More

Tags: contract labourDeccan GymkhanaEmploymentLabour lawOriental Bank of CommercePayment of Gratuity ActRegulation & AbolitionSteel Authority of India

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