Financial Education Key to Promoting Financial Inclusion and Customer Protection

(Keynote Address by Dr Deepali Pant Joshi, Executive Director, Reserve Bank of India at the College of Agricultural Banking Conference on October 3, 2013 at Pune) I am happy to be able to address, though not real time, various stakeholders from across the country on this important subject and also congratulate the CAB for focusing… Read More

Tags: Access to FinanceDodd FrankFinancial inclusionFinancial LiteracyFinancial servicesPuneReserve Bank of IndiaUnited States

National Institute of Bank Management Conclave on Implications of New Bank Licences

(Inaugural address by Shri B. Mahapatra, Executive Director, Reserve Bank of India (RBI) at the PG Students™ Conclave on Implications of New Bank Licences at the National Institute of Bank Management, Pune on September 28, 2013) I have great pleasure and privilege in associating myself with the conclave of the Post Graduate Students of National… Read More

Tags: Banking in IndiaBasel IIIGovernment of IndiaIndiaNational Institute of Bank ManagementPuneRegional Rural BankReserve Bank of 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

GoI Statement on Company Secretaries Examinations Results

The Institute of Company Secretaries of India (ICSI), functioning under the aegis of the Ministry of Corporate Affairs, here today announced the results of its both types of exams: OMR- based Foundation Programme (new syllabus); and Foundation Programme (old syllabus) which were held in June. In both the examinations girls have secured the top 3… Read More

Tags: Corporate Affairs MinistryFoundation ProgrammeICSIIndiaInstitute of Company Secretaries of IndiaMangalorePuneSyllabus

SPMCIL Organizes Workshop on Customer Satisfaction

Security Printing and Minting Corporation of India Ltd. (SPMCIL) as a part of its initiatives toward Customer Orientation organized a one day workshop on Customer Satisfaction on 05.08.2013 at India Security Press (ISP) Nashik. The workshop was organized in backdrop of Customer Satisfaction Survey carried out by SPMCIL through M/s Genesis Management and Market Research… Read More

Tags: BusinessCustomer satisfactionIndiaIndia Security PressIPhoneNashikPuneSPMCIL

Turnover filter & comparisons – Important principles explained

CLR Editorial Notes: The Tribunal had to consider the following important transfer pricing issues: (i) whether a one-time and extraordinary item of expenditure (ESOP cost) debited to the assessee™s P&L A/c has to be excluded while comparing the margins, (ii) whether for the purpose of comparison of margins, the consolidated results of comparables having profit… Read More

Tags: American ExpressComparablesInfosysOECDPuneTPOtransfer pricing

Proposal for extension of completion date of NATRiP project

The Cabinet Committee on Economic Affairs (CCEA) today approved the extension of the date of completion of the project by two years beyond 31st December, 2012 to 31st December, 2014. The National Automotive Testing and R&D Infrastructure Project (NATRiP) was approved by the CCEA on 25th July, 2005 with a total investment of Rs.1718 crore,… Read More

Tags: AhmednagarAutomotive Research Association of IndiaCabinet Committee on Economic AffairsCCEAIndiaManesarPuneSilchar

India and UAE Sign MoU on Air Services

  India and United Arab Emirates (UAE) signed an MoU on Air Services, following the two-day bilateral negotiation at Abu Dhabi today. The UAE had urged India to allocate additional 40,000 seats per week, grant Goa, Pune, Amritsar and Lucknow as additional points of calls, remove the maximum cap prescribed from each point of call… Read More

Tags: Abu DhabiAmritsarIndiaLucknowMemorandum of understandingPuneUAEUnited Arab Emirates

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