The Union Minister for Corporate Affairs stresses on setting norms & standards which would attract the International firms
There is an urgent need to move from government regulation to self regulation. This was stated by Union Minister for Corporate Affairs Dr. M. Veerappa Moily while delivering valedictory address at the 8th Corporate Registers Forum (CRF) 2012 here today. He stressed on setting of norms and standards which attract the international firms and setting… Read More
The Legal Agreement of the World Bank aiding Second Kerala Rural Water Supply & Sanitation Project was signed yesterday
The Legal Agreement of the World Bank aided Second Kerala Rural Water Supply & Sanitation Project was signed yesterday in the presence of State Chief Minister of Kerala in Thiruvananthapuram. Shri Venu Rajamony, Joint Secretary, Department of Economic Affairs, Ministry of Finance for Government of India, Mr. Hubert Nove Josserand, Operations Advisor on behalf of… Read More
RBI- Cross Border Inward Remittance under Money Transfer Service Scheme
RBI/2011-12/398 A.P. (DIR Series) Circular No. 78 February 15, 2012 All Authorised Persons, who are Indian Agents under Money Transfer Service Scheme. Madam/ Dear Sir, Anti-Money Laundering (AML) standards/Combating the Financing of Terrorism (CFT) Standards - Cross Border Inward Remittance under Money Transfer Service Scheme Attention of all the Authorised Persons, who are Indian Agents… Read More
RBI- Clarification on purchase of immovable property in India
RBI/2011/12/399 A.P. (DIR Series) Circular No. 79 February 15, 2012 All Authorised Dealers in Foreign Exchange Madam / Sir, Clarification - Purchase of Immovable Property in India Reporting requirement Attention of Authorised Dealer Category-I banks is invited to Regulation 5 of Notification No. FEMA 21/2000-RB viz. Foreign Exchange Management (Acquisition and Transfer of Immovable Property… Read More
Export of Goods and Services- Simplification and Revision of Softex Procedure
RBI/2011/12/400 A.P. (DIR Series) Circular No. 80 February 15, 2012 All Authorised Dealers in Foreign Exchange Madam / Sir, Export of Goods and Services- Simplification and Revision of Softex Procedure Attention of the Authorised Dealers is invited to Regulation 6 of the Notification No.FEMA 23/2000-RB dated May 3, 2000 viz. Foreign Exchange Management (Export of… Read More
SEBI- Investor Grievance Redressal Mechanism at Stock Exchanges
CIRCULAR CIR/MIRSD/2/2012 February 15, 2012 All Recognized Stock Exchanges Dear Sirs, Subject: Investor Grievance Redressal Mechanism at Stock Exchanges. 1. Please refer to SEBI circular no. CIR/MRD/DSA/03/2012 dated January 20, 2012 and SEBI circular no. SMD/Policy/Cir-32/1997 regarding the investor service centres. At present, the stock exchanges having nationwide terminals, such as National Stock Exchange of India… Read More
ICWAI to announce the results by 20th Feb, 2012
The Institute of Cost Accountants of India to announce the results for Inter, Final and CAT II December, 2011 by the 20th February, 2012. For the results visit: http://www.examicai.in Read More
DGFT- Minimum Export Price of Onions
(To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section ii) Government of India; Ministry of Commerce & Industry; Department of Commerce Notification No 96 (RE 2010)/2009-2014; Dated: 15th February, 2012 Subject:- Minimum Export Price of Onions. S.O. (E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development… Read More
Union Labour & Employment Minister’s detailed recommendation on Employability & Employment, Social Security at the 44th Indian Labour Conference
Union Labour & Employment Minister Shri Mallikarjun Kharge today detailed about the recommendations made during the 44th Indian Labour Conference concluded at Vigyan Bhavan,New Delhi. Addressing the media persons he said this Session of the Indian Labour Conference had elaborate discussions on three agenda items - (i) Minimum Wages (ii) Social Security and (iii) Employability… Read More
IT- Dept to collect ample revenue before the close of the fiscal year
This fiscal year will definitely witness a huge collection of tax and an increase in the revenue of the Government as the IT- dept has cracked down under its scanner more than 22 crore instances of High value transactions which are unreported credit card operations and deals in the real estate. The drive through this entire… Read More
ICAI- Opening of Certified Registration Centre for providing online registration facility in CPT course
The Institute of Chartered Accountants of India has introduced a scheme for opening of Certified Registration Centre at the office of chartered accountants firms/practicing members in order to provide online registration facility in CPT course. Certified Registration Centre will provide, free of cost, assistance to the candidates in CPT registration by verifying the eligibility requirement,… Read More
Fin Min confident on moderation in inflation to continue in the coming months
The Union Finance Minister Shri Pranab Mukherjee said that he is now confident that moderation in inflation would continue in the coming months, though softening in the prices of manufactured goods despite the rapid decline in non-food primary inflation, may be more gradual. The Finance Minister said that he now expects that the March end… Read More
Fin Min initiates to provide citizen-centric governance, in order to improve taxpayer services and redressal of public grievances
The Union Finance Minister Shri Pranab Mukherjee has said that initiative of the Government is to provide citizen-centric governance in order to improve taxpayer services and redressal of public grievances. The Finance Minister Shri Mukherjee said that to unearth the black money, the Government has taken various steps within the country as well as the… Read More
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