TDS deducted by Banks in the name of Registrar/Prothonotary and Senior Master attached to the Courts
F.No. 275/30/2011- IT (B) Government of India Ministry of Finance Department of Revenue [Central Board of Direct Taxes] New Delhi, the 14th October, 2011 Subject: Tax deduction at source on the deposits in banks in the name of the Registrar/Prothonotary and Senior Master attached to the Supreme Court/ High Court etc during the pendency of litigation… Read More
Aadhar number issued by UIDAI Number to be accepted as a valid KYC by Banks
The Chairmen / CEOs of All State and Central Co-operative Banks Dear Sir, Know Your Customer Norms Letter issued by Unique Identification Authority of India (UIDAI) containing details of name, address and Aadhaar number Please refer to the Government of India Notification No.14/2010/F.No.6/2/2007-ES dated December 16, 2010 which recognises the letter issued by Unique Identification Authority of… Read More
Notification No. 73/2011 Customs (N. T.)-Amends Notification No. 36/2001-Customs(N.T)
Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 73/2011 - Customs (N. T.) S. O______ (E) In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Board, being satisfied that it is necessary and expedient… Read More
Notification No. 97 /2011 of Customs Amends Notification No. 21/2002-Customs
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 97 /2011 - Customs New Delhi, the 13th October, 2011 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so… Read More
XBRL Filings – White Paper
Please download the White Paper on conversion of Financial Statements into XBRL and XBRL filings thereof containing the following: Elgibility Forms & Filing Manual Time lines for filing XBRL forms Process Overview Steps Involved in XBRL Conversions Information Required from the Company Deliverables Timelines Benefits to You Capability Statement Value Proposition & USP Read More
Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Bill, 2011
The Union Cabinet today approved introduction of the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Bill, 2011 in the next session of Parliament. The proposed amendments would enable banks to improve their operational efficiency, deploy more funds for credit disbursement to retail investors, home loan borrowers, etc. without fearing for recovery, thus… Read More
Sops announced for the Textile Industry
In his announcements for the Foreign Trade Policy (2009-14) here yesterday, Shri Anand Sharma, the Union Minister of Textiles, announced various incentives for the Textiles sector. The sector is reeling under economic uncertainty at global level and pulls and pressure at domestic levels. Announcing the incentives Minister said, we adopted a multi pronged strategy by… Read More
Right to Information -Expanding the Horizons
The 6th Annual Convention of the Central Information Commission has commenced in the national capital today. The Convention is discussing four topics, namely Transparency and accountability: with special reference to Public Private Partnership Projects, RTI Act : Potential & efficacy in curbing corruption and grievance redressal, RTI Act - Exemption Provisions & Second Schedule and… Read More
New Categories of Generic Top Level Domains to be Introduced for Brands, Communities and Cities Registration Opens in January 2012
New Generic Top Level Domains (gTLDs) will be introduced by Internet Corporation for Assigned Name and Numbers (ICANN) for the categories of Brands, Communities and Cities and Regions. Applications for the first round of new gTLDs will open on January 12, 2012 and run until April 12, 2012. During this time frame, organizations will be… Read More
Enhancement of limits for Export related receipts facilitated by Online Payment Gateways
To, All Category - I Authorised Dealer Banks Madam / Sir, Processing and Settlement of Export related receipts facilitated by Online Payment Gateways - Enhancement of the value of transaction Attention of Authorised Dealer Category I (AD Category I) banks is invited to the A.P.(DIR Series) Circular No. 17 dated November 16, 2010, in terms of… Read More
Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement
To, All Stock Exchanges Dear Sir / Madam, Sub: Establishment of Connectivity with both depositories NSDL and CDSL Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement 1. It is observed from the information provided by the depositories that the Companies listed in Annexure ˜A™ have established connectivity with both the depositories.… Read More
Prudential Guidelines on Capital Adequacy and Market Discipline – New Capital Adequacy Framework (NCAF) -Revision of Rating Symbols and Definitions of Credit Rating Agencies
The Chairman / CMD / MD / CEO All Scheduled Commercial Banks (excluding LABs and RRBs) Dear Sir, Prudential Guidelines on Capital Adequacy and Market Discipline - New Capital Adequacy Framework (NCAF) -Revision of Rating Symbols and Definitions of Credit Rating Agencies Please refer to the Master Circular No. DBOD.No.BP.BC.11/21.06.001/2011-12 dated July 1, 2011 on 'Prudential Guidelines on Capital… Read More
Admit cards for Nov,11 exam also available on ICAI website
The Institute of Chartered Accountants of India hereby informed that physical admit cards for the forthcoming November 2011 examinations have already been desptached by post. The admit cards with the photos and signatures of the candidates have also been hosted on www.icai.nic.in. Candidates may also download the same and use them. Candidates may note that admit… Read More
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