NPA NORMS

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ICAI issues mandatory KYC norms for its members


ANNOUNCEMENT OF KYC NORMS All the members of Institute of Chartered Accountants of India ICAI who are in practice are hereby informed that the Council has formulated the Know Your Client KYC norms at its 356th Meeting held on 29th 30th June and 1st July 2016 KNOW YOUR CLIENT KYC NORMS The financial

Applicability of Amendments for Nov 2016 Final Exams


Applicability of Standards Guidance Notes Legislative Amendments etc for November 2016 Final Examination Paper 1 Financial Reporting I Framework for the Preparation and Presentation of Financial Statements II Accounting Standards AS No AS Title 1 Disclosure of Accounting Policies 2 Valuation of Inve

Easing of Compliance Norms Under Companies Act


After commencement of various provisions of the Companies Act 2013 and rules thereunder various issues received from Industry Chambers and stakeholders were examined in consultation with stakeholders In order to address the issues received certain rules have been amended The compliance norms whereve

Appointment of Central Statutory Auditors in PSBs


Norms on Eligibility Empanelment Selection of Central Statutory Auditors in PSBs Detailed information has been attached herewith

FM asks bankers to work in professional manner


Finance Minister asks the Bankers to Work in a Professional Manner Without any Fear or Favour FM Directs Bankers to Increase flow of Credit to Various Sectors and take Steps to Reduce their NPA Says That Global Growth is Patchy but Foreign Investors Showing Keen Interst in Investing in India The Uni

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Experts Opinions

Unpaid tds on immovable property read more at: http://www.c


Dear All My Name is Sandip Sawant i m Indian but Non Resident in India for last 4 Years i did t filed Income Tax Return I have purchased property of Rs 75 Lakhs and till date i have paid approx Rs 52 Lakhs slabwise payment I did not know about TDS on immovable property till date i didn t pay TDS on

Nbfc norms


sir 31 march 2016 k liye NBFC norms kya h provision and period for classification please reply

Regarding job in genpact


I have one query I got selected in genpact india through icai campus But as you know its a bpo later on if i left the organisation my experience will not be counted Should i go for this

Npa provision


Dear Sir Ma am May I ask for the Prudential Norms for NPA Provisioning as applicable for November 2016 examination CA Final paper 3 Advanced Auditing and professional Ethics for Audit of Banks Regards Dhiraj Kumar

Death of a assessee & refund unpaid


I have a Assessee who passed away In A Y 14 15 there was a refund in their ITR but Bank details was wrongly filled in ITR So Refund not received But Now we want to claim the refund A Then what should be done by us 1 Registration of the legal Heir after that upload Rectification with the correct bank

Discussion

How can we regularize npa loan

I had borrowed an Education Loan for my undergraduate course and after that i had pursued CS I didnt have proper income to pay back the education loan The loan was borrowed in 2007 I finished undergrad in 2010 and CS in 2016 june However the bank has treated the said education loan as NPA How can i

Listen election commission set up kypp norms

http simplesaravanan blogspot in 2016 12 listen election commission set up kypp

Unpaid tds on immovable property

Dear All I have purchased property of Rs 75 Lakhs and till date i have paid approx Rs 52 Lakhs slabwise payment I did not know about TDS on immovable property till date i didnt pay TDS on the property paid value Recently i have received income tax notice about the unpaid TDS i have attached slabwise

Mistry Sacking: Are Corporate Governance Norms as Loose as Before?

OutgoingTataChairmanCyrusMistryhasraisedseveraluncomfortablequestionsregardingcorporategovernancestandardsinIndiasmosthaloedconglomeratesinanemailtotheTataSonsboard Amongtheallegationsisalackofclearly definedreportingstructuresbetweenTataSons thevariousTataTrustsanditscompanies theinterferenceofinde

Clarification on international competitive bidding norms

Sir we are an Indian Company representing European Coatings Manufacturer for the Indian Market since 2006 Recently there was a situation calling for International Competitve bidding and we do not meetthe eligibility norms as per the requirement Please advise on how we can still participate the tende

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Unpaid/ unclaimed dividend


The word Dividend has origin from the Latin word Dividendum It means a thing to be divided Dividend means the portion of the profit received by the shareholders from the companys net profit which is legally available for distribution among the members Therefore dividend is a return on the share capi


Ganpati bring GST early next year


Arjuna Fictional Character Krishna we celebrate Ganpati festival with full of joy enthusiasm President of India as well as state government of many states has accepted the GST due to this its easier for GST to be implemented in our country The last days of this festival are coming By giving Ganpati


NPA in banks - Causes and solutions


Dear friends Now a days we all are facing a crucial issue of NPA of all public sector banks Many large banks including SBI PNB have reported huge NPA of their industrial clients Govt has been making efforts for solving the issue changing laws issuing directives etc but it seems that everybody is try


How to reduce NPA?


We all know that NPAs of banks are on ever rising mode and no matter how hard government tries it cannot do much in order to clear the balance sheet of banks Every business have certain inherent risks fortunately or unfortunately for banks inherent risk is non recovery of loans given and inherent ri


NPA Menace in the Indian banking system


The Financial Stability Report FCR June 2016 issued by RBI suggests that the business of Scheduled commercial banks SCB is showing significant stress The Gross Non Performing Advances GNPA of SCBs sharply increased to 7 6 of the Gross advances from 5 1 between September 2015 and March 2016 The net n


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Updated on : 1/16/2017 7:35:23 PM


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