The price band for the sale price and repurchase price as per SEBI Regulations 1996 is as follows where,
a) sale price should not be higher than 107% of NAV,
b)repurchase price should not be lower than 93% of NAV, and
c)difference between sale price and repurchase price calculated on sale price should not exceed 7%.

Is there any change in this rule???

I want to know how many attempts are there for PE-II .Is the attempts are counted seperately for each group .

Please tell me if any classes or tution for C.A. final Costing ,will be appearing for may 2008 exam.(Very urgent)I am located at western suberb in mumbai.(Andheri)

Please could nebody give me tips on how to score in Costing.Is study material problems sufficient to tackle Costing?

I am a PE-2 student regd after PE-1.my eligbility certificate was valid only up to Nov2007 examn.
i wrote PE-2 in Nov2007 and have failed in both groups getting an exemption in information tech with 62 marks.
I am totally confused reading the transition update. I would like to know whether i can write May2008 PE-2 or whether i should get converted to new scheme. If i get converted, can i write PCE May 2008 without the prior requirement of completion of 18 months articleship.will i hav to write information tech paper again under PCC.Is immediate joining for articleship needed along with PCC transition?

Pls do give me a reply at the earliest

I have difficulty in the following subject.
Can nebody suggest me some good books or provide me with the requisite material.Hoping for a positive and prompt response.

What are the imp accounting stds to be refered for May 08. Moreover can ne1 tell me impt sections to be referred for Corporate laws and Income tax.

hi, i have exemption in MICS paper. I got it in Nov 2006 attempt. Do i have the exemption in May 2008 exam also? i heard that the exemption is valid for next 3 attempts. Please clarify my doubt....

thnks

Hi, i am in a serious confusion regarding my eligibility to appear in CA Final Exam. I was registered as an article trainee and a student of CA Final Course on 01.06.2006 . Since then i am continuing my professional training. Whether i can appear in May 2008 Exams or not even for a single group.

I hope you will help me in this matter.

Thank You

Dear Sir/Ma'am,

If the current price of a share is Rs. 100/- (Beta 1.1 with Sensex) and a person has purchased 1000 shares. How can he perfectly hedge the situation by selling index futures. Index futures is avialble at 4500 index points and one contract of futures comprises at 50 units.

My major concern in this question is how to compute the value of one unit of index.

Pls. do reply and advise me on calculation of value of one unit of index.

Regards

Pankaj Gupta