A Working Group (WG) was constituted by Reserve Bank of India (RBI) on introduction of Financial Holding Company (FHCs) structure in India in June 2010. WG has submitted its report in May 2011. The WG has proposed to put in place some limit on the
Dear friends, Coming together is a beginning. Keeping together is progress. Working together is success, so said American industrialist Henry Ford, and this holds good for our profession as well. Together, each one of us can make a big differenc
ICAI e-Journal (April 2012)
The Insurance Regulatory and Development Authority (IRDA) has informed that as per the new guidelines dated 07.12.2011, all new applicants have to register themselves either as a company under the Companies Act, 1956 or as a Society/Trust. For the
Insurance Regulatory and Development Authority (IRDA) has reported that there is no proposal to shift the insurance sector to a paperless model. The insurance companies could continue to issue paper insurance policies. However, where an insurer is
FOR THE ATTENTION OF THE MEMBERS EXPERT PANEL FOR ADDRESSING QUERIES ARISING DURING BANK BRANCH AUDITS FOR YEAR ENDING 31ST MARCH 2012 Dear Members, The bank audit season is around the corner. Given the fact that the banking industry is typic
Based on the decisions taken by the Government on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), the interest rates for small saving schemes are to be notified every financi
Restoration under General Amnesty Scheme 2012. · Announcement · List of fee payable · Form 9 (Click and download) Restoration under Regulation 19 - Retrospective Restoration for the year 2011-12. Ret
Outcome Budget 2012-13
The Union Cabinet today gave its approval to release an additional instalment of Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners w.e.f. 1.1.2012 representing an increase of 7% over the existing rate o
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