Community & General News

Limits on Holding Company Expansion

01 April 2012 at 21:10

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

Posted in Community & General | 4842 Views

Computerization of Commercial Tax Departments

01 April 2012 at 21:11

A mission Mode Project for computerization of Commercial Taxes Departments of States and UTs (MMPCT) was initiated under the National e-Governance Plan. Accordingly, the Cabinet, in February, 2010 approved this project for an overall value of Rs.

Posted in Community & General | 5130 Views

Frequent Change of Cash Reserve Ratio -CRR

01 April 2012 at 21:11

Since 26.4.2010, the Cash Reserve Ratio (CRR) has been changed twice by the Reserve Bank of India (RBI) as per details given below. Date Change in CRR 28.01.2012 Reduced from 6

Posted in Community & General | 6600 Views

ICAI e-Journal (April 2012)

30 March 2012 at 10:17

ICAI e-Journal (April 2012)

Posted in Community & General | 3 comments | 11544 Views

ICAI - President's Message - April 2012

30 March 2012 at 10:17

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

Posted in Community & General | 3 comments | 8871 Views

Expert Panel for Addressing Queries arising during Bank Branch Audits for year ending 31st March 2012

27 March 2012 at 15:20

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

Posted in Community & General | 7596 Views

No proposal to shift the insurance sector to a paperless model

27 March 2012 at 15:21

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

Posted in Community & General | 3375 Views

Revision of Interest Rates for Small Savings Schemes with Effect from 1st April 2012

27 March 2012 at 12:50

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

Posted in Community & General | 1 comments | 9357 Views

Training institutes to register themselves either as a company under the companies act, 1956 or as a society/trust

27 March 2012 at 15:22

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

Posted in Community & General | 6120 Views

ICAI - Please Restore Your Membership Before 31st March, 2012

26 March 2012 at 14:00

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

Posted in Community & General | 23931 Views