Others News

FEMA Violations - Not to be prosecuted as a civil in nature

03 September 2011 at 11:37

The Foreign Exchange Management Act, 1999 is a civil act in nature as such there is no provision for launching the prosecutions. During the last three years i.e. 2009-10,2010-11 and 2011-12 (upto July 2011) , the Directorate of Enforcement has

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Indian Growth Story to Remain Largely Intact

03 September 2011 at 11:37

The uncertainty in the global markets due to recent developments in United States of America (USA) and Euorzone have had some impact on capital markets in India. The economy, however, is basically domestic demand driven, as about 85 per cent of it

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Legislation for Protection of Interest of Depositors

03 September 2011 at 11:36

The Reserve Bank of India (RBI) Act, 1934 provides adequate protection to small depositors in financial institutions. The interest of Depositors in financial establishments can be broadly divided into two segments (a) companies registered as Non-Ba

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Government takes Various Steps to Curb Circulation of Fake Currency

03 September 2011 at 11:20

The steps taken by the Government to curb circulation of Fake Indian Currency Notes (FICN) in the country include stepping up of vigilance by the Border Security Force and Custom authorities to prevent smuggling of fake notes; dissemination of i

Posted in Others | 2 comments | 9444 Views

ICAI - President's Message - September 2011

30 August 2011 at 15:22

Let me first offer my sincere regards to the former President of India and great philosopher Dr. Sarvepalli Radhakrishnan on the eve of the Teachers Day that is celebrated on 5th September, i.e. his birthday

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Notice for Membership Fee to avoid from Cancellation of Certificate of Practice

30 August 2011 at 13:41

FOR ATTENTION OF MEMBERS In order to avoid removal of their names from the Register of Members and cancellation of Certificate of Practice, Members who have not paid their fees are requested to remit the same on or before 30th September, 2011 as

Posted in Others | 4 comments | 9444 Views

RBI releases Draft Guidelines for Licensing of New Banks in the Private Sector

29 August 2011 at 15:48

RBI releases Draft Guidelines for Licensing of New Banks in the Private Sector The Reserve Bank of India released on its website today, the Draft Guidelines for “Licensing of New Banks in the Private Sector”. The Reserve Bank has

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FM Confident of Indias Capacity to Come Out Stronger from any International Financial Crisis

29 August 2011 at 15:47

Finance Minister Confident of Indias Capacity to Come Out Stronger from any International Financial Crisis; calls for Greater Policy Transparency, Coherence and Coordination Across Sectors and Different Levels of Government The Union Fina

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CS - Last date for Annual Membership fee for the year 2011-12

26 August 2011 at 22:47

The names of the member s who will not remit their annual member s hip fee for the year 2011-12 by the la s t extended date i.e. 31st August, 2011 will stand removed from the Register of members w.e.f. 1st September, 2011. They shall be requir

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Common Admission Test for All Degree Courses

20 August 2011 at 10:58

While it is ideal to have a unified admission test for admission to higher education for all students, it is a great challenge, considering the huge diversity of education systems in the country. The underlying principle for having such a common a

Posted in Others | 4 comments | 15903 Views