Community & General News
RBI considering the 'plastic' for the use of printing currency!
19 August 2007 at 00:04The Reserve Bank is considering the use of long-lasting and more durable plastics for printing currency notes, to replace paper notes that have a shorter life. "The bank is deliberating upon the option of bringing in plastic currency which can be a m
Happy Independence Day!!!
14 August 2007 at 13:41CAclubindia.com wishes all its members a very Happy Independence Day!!!!
Auditors - Credit risk recognition
14 August 2007 at 03:27Auditors are preparing for particularly careful scrutiny of companies' assumptions about valuation and the risks posed to their businesses in the light of current market volatility.Two of the Big Four UK accountancy groups have issued internal memos
Supreme Court on 'bank guarantees' & 'letter of credit' !
10 August 2007 at 06:12In a significant ruling, the Supreme Court has laid down guidelines for encashment of bank guarantee or letter of credit. A bench comprising justice Tarun Chatterjee and justice PK Balasubramanyan said, "We find that the following principles should b
Now PAN card might be compulsory for all bank transaction
10 August 2007 at 04:14Another step to curb black money transactions. Inanother step to keep closer tabs on financial transactions and curb black moneytransactions, the government is planning to make quoting the permanent accountnumber (PAN) mandatory for all transaction
Vision-2021,ICAI
02 August 2007 at 11:34A comprehensive Vision Document titled `ICAI Vision for the 21st Century' was released in 2002; comprising detailed vision and restructuring business plan for the Institute and the profession keeping 2010 as target year. Since then, the world economy
Life & taxes....
17 July 2007 at 11:45Loss of a dear one leaves a void that cannot be filled. The familybesides being emotionally disturbed, is also at loss on financial front,especially if that individual is the sole/main earning member of the family.Often the family receives one or mor
COMPULSORY ' INSURANCE ' FOR NEW BUILDINGS--PROPOSED !
14 July 2007 at 23:42NEW DELHI, JUL 13: The government is planning to make home insurance mandatory for developers to ensure that buildings are structurally sound enough to withstand earthquakes and fire. According to government sources, a clause to this effect will be
NAAMKARAN proposal for ICWAI
07 July 2007 at 08:28Will this proposal give recognition to Work Accountants????The Institute of Cost and Works Accountants of India (ICWAI) has presented a memorandum to the Ministry of Corporate Affairs requesting for a change in the name of the institute. The name it
Banking Ombudsman
05 July 2007 at 00:00THE BANKING OMBUDSMAN SCHEME, 2006The Scheme is introduced with the object of enabling resolution of complaints relating to certain services rendered by banks and to facilitate the satisfaction or settlement of such complaints. CHAPTER IPRELIMINARY1.
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