Community & General News

Issuance of Government of India Cash Management Bills

11 August 2009 at 11:08

The Government of India, in consultation with the Reserve Bank of India, has decided to issue a new short-term instrument, known as Cash Management Bills, to meet the temporary cash flow mismatches of the Government. The Cash Management Bills will be

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President's Message - August 2009

31 July 2009 at 17:42

ICAI President's Message - August 2009The Union Budget for 2009-10 presented by hon’ble Finance Minister Shri Pranab Mukherjee has now been analysed, debated and discussed. Contrary to market expectations, it has turned out to be more a budget

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Suggestion given on Indirect taxes

31 July 2009 at 11:19

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Awards for excellence in financial reporting

31 July 2009 at 10:42

ICAI AWARDS FOR EXCELLENCE IN FINANCIAL REPORTINGInvitation to Participate in the Competition for the year 2008-09 Last date for receipt of entries: 15th October, 2009 Objective To recognise and encourage excellence in the preparation and presentati

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ICAIs suggestions which have been considered by the Ministry of Finance

28 July 2009 at 12:32

Suggestions with regard to Indirect Taxes given in Post Budget Memorandum accepted in the Budget 2009-10 Sr. No. Particulars ICAI - Suggestion Proposals in B

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Changes made to proposal in Union Budget 2009

28 July 2009 at 10:23

Finance Minister's reply to the debate on Finance (No.2) Bill,2009 in lok Sabha Madam Speaker, at the outset, I would like to thank all the honourable Members who have participated in the discussion on the Finance (No.2) Bill, 2009. I would also

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Quoting PAN compulsory for insurance with premium above 1 lac

27 July 2009 at 10:52

Requirement of PAN for Insurance ProductsCircular No: 021/IRDA/LIFE/PAN/Jul-2009Dated 23-7-2009It has been decided to mandate the requirement of PAN on all high value insurance products. All Insurers are therefore advised to collect PAN from all per

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Cash Withdrawal at Point-of-Sale

23 July 2009 at 11:26

Cash Withdrawal at Point-of-SaleRBI/2009-10/105DPSS.CO.PD.No. 147/02.14.003/ 2009-1022nd July 2009ToAll System Providers (VISA / MasterCard / American Express), All Scheduled Commercial banksDear Sir,Cash Withdrawal at Point-of-Sale (POS)Presently c

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Refrain from sending separate empanelment to NABARD

15 July 2009 at 16:52

As everybody is already aware, National Bank for Agriculture and Rural Development (NABARD) takes panel from the Institute of Chartered Accountants of India for the empanelment of Statutory Auditors of Regional Rural Banks. (RRBs)In this context, it

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Cases referred to the Serious Fraud Investigation Office

13 July 2009 at 12:26

In all, 37 cases were referred to the Serious Fraud Investigation Office (SFIO) during the last three years i.e. during the years 2006-07, 2007-08 and 2008-09.Out of these 37 cases, investigations in respect of 9 cases have been completed. The number

Posted in Community & General | 3 comments | 10254 Views