Others News

Approval of framework for consolidation of Public Sector Banks

02 November 2017 at 10:44

An Alternative Mechanism for consolidation of the Public Sector Banks (PSBs) has been constituted under the Chairmanship of the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley. The composition of the Alternative Mechanism will be a

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Provident fund to carry interest of 7.8% says Govt

25 October 2017 at 16:55

General Provident Fund (GPF) and other similar funds shall carry interest at the rate of 7.8% w.e.f. 1st October, 2017 to 31st December, 2017. The Government of India has announced that during the Financial Year 2017-18, accumulations at the credit o

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MCA issues Notification and rules for Valuation by Registered Valuers

23 October 2017 at 11:08

Ministry of Corporate Affairs issues Notification for commencement of Section 247 of the Companies Act, 2013 relating to Valuation by Registered Valuers ;. The Companies (Registered Valuers and Valuation) Rules, 2017, finalized after public consultat

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Bank data reveals 5800 companies with 13140 suspicious accounts

07 October 2017 at 10:50

Government of India receives vital information from 13 Banks regarding the bank account operations and post-demonetization transactions of some of the 2,09,032 suspicious companies that had been struck off the Register of Companies earlier this year;

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Rates of Interest on Small Savings Schemes to remain unchanged

02 October 2017 at 14:38

Rates of Interest on the various Small Savings Schemes for the Third Quarter of the Current Financial Year 2017-18 starting from 1st October, 2017 to remain unchanged. The Government of India has decided that the rates of interest on the various Smal

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India's external debt stood at 471.9 billion dollars

18 September 2017 at 10:51

Ministry of Finance releases India's 'External Debt: A Status Report 2016-17';India's External Debt stock stood at US$ 471.9 billion at end-March 2017, decreasing by US$ 13.1 billion (2.7 per cent) over the level at end-March 2016. The 23rdIssue

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MOU between MCA and CBDT for automatic exchange of information

15 September 2017 at 11:02

MOU between the Ministry of Corporate Affairs and Central Board of Direct Taxes (CBDT) for Automatic and Regular Exchange of Information Taking forward the initiative launched by the Government of India to curb the menace of shell companies, money la

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Cabinet approves additional 1% DA to Central Govt employees

13 September 2017 at 10:43

Cabinet approves release of additional 1% Dearness Allowance to Central Government employees and Dearness Relief to pensioners w.e.f. 01.07.2017 The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for release of

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Ministry of Finance tweets against CAs involved in illegal activities

07 September 2017 at 10:46

Ministry of Finance tweets against CAs involved in illegal activities

Posted in Others | 4 comments | 34398 Views

Restriction on Bank account of over 2 lakh struck off companies

06 September 2017 at 10:41

Department of Financial Services advises all Banks to take immediate steps to put restrictions on bank accounts of over two lakh 'struck off' companies Government has stepped up decisive action against companies falling within the ambit of Se

Posted in Others | 3255 Views