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FM urged RBI to expeditiously finalise the revised priority sector guidelines
20 March 2012 at 12:46Shri Pranab Mukherjee, Hon’ble Union Minister of Finance today addressed the Central Board of the Reserve Bank Board on the various aspects of the Budget and the background of constraints arising out of the international financial situations
Constitution of a Committee t o formulate a Policy Document on Corporate Governance
20 March 2012 at 12:46NO. 17/46/2012-CL-V Government of India Ministry of Corporate Affairs 5th floor, 'A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi Dated: l 9th March, 2012 OFFICE MEMORANDUM Subject:-Constitution of a Committee t o
Applicability of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for CS June, 2012 Exams
20 March 2012 at 12:45Applicability of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 SEBI vide its Notification No. LAD-NRO/GN/2011-12/24/30181 dated September 23, 2011 notified the New SEBI (Substantial Acquisition of Shares and Takeovers
ICAI welcomes the Economic Survey 2011-12
20 March 2012 at 12:45Economic Survey 2011-12 The ICAI welcomes the Economic Survey 2011-12 highlighting the thrust and focus areas of the requiring policy level impetus. The Service Sector like past few years has emerged as the largest contributor to share in the GD
Request to share contact details of ICAI Members in Entrepreneurship and Public Services
20 March 2012 at 12:45The ICAI proudly acknowledges professional achievements of its members in Entrepreneurship and Public Service. ICAI has a special committee, the “Committee for Members in Entrepreneurship & Public Services” to recognize their contr
CBEC Clarifies on Levy of Excise Duty on Precious Metal Jewellery
20 March 2012 at 12:45Press reports after the presentation of the budget on 16.03.2012 indicate that the full import of the provisions contained in the legislation related to the levy of excise duty of 1% on precious metal jewellery are not clear to the trade. In the
Setting Up of NCLT and NCLAT
19 March 2012 at 17:46The Government proposes to set up National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT). Provisions have been incorporated in the Companies Bill, 2011 which has been introduced in the Lok Sabha on 14.12.2011. T
Failure in filing Balance Sheet or Annual Return : Companies Blacklisted
19 March 2012 at 17:46As per general circular No. 33/2011 dated 01/06/2011, the Government has marked 1,55,394 companies as “Defaulting Companies” for failure to file Balance Sheet or Annual Return for any of the financial years, 2006-07, 2007-08, 2008-09 a
Delay in Implementation of IFRS
19 March 2012 at 17:46Keeping in view the consultation held with various stakeholders on certain issues including tax related issues, it was decided to implement convergence of Indian Accounting Standards with International Financial Reporting Standards (IFRS) in a pha
Corporate Houses Found Involved in Various Scams During the Last Three Years
19 March 2012 at 17:46Corporate Houses found to have prima facie violated provisions of the Indian Penal Code can be regarded as being ‘involved in scams’. As per investigation reports received in the Ministry, 21 Companies fall in this category. List of su
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