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Changes made to proposal in Union Budget 2009
28 July 2009 at 10:23Finance 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
Some relaxation from ICSI postal coaching scheme
27 July 2009 at 21:39ATTENTION STUDENTS !!! Rationalization of the system for issue of Coaching Completion Certificate under Postal Coaching Scheme The Training & Educational Facilities Committee (TEFC) of the Council in its 93rd meeting held on 11th July 2009 ha
Scrutiny of Statutory Reports of Corporate Houses
27 July 2009 at 15:33Scrutiny of Statutory Reports of Corporate HousesThe Government has said that in the light of the developments in the matter of Satyam, the Securities and Exchange Board of India (SEBI) has initiated a process of peer review of the working papers (re
Inviting suggestions/ comments on draft LFAR of RRBs
27 July 2009 at 11:37Inviting suggestions/ comments on draft LFAR of RRBsSub: Inviting suggestions/ comments on draft LFAR of RRBs.LFAR is a major tool to analyze the performance of banks. It not only gives a very narrow view of banking operations but also acts as an ea
Quoting PAN compulsory for insurance with premium above 1 lac
27 July 2009 at 10:52Requirement 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
Centralised Processing centre for IT return in Bangalore
25 July 2009 at 10:48IT Return Processing CentresThe Government proposes to set up a Centralised Processing Centre (CPC) during 2009-10 only at Bengaluru, for processing of all Income-tax returns received in the State of Karnataka and for processing of all e-returns rece
UTN expected to be operational from 1st Jan 2010
25 July 2009 at 10:43Unique Transaction NumberThe Government has decided to make it compulsory to quote Unique Transaction Number (UTN) in the Income-tax return forms to be filed by all the assessees to whom such number has been allocated by the Income-tax Department. S
Cash Withdrawal at Point-of-Sale
23 July 2009 at 11:26Cash 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
Net direct tax collections register 3.65% growth
23 July 2009 at 10:48Net direct tax collections register 3.65% increase in the first QuarterNet direct tax collections during first three months of the present fiscal (up to June 2009) stood at Rs.59,465 crore, up from Rs.57,373 crore in the same period last fiscal, regi
Shri G.N.Venkataraman elected President of the ICWAI
23 July 2009 at 10:46Shri G.N.Venkataraman elected President of the Institute of Cost and Works Accountants of India SHRI B.M.SHARMA WILL BE THE NEW VICE PRESIDENTShri G.N.Venkataraman has been elected as the new President of the Institute of Cost and Works Accountants o
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