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ICAI releases Exposure Draft on Accounting Standard (AS) 10 and 11

On 18 March 2010 at 11:00

Accounting Standard (AS) 10 (Revised 20XX) (Corresponding to IAS 16) Property, Plant and Equipment (Comments to be received by 19 April 2010)...

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Posted in Accounts | 0 comments | 269 hits


Core banking services at post offices

On 17 March 2010 at 11:14

here is a proposal to introduce Core Banking Solution (CBS) in 4,000 post offices for ensuring “anytime, anywhere and any branch banking” in these 4000 post offices. There is a financial outlay of Rs.106 crores for development of CBS...

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Posted in Others | 0 comments | 422 hits


Banking facilities to be provided by March 2012 to habitations having population in excess of 2000

On 17 March 2010 at 11:11

In July, 2009, a total of 129 un-banked blocks were identified in the country. As a result of the concerted efforts made by the Government, Reserve Bank of India (RBI) and the Banks in providing banking facilities in the un-banked blocks...

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Posted in Others | 0 comments | 49 hits


Investigations by the Serious Frauds Investigation Office (SFIO)

On 17 March 2010 at 11:03

The Government has informed the Parliament that the Serious Fraud Investigation Office (SFIO) has so far investigated cases relating to 49 companies. Giving this information in written reply to a question in Rajya Sabha, Shri Salman Khurshid...

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Posted in Corporate Law | 0 comments | 219 hits


Encouraging Corpoate Social Responsibility

On 17 March 2010 at 11:00

The Government has said that the Ministry of Corporate Affairs has issued Voluntary Guidelines on Corporate Social Responsibility in December, 2009 to encourage the corporate sector to contribute in the social and economic development of the ...

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Posted in Corporate Law | 0 comments | 100 hits


Minister of state of Corporate Affair addresses members of CA profession

On 15 March 2010 at 10:33

Special address given by Hon’ble Minister of State (Independent Charge) of Corporate Affairs, Shri Salman...

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Posted in Corporate Law | 0 comments | 736 hits


Tax collection to be more humane: FM

On 12 March 2010 at 16:10

DIRECT TAX COLLECTION INCREASES TO MORE THAN HALF OF TOTAL TAX COLLECTION Finance Minister Shri Pranab Mukherjee has asked Indian Revenue Service officials to consider tax payers as important stakeholders in nation building and to administer taxes...

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Posted in Others | 3 comments | 1095 hits


MCA designing an e-form under MCA-21 to enable the Corporates to file their Corporate Social Responsibility report on the portal of the Ministry

On 12 March 2010 at 10:48

Ministry of Corporate Affairs designing an e-form under MCA-21 to enable the Corporates to file their Corporate Social Responsibility report on the portal of the Ministry...

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Posted in Corporate Law | 0 comments | 840 hits


Extension of time limit for Five Year Tax Holiday to Commonwealth Games

On 11 March 2010 at 11:38

Extension of time limit for Five Year Tax Holiday to Commonwealth Games hotel Projects in Delhi & NCRAt the...

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Posted in Others | 1 comments | 903 hits


No proposal for any upper cap on the number of independent directors

On 10 March 2010 at 14:31

The Companies Bill, 2009 has not proposed any upper cap on the number of independent directors, but, sub-clause (3) of clause 132 of the Companies Bill, 2009 provides that at least one-third of total...

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Posted in Corporate Law | 0 comments | 583 hits








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