Bank balance sheets may turn more volatile on account of the new accounting rules that would change the way derivatives are valued. The central bank has set up a sub-group to look at implementation of Accounting Standard 30 (AS 30), which pertains to
CBDT has enhanced the scope of filling Etds/Etcs return by amending the rule 31A(applicable on etds) and 31AA(applicable on etcs) vide Income-tax (Ninth Amendment) Rules, 2007NOTIFICATION No. 238/2007, dated 30-8-2007.Now following person are liable
L.I.C. Officers' ExamA competitive examination for the recruitment of the Assistant Administrative Officers etc, in Life Insurance Corporation (LIC) is held once a year, generally in the month of June. The blank application form and particulars are p
Import TALLY Data / Export TALLY Data Tally allows users to Import data from other software's as well as Export data from Tally to other software's. Tally allows users to Import and Export in ASCII, SDF and XML formats. XML is now the most widely use
BACKGROUND:Infrastructure development has been major thrust area in government policies in recent past. India is witnessing all round development in infrastructural facilities as never before. Better Road Network, Airport of International Standard, M
11B: DOCTRINE OF UNJUST ENRICHMENT · In UOI Vs. Solar Pesticides (P) Ltd. (2000) it has been held that the provisions of unjust enrichment is applicable also in respect of captive consumption of inputs. · In C.C.Ex Vs Allied Photographics (Sc
NEW SERVICE TAX CODING,ALL OLD CIRCULARS,CLARIFICATIONS WITHDRAWN CBEC has issued a circular no.96 dated 23/7/2007 Service Tax.Main heading of the circular is summersied below:1.ALL OLD CIRCULARS ,CLARIFICATION AND COMMUNICATION WITHDRAWNParagraph 6
Implementation of revised empanelment norms for appointment of statutory auditors of public sector banks select all India financial institutions & RBI.CLARIFICATION AS REGARDS THE MEANING OF THE TERM 'AUDIT STAFF' ISSUED BY RBI The Reserve Bank o
With the opening up of the real-estate industry, there has been an increase in Foreign Direct Investment (FDI) in the sector. According to a report by property consultants Jones Lang LaSalle, an estimated $10 billion foreign investment is expected to
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India