Community & General News

Amount Collected as Education CESS

26 November 2010 at 18:09

Amount Collected as Education CESS The amount of Secondary and Higher Education Cess collected during the last three years from direct and indirect taxes are as under : Direct Taxes:

Posted in Community & General | 10275 Views

NRIs can now vote, Govt issues notification

25 November 2010 at 10:22

NRIs can now vote, Govt issues notification A longstanding wish of millions of NRIs for voting right in India has come true with the Centre issuing a notification to this effect to enable them to exercise their franchise. Parliament had in th

Posted in Community & General | 4 comments | 8301 Views

Levy of Cash Handling Charges by Banks

23 November 2010 at 17:07

Levy of Cash Handling Charges by Banks Normally banks do not charge from their customer for depositing money to their own account. However, some banks levy charges for cash payment against credit card bills. Charges are collected at the time of

Posted in Community & General | 31413 Views

Regulation of Interest Rates Charged by MFIs

23 November 2010 at 17:06

Regulation of Interest Rates Charged by MFIs The Small Industrial Development Bank of India (SIDBI) has reported that SKS Microfinance Ltd. (SKS), the only Micro Finance Institution (MFI) in India to be listed on the Bombay Stock Exchange/Nation

Posted in Community & General | 5145 Views

Formation of Financial Stability Development Council

23 November 2010 at 17:03

Formation of FSDC The Financial Stability Development Council (FSDC) is expected to come into force in the month of December, 2010. The Ministry of Finance has consulted all the financial sector regulators on the formation of the Council. The

Posted in Community & General | 4257 Views

Certificate Course on Valuation at Hyderabad: Limited Seats

23 November 2010 at 15:20

Certificate Course on Valuation at Hyderabad: Limited Seats. Register soon Corporate Laws and Corporate Governance Committee The classes of the Certificate Course on Valuation at Hyderabad centre will start on 18t

Posted in Community & General | 6783 Views

Age-Limit for Senior Citizens Facilities

23 November 2010 at 10:38

Age-Limit for Senior Citizens Facilities The Maintenance and Welfare of Parents and Senior Citizens Act, 2007 defines ‘Senior Citizen’ as a person who has attained the age of 60 years or above. The Act provides for claim for maintena

Posted in Community & General | 2 comments | 5703 Views

One Rank One Pension

23 November 2010 at 10:32

One Rank One Pension The Parliamentary Standing committee on Defence has urged the government to reconsider the demand of "One Rank One Pension" for the ex-servicemen. The Parliamentary Standing Committee on Defence (15th LOK SABHA)

Posted in Community & General | 5493 Views

Savings Rate is Likely to Rise Further: FM

20 November 2010 at 10:59

Savings Rate is Likely to Rise Further: FM Arrival of India’s Corporations in Global Market Place is Optimistic Prognosis for the Economy: FM Union Finance Minister Shri Pranab Mukherjee has expressed confidence that we are in a positio

Posted in Community & General | 7719 Views