Central bank steps up vigil against money launderingAuthor : Team DNATightening the anti-money laundering norms, the Reserve Bank of India on Thursday made it mandatory for banks to report all suspicious transactions
The CTT, which will be administered by the Central Board of Direct Taxes (CBDT), will be levied at the rate of 0.017 per cent on sellers of commodity futures as well as options. Purchasers of options, who exercise them, will pay 0.125 per cent on the
In view of the rise in the number of disputes and litigations against banks for engaging recovery agents in the recent past, it is felt that the adverse publicity would result in serious reputational risk for the banking sector as a whole.
Stamp duty payment to be made onlineThe government is all set to instigate a centralized electronic stamp duty payment and online vetting of charter of new companies, irrespective of the states where they are set up. Entrepreneurs will soon be
Joining the government in battling the skyrocketing inflation, the Reserve Bank of India (RBI) today hiked the cash reserve ratio (CRR) by 50 basis points to 8%. The ratio indicates the amount of money banks have to keep with RBI as a percentage
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ICAI increases intake to meet shortage of CAsSource: Business StandardTo meet the growing demand for chartered accountants, the Institute of Chartered Accountants of India (ICAI) has upped its intake of students.It admitted a record 125,000 students
IMPORTANT DUE DATE UNDER VARIOUS LAWS FOR THE FINANCIAL YEAR 2008-09To download the same click on the link belowIMPORTANT DUE DATE FY 2008-09CA. B.K.BANSAL
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A Ministry of Corporate Affairs-constituted expert group to review the existing cost accounting standards and cost audit report rules has further divided itself into six sub-groups.Official sources said that the sub-groups will look into specifi
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
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