Community & General News

SEBI- Empanelment of forensic auditors for listed companies

SEBI- Empanelment of forensic auditors for conducting forensic audit of listed companies Securities and Exchange Board of India (hereinafter referred to as “SEBI”) invites applications of eligible CA firms / companies (hereinafter referre

Anti-dumping Duty on the import of Specified Stainless Steel Products

Anti-dumping Duty on the import of Specified Stainless Steel Products for providing relief to the Domestic Steel IndustryThe Government has imposed Anti- Dumping Duties on imports of specified Stainless-Steel Products vide: Notification No 61/2015- C

RBI raises Repo and Bank Rates by 25 Base points

RBI/2018-2019/31FMOD.MAOG. No.126 /01.01.001/2018-19August 1, 2018All Scheduled Commercial Banks (excluding RRBs),Scheduled Urban Co-operative Banks and Standalone Primary DealersMadam/Sir,Liquidity Adjustment Facility � Repo and Reverse Repo R

PFRDA Invites Expression of Interest (EOI) for Actuarial Valuation of Atal Pension Yojana

Pension Fund Regulatory and Development Authority (PFRDA) invites Expression of Interest (EOI) from reputed Actuary/Actuarial Firm for valuation to estimate the likely shortfall or otherwise on account of the minimum guaranteed pension and suitable p

S.Ramesh takes over as new CBIC Chairman

Shri S. Ramesh, IRS(C&CE:1981) has taken over as Chairman, Central Board of Indirect Taxes and Customs [CBIC], on superannuation of Smt. Vanaja N. Sarna today . Prior to his elevation, he was Member (Administration) in the Board. Shri S. Ramesh b

Know when to say no to Cash transaction

President gives assent to Fugitive Economic Offenders Ordinance, 2018

With the assent of the President of India, the Fugitive Economic Offenders Ordinance, 2018 gets promulgated; New Law lays down the measures to empower Indian authorities to attach and confiscate the proceeds of crime associated with economic offender

All steps are being taken to ensure ATMs are supplied with cash says Govt

Government reviews the currency circulation in the countryGovernment and RBI have taken all steps to meet unusual demand of the currencyAdequate reserves of currency to meet the rising demandsNon FunctionalATMS to be normalized soonThere are reports

RBI keeps repo rates unchanged

Government of India welcomes the First bi-monthly Statement of FY 2018-19 of the Monetary Policy Committee (MPC).The Ministry of Finance, Government of India welcomes the First bi-monthly Statement of the Monetary Policy Committee (MPC) in the Financ

KYC Requirement for Customers Using Mobile Wallets

As per Reserve Bank of India (RBI)’s related Master Direction dated October 11, 2017 as updated on December 29, 2017, since Prepaid Payment Instruments (PPI) Issuers are operating a payment system, provisions of Prevention of Money Laundering A