Others News

Demonetisation has helped share of financial saving rise says economic survey

29 January 2018 at 13:30

The highlights of the Investment and Savings situation as brought out by Economic Survey 2017-18 tabled in Parliament today are as follows:- India�s unprecedented climb to historic high levels of investment and saving rates in the mid-2000s has

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FM releases Economic survey 2018 in parliament

29 January 2018 at 13:21

Finance Minister Present Economic Survey 2017-18 in Parliament

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Rs 88139 crore capital infusion in PSU Banks

25 January 2018 at 11:13

The Government of India announces details of Bank recap and Comprehensive Reform PlanThe Government of India today unveiled details of the re-capitalisation of Public Sector Banks (PSBs) announced in October, 2017. The capital infusion plan for 2017

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Tax Return Preparer (Amendment) Scheme, 2018

23 January 2018 at 11:29

MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 19th January, 2018G.S.R. 44(E).�In exercise of the powers conferred by sub-section (1) of Section 139B of the Income-tax Act, 1961 (43 of 1961),

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Rate of interest of PPF deposits for 2018 reduced to 7.6 percent

15 January 2018 at 11:16

RBI/2017-18/120DGBA.GBD.1781/15.02.005/2017-18All Agency Banks handling Small Saving SchemesDear SirInterest rates for Small Savings SchemesPlease refer to our circular DGBA.GBD.954/15.02.005/2017-18 dated October 12, 2017 on the above subject. The G

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ICAI views on SEBI order regarding Satyam Case

12 January 2018 at 20:23

ICAI views on recent order issued by SEBI-Satyam caseWith regards to Sebi order in the Satyam case, we would like to inform that The Institute of Chartered Accountants of India was the first to be off the blocks when the Satyam matter broke out in Ja

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Satyam Case: SEBI bans PwC entities from issuing audit certificates for listed entities for 2 years

11 January 2018 at 13:18

Finding PwC guilty in the 9-year-oldSatyam scam, SEBI has banned PwC and its network entities from issuing audit certificates to any listed company in India for two years.This is said to be one of the most stringent orders passed by any regulator aga

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Govt gives the rationale for the FRDI bill 2017

03 January 2018 at 11:13

Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 seeks to protect and enhance the depositors’ existing rights and bring in a comprehensive and efficient resolution regime for financial firms.Rationale for the Financial Resolution an

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Debit card charges below Rs 2000 will be subsidised by Govt

18 December 2017 at 10:56

Cabinet approves subsidizing MDR charges on debit card/BHIM UPI/AePS transactions of value less than Rs.2000 The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved that the Merchant Discount Rate (MDR) applicable on all debit car

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Exposure draft guidance note on Audit of Banks 2018

15 December 2017 at 11:10

Knowledge of the Banking Industry1.01 The banking industry is the backbone of any economy as it is essential for sustainable socio-economicgrowth and financial statements in the economy. There are different types of banking institutions prevailing in

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