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Rate of Interest in PPF increased to 8.8%
03 April 2012 at 18:02RBI/2011-12/483 DGBA.CDD. No. H- 6506 /15.02.001/2011-12 April 3, 2012 The Chairman and Managing Director/Managing Director Head Office, Government Accounts Department State Bank of India/State Bank of Patiala/ State Bank of Bikaner & Jaipu
Vaildity of cheques decreased from 6 to 3 months
02 April 2012 at 15:58RBI/2011-12/251 DBOD.AML BC.No.47/14.01.001/2011-12 November 4, 2011 The Chairmen/Chief Executive Officers All Scheduled Commercial Banks (excluding RRBs)/Local Area Banks Dear Sir, Payment of Cheques/Drafts/Pay Orders/Banker’s Cheques
Exposure Draft of Guidance Note on Cost Accounting Standard - 9 on Packing Material Cost (CAS - 9)
02 April 2012 at 13:24Cost Accounting Standards Board, the standard-setting body of the Institute, has approved the release of Exposure Draft of Guidance Note on Cost Accounting Standard - 9 on Packing Material Cost (CAS - 9). The proposed Exposure Draft may be modifie
CWA - President Communique for April, 2012
02 April 2012 at 12:00President Communiqué April, 2012 “The blameless wealth from fairest means; Brings virtue and also bliss” Thirukurral by Thiruvalluvar (550 AD)
Indian Government Accounting Standard 3 on Loans and Advance made by Governments
02 April 2012 at 10:49Indian Government Accounting Standard 3 on Loans and Advance made by Governments
Income-tax (Fourth Amendment Rules, 2012 - Depreciation restricted to 15% on wind mills installed after 31-3-2012
02 April 2012 at 10:37Notification No. 15/2012 [F.No.149/21/2010-SO(TPL)] S.O.694(E) Dated 30-3-2012 In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rule
e-Filing in F.Y 2011-12: Quick Statistics (as on 31st March 2012)
01 April 2012 at 21:10QUICK HIGHLIGHTS OF E-FILING IN F.Y. 2011-12 (UPTO 31/03/2012) COMPARATIVE GROWTH OF E-FILING IN CURRENT YEAR
Limits on Holding Company Expansion
01 April 2012 at 21:10A Working Group (WG) was constituted by Reserve Bank of India (RBI) on introduction of Financial Holding Company (FHCs) structure in India in June 2010. WG has submitted its report in May 2011. The WG has proposed to put in place some limit on the
Computerization of Commercial Tax Departments
01 April 2012 at 21:11A mission Mode Project for computerization of Commercial Taxes Departments of States and UTs (MMPCT) was initiated under the National e-Governance Plan. Accordingly, the Cabinet, in February, 2010 approved this project for an overall value of Rs.
Frequent Change of Cash Reserve Ratio -CRR
01 April 2012 at 21:11Since 26.4.2010, the Cash Reserve Ratio (CRR) has been changed twice by the Reserve Bank of India (RBI) as per details given below. Date Change in CRR 28.01.2012 Reduced from 6
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