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ICWAI - President Communique for October, 2011

   30 September 2011 at 10:42

Action may not always bring happiness...but there is no happiness without action. - Benjamin Disraeli Dear Professional Colleagues, We are approaching the festive season, which brings joy to the millions of lives in our country. Celebrated in all

Posted in Community & General |   6165 Views


Finance Ministers Statement on 2G Note

   30 September 2011 at 10:00

The following is the text of the Finance Minister, Shri Pranab Mukherjees statement, made here today: A number of stories on 2G Spectrum had appeared in the media in January 2011. A view was taken that a harmonized note based on fact

Posted in Community & General  1 comments |   4548 Views


Procedure for electronic filing of Central Excise and Service Tax returns and for electronic payment of excise duty and service tax

   29 September 2011 at 17:17

Circular No. 956/17/2011-CX F.No. 201/10/2011-CX 6 Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) New Delhi Dated, the 28th September,2011 To All Chief Commis

Posted in Excise  8 comments |   21885 Views


Attempt to defraud using fake bank guarantee-modus operandi

   28 September 2011 at 13:10

RBI/2011-12/206 DNBS(PD).CC. No.245 /03.10.42 /2011-12 September 27 , 2011 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, Attempt to defraud using fake bank guarantee-modus operandi Instances of fraud have been bro

Posted in Community & General |   6348 Views


IRCS to Get benefits under Income Tax Act

   27 September 2011 at 17:08

The Union Health Minister and Chairman of Indian Red Cross Society and St John Ambulance (India), Shri Ghulam Nabi Azad today presided over the General Body meeting of the two organizations on behalf of the President of India Smt. Pratibha Devisingh

Posted in Income Tax |   7053 Views


Union Finance Minister's Address to BRICS

   23 September 2011 at 17:13

Following is the Text of the address delivered by Union Finance Minister Shri Pranab Mukherjee at the BRICS Finance Ministers Meeting in Washington DC, yesterday: “We are meeting here at the time when global economic growth seems to be losi

Posted in Community & General |   3819 Views


Returns to be submitted by NBFCs - Revised Formats

   23 September 2011 at 12:23

RBI/2011-12/195 DNBS(PD).CC. No.243/03.02.02/2011-12 September 22, 2011 All Non Banking Financial Companies (excluding RNBCs) Dear Sir, Returns to be submitted by NBFCs- Revised Formats In terms of extant instructions, NBFCs are required t

Posted in Community & General  1 comments |   14829 Views


Dr. M. Veerappa Moily Invites Suggestions from Corporate Sector for an Effective and Beneficial Competion Policy

   23 September 2011 at 12:23

Union Corporate Affairs Minister Dr. M. Veerappa Moily has asked the Corporate Sector in the country to send their relevant and issue specific suggestions during the current exercise of initiatives underway in drafting the new national competition p

Posted in Corporate Law |   4407 Views


Draft Guidance Note to the Revised Schedule VI to the Companies Act, 1956

   21 September 2011 at 17:39

Draft Guidance Note to the Revised Schedule VI to the Companies Act, 1956 Check the Attached file for Details

Posted in Corporate Law  2 comments |   21480 Views


Dishonour of electronic funds transfer for insufficiency of funds in the bank account - clarification

   21 September 2011 at 17:03

DOC/2011-12/191 DPSS. CO.PD.No.497/02.12.004/2011-12 September 21, 2011 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District

Posted in Community & General  3 comments |   9081 Views



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