CAclubindia News
Modification in PPF Scheme: Deposit Limit Raised from Rs. 70,000 to Rs. One Lac while Rate of Interest on Advances Against Deposits in PPF Scheme Raised from 1% to 2 Percentage Points
06 September 2011 at 18:09The Committee on Comprehensive Review of National Small Savings Fund (NSSF) headed by Deputy Governor, RBI has recommended revision of certain provisions of PPF Scheme, 1968 and benchmarking of interest rates on various small savings schemes with
Reduction of Taxes on Petro-Products
06 September 2011 at 18:03With effect from 25th June, 2011, the Central Government has reduced basic customs duties on crude from 5% to Nil, on petrol and diesel from 7.5% to 2.5% and on other petroleum products from 10% to 5%. Similarly, the basic excise du
Government Takes Necessary Action to Protect Markets while Keeping Close Watch on Global Developments
06 September 2011 at 18:03The uncertainty in the global markets due to recent developments in United States of America (USA) and Eurozone has had some impact on major markets across the globe, including India. However, Indian markets were less affected as compared to some
Revised Schedule VI (shall be effective from 01.04.2011)
06 September 2011 at 15:53General Circular No. 62/2011 F.No 17/244/2011-CL.V Government of India Ministry of Corporate Affairs 5th floor, ‘A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi Dated the 5th Sept, 2011 To, All Regional Directors All
Online incorporation of companies within 24 hours
06 September 2011 at 15:52General Circular No. 61/2011 No 2/10/2011-CL.V Government of India Ministry of Corporate Affairs 5th floor, ‘A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi Dated the 5th Sept, 2011 To, All Regional Directors All Reg
Cases of corporate frauds are on the increase
05 September 2011 at 22:47There is no verified information available to suggest that the cases of corporate frauds are on the increase. Number of prosecutions filed for the violations of the provisions of the Companies Act, 1956 for the last three years are as
Branch Expansion of Foreign Banks in India
03 September 2011 at 11:37As on 29.8.2011, 38 foreign banks are functioning with 321 branches in India. Reserve Bank of India has givenfollowing approvals for opening maiden branch/branch expansion in India during 2010 and 2100:- Branch/Branch expansion in India du
FEMA Violations - Not to be prosecuted as a civil in nature
03 September 2011 at 11:37The Foreign Exchange Management Act, 1999 is a civil act in nature as such there is no provision for launching the prosecutions. During the last three years i.e. 2009-10,2010-11 and 2011-12 (upto July 2011) , the Directorate of Enforcement has
Indian Growth Story to Remain Largely Intact
03 September 2011 at 11:37The uncertainty in the global markets due to recent developments in United States of America (USA) and Euorzone have had some impact on capital markets in India. The economy, however, is basically domestic demand driven, as about 85 per cent of it
Legislation for Protection of Interest of Depositors
03 September 2011 at 11:36The Reserve Bank of India (RBI) Act, 1934 provides adequate protection to small depositors in financial institutions. The interest of Depositors in financial establishments can be broadly divided into two segments (a) companies registered as Non-Ba
Popular News
- MCA Releases Corporate Mitra Scheme Guidelines 2026
- GSTN Revises Amendment of Aggregate Annual Turnover (AATO) Amendment Timeline for FY 2025-26
- CBDT Condones Delay in Filing Form 10AB for 80G Approval Applications Till 31st March 2026
- ICAI Strengthens AI Push with Sarvam AI Partnership and New AI Certification Course
- CBDT Notifies TDS Exemption on Aircraft Lease Rentals Paid to IFSC Units Under Income Tax Act, 2025
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
