CAclubindia News

Company Law Settlement Scheme, 2011 comes into force on 12th August

06 August 2011 at 10:40

Company Law Settlement Scheme,2011 comes into force on 12th August General Circular No: 59/2011 05.08.2011

Posted in Corporate Law | 3 comments | 11757 Views

RBI's Monetary Policy Stance Aims to Maintain an interest Rate Environment that Moderates Inflation and Anchors Inflationary Expectation

06 August 2011 at 10:10

The Reserve Bank of India (RBI) in its first quarter review of Monetary Policy 2011-12 on July 26, 2011 has raised the repo rate from 7.5 per cent to 8.0 per cent. The reverse repo rate under the liquidity adjustment facility, determined with a sp

Posted in Community & General | 4770 Views

11,69,238 Multiple Pan Cards Detected and Deleted

06 August 2011 at 10:10

No. of PAN CARD Holders: As on 31.3.2009 8,09,21,993 As on 31.3.2010 9,59,26,877 As on 31.3.2011 12,10,45,706

Posted in Income Tax | 6 comments | 10122 Views

Income Tax Department takes Several Punitive and Deterrent Steps to Unearth Unaccounted Money And Curb Tax Evasion

06 August 2011 at 10:10

No data is maintained in the Ministry of Finance regarding black money stashed abroad converted to white and brought back into the country by exploiting the provisions of no tax on dividend and capital gain in India. However, appropriate action as

Posted in Income Tax | 7293 Views

Announcement of KYC Norms

05 August 2011 at 14:34

All the members of Institute of Chartered Accountants of India (ICAI), who are in practice, are hereby informed that the Council has formulated the following Know Your Client Norms (KYC norms) at its 307th Meeting held on 13th July, 2011,

Posted in Community & General | 1 comments | 10491 Views

De-Registration of Inactive Companies

05 August 2011 at 11:06

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that whether Government has enumerated or identified such registered companies which are inactive, dormant and have been in such mode for at

Posted in Corporate Law | 1 comments | 10896 Views

Corporate Identity Number

05 August 2011 at 11:05

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Corporate Identity Number (CIN) is mandatory for all types of companies registered in India and no company can function with out a C

Posted in Corporate Law | 10785 Views

MCA Video Conferencing for AGMs

05 August 2011 at 11:05

The Ministry of Corporate Affairs has recognized participation by shareholders in the Annual General Meetings under the Companies Act, 1956 for all companies through video conference. Vide Circular dated 06.06.2011 issued by the Ministry, it is pr

Posted in Corporate Law | 7725 Views

Appointment of Statutory Auditors

05 August 2011 at 11:05

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the statutory auditors of the companies incorporated under the Companies Act are appointed u/s of the Act. Replying to a written ques

Posted in Corporate Law | 12309 Views