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Latest News

CUSTOMS

Cut coal import duty to boost plants: Power min 18/05/2013

Misc. Corporate Laws & Other Commercial Policies

HOUSE PANEL FOR ONE REGULATOR TO MONITOR CHIT FUND SCHEMES 18/05/2013

'Comprehensive Act needed for telecom' 18/05/2013

France-based Auchan’s hybrid model for retail shot down by DIPP 18/05/2013

01 | Direct Tax

17/05/2013
Money laundering issue: Mauritius' tax info exchange pact with India ready

16/05/2013
Transfer price notices receive AG’s approval

14/05/2013
NRI status a must to invoke transfer pricing, says ITAT

13/05/2013
WNS gets Rs 557-cr tax notice

13/05/2013
Taking the tedium out of TDS

02 | Indirect Tax

18/05/2013
Cut coal import duty to boost plants: Power min

16/05/2013
No cheer for FM; April indirect tax mop up rises only 3.3%

16/05/2013
FinMin notifies scheme to encourage service tax payment

14/05/2013
Excise duty collections dips 14% in April

11/05/2013
GST regime to exempt at least 96 items from tax

03 | Corporate and Miscellaneous Laws

18/05/2013
France-based Auchan’s hybrid model for retail shot down by DIPP

18/05/2013
HOUSE PANEL FOR ONE REGULATOR TO MONITOR CHIT FUND SCHEMES

18/05/2013
'Comprehensive Act needed for telecom'

17/05/2013
Govt to regulate rates of 652 medicines; prices set to fall

17/05/2013
Manmohan Singh bats for new law to deal with PPP project disputes

04 | Finance and Money Market

18/05/2013
NSE set to offer more products for derivatives, awaiting Sebi’s nod

18/05/2013
FOREX-Dollar index hits nearly 3-year high, euro hits 6-week low

18/05/2013
BSE slaps restrictions on 29 scrips for failure to meet norms

17/05/2013
Gold funds may be hit by RBI's curbs on imports for domestic use

17/05/2013
Put & call options in M&A and PE deals to help funds exit

05 | Accounting and Audit Miscellaneous

15/04/2013
Audit committee should be talking to the auditor Article

10/01/2013
Welfare schemes' auditing may start from March-end

11/12/2012
Bill aimed at giving CCI more teeth tabled

19/11/2012
Close watch on audit qualifications

21/09/2012
Government to handle selection of auditors for public sector banks

06 | International Bussiness

18/05/2013
After Google, Amazon to be grilled on UK tax presence

18/05/2013
Unconventional policies in uncertain times Article

18/05/2013
Dell’s profit dives as takeover battle rages

18/05/2013
Europe Car Sales Post First Gain in 19 Months on Germany

18/05/2013
Apple seen losing its innovation magic by 71% in global poll

07 | Economy

18/05/2013
S&P maintains negative outlook on India rating

18/05/2013
China, India to be largest investors among developing nations by 2030: World Bank

18/05/2013
Unconventional policies in uncertain times Article

18/05/2013
Central banks saved world economy, now beware the fallout - IMF

18/05/2013
U.S. Fed hawks call for retreat from mortgage stimulus

08 | Coporate Watch

18/05/2013
ONGC mulling sale of stakes of some deep-water blocks to Shell

18/05/2013
Chinese firm ZTE to sell mobile handsets directly in India

18/05/2013
World Bank nod for $100-million loan to NHB

18/05/2013
Walmart lobbying case 'closed'

18/05/2013
ITC posts Rs 1,928-cr standalone profit in Q4

09 | SME NEWS

29/12/2012
NASSCOM, SIDBI ink partnership for MSME development

16/10/2012
AP's SME initiative fails to gain momentum

11/04/2012
Lack of interest marks start of SME segment at BSE

24/01/2012
Only 5.2% of SMEs in rubber products sector to invest in computers

22/12/2011
Lok Sabha approves factoring bill to help MSME sector

10 | Banking NEWS

18/05/2013
There is enough growth in the economy’ for entry of more banks

17/05/2013
ICICI, HDFC Bank instruct staff to go slow on sales of insurance products

16/05/2013
NPA agony: PSU banks continue to face loan restructuring requests

14/05/2013
PSU banks director nominees may face intelligence bureau scrutiny

09/05/2013
Securitisation to turn costlier for banks with new distribution tax

11 | Life Insurance NEWS

30/04/2013
Life insurers' new premiums fall 6.3% in FY13

24/04/2013
Life insurance policies on a decline in last 3 years: Govt

20/02/2013
Life insurance agents can sell plans of pure health insurers

09/01/2013
LIC to Have Long Life in Insurance

27/12/2012
Life insurance premium income down 1.5% in 2011-12

12 | General-Insurance NEWS

25/03/2013
Insurance fund likely to cover refiners using Iranian crude oil

07/01/2013
'General insurance industry likely to grow 20% annually'

11/12/2012
Higher FDI cap and not FIIs will end woes, says insurers

23/10/2012
Govt mulls policy to increase rural insurance penetration

04/10/2012
IRDA prepares 8 ready-to-launch plans for insurers

13 | Health-Insurance NEWS

15/05/2013
Health insurance premiums likely to turn dearer

14/02/2013
Health insurance firms must settle claims directly with policyholders, rules court

15/01/2013
One size fits all

10/10/2012
No exit age in health covers to increase insurers' loss ratio

08/10/2012
IRDA working to improve health insurance service

14 | Pension/Provident NEWS

16/05/2013
Govt ratifies 8.5% interest on PF deposits for 2012-13

09/05/2013
EPFO open to investing in ETF of public sector units

08/05/2013
Axis Bank gets National Pension System trustee bank mandate

20/04/2013
Clubbing allowances with basic pay for PF deduction on cards

07/03/2013
EPFO may rope in World Bank to gauge EPS deficit, take corrective measures

Bills
Notification
Circulars

From Chairman Desk March, 2013

Chairman, Professional Development Committee

Dear Friends,
Now, let me update you on some major developments pertaining to our Committee during the last month ……

Opportunities

Rajasthan State Road Transport Corporation
Last Date : 18/06/2013

Andaman And Nicobar Islands Integrated Development Corporation Limited
Last Date : 12/06/2013

Punjab National Bank
Last Date : 10/06/2013

Forum

Archive | UnAnswered Queries

16/05/2013
TDS Us 194-I A

16/05/2013
Payment to Non residentTDS

16/05/2013
ODI under FEMA for Derivative transaction

16/05/2013
Audit Report of Polytechnical College

16/05/2013
TDS on Society FDR

16/05/2013
Authorised capital

16/05/2013
Additional Depreciation on Plant and Machinery as

16/05/2013
Depreciation Rate as per Companies Act

16/05/2013
mechandising fees

15/05/2013
Recognition of Foreign Exchange Difference on Adva

What's new

From Chairman, PDC desk

Compliance Under Service Tax – 2012-13 – Bank Audit

Statutory audit of public sector and private/ foreign banks simultaneously

MCA Circular No - 56/2011

MCA Circular on XBRL

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