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2008-10-16 14:33:24
RBI CAPS E-PAYMENT CHARGESThe Reserve Bank of India (RBI) has capped fees charged by banks for electronic payment (e-payment) and collection of outstation cheques. The move is aimed at popularising electronic payments and discouraging higher charges levied by banks on customers.In the operational...


AMENDMENT OF SECTION 20 OF THE INDIAN TRUSTS ACT, 1882
2008-10-16 14:26:05
Amendment to Section 20 of the Indian Trusts Act, 1882 (2 of 1882) which relates to investment of trust money has been approved by the Cabinet today. A Bill will be introduced in the ensuing Session of Parliament.  In accordance with this section, where the trust property consists of money and...


EFFECT OF NON-REGISTRATION OF PARTNERSHIP FIRM
2008-10-16 13:11:43
This paper attempts to study the impact of non registration of firms i.e., partnership firms. The whole idea of the paper is that all others who are transacting with the firm must be aware of the constitution of the firm and thus the documents which are available with the registrar of companies are...


RBI ADVISED BANKS TO DISBURSE AND RESTRUCTURE LOAN OF SMES
2008-10-15 21:16:01
*Date: *Oct 13, 2008 * Disbursal of loans against sanctioned limits/Restructuring of dues of SMEs *RBI/2008-09/ 219DBOD.No.BP.BC. 58 /21.04.048/2008- 09October 13, 2008 All Scheduled Commercial Banks(Except RRBs and LABs) Dear Sirs, *(i) Disbursal of loans against sanctioned limits (ii)...


SERVICE TAX FORMS IN EXCEL WORD
2008-10-15 03:35:32
SERVICE TAX FORMS DescriptionExcel/WordHTMLPDFService Tax Payment ChallanGAR 7 Challan GAR 7 Challan (Front Reverse)Application for RegistrationFORM ST- 1FORM ST- 1 Certificate of RegistrationFORM ST- 2FORM ST- 2 Service Tax ReturnFORM ST- 3 (Revised)FORM ST- 3 (Revised)FORM ST- 3...


STANDERED FORMAT OF SOME LEASE DEED, AGREEMENTS, WILL, DEEDS ETC
2008-10-14 12:54:38
WILL FORMAT Will by disabled person in favour of wife & Daughter Revocation of Will Simple will giving property to wife Will for religious and charity Simple Will Cmplicated Will LEASE DEED FORMATS Lease of House on Monthly Tenancy Lease Deed of Land AGREEMENT, DEED,...


ICAI HAS STARTED WORKING WITH INVESTIGATING AGENCIES
2008-10-13 22:23:45
NEW DELHI: Accounting regulator ICAI has started working with investigating agencies under the home ministry and the finance ministry to help them track down the flow of unaccounted money in the economy. The idea is to share with agencies like the Central Bureau of Investigation (CBI) and the...


FORMAT OF PARTNERSHIP DEED AND FORMS
2008-10-12 14:16:11
FORMAT OF PARTNERSHIP DEEDS IN WORD FORMAT:- Deed of Modification in Partnership Model Partnership Deed Admitting New Partner Retirement Deed Dissolution of Partnership Involving Immovable Property Admitting Minor Modifying the Partnership Deed FORMAT OF FORMS REQUIRED FOR...


SEBI TELLS ICAI TO SUGGEST ACCOUNTING RULES FOR IPOS
2008-10-12 13:54:07
Even as the Institute of Chartered Accountants of India (ICAI) is wrapping up its study on the valuation process in initial public offers, capital market regulator SEBI has asked the accounting body to study IPO reforms. Officials in the know say ICAI will suggest ways to make accounting treatment...


GREATEST EVER SALE ON EARTH (HUMOUR)
2008-10-11 00:55:01
SALE ! SALE !! SALE !!! Star attraction ----- All European banks and US banks are on sale due to festive season !! Any interested party can contact the respective Central Banks for buying the distressed banks either at a discount or for free. You can contact FED for purchase of tottering US...


EASY TO LEARN EXCEL FORMULAS AND SHORTCUT KEYS FOR CHARTERED ACCOUNTANTS
2008-10-10 06:58:20



ALPHABETICAL INDEX OF SERVICES TAXABLE UNDER SERVICE TAX
2008-10-07 04:38:29



RBI SET LIMIT FOR TRANSACTION THROUGH MOBILE BANKING
2008-09-22 11:57:36
The Reserve Bank of India has set a limit for maximum transaction per day through mobile phones. A customer can, now, transect Rs 2,500 to a maximum of Rs 5,000 in a day. Customers must have access to a debit or credit card to avail mobile banking. Many Indian leading banks are providing mobile...


Why US Dollar, after a 5-year fall, started appreciating
2008-09-20 00:15:09
From the third quarter of 2008, the dollar, which was sliding against almost all currencies, suddenly found itself on an escalator. Policy mechanics, and not market economics, explains the greenback's rise, says S. GURUMURTHY. Here is a fascinating story. It was the US, in the early 1970s, that...
Read more: Dollar

FEMA- CIRCULAR ON ADVANCE REMITTTANCE FOR IMPORT OF SERVICES
2008-09-18 00:44:59
Date: Sep 08, 2008 Foreign Exchange Management Act, 1999 – Advance Remittances for Import of Services RBI/2008-09/ 158 ,A.P.(DIR Series) Circular No. 15, September 08, 2008 Attention of all Authorized Dealer Category – I (AD Category – I) banks is invited to paragraph 3 of A. P.(DIR...


HOILDING OF MERRILYNCH IN INDIAN COMPANIES TILL 30/06/2008
2008-09-17 23:17:07
Guys in My Last Post I shared the details of Investment of Lehman Brothers in Indian Companies. Now I am providing here the details of Investment of Merill Lynch in Indian Companies as on 30/06/2008. Details of Leman can be found at following...


EXTENSION OF LAST DATE FOR SUBMISSION OF MEF FOR THE YEAR 2008-09
2008-09-15 08:54:32
The last date for submission of application on the website www.meficai. org October, has been extended to 6th2008 and the last date for receipt of duly signed hard copy of declaration (alongwith the acknowledgement of soft submission of application) at the Institute’s Delhi office has been...


EMPANELMENT FOR ISA AUDITORS-ICAI
2008-09-15 07:47:51
Computer Emergency Response Team (CERT-In) recognises D.I.S.A. (ICA) qualification Due to various initiatives taken by the Committee on Information Technology for providing Professional Opportunities to the ISA Qualified members, we are pleased to inform that Computer Emergency Response Team...


BANKS SHOULD DISPLAY INFO ON WEBSITE: RBI
2008-09-15 07:38:58
After advising banks to display information regarding interest rates and service charges on the notice board inside their all the branches, now the central bank has asked them to do the same thing on their website. For the purpose, RBI has also issued a format in which the bank should display the...


List of indian Company that Lehman Brothers hold which might be in jeopardy now
2008-09-15 04:53:42
Dear Friends although this blog doesn't mean to provide info about share market. But I found this info so good that I thought I should share this with you all. When we hear of the news of lehman brother is going to file for bankruptcy the first thing that comes to our mind is the day when bear...
Read more: Brothers , indian , Lehman

Voluntary Filing of MVAT E-returns and continuation of 10days Grace
2008-09-13 03:31:05
Clarification regarding voluntary E-filing of Returns by the dealers is issued by way of Circular which states - * A large number of representations have been received from dealers who are not covered by the Notification for filing of e_Return. These dealers made a request and shown their...
Read more: Filing , Grace , Voluntary

HALF-YEARLY AUDIT RULE PUTS SMALL BROKING COS IN A SPOT
2008-09-12 07:51:59
The decision to make half-yearly internal audits obligatory for stock broking houses spells doom for smaller firms that are already burdened with low-trading turnover, dipping revenues and increased policy levies. According to a section of brokers, half-yearly internal audits will not only be...


COMPANY DISPUTES MAY SOON BE SETTLED OUT OF COURT
2008-09-12 07:49:29
In a bid to check the rise in court cases against corporate houses for company law violations, the government is set to give more powers to its officials to deal with such offenses out of court. The framework proposed in the new company law envisages that company disputes should not be dragged to...


SINGLE ROLE FOR SEBI, RBI
2008-09-12 07:43:37
The country’s most powerful regulators, SEBI and RBI, may soon be left with fewer responsibilities if the government has its way. The finance ministry is thinking of taking away the regulators’ mandate to develop markets so that their regulatory concerns and caution on new products and markets do...


E-filing of Return for some more dealers under Maharashtra VAT
2008-09-09 23:30:03
E-filing of Return s for the following class of Dealers made compulsory - * the registered dealers whose tax liability during the previous year had exceeded Rs. one lakh, shall in respect of the period starting on or after 1st July 2008; * the registered dealers whose entitlement for refund during...
Read more: Maharashtra

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