| PAN card mandatory for all policies where annual premium is more than Rs 1 lakh
The Insurance Regulatory and Development Authority has made PAN card mandatory for all policies where annual premium is more than Rs 1 lakh. It has issued a circular to all life insurance companies in this regard, said a life insurance council... |
| Chartered accountant found murdered at the Delhi University's North Campus
A chartered accountant working for Himanshu Sabharwal, son of Ujjain Professor H.S. Sabharwal who died after a fracas between students on the campus three years ago, was found stabbed to death under mysterious circumstances at the Delhi ...  |
| Government decided to make it compulsory to quote Unique Transaction Number (UTN) in the Income-tax return forms
Press Information Bureau , Government of India The Government has decided to make it compulsory to quote Unique Transaction Number (UTN) in the Income-tax return forms to be filed by all the assessees to whom such number has been allocated by the... |
| Government proposes to set up a Centralised Processing Centre (CPC) at Bengaluru
The Government proposes to set up a Centralised Processing Centre (CPC) during 2009-10 only at Bengaluru, for processing of all Income-tax returns received in the State of Karnataka and for processing of all e-returns received in the country. It... |
| Effective tax rate for IT Companies will go up once exemption for STPI comes to end
IT firms such as TCS, Infosys and Wipro expect their effective tax rates to go up in the coming years as more of their delivery units come out of Software Technology Parks of India. This would further impact the net profit of these companies,... |
| Portal to help Indian companies make transition to International Financial Reporting Standards (IFRS) launched
The Nasdaq-listed Corporate Executive Board (CEB), a business advisory platform, has come up with an online resource — IFRSPortal.in — to help Indian companies make a smooth transition to International Financial Reporting Standards (IFRS) at lower... |
| Auditor ask extension to complete Special Audit of Reliance Communication
A special audit of Anil Ambani group firm Reliance Communications will be delayed, as the auditor Parakh & Co has sought an extension for three months from mid-July.The government has, however, asked the auditor for progress report before... |
| To buy online through credit/debit card you need to enter password from 1st August 09
In order to make online transactions Safe & Secure, Reserve Bank of India (RBI) has passed a new mandate with effect from 1st August 2009, wherein online credit card based transactions will include a new verification process. From the 1st of... |
| RBI Circular on Cash Withdrawal at Point-of-Sale
RBI/2009-10/ 105 , DPSS.CO.PD.No. 147/02.14.003/ 2009-10, dated : Jul 22, 2009 Cash Withdrawal at Point-of-Sale (POS) Presently cash withdrawal facility using plastic cards is available only at Automatic Teller Machines (ATMs). As on May 31, 2009,... |
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