| SEBI bars unregistered ICICI sub-broker from dealing in the capital market Posted: 23 Apr 2011 09:01 PM PDT Market regulator SEBI barred one Reena Bansal from dealing in the capital market and accused her of violating norms by acting as an unregistered sub-broker."...restrain Reena Bansal from buying, selling or dealing in the securities market in any... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Sebi to frame rules for art funds, antique investments to curb blackmoney in these Posted: 23 Apr 2011 08:20 PM PDT The Securities and Exchange Board of India (Sebi) may soon frame a stringent set of rules for funds investing in art works, antiques, coins and stamps, with an aim to check black money flow into these products and safeguard the interest of genuine... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| RBI fixes limit for Ways and Means Advances (WMA) for the financial year 2011-1 Posted: 23 Apr 2011 08:08 PM PDT he Reserve Bank of India has been decided with the Government that the Ways and Means Advance limits will changed and interest rate will also changed. It has been decided in consultation with the Government of India that the limits for Ways and... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| 57 Indian companies figure in Forbes Global 2000 list of public companies Posted: 23 Apr 2011 08:03 PM PDT As many as 57 Indian companies including Reliance Industries , State Bank of India and Oil & Natural Gas Corp. figure in The Forbes Global 2000 list of public companies based on their rankings for sales, profits, assets and market value.... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Black money in Swiss banks – Finance Ministry admits it has no authentic figure Posted: 23 Apr 2011 07:44 PM PDT Many NGOs and whistleblowers have complained to authorities that Indian money worth several thousands crore was illegally routed to many tax havens and urged government to take strict measures to put a bar on it. Finance Ministry admits it has "no... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Govt may allow 100 per cent foreign direct investment in sea plane operations Posted: 23 Apr 2011 07:38 PM PDT Government is planning 100 per cent foreign direct investment in sea plane operations as there is scope of phenomenal growth of sea plane, general aviation and helicopter travel. With India having a long coast line, there is a need for concerted... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| XBRL India invites expert on XBRL Posted: 23 Apr 2011 07:24 PM PDT In the recent times, XBRL has emerged as a novel way of electronic communication of financial and business data which is revolutionizing business reporting around the world. Considering the benefits attached with implementing XBRL in the... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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| Clarification Regarding service of documents by e-mode instead of Under Posting Certificate – MCA permits service of documents through e-mail Posted: 23 Apr 2011 07:09 PM PDT Circular No. 17/2011 Ministry of Corporate Affairs has taken a "Green Initiative in the Corporate Governance" by allowing paperless compliances by the Companies after considering sections 2, 4, 5, and 81 of the Information Technology Act, 2000 for... [[ This is a content summary only. Visit www.taxguru.in for full article ]] 
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