LEGAL & FINANCIAL UPDATES 05.05.2009

UPDATES FROM TAX GURU

New Pension System : A study in question answer mode

Posted: 04 May 2009 06:49 PM PDT

What is the New Pension System (NPS)?  It is a system where individuals fund, during their work life, their financial security for old age when they no longer work. All those who join up would get a...

Bank of Baroda's (BoB) New York branch account was used to cook up Satyam balance sheet: SFIO

Posted: 04 May 2009 06:20 PM PDT


The Serious Fraud Investigation Office (SFIO) investigating into the multi-thousand crore Satyam scam has found that the IT company's Bank of Baroda's (BoB) New York branch account was...

Income Tax Department unearth penny stock scam worth 10000 cr?

Posted: 03 May 2009 09:31 PM PDT

The income tax (I-T) department has detected a racket of money laundering through the secondary market, the first estimates of which show a whopping Rs 10,000 crore at stake at the national...

 
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UPDATES FROM TAX GURU 03.05.2009

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Media cannot be restrained from reporting confidential information of a company

Posted: 02 May 2009 09:58 AM PDT


The Delhi High Court has held that the media cannot be restrained from reporting confidential information of a company pertaining to its up coming projects and dealings with other...

The government may exempt partnership firms and limited companies from paying stamp duty

Posted: 02 May 2009 09:55 AM PDT


The government may exempt partnership firms and limited companies from paying stamp duty while converting into limited liability partnerships (LLPs), a way of doing business that is favoured...

Sebi may ask small companies to pay a lumpsum fee for listing

Posted: 02 May 2009 09:53 AM PDT


The Securities and Exchange Board of India (Sebi) may have finally found the solution to deal with companies defaulting on payment of listing fees. The market regulator is considering a proposal,...

The government plans to bring out yet another clarification to exclude banks from the purview of its revised foreign investment norms

Posted: 02 May 2009 09:42 AM PDT


The government plans to bring out yet another clarification to exclude banks from the purview of its revised foreign investment norms, as it looks to prevent a clutch of Indian private banks from...

Wipro develops software that switches off computer automatically

Posted: 02 May 2009 09:34 AM PDT


Don't get annoyed if your destop throws a question at you: "At what time can I retire for the day? Some 56,000 desktops in Wipro have been asking this question for a couple of months daily at around...



With Regards,
Sandeep Kanoi
My Website: http://www.taxguru.in/
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LEGAL & FINANCIAL UPDATES 02.05.2009

LEGAL & FINANCIAL UPDATES FROM TAX GURU

Exclusively Structured Campus Placement Programme for Small and Medium Chartered Accountancy Firms

Posted: 01 May 2009 09:20 AM PDT


The Institute of Chartered Accountants of India (ICAI) is pleased to welcome Small and Medium Chartered Accountancy Firms to the forthcoming Campus Placement Programme, Exclusively Structured for...

No change in Examination schedule of Examinations to be held from 1st June to 15th June, 2009: ICAI

Posted: 01 May 2009 08:35 AM PDT


The Examination Department has been receiving enquiries from various candidates/parents/members regarding change in the schedule of holding the Professional Education-II, Professional Competence...

Convocation for the newly enrolled Members for the period from September, 2008 to February, 2009

Posted: 01 May 2009 08:31 AM PDT


The Convocation for the newly enrolled Members for the period from September, 2008 to February, 2009 will be held as per schedule given below with a view to inculcates a sense of belongingness and...

Revised guidelines for network amongst the firms registered with the Institute of Chartered Accountants of India

Posted: 01 May 2009 08:19 AM PDT


1. These Guidelines are called Guidelines for Network amongst the firms Registered with The Institute of Chartered Accountants of India.  2. Definition.  (i) Network -  "Network amongst two or more....

 
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