A uniform goods and services tax (GST) structure would help resolve most of the tax problems faced by the MSME sector, a survey said. “Introduction of a unified goods and services tax system would resolve most of the tax related challenges the ..
Audit firms in India are facing the threat of losing their business with around 200 Indian companies listed in various European bourses due to the new transparency requirements for auditors in the European Union (EU). The strict norms governing adver ..
Quarterly cost audit by internal auditors in the listed companies should be explored in consultation with the market regulator SEBI to improve corporate governance, an expert group appointed by Corporate Affairs Ministry has suggested. "The pos ..
The Central Board of Excise and Customs (CBEC) in the Ministry of Finance, has launched automation of Central Excise and Service Tax (ACES) in Hyderabad Zone recently. It is part of the national roll-out of the automation of ACES. It is a Mission Mod ..
The Reserve Bank of India (RBI) has sought exemption for bank mergers and acquisition (M&As) from the Competition Act of 2002. In a note sent to the Ministry of Finance, the RBI has stated that the exemption should be granted following the urgenc ..
Shedding earlier reservations over some aspects of the controversial new FDI guidelines, the Finance Ministry now says it does not have any objection to new rules that changed the criteria for calculation of foreign ownership in a company and its dow ..
The Insurance Regulatory and Development Authority (Irda) is in the process of setting up database of all vehicles, which are insured. In this context, Irda has released a draft on design and development of Vehicle Insurance Status SMS System (VISSS) ..
We are a publishing house. We have entered into an agreement with a UK-based company for providing online access of our books to our specified customers. The said company converts the books into digital format and uploads it on a server located outsi ..
The Reserve Bank of India (RBI) has requested all Registrars of Co-operative Societies (RCSs) to restrict individual shareholding in an urban co-operative bank (UCB) to 5 per cent of the total paid-up share capital. In its meeting with the registrars ..
The State Information Commissioner, Mr P.N. Vijayakumar, has said that there is nothing new about the declaration of assets by judicial officers and the present controversy is over whether the same is to be made public under the Right to Information ..