RBI/2015-16/440 A.P. (DIR Series) Circular No. 80 June 30, 2016 To All Authorised Dealer Category-I Banks Madam / Sir External Commercial Borrowings (ECB) – Approval Route cases Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraph no. D.15 of Annex to A.P. (DIR Series) Circular No.32 dated November 30, 2015 and paragraph… Read More »
RBI/2015-16/441 A.P. (DIR Series) Circular No. 81 June 30, 2016 To All Authorised Dealer Category-I Banks Madam / Sir, Settlement System under Asian Clearing Union (ACU) Attention of Authorised Dealer Category-I Banks is invited to the A.P. (DIR Series) Circular No. 43 dated December 26, 2008, giving participants in ACU mechanism the option to settle… Read More »
RBI/2015-16/442 FIDD.No.FSD.BC.28/05.10.007/2015-16 June 30, 2016 The Chairman/Managing Director/Chief Executive Officer All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam / Sir, Performance Audit of Crop Insurance Schemes The Comptroller and Auditor General is conducting a performance audit of agricultural crop insurance schemes to examine the efficacy of crop insurance in providing succour to farmers who… Read More »
RBI/2015-16/443 DCM (Plg) No.G-12/4297/10.27.00/2015-16 June 30, 2016 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks Primary (Urban) Co-operative Banks / RRBs /State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Pre-2005 series of Banknotes – Revision of exchange facility Please refer to our circular DCM (Plg) No.G-8/2331/10.27.00/2015-16… Read More »
Source : ICAI FAQ on deemed cost of Property, Plant and Equipment under Ind AS 101, First-time Adoption of Indian Accounting Standards* Issue: Ind AS 101 provides that the net carrying amounts of all of its Property, Plant and Equipment as per previous GAAP can be used as deemed cost on the date of transition… Read More »
Contribute by Writing Papers for the National Conference for Women CAs on 27th & 28th August, 2016 in Pune. Last Date for Submission: 15th July, 2016. – (29-06-2016)
Whether holding company is required to consolidate its subsidiary which is LLP (Limited Liability Partnership) or a partnership firm? Will the answer differ if LLP is an associate or Joint Venture (JV) of the holding company? Response In accordance with rule 6 of Companies (Accounts) Rules, 2014, consolidation should be done in accordance with Schedule… Read More »
Institute of Chartered Accountants of India Group to consider the issue as to whether there can be 100% FDI in LLP for Book-keeping and Accounting Services – (27-06-2016) 25th June, 2016 ALL MEMBERS OF THE COUNCIL Madam/Dear Sir, The Council at its 354th meeting held on 25th May, 2016, vide Item No.7, decided to constitute… Read More »
GOVERNMENT OF PUNJAB DEPARTMENT OF EXCISE ANDD TAXATION ORDER Subject: Appointment of Nodal Officers for assistance in e-filing of Returns
VALUE ADDED TAX HARYANA Effective Date: 01st June, 2016 A system of Single ID has been implemented w.e.f. 01.06.2016 for the purpose of login by the dealers who are registered under following Acts i.e. he can switch the Act(s) from his dashboard if he intends to access another Act under which he is registered. The… Read More »