Foreign investment in Credit Information Companies:1. To comply with the Credit Information Companies (Regulations) Act 2005 and 2. subject to the following :i)...
Tuesday, April 29, 2008
Saturday, April 26, 2008
"shareholder having trading rights" under SCRR (MIMPSRSE), 2006
Yes, Sebi vide http://thisisvj.googlepages.com/SebiCircular.pdf
The term “shareholder having trading rights” under Securities Contracts(Regulation) (Manner of Increasing and Maintaining Public Shareholding in RecognisedStock Exchanges) Regulations, 2006 would mean a shareholder who has a trading interest in the stock exchange, whether directly or indirectly through a person having trading rights.
Explanation:
A shareholder having a trading interest “indirectly” in relation to a person having trading rights, would be understood in the same manner as the term “associate” is in relation to a shareholder having trading rights under regulation 2(1)(b) of the Securities Contracts (Regulation) (Manner of Increasing and Maintaining Public Shareholding in Recognised Stock Exchanges) Regulations, 2006.
Tuesday, April 22, 2008
CS Final HRM Planning & Procurement - Understanding
CS Final HRM Planning & Procurement - Understanding
8:51 AM / 1 Comments
III. HR PLANNING & PROCUREMENTYes, the very simple & interesting chapter, just make mind maps, this way, so that you understand better the...
Friday, April 18, 2008
Dividend/IEPF timeline, charts & concepts - Article in CS Mysore E-Newsletter
Dividend/IEPF timeline, charts & concepts - Article in CS Mysore E-Newsletter
7:25 PM / 0 Comments
Yes,CS Mysore 51st E-Newsletter has honoured me by publishing my article under the head "Spectrum Space" which talks about the Secretarial Practice to...
Monday, April 14, 2008
Pay tax electronically, if your 4th Digit of PAN is "C" & Taxpayers know your Rights
Yes,
As CBDT mandated electronic payment of tax by Company & a person (other than a company), to whom provisions of Section 44AB are applicable [hereinafter collectively referred as "Taxpayers"], w.e.f. 1.4.2008, RBI has notified RBI/2007-08/280 DGBA.GAD. No. H. 10875 / 42.01.038/ 2007-08, by which, the banks shall not accept physical challans from such assessees across the counter.
You are a Corporate Assessee, so your 4th digit in the PAN is "C" and yes, pay tax only through electronic payment facility. The responsibility of making e- payment rests primarily with the taxpayer. Hence, the word of taxpayers should be taken as final.
Taxpayers, know your rights,
1. the acknowledgement for e-payment should be made available immediately on screen by the bank concerned. [check out your immediate acknowledgement]
2. the transaction id of e-payment should be reflected in the bank's statement. [check your bank statement for Transaction-Id]
3. each bank should prominently display on its e-payment gateway page, the official /s to be contacted in case the taxpayer faces any difficulty in making the payment, completing the e-transaction, generating the counterfoil etc. [feel free to contact the banking official for doubts]
4. also, banks are mandated to give the Income Tax Department and NSDL, a list of officials with contact particulars, to be contacted if required for any problems faced by ITD or taxpayers. [find out the name & contact details of your official from the list]
Keep payin electronically...Vj
Tuesday, April 8, 2008
SEBI amends Clause 49
SEBI amends Clause 49
5:29 PM / 0 Comments
SEBI amends Clause 49Loophole left in the Clause 49 was plugged...1) Companies are complying with Clause 49 of the listing Agreement only in...
Monday, April 7, 2008
Company Secretary (CS) Study Videos on Directors appointed by Board u/s. 260, 262 & 313 of Companies Act, 1956
Yet another effort, a try to make CS (Company Secretary) study very interestin...Now its video venture....Yes...its "See Yes E-C(ast)".... Here, three videos on...
Saturday, April 5, 2008
SEBI Revision in Fees&changes in Depositories&Participants Regulations&Cos(AS) amendment rules,2008
Securities And Exchange Board of India (Payment of Fees) (Amendment) Regulations, 2008 dated 31/03/2008 which is applicable with effect from 1st April 2008.Yes....SEBI...
Thursday, April 3, 2008
NSE Listing Fees & Clause 35 amendments
NSE Listing Fees & Clause 35 amendments
2:42 PM / 0 Comments
Credits to Mr. Ashwin...for this detailed presentation... Listing fees as the name implies is the fees to be paid by the companies to...
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