Daily Archives: December 1, 2015

Sovereign Gold Bonds 2015-16 receives Rs 246 crore

First Tranche of Sovereign Gold Bonds 2015-16 receives good response The first tranche of the Sovereign Gold Bond (SGB) was open for subscription from November 5, 2015 to November 20, 2015. The Bonds were issued on November 30, 2015. Total subscription denominated in units of Gold was 9,15,953 grams amounting to ₹ 246 crore. The top… Read More »

Swachhta Udyami Yojana of Govt of India

The Ministry of Social Justice and Empowerment has launched on the Swachhta Udyami Yojana (SUY) on 02nd October 2014. Swachhta Udyami Yojana – “Swachhta Se Sampannta Ki Aur”     (i)                 Scheme for Pay and use Toilets Scheme for Sanitation related vehicles         Eligibility   (ii)               Individual beneficiaries and their dependants /… Read More »

UTS cum PRS counter at railway stations for refund of PRS tickets

Ministry of Railways decides to enable one of the UTS Counter into UTS cum PRS counter at stations only for refund of PRS tickets purchased from counters (PRS counter ticket) These instructions shall be implemented w.e.f. today i.e. 01.12.2015. In yet another passenger friendly measure, Ministry of Railways have now decided that one of the… Read More »

Security Arrangements of Jails in India

As per press release by Ministry of Home Affairs of Govt of India on 01-December, 2015 Review of Security Arrangements of Jails “Prisons” is a State subject as per Entry 4 of List II of the Seventh Schedule to the Constitution of India. Therefore, the administration and management of prisons is primarily the responsibility of the… Read More »

Foreign Funds to Educational Institutions

As per press release by Ministry of Home Affairs of Govt of India on 01-December, 2015 Foreign Funds to Educational Institutions As per Foreign Contribution (Regulation) Act, 2010, no person having a definite cultural, economic, educational, religious or social programme shall accept foreign contribution without obtaining certificate of registration or prior permission from the Central Government.… Read More »

National Policy on Capital Goods

As per Press release by Ministry of Heavy Industries & Public Enterprises of Govt of India on 01-December, 2015 A draft base paper on National Policy on Capital Goods was prepared by the Department of Heavy Industry (DHI)- Confederation of Indian Industry (CII) Joint Task Force on Capital Goods and Engineering. This draft paper containing… Read More »

New Functionalities released under National Pension System (NPS)

Press release by Ministry of Finance Govt of India  on 01-December, 2015 New Functionalities released under National Pension System (NPS) Pension Fund Regulatory and Development Authority (PFRDA) has been established by the Government of India for regulation and development of Pension Sector in order to protect the old age income security of subscribers. PFRDA takes various initiatives… Read More »

Ceiling Prices fixed for 530 Medicines

Press release by Ministry of Chemicals and Fertilizers of Govt of India on 01-December, 2015 Pursuant to the announcement of National Pharmaceutical Pricing Policy, 2012, the Government has notified Drugs (Prices Control) Order, 2013 (DPCO, 2013) on 15/05/2013.  All the medicines specified in the national List of Essential Medicines 2011 (NLEM) have been included in… Read More »

Step taken by the Government for Welfare of Farmers

Press release by Ministry of Agriculture of Govt of India on 01-December, 2015 The Department of Agriculture and Cooperation and the Ministry of Agriculture have been renamed as the Department of Agriculture, Cooperation and Farmers Welfare (DAC&FW) and the Ministry of Agriculture and Farmers Welfare respectively. With a view to focus on the issues of… Read More »

Schemes of Arrangement by Listed Entities

As per the Circular No CIR/CFD/CMD/16/2015 Dated 30.11.2015 issued by Securities and Exchange Board of India To All Listed Entities who have listed their equity and convertibles All the Recognized Stock Exchanges Dear Sir/Madam, Sub: Schemes of Arrangement by Listed Entities and (ii) Relaxation under Sub-rule (7) of rule 19 of the Securities Contracts (Regulation)… Read More »

Format for Auditor’s Certificate for Schemes of Arrangement by Listed Entities

As per the Circular No CIR/CFD/CMD/16/2015 Dated 30.11.2015 issued by Securities and Exchange Board of India Format for Auditor’s Certificate To, The Board of Directors, …………………………………………………………….(Name and address of the Company) We, the statutory auditors of ……………………………. (name of the listed entity),(hereinafter referred to as “the Company”), have examined the proposed accounting treatment specified in… Read More »

Auditor’s Report Format on Quarterly Financial Results (for Banks)

As per enclosed Circular No CIR/CFD/CMD/15/2015 Dated 30.11.2015 issued by of Securities and Exchange Board of India When an Unmodified Opinion is Expressed on the Quarterly Financial Results (for Banks) Auditor’s Report On Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,… Read More »

Format of Auditor’s Report On Quarterly Financial Results when an Unmodified Opinion is expressed

As per enclosed Circular No CIR/CFD/CMD/15/2015 Dated 30.11.2015 issued by of Securities and Exchange Board of India When an Unmodified Opinion is expressed on the Quarterly financial results (for companies other than banks) Auditor’s Report On Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and… Read More »

Format for CA’s for the Limited Review Report (for Banks)

As per enclosed Circular No CIR/CFD/CMD/15/2015 Dated 30.11.2015 issued by of Securities and Exchange Board of India Format for the Limited Review Report (for Banks) Review Report to ……………………. We have reviewed the accompanying statement of unaudited financial results of ____ (Name of the Company) for the period ended ____. This statement is the responsibility of the Company’s… Read More »

Format for CA’s for Limited Review Report for companies

As per enclosed Circular No CIR/CFD/CMD/15/2015 Dated 30.11.2015 issued by of Securities and Exchange Board of India Format for the Limited Review Report for companies (other than banks) Review Report to ……………………. We have reviewed the accompanying statement of unaudited financial results of …………………………….. (Name of the Company) for the period ended…………. This statement is the responsibility of… Read More »