Daily Archives: December 1, 2015

Swachhta Udyami Yojana of Govt of India

By | December 1, 2015

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 »

Security Arrangements of Jails in India

By | December 1, 2015

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

By | December 1, 2015

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 »

New Functionalities released under National Pension System (NPS)

By | December 1, 2015

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

By | December 1, 2015

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

By | December 1, 2015

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

By | December 1, 2015

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

By | December 1, 2015

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)

By | December 1, 2015

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

By | December 1, 2015

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)

By | December 1, 2015

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

By | December 1, 2015

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 »

RBI issued revised framework for External Commercial Borrowings

By | December 1, 2015

RBI/2015-16/255 A.P. (DIR Series) Circular No.32 November 30, 2015 To, All Authorised Dealer Category – I Banks Madam/ Sir External Commercial Borrowings (ECB) Policy – Revised framework Attention of Authorised Dealer Category – I (AD Cat I) banks is invited to A.P. (DIR Series) Circular No. 5 dated August 1, 2005 containing the basic framework… Read More »