Daily Archives: January 11, 2017

GST #Issue18 -Time to Issue GST Registration Certificate not specified

Time to Issue GST Registration Certificate Section 23 (9) of Revised Model GST Law relating to Registration 9) A certificate of registration shall be issued in the prescribed form, with effective date as may be prescribed. Issue No Time Limit has been specified within which Certificate of Registration will be issued to the person under GST Regime… Read More »

How Asset Prices Interact with Bank Credit and Monetary Policy?

RBI Working Paper* Series No. 1/2017 : How Asset Prices Interact with Bank Credit and Monetary Policy? By Bhupal Singh and Avadhoot R. Nadkarni The Reserve Bank of India placed on its website today a Working Paper titled “How Asset Prices interact with Bank Credit and Monetary Policy? Evidence from Emerging Market and Developing Economies“.… Read More »

Category: RBI

ARN – Application Reference Number under GST -FAQ’s

ARN – Application Reference Number What is ARN? ARN is the Application Reference Number generated after the submission of the enrolment application with E-Sign or Digital Signature (DSC). It is a unique number assigned to each transaction completed at the GST System Portal. Note the ARN can be used for future correspondence with GSTN. What… Read More »

Centres for CS Exam 2017

REGIONWISE LIST OF EXAMINATION CENTRES – CS EXAMINATIONS JUNE, 2017 EAST NORTH SOUTH WEST 1. BHUBANESWAR 1. AGRA 1. BANGALORE 1. AHMEDABAD 2. DHANBAD 2. AJMER 2. BELGAUM 2. AHMEDNAGAR 3. GUWAHATI 3. ALIGARH 3. CALICUT 3. AKOLA 4. HOOGHLY 4. ALLAHABAD 4. CHENNAI 4. AMRAVATI 5. HOWRAH 5. ALWAR 5. COIMBATORE 5. AURANGABAD 6.… Read More »

NBFCs -All you wanted to know-FAQ’s

All you wanted to know about NBFCs (Updated as on January 10, 2017) A. Definitions 1. What is a Non-Banking Financial Company (NBFC)? A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or… Read More »

Exposure Draft of Ind AS XBRL Taxonomy

Exposure Draft of Ind AS XBRL Taxonomy As per the roadmap issued by the Ministry of Corporate Affairs (MCA) in February 2015, certain class of companies have to prepare their financial statements as per Indian Accounting Standards (Ind AS) which are converged with International Financial Reporting Standards (IFRS) w.e.f F.Y. 2016-17. MCA has also notified… Read More »

Railway- Non-Fare Revenue Policy and Ticketing Through Digital Transactions

Initiatives to Increase Non-Fare Revenue and To Promote Ease of Ticketing Through Digital Transactions Launched Minister of Railways Shri Suresh Prabhakar Prabhu inaugurated the following policy initiatives viz.,  Policy Initiatives of Increasing Non Fare Revenue like Out of Home Advertisement,  Content on demand,      Branding of Trains,      Non-fare Revenue Policy,      ATM Policy and  Initiatives promoting ease… Read More »