finance

INSURANCE POLICIES AND YOUR QUERY

By admin at 20 September, 2009, 9:30 am

Will my returns go up after Irda’s cap on Ulip charges comes into effect? There are certain products, which already follow these guidelines on charges, and certain others, which do not follow them. It differs from product to product. Companies not following these guidelines for their products would have to lower the charges suitably. The capping of Ulip charges would offer better value to customers. The [...]

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Key Benefits of Life Insurance

By admin at 19 September, 2009, 9:16 am

Need for Life Insurance Today, there is no shortage of investment options for a person to choose from. Modern day investments include gold, property, fixed income instruments, mutual funds and of course, life insurance. Given the plethora of choices, it becomes imperative to make the right choice when investing your hard-earned money. Life insurance is a unique investment that helps you to meet your dual needs - [...]

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Acquisition/Transfer of NBFC accepting deposit :RBI approval required

By admin at 19 September, 2009, 8:35 am

Circular No. DNBS (PD) CC.No. 160/03.10.001/2009-10, dated 17-9-2009 Under Section 45 IA (4)(c) of the RBI Act, 1934, a certificate of Registration can only be given to a company if the Bank is satisfied, inter alia, that the general character of the management or the proposed management of the non-banking financial company shall not be prejudicial to the public interest or the interests of its depositors. 2. [...]

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LLP(LIMITED LIABILITY PARTNERSHIP)PPT

By admin at 18 September, 2009, 1:18 am

check waht is LLP,what its benefit and what are the major differences between LLP and Partnership/companies by CA VED JaiN [...]

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Systems Audit of Mutual Funds

By admin at 17 September, 2009, 10:49 pm

Circular No. SEBI/IMD/CIR No. 8/176988/2009, dated 16-9-2009 Considering the importance of systems audit in the technology driven asset management activity, it has been decided that mutual funds shall have a systems audit conducted by an independent CISA/CISM qualified or equivalent auditor. The systems audit should be comprehensive encompassing audit of systems and processes inter alia related to examination [...]

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STIMULUS ENDS IN 2010, TAXES WILL GO UP

By admin at 17 September, 2009, 10:46 pm

The finance ministry has told the Thirteenth Finance Commission that given its expectations of a recovery in January-March 2010, it will withdraw the fiscal stimulus by increasing the tax rates next year. In its two-page note to the Vijay Kelkar-chaired TFC - set up last November to recommend how Central taxes will be shared with states over the next five years - finance minister Pranab Mukherjee has stuck to his p [...]

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Check list of Copyright application/applicant

By admin at 15 September, 2009, 4:40 pm

Check List For the Applicant The application is enclosed with prescribed fee by postal order or Demand Draft in favor of ‘Registrar of Copyrights’ payable at New Delhi. The application (Form IV) including the Statement of Particulars (SoP) and the Statement of Further Particulars (SoFP) should be signed by the applicant only or the advocate in whose favor a Vakalatnama or [...]

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