Day: October 24, 2017

Reserve Bank of India imposes monetary penalty on Yes Bank Limited

The Reserve Bank of India (RBI) has imposed on October 23, 2017, a monetary penalty of ₹ 60 million on Yes Bank Limited (the bank) for non-compliance with the directions issued by RBI on Income Recognition Asset Classification (IRAC) norms and delayed reporting of information security incident involving ATMs of the bank. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account failure of the bank to adhere to certain directions issued by RBI. This action is based...

Read More

Reserve Bank of India imposes monetary penalty on IDFC Bank Limited

The Reserve Bank of India (RBI) has imposed on October 23, 2017, a monetary penalty of ₹ 20 million on IDFC Bank Limited (the bank) for contravention of regulatory restrictions pertaining to loans and advances. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account failure of the bank to adhere to certain directions issued by RBI. This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction...

Read More

Cell for IPR Promotion and Management (CIPAM)

A professional body under the aegis of (DIPP) which ensures focused action on issues related to IPRs and addresses the 7 identified objectives of the policy. CIPAM assists in simplifying and streamlining of IP processes, apart from undertaking steps for furthering IPR awareness, commercialization and enforcement. To Undertake Simplifying and streamlining of IP processes by formulating and implementing a focused strategy for each policy objective. Coordination with State level agencies and Ministries/ Departments of the Government of India, industry bodies as well as international agencies; IP cells to be set up. IPR awareness campaign across the country in schools,colleges/universities...

Read More

Waiver of late fee on filing of GSTR-3B for August and September, 2017

GST Revenue Figures – As on 23rd October, 2017 The total revenue of GST paid under different heads (upto 23rd October, 2017) for the month of September 2017 is Rs. 92,150/- crore. The total CGST revenue is Rs. 14,042 crore, SGST revenue is Rs. 21,172 crore, IGST revenue is Rs. 48,948 crore (of which IGST from imports in September 2017 is Rs. 23,951 crore) and Compensation Cess is Rs. 7,988/- crore (of which Rs. 722 crore is Compensation Cess from imports in September 2017).  The total number of GSTR 3B returns filed for the month of September 2017 is 42.91 lakhs (as on 23.10.2017). The last...

Read More

CEO & Founder

SUKHWINDER SINGH

FCS; LL.B; B.COM (P)

203 | Second Floor | Syndicate House -3 | Old Rohtak Road | Inderlok | Delhi – 110035

Email Id: cs.sukhwindersingh@gmail.com

Mobile No: 9999939069; 9891911609

October 2017
M T W T F S S
« Sep   Nov »
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

Advertise Here

Newsletter

Advertise Here

Authors & Contributors