News

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs.2.50 lakh on Pusad Urban Co-operative Bank Ltd. of Maharashtra.

RBI imposed Monetary Penalty on Pusad Urban Co-operative Bank

Articles

The Institute of Chartered Accountants of India (ICAI) has released a Technical Guide on Preparation of Financial Statements under Cash Basis of Accounting.

ICAI released Technical Guide on Preparation of Financial Statements under Cash Basis of Accounting

The CBI has arrested a Malaria Inspector, MCD of Delhi and an Ex-contractual employee of MCD for demanding and accepting a bribe of Rs.10,000.

CBI arrested MCD’s Malaria Inspector and 1 other for accepting Bribe of Rs. 10,000

RBI has imposed a monetary penalty of Rs.1 lakh on Shillong Co-operative Urban Bank Limited for non-compliance with the directions issued by RBI on KYC.

RBI imposes Monetary Penalty on Shillong Co-operative Urban Bank for violation of RBI Directions

Judgement

The AAR Karnataka has held that Advance Ruling cannot be given on Assumed Scenario in the absence of relevant documents.

Advance Ruling cannot be given on Assumed Scenario in absence of relevant documents [Read Order]

The 'Bill Liao Inaam Pao' scheme was launched last year. With this scheme, the state govt. detected and issued notices to 1,344 GST defaulters.

1,344 GST defaulters found in Punjab under Bill Scheme

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