ICAI issued list of 400 companies for IFRS convergence by April 2011
Nov 16, 2009 Accounting
The Institute of Chartered Accountants of India (ICAI) has brought out a list of over 400 companies that should converge their accounting practices with International Financial Reporting Standards (IFRS) by April 2011.
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Tags: Accounting Standards Board, financial reporting standards, foreign banks, indian railway, institute of chartered accountants, institute of chartered accountants of india, international accounting standards, international accounting standards board, INTERNATIONAL FINANCIAL REPORTING STANDARDS, management information system, venture capital funds
Notification on Exempts Services in relation to transport of goods by rail in certain cases
Sep 1, 2009 Service Tax
NOTIFICATION No. 28/2009 – Service Tax Dated: August 31, 2009
In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), (hereinafter referred to as the Finance Act), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the taxable service provided to any person in relation to transport of goods, the description of which is specified in column (2) of the Table, by rail as referred to in sub-clause (zzzp) of clause (105) of section 65 of the Finance Act, from the whole of the service tax leviable thereon under section 66 of the Finance Act.
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Tags: electrical appliances, finance act 1994, household effects, indian railway, personal luggage, taxable service, train load, train passengers, Transport of goods by rail
Know your PNR on SMS
May 27, 2009 General Info
Opening up more options for travellers seeking details of train services, Indian Railways have started an SMS service on the 139 passenger information system. The service would enable one to know the passenger name record status, current train running positions, accommodation and availability and fare enquiry. ”All that a passenger needs to do is SMS the queries to 139 and the information would be provided within minutes,” a senior railway ministry official told PTI.
The official said the SMS service would basically supplement the existing facilities available in 139 and reduce the burden of the network flooded with calls every day.
The round-the-clock enquiry service 139 is a call centre number and run by Indian Railway Catering and Tourism Corporation Ltd. Estimates suggest it receives over 10 million calls per day.
However, the SMS service would come at a premium and would be charged at Rs 3 per message.
Railways are contemplating to incorporate some more passenger-friendly features on the 139 platform like booking hotel rooms etc.
Recently, IRCTC had introduced ‘book a taxi’ service enabling passengers to hire the taxi from their home to the railway station by calling 139.
The official said the SMS service can be availed from all mobile networks, except BSNL and Reliance networks where it will be available soon. While seeking information on PNR status, one simply has to write PNR (give space) (type PNR number) and SMS to 139.
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Tags: accommodation, benefit, booking hotel rooms, bsnl, call centre, corporates, enquiry, incorporation, indian railway, indian railways, mobile networks, passenger information system, railway station, reliance, sms, sms service, space type, taxi service, tourism corporation, train number, train services