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News - (Get Professional Updates on Whatsapp, Msg on 8285393786) Category : General

Aadhaar will not be considered as valid proof of date of birth - EPFO
Posted Date : 18-Jan-2024 , 06:26:12 pm | Posted By CASANSAAR

Retirement fund body EPFO has said it will no longer use Aadhaar as a valid document for proof of date of birth.   In an official circular on January 16, the Employees' Provident Fund Organisation (EPFO) said the decision to remove Aadhaar was taken following a directive from the Unique...

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Category : General | Comments : 0 | Hits : 736

Special Parliament Session Starts from Monday, 18th September 2023
Posted Date : 14-Sep-2023 , 05:26:13 pm | Posted By CASANSAAR

A five-day-long Special Parliament Session will be held from Monday. A Parliamentary Bulletin said, that on the first day a discussion on the Parliamentary Journey of 75 years starting from Samvidhan Sabha - Achievements, Experiences, Memories, and Learnings will be held in Lok Sabha.  The G...

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AI (Artificial Intelligence) can't substitute human intelligence in court - High Court
Posted Date : 28-Aug-2023 , 08:19:19 am | Posted By CASANSAAR

Artificial intelligence can substitute neither the human intelligence nor the humane element in the adjudicatory process, the Delhi high court has held and said ChatGPT can't be the basis of adjudication of legal or factual issues in a court of law. Justice Prathiba M Singh stated that the ac...

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Posted Date : 25-Aug-2023 , 04:40:15 pm | Posted By CASANSAAR

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Delhi HC seeks Centre’s stand in plea against including CA, CS among Reporting Entities under PMLA
Posted Date : 22-Aug-2023 , 08:27:09 am | Posted By CASANSAAR

The Delhi High Court Monday sought the Centre’s stand in a plea against a notification where chartered accountants, company secretaries and cost accountants have been included among “reporting entities” under the Prevention of Money Laundering Act (PMLA) A division bench of Chie...

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Category : General | Comments : 0 | Hits : 926

ChatGPT costs $700,000 daily, maker may go bankrupt in 2024
Posted Date : 17-Aug-2023 , 08:04:24 am | Posted By CASANSAAR

OpenAI spends roughly $700,000 per day (around Rs. 5.8 crore) to run ChatGPT and Microsoft and other recent investors are covering these costs out of their own pockets. They, however, could turn off the tap if Sam Altman-led company doesn't turn a profit soon and it may go bankrupt by the end of...

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Category : General | Comments : 0 | Hits : 452

Mahindra looks to scale up global play after cheating and fraud with indian customers
Posted Date : 16-Aug-2023 , 09:04:02 am | Posted By CASANSAAR

Mahindra looks to scale up global play after cheating and fraud with indian customers Mahindra & Mahindra on said it aims to bolster its presence globally as it unveiled a pickup concept, which it plans to introduce in the international markets. but the reality is they dont have the capaci...

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Category : General | Comments : 0 | Hits : 399

UGC declares 20 Universities as FAKE and not empowered to confer any degree
Posted Date : 03-Aug-2023 , 08:33:44 am | Posted By CASANSAAR

  The University Grants Commission (UGC) on Wednesday announced that it has identified and declared 20 universities across India as "fake." These institutions are not authorized to grant any degrees to students. Among these universities, the highest number (eight) is located in Del...

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Category : General | Comments : 0 | Hits : 1249

RBI Withdraws Rs. 2000 Notes from Circulation, Asks All to Exchange or Deposit
Posted Date : 20-May-2023 , 01:56:43 pm | Posted By CASANSAAR

THE RESERVE Bank of India (RBI) Friday announced the withdrawal of its highest value currency note, Rs 2,000, from circulation, adding that the notes will continue to be legal tender. It said the existing Rs 2,000 notes can be deposited or exchanged in banks until September 30, but set a limit of &l...

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Category : General | Comments : 0 | Hits : 439

Ministry of Labour & Employment releases provisional payroll data of EPFO
Posted Date : 22-Jan-2022 , 09:36:30 am | Posted By CASANSAAR

Ministry of Labour and Employment released the provisional payroll data of EPFO today. The ministry said that EPFO added 13 lakh 95 thousand net subscribers during the month of November last year, showing an increase of around 2 lakh 85 thousand net additions over the previous month of October last ...

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Category : General | Comments : 0 | Hits : 476

Government appoints 10 merchant bankers to manage IPO of LIC
Posted Date : 09-Sep-2021 , 08:48:19 am | Posted By CASANSAAR

The Government has appointed ten merchant bankers including SBI Capital Market Limited, Goldman Sachs (India) Securities, Citigroup Global Markets India and Nomura Financial Advisory and Securities India to manage the Initial Public Offering, IPO of Life Insurance Corporation of India, LIC. In a ...

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Category : General | Comments : 0 | Hits : 480

Govt plans to bring a bill, cryptocurrencies to be treated as commodity
Posted Date : 04-Sep-2021 , 09:18:26 am | Posted By CASANSAAR

The government is planning to define cryptocurrencies in the new draft bill that also proposes to compartmentalise virtual currencies on the basis of their use cases, three people aware of the development told ET. Cryptocurrencies will be treated as an asset/commodity for all purposes, including ...

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Category : General | Comments : 0 | Hits : 1322

First time in the history, nine new Supreme Court judges to take oath today
Posted Date : 31-Aug-2021 , 07:54:05 am | Posted By CASANSAAR

Nine new judges, including three women, would be administered the oath of office as judges of the Supreme Court by Chief Justice of India (CJI) N V Ramana on Tuesday. It is for the first time in the history of the apex court when nine judges would be taking the oath of office at one go and the sw...

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Category : General | Comments : 0 | Hits : 506

Supreme Court bench sets time limit for lawyers, says time to change old habits
Posted Date : 30-Jul-2021 , 09:25:09 am | Posted By CASANSAAR

A two-judge bench of the Supreme Court replicated the practice adopted by the Supreme Court of the United States by directing lawyers appearing in a case to confine their oral arguments to 30 minutes and submissions on law to three pages. Wondering which country in the world would allow lawyers t...

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Category : General | Comments : 0 | Hits : 1207

Cabinet approves increase in Dearness Allowance and Dearness Relief
Posted Date : 15-Jul-2021 , 09:21:05 am | Posted By CASANSAAR

The Cabinet Committee chaired by the Hon’ble Prime Minister Shri Narendra Modi today has approved increase the Dearness Allowance to Central Government employees and Dearness Relief to pensioners with effect from 01.07.2021 to 28% representing an increase of 11% over the existing rate of 17% o...

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Category : General | Comments : 0 | Hits : 476

SC issues guidelines for cheque bounce cases, asks govt to amend laws
Posted Date : 17-Apr-2021 , 09:58:23 am | Posted By CASANSAAR

To ensure speedy disposal of more than 35 lakh cheque bounce cases pending in various courts, the Supreme Court on Friday gave a number of directions, including asking the government to amend the laws to allow clubbing of multiple trials in cases filed for a same transaction against anyone. To av...

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Category : General | Comments : 0 | Hits : 1883

Govt slashes interest rates on PPF, other small saving schemes
Posted Date : 01-Apr-2021 , 09:01:41 am | Posted By CASANSAAR

The government on Wednesday slashed interest rates on small saving schemes, including public provident fund (PPF) and national savings certificate (NSC) for the first quarter (Q1) of financial year 2021 with effect from April 1. In an official notification, the finance ministry said: "In exe...

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Category : General | Comments : 0 | Hits : 355

ED launches money-laundering investigation against Franklin Templeton
Posted Date : 04-Mar-2021 , 09:09:33 am | Posted By CASANSAAR

The Enforcement Directorate has registered a money laundering case against Franklin Templeton and senior officials, in the first case by an investigation agency against the asset management company after it unexpectedly closed six debt schemes in April 2020. Multiple sources connected to the case...

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Category : General | Comments : 0 | Hits : 706

Govt makes FASTag mandatory on all National Highways
Posted Date : 16-Feb-2021 , 08:31:45 am | Posted By CASANSAAR

Government has made FASTag mandatory on the National Highways. All lanes in the fee plazas on National Highways were declared as FASTag lane midnight last night. As per NH Fee Rules 2008, any vehicle not fitted with FASTag or vehicle without valid, functional FASTag, entering into the FASTag lane of...

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Category : General | Comments : 0 | Hits : 243

Disclosure of interest under RTI necessary to establish applicant’s bonafide - HC
Posted Date : 18-Jan-2021 , 09:39:55 am | Posted By CASANSAAR

The Delhi High Court, in a ruling, has observed that the disclosure of interest regarding the information being sought by an applicant under the Right to Information (RTI) Law would be necessary to establish their bonafides. “This Court is of the opinion that whenever information is sought ...

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Category : General | Comments : 0 | Hits : 556

Sovereign Gold Bond Scheme 2020-21 (Series X) – Issue Price
Posted Date : 09-Jan-2021 , 09:46:47 am | Posted By CASANSAAR

In terms of Government of India Notification No.4(4)-B(W&M)/2020 dated October 09, 2020, Sovereign Gold Bonds 2020-21 (Series X) will be opened for the period January 11-15, 2021  with Settlement date January 19, 2021. The issue price of the Bond during the subscription period shall be Rs5,...

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Category : General | Comments : 0 | Hits : 515

ED attaches Rs 452 crore assets of a Singapore company in IL&FS case
Posted Date : 06-Jan-2021 , 08:04:57 am | Posted By CASANSAAR

The Enforcement Directorate (ED) has provisionally attached assets to the tune of Rs 452 crores belonging to a Singapore company in connection with its probe into alleged money laundering associated with irregularities in IL&FS group companies. The agency claimed it has attached assets, in th...

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Category : General | Comments : 0 | Hits : 210

SC cautions advocates-on-record for unauthorised sharing of video conference links of virtual court hearings
Posted Date : 09-Nov-2020 , 09:18:47 am | Posted By CASANSAAR

The Supreme Court has warned advocates-on-record (AORs) and in-person petitioners of adverse consequences for unauthorised sharing of video conference links of virtual court hearings. AOR is an advocate who is entitled to act as well as plead for a party in the apex court. No advocate other than ...

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Category : General | Comments : 0 | Hits : 482

Govt to give cash vouchers to staff in lieu of LTC this year- FM
Posted Date : 13-Oct-2020 , 08:10:43 am | Posted By CASANSAAR

In a bid to stimulate demand in the economy, the government on Monday announced giving out cash vouchers to central government employees this year in lieu of leave travel concession (LTC) fare which could be spent only on buying non-food GST-rated items. Finance Minister Nirmala Sitharaman said t...

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Category : General | Comments : 0 | Hits : 251

Govt to give Rs 12,000 cr interest-free 50-year loan to states for capital projects
Posted Date : 13-Oct-2020 , 08:07:18 am | Posted By CASANSAAR

Finance Minister Nirmala Sitharman on Monday announced a Rs 12,000 crore interest-free 50-year loan to states for spending on capital projects in a bid to boost economy. Addressing a press conference, she said, out of the Rs 12,000 crore, Rs 1,600 crore will be given to north-eastern states and R...

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Category : General | Comments : 0 | Hits : 211

ED arrests CFO & internal auditor of Cox & Kings
Posted Date : 07-Oct-2020 , 08:43:34 am | Posted By CASANSAAR

The Enforcement Directorate on Tuesday arrested CFO of Cox & Kings Anil Khandelwal and the company's internal auditor Naresh Jain in connection with the Yes Bank money laundering case. A special court in Delhi remanded the two to seven days of ED custody. "During PMLA investigation i...

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Category : General | Comments : 0 | Hits : 1154

Request to Tweet / Retweet for Extension of Due Dates with #extendduedates
Posted Date : 27-Sep-2020 , 10:27:22 am | Posted By CASANSAAR

सभी कर सलाहकार (CA, CS, CMA, Advocate and others) कल 27-9-20 सुबह 11 बजे से शाम 5 बजे के बीच मे अप...

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Category : General | Comments : 0 | Hits : 1482

35,074 taxpayers opt for Vivad Se Vishwas Scheme
Posted Date : 21-Sep-2020 , 09:25:18 am | Posted By CASANSAAR

The total number of taxpayers who have opted for the Direct Tax Vivad Se Vishwas Act since its enactment is 35,074 through Form-1 (Declaration under the scheme) that have been submitted till 8th September, 2020. This was stated by Shri Anurag Singh Thakur, Union Minister of State...

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Category : General | Comments : 0 | Hits : 383

CBI arrests former CBIC deputy commissioner, two others in alleged bribery case
Posted Date : 02-Sep-2020 , 09:14:09 am | Posted By CASANSAAR

The Central Bureau of Investigation (CBI) has arrested a former Deputy Commissioner of Central Board of Indirect Taxes & Customs along with a Customs House Agent and a Businessman (an importer of toys) in an alleged bribery case of Rs 1 lakh. A case was reportedly registered against the accus...

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Category : General | Comments : 0 | Hits : 487

Ministry of Home Affairs issues new Guidelines
Posted Date : 30-Aug-2020 , 11:18:43 am | Posted By CASANSAAR

  The Ministry of Home Affairs (MHA) has issued new guidelines today for opening up of more activities in areas outside the Containment Zones. In Unlock 4, which will come into effect from September 1, 2020, the process of phased re-opening of activities has been extended further. The new gu...

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Category : General | Comments : 0 | Hits : 240

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