P&H HC: Eyewitness Account Not Credible if Eyewitness Directly Identifies Accused in Court  ||  Delhi HC: Conditions u/s 45 PMLA Have to Give Way to Article 21 When Accused Incarcerated for Long  ||  Delhi High Court: Delhi Police to Add Grounds of Arrest in Arrest Memo  ||  Kerala High Court: Giving Seniority on the Basis of Rules is a Policy Decision  ||  Del. HC: Where Arbitrator has Taken Plausible View, Court Cannot Interfere u/s 34 of A&C Act  ||  Ker. HC: No Question of Estoppel Against Party Where Error is Committed by Court Itself  ||  Supreme Court: Revenue Entries are Admissible as Evidence of Possession  ||  SC: Mere Breakup of Relationship Between Consenting Couple Can’t Result in Criminal Proceedings  ||  SC: Bar u/s 195 CrPC Not Attracted Where Proceedings Initiated Pursuant to Judicial Order  ||  NTF Gives Comprehensive Suggestions on Enhancing Better Working Conditions of Medical Professions    

Synchronising financial accounting year with calendar year- (Ministry of Finance ) (19 Jul 2016)

MANU/PIBU/0554/2016

Union Minister of Finance, Aurn Jaitley, stated that a Committee to examine the desirability and feasibility of changing the financial year has been constituted.

The Committee will look into the benefits and drawbacks of various dates for commencement of the financial year, taking into account impact on business, taxation systems and procedures, relationship between financial year and the working season and more.

The Committee has until 31 December 2016 to submit its report.

The Minister also reported approval from the Union Cabinet for the merger of several nationalised banks with subsidiary banks, including Bank of Mysore, State Bank of Travancore.

Relevant : Merger of Nationalised banks MANU/PIBU/0557/2016

Tags : FINANCIAL YEAR   CALENDAR YEAR   NATIONALISED BANKS   MERGER  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved