'Much as I feel on top of the world after being a part of a special series like Jubilee, I would say my biggest achievement so far has been spreading happiness around.'
The transition of Class A and Class B medical device makers to the licensing regime by October 1 seems to be an uphill task with several small and medium manufacturers saying they are still awaiting the audit from the government authorities. If the licenses don't come through, either due to lack of audits or MSME units not clearing the audits, then a few thousand small-scale medical device units will face the issue of business continuity in three weeks. Class A medical devices are those with low to moderate risk to the patient or user (surgical dressings for example), while Class B medical devices refer to devices with moderate risks that require special controls (catheters for example).
Prime Minister Manmohan Singh, while being enumerated for Census 2011 last week, said the data from this massive exercise would be a treasure house of information to help the government plan development work.
Eminent fashion designer Rohit Bal and various other known faces of the fashion industry auditioned models to walk the ramp for the upcoming fashion extravaganza in Delhi.
The villagers stopped a section officer's vehicle which was carrying reserved EVMs for the assembly elections and damaged two control and ballot units each and three VVPATs (Voter Verifiable Paper Audit Trail), the EC said in a statement.
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
'I don't think I was prepared for a platform like Bigg Boss.'
The ministry of company affairs (MCA) intends to insert a clause in the Companies Act that will make audit firms also liable to prosecution as against the existing provisions that limits penal action only to chartered accountants.
The New York Times quoted the officials as saying that Karzai was moving toward accepting the findings of an international audit that stripped him of nearly a third of his votes in the first round, leaving him below the 50 percent threshold that would have allowed him to avoid a runoff and declare victory over his main rival, Abdullah Abdullah.
The govt auditor also indicts DGH and management committee of D1 and D3 fields
With the Nifty50 surging past the 20,000 mark, the markets are experiencing a spate of initial public offerings (IPOs) with four issues set to raise over Rs 4,673 crore this week. Another quartet, cumulatively worth Rs 3,000 crore, is expected to launch next week. Companies like RR Kabel, SAMHI Hotels, Zaggle Prepaid Ocean Services, and Yatra Online are set to hit the primary market this week, while Signature Global, Updater Services, Sai Silks (Kalamandir), and Vaibhav Jewellers are slated for next week. This flurry of activity is driven by multiple factors including buoyant market conditions, increased demand for IPOs, and specific rule on the disclosure of quarterly financials.
The chartered accountants regulator ICAI on Thursday said KMPG cannot audit Satyam's books, but the global auditor said it does not require to register with the regulator to restate the IT company's accounts.
The lawsuits allege that KPMG LLP assisted in and certified 'materially misstated financial statements', and that KPMG's international parent failed in its watchdog role and is responsible for "the severely reckless and grossly negligent acts of its agent", the report pointed out. New Century had been US's second-biggest sub prime mortgage lender that mainly served people with poor credit histories but had to file for bankruptcy in April 2007.
'When I was rejected last year, I told myself I won't give up.'
Price Waterhouse Chartered Accountants (PwC India) has resigned as the auditor of Paytm Payments Services, the fintech major said in a regulatory filing on Monday. "...we wish to inform you that M/s. Price Waterhouse Chartered Accountants LLP ... statutory auditors of material subsidiary i.e. Paytm Payments Services Limited (PPSL) have resigned with effect from August 7, 2023," the company added. Paytm said that the statutory auditors had not raised any concerns or issues and that the company had noted PwC's resignation.
Senior AAP leader Raghav Chadha said the residence in question was built in 1942. The Delhi government's Public Works Department (PWD), after an audit, had recommended its renovation, he said.
Former CAG official R P Singh, who has created a storm with his statements on the 2G spectrum allocation audit, on Saturday claimed that his superiors gave him "written order" following which he signed on the final report giving a presumptive loss figure of Rs 1.76 lakh crore.
Aamir's heroines send the superstar their love.
A plea that the banking regulator's stress should be on the strategic role of boards and an increase in the remuneration of independent directors were among the issues put forward to the Reserve Bank of India's (RBI's) top brass in its interaction with the full boards of state-run banks held on Monday. The meeting, the first leg of first-of-its-kind interactions with the boards of state-run banks, will now be followed by those of private banks in Mumbai on May 29. The RBI's press release, issued late on Monday, did not refer to the specific points that found mention in the deliberations, but top sources told Business Standard the twin concerns were taken up in the open-house interaction with the banking regulator's brass.
Defying doctor's advice, an unwell Chief Minister Arvind Kejriwal met CAG Shashi Kant Sharma to discuss the issue before going into a Cabinet meeting.
The decision would affect the lawyers specialising in Sales Tax laws and former Sales Tax officers who work as sales tax practitioners. A bench comprising Justice H K Sema and Justice Markenday Katju while dismissing the petitions filed by the Sales Tax Practitioners Association of Maharashtra and the Bar Council of Maharashtra upholding the Bombay High Court's judgement that held only chartered or cost accountants would be eligible to certify sales tax returns.
'My God, we could win half the world over just by our food alone.'
'I was very young when I had come to audition for Indian Idol. I wasn't taken because of my age.'
The Reserve Bank on Thursday proposed tighter norms for treatment of wilful defaulters under which banks and other lenders will be required to examine all accounts with outstanding amount of Rs 25 lakh and more to see if the borrower is deliberately not repaying the loan. The central bank has issued a 'Draft Master Direction on Treatment of Wilful Defaulters and Large Defaulters' on which comments have been invited till October 31. According to Reserve Bank of India (RBI), the draft Master Direction expands the scope for regulated entities which can classify borrowers as wilful defaulters and broadens the definition of wilful default.
In its communication to DoT, the DGA said the department had granted new unified access service licences to certain companies without proper verification of their eligibility and other credentials.
The Supreme Court today ordered that former Comptroller and Auditor General of India Vinod Rai will supervise special audit of property of Kerala's famous Sree Padmanabha Swamy temple, which is facing charges of financial irregularites, and constituted a new administrative committee headed by District Judge, Thiruvananthapuram.
'I introduced her around.' 'Her first audition was for Heropanti, but she did not get it.' 'Now she is doing movies regularly.' 'After her movie releases, she always calls me to ask if I have seen the movie and if I liked the way she acted.'
No longer a discretion of the tax administrator, the audit of returns filed by taxpayers is now based on a selection by algorithms, notes Tarun Bajaj.
Kane Williamson showed his class in his first competitive outing in six months while Rachin Ravindra sizzled at the top of the order as New Zealand gunned down a 346-run target in their opening World Cup warm-up game against Pakistan
Probe agency to set up special software to probe money trail in the case.
'Whoever is playing this series, is looking at T20 World Cup. Of course, if selectors, Ravi bhai or Virat have some players in mind, we can mutually agree and play that player as this is a good platform. If you want to see someone before World T20, this is the only series you have.'
The "unknown" sources are income declared in the annual audit report by these parties but without giving the source of income, according to the ADR.
GST collection rose 11 per cent to over Rs 1.65 lakh crore in July as a result of anti-evasion measures and higher consumer spending. This is the fifth time since the rollout of the Goods and Services Tax (GST) regime that monthly collections have crossed the Rs 1.60 lakh crore mark -- making it the new normal. "Gross GST revenue collected in July is Rs 1,65,105 crore of which CGST is Rs 29,773 crore, SGST is Rs 37,623 crore, IGST is Rs 85,930 crore (including Rs 41,239 crore collected on import of goods) and cess is Rs 11,779 crore (including Rs 840 crore collected on import of goods)," the finance ministry said in a statement.
Home Minister Rajnath Singh on Friday chaired a meeting on internal security, which was attended by Defence Minister Manohar Parrikar and National Security Advisor Ajit Doval.
'Agra is about sexuality and sexual repression, and the relationship of sexuality to the physical spaces that we are in.'
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