As the climate talks continue at the UN conference, COP18, in Doha, Qatar here’s a quick refresher on 20 years of climate change negotiation history:
A order affecting all consumers of Mumbai passed by MERC for Approval of Multi Year Tariff Business Plan of Reliance Infrastructure Limited’s Distribution Business (RInfra-D) for the second Control Period from FY 2011-12 to FY 2015-16
Full order in link below
Please circulate this order for better awareness.
Courtesy : Loksatta initiative
The Reserve Bank of India (RBI) has prescribed new guidelines on standardization of security features of cheques, which are aimed at enhancing customer safety and facilitating easier processing.
Please note that as per RBI guidelines, non CTS-2010 cheques should be withdrawn before December 31, 2012. Please go through the FAQs below to:
• Identify whether your existing cheque book is CTS-2010 compliant
• Request for a new cheque book, if required
Also, please note that RBI has advised all banks holding post-dated EMI cheques to arrange for replacement of non-CTS-2010 Standard cheques with CTS-2010 Standard cheques. If you have availed a loan and have given post dated cheques to your lending bank, do get in touch with them for advice on the next steps.
Should you have any other query, you can check with your existing Banker.
Frequently Asked Questions (FAQs) for CTS-2010 Standard Cheque System
Q1. How do I identify if my cheque book is CTS-2010 compliant?
Please look for the letters “CTS-2010” printed vertically on the cheque leaf (near the perforation on the left side)
If the letters “CTS-2010” are present here, your cheque book is CTS-2010 compliant
Q2. My cheque book is CTS-2010 compliant and the above feature is present in my cheque book. What do I have to do?
If your cheque book is already CTS-2010 compliant, you can continue using the same and there is no further action required.
Q3. My cheque book is not CTS-2010 compliant. How do I order a new cheque book?
In case your cheque book is not CTS-2010 compliant, please order a new one with your existing Banker as per the regular process. All cheque books issued now, will be CTS-2010 compliant
Interest paid on borrowing for acquiring house deductible u/s 24(b) & 48
The assessee borrowed funds for purchasing a house. The interest paid on the said loan was claimed as a deduction u/s 24(b). When the house was sold, the interest paid on the said loan was treated as “cost of acquisition” and claimed as a deduction u/s 48 in computing the capital gains. The AO held that as the interest had been allowed as a deduction u/s 24(b), it could not be allowed again in computing capital gains. The CIT(A) allowed the claim. On appeal by the department to the Tribunal, HELD dismissing the appeal:
Click Here for the details
If you had complied with the know your customer (KYC) norms before January 2012, you better get in touch with your broker or asset management company (AMC) or your distributor.
Because, Sebi has made a few changes to the KYC norms after January this year. So, if you had done your KYC before that, you won’t be able to invest in mutual funds, unless you take a few steps.
What you should do: As soon as possible, fill this form and attach the required documents and get in touch with your broker, distributor, AMC or local CAMS/ KRA service centre.
Not sure: If you don’t remember when you got your KYC done or if you need to fill the KYC change detail form or not, you don’t need to worry. Click here to submit your Permanent Account Number (PAN). If the screen shows MF – VERIFIED BY CVLMF then you need to take the above mentioned steps. However, if the screen shows MF- VERIFIED BY CVLKRA, you are already new KYC norm compliant.
Click Here for the detailed instructions
There are five dangerous enemies of good health. They are: tobacco smoking (tobacco in any other form), alcohol even in small amounts, sedentary living like laziness, over eating, and finally negative thoughts like anger, pride, super ego, hatred, jealousy, and hostility. One who wants to remain healthy should avoid these five like deadly poison. Hard work never kills. One should love what one does to avoid distress. A good night’s rest to recharge one’s battery is an added asset. If you get up refreshed, do not fret and fume about the exact number of hours of sleep. I do not know how much sleep one needs. If you have sleep debt, which is daytime sleepiness, you have not had your required quota.
“The best six doctors anywhere,
And no one can deny it,
Are sunshine, water, rest, and air, exercise and diet
These six will gladly you attend,
If only you are willing,
Your mind they’ll ease.
And charge not a shilling!”
— Wayne Fields
Dr BM Hegde, whom Nani Palkhivala had called a “cardiologist with a heart”, on what it takes to stay healthy – Click Here for the full article