For Professional..

1. By AnshulSinghal
For Private Circulation only

2. Index
Section
Particulars
Quotes of the Day
Section 1
Market Watch
Section 2
Economy Updates
Section 3
Amendments
Section 4
Seminar
Section 5
Job/ Empanelment's
Section 6
Sports
Section 7
Politics
Section 8
Movies Updates
Section 9
Amazing Facts
Section 10
Education
Section 11
WorldNews
Section 12
Science and Technology
Section 13
Spirituality

3. Quotes of The Day
एकफायएकककसानकाघोडाफीभायहोगमा।उसनेउसकेइराजकेलरएडॉक्टयकोफुरामा।डॉक्टयनेघोड़ेकाअच्छेसेभुआमनाककमाफोरा,"आऩकेघोड़ेकोकापीगॊबीयफीभायीहै।हभतीनददनतकइसेदवाईदेकयदेखतेहैं,अगयमहठीकहोगमातोठीकनहीॊतोहभेंइसेभायनाहोगा।क्मोंककमहफीभायीदूसयेजानवयोंभेंबीफ़ैरसकतीहै।" महसफफातेंऩासभेंखड़ाएकफकयाबीसुनयहाथा।अगरेददनडॉक्टयआमा,उसनेघोड़ेकोदवाईदीचरागमा।उसकेजानेकेफादफकयाघोड़ेकेऩासगमाऔयफोरा,"उठोदोस्त,दहम्भतकयो,नहीॊतोमहतुम्हेंभायदेंगे।”दूसयेददनडॉक्टयकपयआमाऔयदवाईदेकयचरागमा।फकयाकपयघोड़ेकेऩासआमाऔयफोरा,"दोस्ततुम्हेंउठनाहीहोगा।दहम्भतकयोनहीॊतोतुभभायेजाओगे।भैंतुम्हायीभददकयताहूॉ।चरोउठो”तीसयेददनजफडॉक्टयआमातोककसानसेफोरा,"भुझेअफ़सोसहैककहभेंइसेभायनाऩड़ेगाक्मोंकककोईबीसुधायनज़यनहीॊआयहा।" जफवोवहाॉसेगएतोफकयाघोड़ेकेऩासकपयआमाऔयफोरा,"देखोदोस्त,तुम्हायेलरएअफकयोमाभयोवारीस्स्थततफनगमीहै।अगयतुभआजबीनहीॊउठेतोकरतुभभयजाओगे।इसलरएदहम्भतकयो।हाॉ,फहुतअच्छे।थोड़ासाऔय,तुभकयसकतेहो।शाफाश,अफबागकयदेखो,तेज़औयतेज़।”इतनेभेंककसानवाऩसआमातोउसनेदेखाककउसकाघोडाबागयहाहै।वोख़ुशीसेझूभउठाऔयसफघयवारोंकोइकट्ठाकयकेचचल्रानेरगा,"चभत्कायहोगमा।भेयाघोडाठीकहोगमा।हभेंजश्नभनानाचादहए।आजफकयेकागोश्तखामेंगे।" लशऺा:भैनेजभेंटकोबीकबीऩतानहीॊचरताकककौनसाकभमचायीककतनामोग्महै।

4. Section 1 (Market Watch)

5. Markets Today
Source: http://economictimes.indiatimes.com/markets
Stock Indices
Particulars
Up/Down
Sensex
26,867.55
229.44
Nifty
8,027.70
73.35
NSE
7968
87.6
BSE
3273.3
39.7
Gold
27,930
-66.00
USD
60.52
-0.01

6. Section 2 (Economy Updates)

7. GIC, Brigade to invest Rs1,500 crorein real estate
•Bangalore:ThelistoflargesovereignwealthfundsandpensionfundschasingIndianrealestatehasgrownlonger, withsovereignwealthfundGovernmentofSingaporeInvestmentCorp.PteLtd(GIC)enteringintoRs.1,500crorejointventureagreementwithBrigadeEnterprisesLtdtoinvestinprojectsinSouthIndia.TheBangalore-basedpropertydeveloperandGIC,throughanaffiliatecompany, willcreateaninvestmentplatform,throughwhichitwillinvestinandacquirelandforresidentialandmixed-usedevelopments—includingshoppingmallsandoffices—incitiesinsouthernIndia,BrigadesaidonMonday.TheBrigade-GICtie-upfollowsaslewofpensionandsovereignfundswhohavepartneredwithindividualdeveloperstoinvestinrealestateprojects,givingthesectoramuch- neededflushofcapital,bothintheformofdebtfinanceandequity.
Source: http://www.livemint.com

8. RBI issues amendments to Basel 3 norms
•TheReserveBankofIndiahasallowedbankstoissueadditionalTier1capitalinstruments,theprincipalamountofwhichwouldabsorblosses,eitherthroughconversionintocommonsharesorawrite-downmechanismthatallocatesthelossestotheinstruments, eithertemporarilyorpermanently.
•UnveilingaslewofamendmentsintheimplementationoftheBasel3regulations,theRBIsaidthatbanksmusthaveaprovisionofPointofNon-Viability(PONV)foreverynon-equityinstrumentwhich, whentriggered,wouldleadtoaconversiontocommonshares(ofthebank)orapermanentwrite-off.
•Theregulatorhasreducedtheminimumtenorafterwhichcalloptionsarepermissibleinperpetualdebtinstrumentsfrom10tofiveyears.
•TheminimummaturityofTier2debtinstrumentshasalsobeenreducedfrom10tofiveyears.
Source : http://www.thehindubusinessline.com

9. Current account deficit narrows
•India’s current account deficit (CAD) narrowed sharply to $7.8 billion (1.7 per cent of gross domestic product) in the first quarter of 2014-15 from $21.8 billion (4.8 per cent of GDP) in the year ago period. However, it was higher than $1.2 billion (0.2 per cent of GDP) in Q4 of 2013-14. “The lower CAD was primarily on account of a contraction in trade deficit contributed by both a rise in exports and a decline in imports,” said the Reserve Bank of India (RBI) in a press release on Monday.
•On a Balance of Payments (BoP) basis, merchandise exports, at $81.7 billion, increased by 10.6 per cent in the first quarter of 2014-15 as against a decline of 1.5 per cent in the first quarter of 2013-14. On the other hand, merchandise imports, at $116.4 billion, moderated by 6.5 per cent as against an increase of 4.7 per cent.
•The decline in imports was primarily led by a steep drop of 57.2 per cent in gold imports, which amounted to $7 billion, significantly lower than $16.5 billion. “Notably,” said the RBI, “non-gold imports recorded a modest rise of 1.3 per cent as against a decline of 0.6 per cent in the corresponding quarter of last year reflecting some revival in economic activity.” As a result, merchandise trade deficit (BoPbasis) contracted by about 31.4 per cent to $34.6 billion in the first quarter of 2014-15 from $50.5 billion in the corresponding quarter a year ago. Net services receipts improved marginally on account of higher exports of services. Net services at $17.1 billion recorded a growth of 1.2 per cent in the first quarter of 2014-15.
Source: http://www.thehindu.com

10. Section 3 (Amendments)

11. •ACITVs. ShriMahesh ChunilalShah (ITAT Ahmedabad), ITA No. 210/Ahd/2011, Date of Order: 27/08/2014
•We further find that the Hon’bleMadras High Court in the case of CIT vs. KumararaniMeenakshiAchi(supra) has held that the differential treatment cannot be meted out to another co-owner while making the assessment of same property or while valuing the same property. In view of the aforesaid facts and relying on the aforesaid decision of Hon’bleMadras High Court, we find no reason to interfere with the order of Ld. CIT(A) and thus these grounds of Revenue are dismissed. -
Source: http://taxguru.in
Differential treatment cannot be meted out to another co-owner while making assessment of same property

12. Source: Atul Kumar Gupta
Service Tax
Asyouknow,Finance(No.2)Act2014hadproposedcertainchangesinNegativeListwhichweretobeapplicablefromafuturedatetobenotified. Thesechangeshavenowbeeneffectedfrom1stOctober,2014videNotificationNo.18/2014-STdated25thAugust,2014. Consequenttotheefficacyofthenotification,followingshallbetheimpact. ServiceTaxwillbeapplicableon: RadioTaxi(theabatementpresentlyavailabletorent-a-cabservicewouldalsobemadeavailabletoradiotaxiservice,tobringthemonpar);andAdvertisementsininternetwebsites,out-of-homemedia,onfilmscreenintheatres,billboards,conveyances,buildings,cellphones,AutomatedTellerMachines,tickets,commercialpublications,aerialadvertising,etc.(saleofspaceforadvertisementsinnewspapers,bookotherthanbusinessdirectories/yellowpages/tradecatalogueswouldcontinuetobenon- taxable)

13. Section 4 (Seminar)

14. Source: http://nirc-icai.org/seminar/12-aug.pdf

16. Department Of Farmer Welfare And Agriculture Development
Last Date :03/09/2014Requirement of chartered accountant firms. Address:Department Of Farmer Welfare And Agriculture Development Bhopal Madhya Pradesh
Source: http://pdicai.org/OppDetail.aspx?MoreBtnId=oppurtunity

17. SECTION 6 (SPORTS UPDATE)

18. IT WOULD BE EXTREMELY TOUGH FOR US TO HOST THE AGM THIS MONTH: BCCI OFFICIAL
TheBoardofControlforCricketinIndia(BCCI)mayfindittoughtohosttheAnnualGeneralMeeting(AGM)asscheduledbytheendofSeptemberaftertheSupremeCourtMondayignoredpleastoreinstateN.Srinivasanasitspresident.
WhathasstrucktheBCCIhardisalsothefactthattheapexcourtgavetwomoremonthstotheMukulMudgalCommitteetosubmitthefinalreportinthespot-fixingandbettingscandalinthe2013editionoftheIndianPremierLeague(IPL)thatinvolved13people,includingsomeprominentcricketers.ThecourthassetNov10asthenextdateofhearing.
AtopBCCIofficialtoldIANSthatitwouldbeextremelydifficultfortheboardtohosttheAGMasSrinivasanwasseekingre-electionforathirdterm.SrinivasanhasbeenremovedastheBCCIpresidentbytheSupremeCourtpendinginvestigatinginthespot-fixingandthebettingscandalinthe2013Indian
Source:http://www.firstpost.com

20. NewDelhi:TheCentre'smovetocelebrateTeacher'sDayas'GuruUtsav'andplannedinteractionofPrimeMinisterNarendraModiwithschoolchildrenonthatdayhavekickedupacontroversywithCongresscomingdownhardonthegovernment.
"Idon'tthinkanyPMorPresidentofIndiahasoverthepast65yearscompulsorilybydiktat,bycompulsionsaidthateveryprivateandpublicschoolfromclass1to12.Everystudentfrom1-12,thankGodKGwasexempted,mustsitandlistenandhearthePM,"partyspokesmanAbhishekSinghvitoldreporters.
HeaskedtheBJPGovernmentwhethertheclass1or2studentswillunderstandthePrimeMinister.
Besides,hewonderedwhetheritwasallowedtovirtuallymakepoliticalpropagandatoalltheschoolchildrenofIndia?
HastheGovernmenteverusedthemachineryinthismannertopropagatepoliticalorpartlypoliticalviewtoyoungandimpressionablemindsandthattooinfantsof1-5classes?heasked.
Source: http://zeenews.india.com

21. Section 8 (movies updates)

22. Big B has More Twitter Followers Than PM Modi
•Actor AmitabhBachchanhas 10 million reasons to celebrate being on Twitter. The social media-savvy star, who has been on Twitter since 2010, has now clocked 10 million followers on the microbloggingsite.
•In terms of Twitter popularity, MrBachchanoutstrips Indian Prime Minister NarendraModi, who has almost seven million followers, and fellow celebs Shah RukhKhan and PriyankaChopra who have almost nine and seven million followers each. (Also Read:AmitabhBachchanBusy With ShoojitSircar'sPiku) AmitabhBachchanhas been very active on the website, tweeting about his personal and professional life along with sharing nuggets of wisdom and connecting with his fans by replying to their tweets addressed to him in most cases. He also posts daily updates on his blog and Facebook. More social-networking power to you MrBachchan.
Source: http://movies.ndtv.com

23. Section 9 (Amazing Facts)

24. Amazing facts
Chocolate can kill dogs, as it contains theobromine, which affects their heart and nervous system.
Because metal was scarce, the Oscars given out during World War II were made of plaster.
Source: http://indianrealist.com

25. Section 10 (Educational)

26. Source: https://independentdirector.in/
Independent Directors Repository operationalised.

27. SECTION11 (WORLDNEWS)

28. BRITISHJIHADISTSTOBEFORCEDTOATTENDDERADICALISATIONPROGRAMMES, SAYSCAMERON
British jihadists returning from Iraq and Syria will be forced to attend “deradicalisation” programmesto reverse their warped brainwashing, David Cameron announced.
Dangerous fanatics made subject to court controls will be ordered to engage in anti-extremism schemes as part of a raft of new measures to combat the risk of British Islamists returning to the UK.
The move comes amid growing concern over the threat posed by Britons who have joined the terror group Isilin Syria and Iraq.
At least 500 are feared to have travelled out and half are now back on the streets of the UK, potentially plotted attacks here.
In a Commons statement, MrCameron said: “Adhering to British values is not an option or a choice
Source: http://www.telegraph.co.uk

29. SECTION12 (SCIENCEANDTECHNOLOGY)

30. BANGALORETOHOSTINDIANANOSUMMITINDECEMBER
India's technology hub,Bangalorewill host 'IndiaNano' summit Dec 4-5 to showcase research and development and applications in nano- science and nano-technology, an official said Monday.
"There is no part of human life that is not touched by nano-science and nano-technology, which deal with structures and materials on the scale of a nanometer, a unit of spatial measurement equivalent to one billionth of a metre," Karnataka Science and Technology Secretary SrivatsaKrishna said at a preview of the summit's seventh edition here.
Organisedby the science and technology department in partnership with the academia and industry, the two-day mega event will feature an international conference, product and technology expo, tutorials, research industry collaboration hub, nanofor the young programme, a poster session and excellence awards.
Source: http://www.business-standard.com

31. SECTION13 (SPIRITUALITY)

32. व्रत एवॊ ऩवम
विक्रम संित् 2071 बाद्रऩद शुक्र सप्तभी से आस्श्वन शुक्र षष्ठी तक
शक संित् 1936 याष्रीम बाद्रऩद 10 से याष्रीम आस्श्वन 8 तक
हिजरी सन् 1435 स्जल्काद 5 से स्जरदहज्ज 4 तक
Source: http://www.jagran.com/spiritual/panchang-news-hindi.html
2 ससतंबर श्रीयाधाष्टभी व्रतोत्सव (फयसाना), स्वाभी हरयदास जमन्ती (वृन्दावन) नन्दा अष्टभी, श्रीदुगामष्टभी व्रत, श्रीअन्नऩूर्ामष्टभी व्रत, दधीचच जमन्ती, भहारक्ष्भी अष्टभी-व्रत प्रायम्ब (ऩूवाांचर), रक्ष्भीकुण्ड-स्नान शुरू (काशी), ज्मेष्ठा नऺत्र भें ज्मेष्ठागौयी का ऩूजन, तन:शल्म अष्टभी (ददग.जैन), दुफरी आठभ (श्वे.जै.)

33. .
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