SARASWATI INSTITUTE OF FRONT RUNNERS (SIFR)

Sunday, March 31, 2013

Crash course batches for CS Students- All level at Delhi, Patel Nagar

“You may delay, but time will not.”

Saraswati Institute of Front Runners (SIFR) venture by Ravish Bhateja announces crash course cum fast track batches for CS Foundation, Executive & Professional Students for June 2013 attempt..

CS Foundation

Name of the Subject	Date
Business Law	7^th April & 14^th April
Accounts	7^th April & 14^th April
Business Communication	7^th April & 14^th April

Economics

7^th April & 14^th April

CS Executive Group 1:

Name of the Subject	Date
General & Commercial Laws	8^th April & 15^th April
Company & Cost Accounts	8^th April & 15^th April
Tax Laws	8^th April & 15^th April

CS Executive Group 2:

Name of the Subject	Date
Company Law	8^th April & 15^th April
Economic Labour Laws	8^th April & 15^th April
Securities Laws	8^th April & 15^th April

CS Professional: Group:1

Subject	Date
Company Secretarial Practices	7^th April & 14^th April
Drafting, Appearances & Pleadings	7^th April & 14^th April

Group:2

Subject	Date
Financial, Treasury & Forex Management	7^th April & 14^th April
Corporate Restructuring & Insolvency	7^th April & 14^th April

Group:3

Subject	Date
Strategic Management, Alliances & International Trade	7^th April & 14^th April
Advanced Tax Laws & Practice	7^th April & 14^th April

Group:4

Subject	Date
Due Diligence & Corporate Compliance Management	7^th April & 14^th April
Governance, Business Ethics & Sustainability	7^th April & 14^th April

Timings : Batches will be in both morning and evening

Best Faculty Members
Easy to understand & Exam oriented study material
Regular Doubt clearing session
Timely completion of syllabus
Routine tests for revision
Regular counseling sessions

Both full time & weekend batches available.

Registrations on first come & first serve basis.

* Online classes are also available.

T-55, West Patel Nagar, Near Khanna Market, Shadipur Metro Station, New Delhi-08.

Contact- 9350102101, 9015667204

E-mail id- ravishbhateja@gmail.com, rbsifr754@gmail.com

Limited seats available….Book your seats asap so as to avoid last minute rush..…. Hurry… Get enrolled now!!

Join SIFR & Feel the magic of everlasting success!!

Friday, March 1, 2013

Union Budget Highlights 2013-14

Following are highlights of the Budget 2013-14 :

FISCAL DEFICIT

* Fiscal deficit seen at 5.2 point of GDP in 2012/13

* Fiscal deficit seen at 4.8 point of GDP in 2013/14

* Faced with huge fiscal deficit, India had no choice but to rationalize expenditure

BORROWING

* Gross market borrowing seen at 6.29 trillion rupees in 2013/14

* Net market borrowing seen at 4.84 trillion rupees in 2013/14

* Short-term borrowing seen at 198.44 billion rupees in 2013/14

* To buy back 500 billion rupees worth of bonds in 2013/14

SUBSIDIES

* 2013/14 major subsidies bill estimated at 2.48 trillion rupees from 1.82 trillion rupees

* Petroleum subsidy seen at 650 billion rupees in 2013/14

* Revised petroleum subsidy for 2012/13 at 968.8 billion rupees

* Estimated 900 billion rupees spending on food subsidies in 2013/14

* Revised food subsidies at 850 billion rupees in 2012/13

* Revised 2012/13 fertiliser subsidy at 659.7 billion rupees

GROWTH

* India faces challenge of getting back to its potential growth rate of 8 point

* India must unhesitatingly embrace growth as highest goal

SPENDING

* Total budget expenditure seen at 16.65 trillion rupees in 2013/14

* Non-plan expenditure estimated at about 11.1 trillion rupees in 2013/14

* India's 2013/14 plan expenditure seen at 5.55 trillion rupees

* Revised estimate for total expenditure is 14.3 trillion rupees in 2012/13, which is 96 point of budget estimate

* Set aside 100 billion rupees towards spending on food subsidies in 2013/14

REVENUE

* Expect 133 billion rupees through direct tax proposals in 2013/14

* Expect 47 billion rupees through indirect tax proposals in 2013/14

* Target 558.14 billion rupees from stake sales in state-run firms in 2013/14

* Expect revenue of 408.5 bln rupees from airwave surcharges, auction of telecom spectrum, licence fees in 2013/14

CURRENT ACCOUNT DEFICIT

* India's greater worry is the current account deficit - will need more than $75 billion this year and next year to fund deficit

INFLATION

* Food inflation is worrying, will take all steps to augment supply side

TAX

* Proposes surcharge of 10 point on rich taxpayers with annual income of more than 10 million rupees a year

* To increase surcharge to 10 point on domestic companies with annual income of more than 100 million rupees

* For foreign companies, who pay the higher rate of corporate tax, the surcharge will increase from 2 pct to 5 per cent.

* To continue 15 point tax concession on dividend received by India companies from foreign units for one more year

* Propose to impose withholding tax of 20 point on profit distribution to shareholders

* Amnesty on service tax non-compliance from 2007

* 10 billion rupees for first installment of balance of GST (Goods and Services Tax) payment

* Propose to reduce securities transaction tax on equity futures to 0.01 point from 0.017 point

* Time to introduce commodities transaction tax (CTT)

* CTT on non-agriculture futures contracts at 0.01 point

CORPORATE SECTOR AND MARKETS

* To issue inflation-indexed bonds

* Proposes capital allowance of 15 point to companies on investments of more than 1 billion rupees

* Foreign institutional investors (FIIs) can use investments in corporate, government bonds as collateral to meet margin requirements

* Insurance, provident funds can trade directly in debt segments of stock exchanges

* FIIs can hedge forex exposure through exchange-traded derivatives

* Investor with less than 10 point stake in a company will be regarded as FII, more than 10 point stake as FDI (foreign direct investment)

* Stock exchange regulator will simplify know-your-customer norms for foreign portfolio investors

* To implement quickly recommendations of financial sector legislative reforms commission

* To cut factory gate duty on trucks to 13 pct from 14 pct

POWER AND ENERGY SECTOR

* Zero customs duty for electrical plants and machinery

* Move to revenue-sharing from profit-sharing policy in oil and gas sector

* To equalise duties on steam and bituminous coal to 2 point customs duty and 2 point cvd (countervailing duty)

FOREIGN TRADE

* To cut duty on exports of precious and semi-precious stones to 2 point from 10 point

* No duty on import of ships, vessels

BANKING

* To provide 140 billion rupees capital infusion in state-run banks in 2013/14

DEFENCE

* To allocate 2.03 trillion rupees to defence in 2013/14

AGRICULTURE

* To allocate 801.94 billion rupees to rural development in 2013/14

* Plan to allocate 270.49 billion rupees for agriculture in 2013/14

Source: Article, Times of India

* For Direct & Indirect Classes, Join SIFR. Contact at 9350102101, 9015667204.

Friday, February 22, 2013

New Syllabus CS Executive & CS Professional

New Syllabus of CS Executive Programme is being implemented with effect from 1st February, 2013 and the New Syllabus of CS Professional Programme is being implemented with effect from 1st September, 2013.

SUBJECTS/ PAPERS COVERED UNDER NEW SYLLABUS

EXECUTIVE PROGRAMME

MODULE 1

1. Company Law

2. Cost and Management Accounting

3. Economic and Commercial Laws

4. Tax Laws and Practice

MODULE 2

5. Company Accounts and Auditing Practices

6. Capital Markets and Securities Laws

7. Industrial, Labour and General Laws

PROFESSIONAL PROGRAMME

MODULE 1

1. Advanced Company Law and Practice

2. Secretarial Audit, Compliance Management and Due Diligence

3. Corporate Restructuring, Valuation and Insolvency

MODULE 2

4. Information Technology and Systems Audit

5. Financial, Treasury and Forex Management

6. Ethics, Governance and Sustainability

MODULE 3

7. Advanced Tax Laws and Practice

8. Drafting, Appearances and Pleadings

9. Electives – Any One out of below Five

Subjects

9.1. Banking Law and Practice

9.2. Capital, Commodity and Money Market

9.3. Insurance Law and Practice

9.4. Intellectual Property Rights - Law and Practice

9.5. International Business-Laws and Practices

SALIENT FEATURES / IMPORTANT POINTS REGARDING THE NEW SYLLABUS / REVISION IN FEES

1. All Foundation Programme students (Old Syllabus 2007 & New Syllabus 2012) passed in December, 2012 Session are required to be registered under Executive Programme (New Syllabus 2012) only.

2. The last examination under Foundation Programme (Old Syllabus 2007) will be held in June, 2013. From December, 2013 Session, all Foundation Programme (Old Syllabus 2007) students will be automatically switched over the New Syllabus 2012 (OMR Pattern).

3. The First Examination under Executive Programme (New Syllabus 2012) will be held in December, 2013.

4. The Last Examination under Executive Programme (Old Syllabus 2007) will be held in December, 2014 Session. From June, 2015 Session, all students will be automatically switched over to the Executive Programme (New Syllabus 2012).

5. Students getting registered to Executive Programme (New Syllabus 2012) during the period from 1st March, 2013 to 31st May, 2013, will be eligible for appearing in One Module (out of Two Modules) during December, 2013 Session. Similar system will be continued in subsequent sessions of examinations.

6. Executive Programme (Old Syllabus 2007) students may also seek switchover to Executive Programme (New Syllabus 2012). On switchover to the New Syllabus, they will be eligible for corresponding paper-wise exemptions as per the following details : -

EXISTING / OLD SYLLABUS		REVISED/ NEW SYLLABUS
PAPER	CODE	PAPER	CODE
General and Commercial Laws(*)	221	See Note below(*)	323
Company Accounts and Cost & Management Accounting	222	Cost and Management Accounting	322
Tax Laws	223	Tax Laws and Practice	324
Company Law	224	Company Law	321
Economic and Labour Laws(*)	225	See Note below(*)	327
Securities Laws and Compliances	226	Capital Markets and Securities Laws	326

* Note: In case the student has obtained 60 or more marks in paper 221 and 225 under old syllabus and has obtained the exemption as per rules, then, he shall be exempted to appear in paper 323 (Economic and Commercial Laws) and 327 (Industrial, Labour and General Laws) under new syllabus.

The option of switchover to New Syllabus is required to be exercised at the time of seeking enrollment to examinations and the study materials of New Syllabus, if any, required to be purchased by the students by paying the requisite amount.

7. The Professional Programme (New Syllabus 2012) will be implemented with effect from 1st September, 2013. The First Examination under the Professional Programme (New Syllabus 2012) will be held in June, 2014 and the Last Examination under the Professional Programme (Old Syllabus 2007) will be held in June, 2015. From December, 2015 Session, all students will be automatically switched over to the Professional Programme (New Syllabus 2012).

8. Executive Programme (Old Syllabus 2007) students passing the examinations in June, 2013 session and submitting their registration application upto 31st August, 2013 will be registered under Professional Programme (Old Syllabus 2007). All students getting registered to Professional Programme from 1st September, 2013 onwards will be registered under Professional Programme (New Syllabus 2012).

9. Students getting registered to Professional Programme (New Syllabus 2012) during the period from 1st September, 2013 to 30th November, 2013, will be eligible for appearing in One Module (out of Three Modules) during June, 2014 Session. Similar system will be continued in subsequent sessions of examinations.

10. Professional Programme (Old Syllabus 2007) students may also seek switchover to Professional Programme (New Syllabus 2012). On switchover to the New Syllabus, they will be eligible for corresponding paper-wise exemptions as per the following details : -

EXISTING / OLD SYLLABUS			REVISED/ NEW SYLLABUS
PAPER	CODE		PAPER		CODE
Company Secretarial Practice	231		Advanced Company Law and Practice		331
Drafting, Appearances and Pleadings	232		Drafting, Appearances and Pleadings		338
Financial, Treasury and Forex Management	233		Financial, Treasury and Forex Management		335
Corporate Restructuring & Insolvency	234		Corporate Restructuring, Valuation and Insolvency		333
Strategic Management, Alliances & International Trade		235		NIL
Advanced Tax Laws and Practice	236		Advanced Tax Laws and Practice		337
Due Diligence and Corporate Compliance Management	237		Secretarial Audit, Compliance Management and Due Diligence		332
Governance, Business Ethics and Sustainability	238		Ethics, Governance and Sustainability		336

The option of switchover to new syllabus is required to be exercised at the time of seeking enrollment to the examinations and the study materials of New Syllabus, if any, required to be purchased by the students by paying the requisite amount.

Source : icsi.edu

* For CS Foundation/Executive & Professional Classes or any other enquiry , Contact at 9350102101, 9015667204

Or write to us at ravishbhateja@gmail.com, rbsifr754@gmail.com