MBA Risk & Insurance, FOC BHU

25/09/2017

http://wap.business-standard.com/article/current-affairs/bhu-protest-from-sexist-rules-to-unruly-force-and-political-mudslinging-117092500563_1.html
Thanks Akash Singh for raising the voice of BHU

A demonstration by BHU students, mostly women, seeking safety for women, escalated into a full-blown political drama after security personnel used force to disperse the protesters.

09/04/2017

What is different between fake ITR and actual ITR and how we detect?

Most of income tax returns are filed online and taxpayers are giving the computerized printed copy as an acknowledgement of Income Tax Return, called as ITR-V. Therefore it is difficult for bankers to check the genuineness of ITR as it is just computerized printed pdf copy. Following are the two options for verification of ITR acknowledgement.

1.The best option of verification of ITR- V is to ask the taxpayer to login income tax e-filing website (incometaxindiaefiling.gov.in) and download the ITR-V in front of bankers to check its genuineness. In this process bankers can get the genuine ITR on his own computer.But most of taxpayers do not remember the password so it is not practically possible to follow this procedure for each banker

2 – Verify the ITR-V Receipt status

When banker wants to check the genuineness of ITR and when online login of taxpayer is not possible then the banker has following option to verify the ITR acknowledgement:-

Click on the given link below:

https://incometaxindiaefiling.gov.in/e-Filing/Services/ITRVStatusLink.html

Give the input of

1. PAN / e-Filing Acknowledgement number

2. Assessment year

3. and image i.e. Captcha Code

When you give the PAN and other Details you will get the ITR-V status in following ways

1. When return is not filed, you will get the status as “No return has been filed for this PAN and assessment year or e-filing acknowledgement number”

2. When return filed and it is digitally signed then you will get the status as -“E-return for this assessment year or acknowledgement number is digitally signed”

3. When return filed and it is NOT digitally signed then there are two possibilities

a. ITR filed online but signed acknowledgment is NOT received by Income Tax Department – CPC, Bangalore – You will get the status as ITR-V not received

b. ITR filed online but signed acknowledgment is received by Income Tax Department – CPC, Bangalore – You will get the status as ITR-V received

Drawbacks of verification by second option

We can verify only PAN and acknowledgement number but not data (like gross total income, taxes paid, etc,). If PAN and acknowledgement number is correct, but other data of the ITR-V is fabricated, then it is not possible to track such fabrication in this verification method.

Banker can also verify the ITR-V on the basis of some observations tools (applicable when return is not digitally signed), as given below:

1.Confirm that last six digits of acknowledgement number is date of filing return, as mentioned on the acknowledgement.

2. Check bar code carefully, the first 10 characters is the PAN, also check bar code also
contain 15 digits acknowledgement number.

This is to inform that by clicking on the hyper-link, you will be leaving e-Filing Portal and entering website operated by other parties. Such links are provided only for the convenience of the client and e-Filing Portal does not control or endorse such websites, and is not responsible for their con...

03/07/2012

Residents return to Mountain Shadows to survey the damage left by Tuesday's wildfire. http://bit.ly/N5x57w /Nathan

03/07/2012

02/06/2012

Insurance Events in the month of May 2012.

Corporate Risk Management And Compliance Forum

2nd - 3rd May 2012

Westem Mumbai Garden City

With an attempt to overcome corporate risks and related industry financial threats; ‘The Ideas Exchange’ is proud to return with an industry changing forum for finance and risk professionals in the Indian market. Join us to get the inside story of mitigating risks in the corporate sector. Learn about the core elements influencing markets and effecting finance and risk officials.

This year’s comprehensive agenda features in-depth sessions focusing on the CFO view and thoughts on the current market reforms and changes affecting the risk culture. Economic volatility, updates about the application of new anti-risk frameworks and latest practices in risk management.

Alongside these cutting edge topics will be the discussion on role played by the CRO in the ERM framework and the new threats to your business in the current market all contributing to our informative programme.

Be a part of and invest your time with world renowned solution providers at our ‘Intensive workshops’ and learn about the latest risk handling technologies and trends worldwide.

If you are the one who makes the last call of judgement against financial and corporate risk at your organization , DON’T MISS this chance to benchmark your methodologies against those of your peers. A must attend event for those who want an insightful review from the CFO’s and risk management professional’s themselves on the implications of recent risk management trends and strategies.

For more details about the event, agenda and speaking opportunities please contact Sijo Rodrigues at [email protected] or call at 0091 22 6171 3212

Contact

Vijay Raj on
0091 22 6171 3213 or
[email protected]

19/04/2012

National Conference on Innovative Management Practices in Banking & Insurance Industry - A Global Perspective

12/04/2012

All the Students who are going to Participate in the Cultural Event @ National Conference on Banking & Insurance Industry of India. Will get Momento (A Token of Love By Insurance Institute of India, Mumbai) & A Certificate of Participation Team MFM-RI BHU . . . . . . . . . . . Tomorrow is final audition from 11 am onwards for details contact Vishnu Agrahari, Abul fazal, Shalini Dutt & Pankaj Pandey jee

06/04/2012

Cultural Event @ National Conference

Those Students who are willing to participate in the cultural event going to organise on the National Conference Evening are kindly requested to give their names & events details as soon as possible.

The events are:

Skit.
Short Plays.
Mono Acting.
Instrumental (Percussion/Non Percussion).
Solo Dance/Group Dance (Classical or Western).
Folk Dance/Tribal Dance.
Solo Song/Group Song (Classical or Western).
Mimicry.
Poetry.

Event Date: 14th April, 2012 (Evening)
Event Venue: Prof. K. N Udupa Auditorium, IMS BHU.

06/04/2012

Feel good when somebody Miss you.
Feel better when somebody Loves you.
But feel best when somebody never forgets you.

Wish you very very happy GOOD FRIDAY & Mahaveer Jayanti from the entire team of MFM-RI BHU GROUP to everybody..!!

04/04/2012

Hi Friends, I would like to share this small story I found surfing the net.... Check out if you also like it:

A keen immigrant Indian Marwadi lad applied for a salesman's job at Newyork's premier downtown department store.

In fact, it was the biggest store in the world - you could get anything there.

The boss asked him, "Have you ever been a salesman before?"

"Yes sir, I was a salesman in India", replied the lad.

The boss liked the cut of him and said, "You can start tomorrow and I'll come and see you."

The day was long and arduous for the young man, but he got through it.

And finally 6:00 PM the Boss came around. The boss asked him, "How many sales did you make today?"

"Sir, Just ONE sale." said the young salesman.

"Only one sale?" blurted the boss."You see - here most of my staff make 20 or 30 sales a day.. "If you want to keep this job, you'd better be doing better than just one sale. By the way "How much was the sale worth?"

“$300000" said the young Marwadi.

"What??"," How did you manage that?" asked the flabbergasted boss.

"Well", said the salesman, "This man came in and I sold him a small fish hook, then a medium hook and finally a really large hook.

Then I sell him new fishing rod and some fishing gear. Then I asked him where he was going fishing and he said down the coast. So I told him he'd be needing a boat, so I took
him down to the boat department and sold him that twenty-foot schooner with the twin
engines. Then he said his Volkswagen probably wouldn't be able to pull it, so I took
him to our automotive department and sold him that new Deluxe 4X4 Blazer.

I then asked him where he'll be staying, and since he had no accommodation, I took him
to camping department and sold him one of those new igloo 6-sleeper camper tents.

Then the guy said, while we're at it, I should throw in about $100 worth of groceries and two cases of beer.

The boss took two steps back and asked in astonishment, "You sold all that to a guy who
came in for a fish hook!!"

"No" answered the salesman, "he came in to buy a box of Sanitary napkins for his wife
and I said to him, "Sir, your weekend's screwed anyway. You might as well go fishing."

Boss - "You sit in my chair......."

04/04/2012

MFM-RI BHU in Media

02/04/2012

Call for Papers in Insurance National Conference on 14th & 15th April 2012

Dear Sir/Madam

We have great pleasure to inform you that Faculty of Commerce, Banaras Hindu University, jointly with Varanasi Insurance Institute, Varanasi is organising two days national conference on "Innovative Management Practices in Banking and Insurance Sector - A Global Perspective" at K.N. Udupa Auditorium, BHU, Varanasi on April 14-15, 2012. A large number of academicians from different universities, colleges and executives from insurance industry from different parts of the country are expected to participate in the conference. They will be deliberating on the various burning issues of the insurance industry in India which may help to formulate better strategies for popularizing insurance products and thereby improving insurance pe*******on in the country.

Research Papers/Articles and Case Studies from practitioners, academicians, research scholars and students are invited for presentation in the national conference in hard as well as soft (in MS Word, Font : Times New Roman, 12 size and 1.5 line spacing) copies. The full paper along with abstract (in maximum two hundred words) must reach Prof. H. K. Singh, Organising Secretary, National Conference on Innovative Management Practices in Banking & Insurance Sector – A Global Perspective, Faculty of Commerce, B.H.U., Varanasi-221005 latest by April 10, 2012 for details visit http://www.mfmribhu.com/

Certificates for paper presentation will be issued only to the registered delegates. The delegates are required to submit the registration form duly filled in along with registration fee in Cash or through Cheque/Draft in favour of “Treasurer, Banking and Insurance Conference 2012” payable at Varanasi.

Master of Financial Management (Risk and Insurance) MFM-RI has a mission of catering to the changing needs of Banking and Insurance Industry in particular and larger society in general by providing expert professionals who are specialized for this sector.