Thursday, May 17, 2012

Adviser, Jobs & Vacancy in Others at IDBI Bank , Mumbai May 2012

Adviser,  Jobs at  IDBI Bank , Mumbai May 2012
Job or Vacancy Description:
Recruitments in IDBI Bank are strictly on all India basis by open competition and the Bank has not hired or authorized any agency or organization or any individual to recommend or recruit any personnel on its behalf or collect any money or commission or charges for recruitment or training or coaching, etc.
Name of the Post : Adviser (Taxation) on contact basis
No. of Post : 1
Job Profile :
The Adviser (Taxation) should :
**handle matters relating to filing of Tax Returns, Wealth Tax Returns, Service Tax Returns and related assessment & appeals.
**handle independently Corporate Tax disputes and should be well conversant with Tax Laws.
**deal with matters relating to Excise Department.
**be able to guide the Taxation Cell of the Bank in framing and devising tax related policy issues.
**be able to guide the Bank in all Tax related aspects and issues.
Period :
The contract would be for a period of 3 years from the date of appointment and reviewed after completion of every year. The contract will come to an end automatically on
completion of the contract period, unless renewed or on attaining 60 years of age as the case may be. There shall be no obligation on the part of the Bank either to renew the contract at the end of 3 years or to issue a formal order of termination of contract.
Remuneration : The remuneration shall be consolidated upto ` 1.5 lakh per month. 1.3.
Accommodation : The officer will get ` 25,000/- per month toward accommodation.
Maximum Age (Yrs) : 55
Education Qualification :
Minimum : Graduation in Commerce/ Accountancy from a recognized University.
Post Graduation in Commerce / Accountancy, MBA / CA/ ICWA will be preferred.
Experience :
Minimum 12 years of experience as an officer in areas of taxation and related issues out of which atleast 10 years should have been preferably in Income Department of Central Board and Direct Taxes (CBDT) as an Income Tax Officer or Assistant Commissioner of Income Tax (ACIT);
OR Minimum 15 years of experience as an officer handling taxation matters in a big corporate i.e. with an annual turnover of Rs. 500 crore or above (as per the latest audited balance sheet).
How to apply :
i)The applicants are advised to fill their applications strictly as per the format provided by Bank on its websites.
ii)The application form along with attested copies of relevant certificate/s may be sent by ordinary post only.
iii)The application form complete in all respects and duly signed should be sent in a cover super scribed as “Application for the post of Adviser (Taxation) on contract basis – April 2012” and addressed to
The General Manager
Recruitment Section,
Human Resources Department,
IDBI Bank Ltd., IDBI Tower,
21st floor, WTC Complex,
Cuffe Parade, Mumbai – 400 005.
General Instructions:
1 Selection process will consist of Personal Interview (PI) before the selection committee. The Bank will undertake a preliminary screening of the application for preparing, if necessary, a shortlist of eligible applicants to be called for PI. Thus, merely fulfilling the requirement laid down in the advertisement would not automatically entitle any candidate to be called for PI. PI shall be held at Mumbai center only.
2 The details regarding the time, date and address of the venue for the PI will be intimated to the short listed eligible applicants through Call Letters, which they should produce at the time of PI. Other instructions, if any, in this regard would also be displayed on the Bank’s websites. Applicants are, therefore, advised to visit the Bank’s websites at regular intervals. Applicant will not be allowed to appear for the PI without the call letter.
3 The applicants may please note that the call-letter issued to them should not be construed as an offer of employment.
4 All applicants shortlisted in the PI would be referred for pre-recruitment medical examination on same day or next day. Being referred for medical examination does not imply final selection, which may please be noted. The final selection or offer of employment would be made based on applicant’s performance in the PI, being found medically fit and subject to fulfillment of all other eligibility criteria with regard to age and qualification as stipulated in the advertisement.
5. In case, it is detected at any stage that the applicants do not fulfill the eligibility criteria and/or have furnished incorrect information or suppressed any material information, their candidature will be cancelled and if appointed, their services may be summarily terminated without any compensation thereof.
6.  In all matters regarding eligibility, minimum qualifying standards in PI, assessment thereof and communication of result, the Bank’s decision shall be final and binding on the applicants and no correspondence shall be entertained in this regard.Canvassing in any form will be treated as a disqualification.
7. The Bank reserves the right to reject any or all applications without assigning any reason/s thereto.Applicants already in service of Government/Quasi Government Organizations and Public Sector Banks/Undertakings will have to produce a ‘No Objection Certificate’ from their employer, at the time of PI. Before appointment in the Bank, a proper discharge certificate/Release Order/ Relieving letter from the employer will have to be produced.
8. The Bank reserves the right to raise/modify the eligibility criteria pertaining to educational qualification and/or work experience at its sole discretion without assigning reasons thereof.The Bank reserves the right to modify/amend/reverse/cancel any or all of the provisions of the recruitment process if need so arises, without any further notice and without assigning any reason thereof.
Tentative Last Date :25-05-2012
About the organization:
IDBI Bank Ltd. is a Universal Bank with its operations driven by a cutting edge core Banking IT platform. The Bank offers personalized banking and financial solutions to its clients in the retail and corporate banking arena through its large network of Branches and ATMs, spread across length and breadth of India. We have also set up an overseas branch at Dubai and have plans to open representative offices in various other parts of the Globe, for encashing emerging global opportunities. Our experience of financial markets will help us to effectively cope with challenges and capitalize on the emerging opportunities by participating effectively in our country’s growth process.Industrial Development bank of India (IDBI) was constituted under Industrial Development bank of India Act, 1964 as a Development Financial Institution and came into being as on July 01, 1964 vide GoI notification dated June 22, 1964. It was regarded as a Public Financial Institution in terms of the provisions of Section 4A of the Companies Act, 1956. It continued to serve as a DFI for 40 years till the year 2004 when it was transformed into a Bank.In response to the felt need and on commercial prudence, it was decided to transform IDBI into a Bank. For the purpose, Industrial Development bank (transfer of undertaking and Repeal) Act, 2003 [Repeal Act] was passed repealing the Industrial Development Bank of India Act, 1964. In terms of the provisions of the Repeal Act, a new company under the name of Industrial Development Bank of India Limited (IDBI Ltd.)
IDBI Tower,
21st floor, WTC Complex,
Cuffe Parade, Mumbai – 400 005.


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