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On 19 August 2007 at 07:20
The Insurance Regulatory and Development Authority of India (IRDA) has banned unit-linked insurance plans (ULIPs) in which charges are based on a complex structure, making it difficult for policyholders to comprehend. Such products in insurance parla
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Others | 0 comments | 478 hits
On 19 August 2007 at 00:04
The Reserve Bank is considering the use of long-lasting and more durable plastics for printing currency notes, to replace paper notes that have a shorter life. "The bank is deliberating upon the option of bringing in plastic currency which can be a m
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Others | 0 comments | 276 hits
On 18 August 2007 at 23:53
The Income Tax Department has moved the Supreme Court against the ruling by a quasi-judicial body which held that foreign firms are not liable to pay tax on assignment amount charged from their Indian subsidiaries if contracts are signed outside the
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Income Tax | 0 comments | 274 hits
On 18 August 2007 at 03:54
ICAI has started acceping entries for the EXCELLENCE IN FINANCIAL REPORTTING awards for the FY 2006-07 Annual Report.Entry form is available on the institute website.Last date for submission is 30th September,2007.
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Accounts | 0 comments | 570 hits
On 18 August 2007 at 02:07
Notification - Enhancement in Entitlement of Articled AssistantsTo download the same click on the link belowhttp://www.caclubindia.com/files_display.asp?files_id=974
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Career | 0 comments | 772 hits
On 17 August 2007 at 10:37
The Institute of Cost and Works Accountants of India (ICWAI) is all set to mandate a three-year articleship against thesix-monthatpresent. ICWAI newly-elected president Chander Wadhwa told FE that the governing body has decided to go for a longer tra
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Career | 2
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On 16 August 2007 at 08:09
E-filing of income tax returns is likely toincrease sharply to 3 million in the current financial year (2007-08),up from around 322,000 in 2006-07. Non-corporate assessees, whose accounts are auditedunder Section 44AB of the Income Tax Act, are
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Income Tax | 0 comments | 536 hits
On 16 August 2007 at 07:48
Not paying your taxes in time could soon result in heftier fines and longer prison sentences if proposals being considered by the income-tax department are any indication. According to sources, as part of its proposed restructuring of penalties for t
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Income Tax | 0 comments | 437 hits
On 16 August 2007 at 01:02
In addition to the present shortage of 25,000 qualified finance professionals, there will be a demand for 10 lakh accountancy-trained personnel in the next 10 years at a the junior level, says Mr Chandra Wadhwa, the newly elected President of the Ins
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Accounts | 0 comments | 1062 hits
On 15 August 2007 at 06:28
The Tax Return Preparer (TRP) scheme of the Income Tax department is facing an uncertain future, or so it appears. A cross section of TRPs accept that the scheme has not generated much income. No wonder many are contemplating to quit. The pilot schem
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Income Tax | 2
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