Community & General News


Major Focus of the Government is to Bring Back the Growth Momentum: Finance Minister

   01 November 2014 at 11:15

The Union Finance Minister Shri Arun Jaitley said that the major priority of his Government is to bring back growth momentum into country’s economy. He said that higher growth leads to more revenue collections, better employment opportunities a

Posted in Community & General  1 comments |   11700 Views


ICAI - President's Message - November 2014

   01 November 2014 at 10:15

The recently launched Clean India Mission by our Government not only aims at correcting the country's reputation for poor public hygiene and rudimentary sanitation but also promises a positive economic impact.

Posted in Community & General  2 comments |   20289 Views


CBDT notifies jurisdictions of Principal CITs and CITs

   29 October 2014 at 10:55

CBDT notifies jurisdictions of Principal CITs and CITs Detailed information has been attached herewith

Posted in Community & General  1 comments |   14325 Views


FCRA regd association to incur exp above Rs 20000 in cheque

   28 October 2014 at 11:37

FCRA Department has issued a circular to incur expenditure above ` 20,000/- by cheque or draft. A copy of the circular has been enclosed herewith. The circular advises FC registered organisations to incur expenditure above ` 20,000/- by cheque or dra

Posted in Community & General |   14214 Views


Merger of NSEL with Financial technologies

   22 October 2014 at 10:46

The Central Government has decided on the merger of National Spot Exchange Limited with its holding company Financial Technologies (India) Ltd., in public interest under Section 396 of the Companies Act, 1956. A draft order in this behalf has been is

Posted in Community & General  4 comments |   16218 Views


Streamlining the Procedure for Grant of Industrial Licenses

   21 October 2014 at 11:23

Government of IndiaMinistry of Commerce & Industry Streamlining the Procedure for Grant of Industrial Licenses 1. Increasing the validity period of Industrial License As a measure of ease of doing business, henceforth two extensions of two yea

Posted in Community & General |   13305 Views


Bankruptcy Reforms Committee

   21 October 2014 at 11:22

Government of IndiaMinistry of Finance The Hon'ble Finance Minster in his Budget Speech of 2014-15 announced that an Entrepreneur friendly legal bankruptcy framework would be developed for SMEs to enable easy exit. Pursuant to the above announc

Posted in Community & General |   10521 Views


Collection of black money stashed abroad

   20 October 2014 at 11:47

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesPress Release on the filing of I.A. No. 14 in WP(C) No. 176 of 2009 (Ram Jethmalani & Ors V. Union of India), by Union of IndiaUnion of India has filed I.A. N

Posted in Community & General  4 comments |   15489 Views


Dr. Arvind Subramanian appointed as Chief Economic Adviser

   17 October 2014 at 10:45

The Appointments Committee of the Cabinet has approved the appointment of Dr. Arvind Subramanian as Chief Economic Adviser for a period of 3 years on contract basis, in the pay scale of Rs. 80000/- (fixed) from the date of appointment or till superan

Posted in Community & General  13 comments |   17061 Views


Clarification on matters relating to Consolidated Financial Statement

   16 October 2014 at 12:16

Clarification on matters relating to Consolidated Financial Statement Detailed information has been attached herewith

Posted in Community & General  1 comments |   13935 Views



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