The Finance Bill 2013-14 proposes a surcharge of 10 per cent on persons whose taxable income exceed Rs. 1 crore per year. This will apply to individuals, HUFs, firms and entities with similar tax status. Presenting the Union Budget in the Lok Sa
ICAI e-Journal (March 2013)
It is my privilege as the 61st President of ICAI to formally welcome our accounting stakeholders that include our members, students and employees of the Institute.
The Economic Survey 2012-13 presented by the Union Finance Minister, Shri P. Chidambaram in the Lok Sabha today states that the Gross Tax Revenue in April-December, 2012 has grown year-on-year by 15% to reach Rs. 6,83,345 crore. This was higher th
More than 6 Per Cent Growth Forecast for Next Fiscal Considerable Enhancement for Social Sector Spending India on Verge of Creating Quality Jobs to Seize ‘Demographic Dividend’ Indian economy is likely to grow between 6.1% to 6.7%
26 new passenger services, 8 DEMU services and 5 MEMU services to be introduced Frequency of 24 trains to be increased 72 additional services to be introduced
The Reserve Bank of India today released on its website, the Guidelines for “Licensing of New Banks in the Private Sector”. Key features of the guidelines are: (i) Eligible Promoters: Entities / groups in the private sector, entities
Ladies and gentlemen, we are looking forward to a very productive, constructive session of Parliament. That is what our country’s people expect Parliament to do. We are meeting against the background of global slowdown of economic activity w
The Central Government is disappointed to note that a section of the bank employees has decided to join the strike called by certain Trade Unions on February 20-21, 2013. Prime Minister of India has made an appeal to the Trade Unions not to go s
The Last Date for On-line Application for empanelment of Chartered Accountants for the year 2013-14 with the O/o C&AG has been extended to 22nd February 2013
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