Community & General News
CMA -President Communique for March, 2013
05 March 2013 at 13:19Arise, Awake and Stop not till the Goal is reached. -Swami Vivekananda Dear Professional Colleagues, The month of March has begun and I hope you all must be very busy with your professional assignments.
Slew of Administrative Measures for Optimum Efficiency of the Tax Regime
01 March 2013 at 11:52The Finance Minister has proposed to continue the series of administrative measures for improving the overall efficiency of the tax regime. Presenting the Union Budget in the Lok Sabha today, Shri P.Chidambaram said that he proposed to expand the
Indirect Taxes - Highlight of Tax Proposals of Union Budget 2013-14
01 March 2013 at 10:45Service tax Voluntary Compliance Encouragement Scheme, 2013 (VCES) is proposed to be introduced to encourage voluntary compliance and broaden the tax base. In this scheme, it is proposed to provide one time amnesty by way of (i) waiver of intere
Direct Taxes - Highlight of Tax Proposals of Union Budget 2013-14
01 March 2013 at 10:44The Direct Taxes Code Bill is to be re-introduced before the end of this Budget Session. The Bill is expected to give due weightage to the recommendations of the Parliamentary Standing Committee on Finance and incorporate the best global practic
ICAI Perspective :Economic Survey-2012-13
01 March 2013 at 10:44The Institute of Chartered Accountants of India (ICAI) welcomes the Economic Survey 2012-13 which shows that although the economy exhibited moderate growth rate during 2012-13 but its growth rate is much higher and better than the global growth ra
Service Tax - Amendments proposed in Chapter V of the Finance Act, 1994
28 February 2013 at 22:53SERVICE TAX I. AMENDMENTS PROPOSED IN CHAPTER V OF THE FINANCE ACT, 1994: Chapter V of the Finance Act, 1994, is being amended: (i) Definition of 'approved vocational education course' provided in section 65B (11) is being amended: fir
Provisions relating to Direct Taxes -Memorandum - Part 1- Finance Bill, 2013
28 February 2013 at 22:53Provisions relating to Direct Taxes -Memorandum - Part 1- Finance Bill, 2013
Provisions relating to Custom, Excise and Service Tax
28 February 2013 at 22:53Provisions relating to Custom, Excise and Service Tax - Memorandum - Part 2- Finance Bill, 2013
ICAI reacts on Budget 2013-14
28 February 2013 at 19:01Tax Proposals of the Union Budget 2013-14 The aim of Budget 2013-14 aptly addresses the need of the hour i.e., to accelerate growth through sustainable development and inclusive growth. The tax proposals are also in tandem with this overall aim
Budget Summary
28 February 2013 at 17:51The Union Budget for 2013-14 aims at ‘higher growth leading to inclusive and sustainable development.’ With this as mool mantra, the Finance Minister Shri P Chidambaram has sought to increase allocation to key areas and provide incentive
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