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Date for deposit of old notes extended for citizens who were abroad

   02 January 2017 at 10:42

RBI introduces Facility for Citizens and NRIs who were Abroad for Exchange of SBNs The Reserve Bank of India has introduced a facility of exchange of specified bank notes (SBNs) to give an opportunity to Indian citizens and non resident Indian (NRI)

Posted in Community & General  1 comments |   3594 Views


Achievements made under various Schemes including PMJDY

   02 January 2017 at 10:42

Large scale achievements made under various Schemes including PMJDY; 26.03 crore accounts opened as on 21st December, 2016 under PMJDY out of which 15.86 crore accounts are in rural areas and 10.17 crore in urban areas; Deposits worth Rs. 71,557.90 c

Posted in Community & General  1 comments |   3231 Views


Cabinet Decisions-Chronological since 27.05.2014

   02 January 2017 at 10:42

27.05.20141. Constitution of Special Investigation Team in compliance with the judgement of Hon�ble Supreme CourtThe Union Cabinet today approved constitution of Special Investigating Team (SIT) to implement the decision of the Hon�ble Su

Posted in Community & General |   3228 Views


Next Level of TDS Compliance in Year 2017

   02 January 2017 at 10:42

Dear Deductor,Centralized Processing Cell (TDS) wishes you Seasons' Greetings and a Very Happy New Year 2017!The past year witnessed a fantastic journey for CPC (TDS) in many ways, with your valued partnership as our key stakeholders. While we ob

Posted in Income Tax |   7620 Views


Recent Decisions of Ethical Standards Board of ICAI

   31 December 2016 at 11:52

ESB DECISIONS A chartered accountants in practice cannot become Financial Advisors and receive fees/commission from Financial Institutions such as Mutual Funds, Insurance Companies, NBFCs etc. A chartered accountant cannot exercise lien over the clie

Posted in Professional Resource |   5094 Views


Year end review of economy for 2016

   31 December 2016 at 11:52

During the current Financial Year 2016-17, the Indian Economy continues to consolidate the gains achieved in restoring macro-economic stability

Posted in Community & General |   2868 Views


President approves the Promulgation of the Specified Bank Notes

   31 December 2016 at 11:52

The President of India approves the Promulgation of the Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016 today; The President of India has approved the promulgation of the Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016

Posted in Community & General  1 comments |   2454 Views


Cash withdrawal limit from ATM increased to Rs 4500 daily

   31 December 2016 at 10:27

RBI/2016-17/204DCM (Plg) No. 2142/10.27.00/2016-17The Chairman / Managing Director/ Chief Executive Officer,Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative BanksDistrict cen

Posted in Community & General |   10527 Views


Direct Tax Dispute Resolution Scheme- 2016 Extended up to 31st Jan, 2017

   30 December 2016 at 20:57

Government of India Ministry of FinanceDepartment of Revenue Central Board of Direct Taxes New Delhi, 30th December, 2016. Direct Tax Dispute Resolution Scheme- 2016 Extended up to 31st Jan, 2017 In order to reduce the pending litigation, the Direc

Posted in Income Tax |   2631 Views


ICAI President's Message - January 2017

   30 December 2016 at 13:07

Circa 2016 - A year that will be remembered in the history of India as a path breaking, decisive, dramatic period that sought to reinitialise the country towards a digital economy.

Posted in Professional Resource |   4122 Views



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