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ICAI submits Pre-Budget Memoranda-2017
10 December 2016 at 15:42ICAI submits Pre-Budget Memoranda-2017 PFA the file to know in details
Seizure of Rs 106 crore Cash and 127 kg Gold in Chennai
10 December 2016 at 15:42Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesSeizure of Rs. 106.52 crore Cash and 127 kg Gold in the case ofSand mining Contractors at Chennai by the Income Tax DepartmentThe Investigation Directorate of Inc
ICAI advises CAs to watch the national interest as uppermost while advising client in the backdrop of Demonetisation
09 December 2016 at 18:31December 9, 2016ANNOUNCEMENTFor attention of MembersDemonetisation Policy announced by Government of India- An Advisory for Members As you may be aware, the ICAI has always been supportive of the bold initiatives taken by the Government in strengthen
11 incentives given by Govt for promotion of digital and cashless economy
09 December 2016 at 11:07In the aftermath of the cancellation of the legal tender character of old Rs.500 and Rs.1,000 notes, there has been a surge in the digital transactions through use of credit/debit cards and mobile phone applications/e-wallets etc. To further accelera
Rs 427684 crore issued to public since demonetisation by banks
09 December 2016 at 10:52Activity at Banks during November 10 to December 7, 2016Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangeme
Innovative Methods of Laundering and Transportation of Cash found by Income tax department
09 December 2016 at 10:51Income Tax Sleuths Unearth Innovative Methods of Laundering and Transportation of Cash at Mumbai, Nagpur and Ahmedabad Income tax investigations atMumbailed to the revelation of a syndicate of ground level operators active in converting banned curren
Govt waives service tax for payment made below Rs 2000 by card
09 December 2016 at 10:21Government waives service tax charged while making payments through credit card, debit card, charge card or any other payment card; waiver limited to payments up to Rs. 2,000 in a single transaction When a customer uses a credit card, debit card, ch
Inflow of funds into Jan Dhan accounts not alarming says Govt
08 December 2016 at 11:03Inflow of Funds into Jan Dhan Accounts not alarming; Income Tax Department identifies the local clusters and Bank Branches where the inflow of Jan Dhan deposits have been more than normal Since the time the Government has alerted people not to allow
RBI Withdraws the Incremental CRR
07 December 2016 at 16:29On November 26, 2016 the Reserve Bank had announced an incremental cash reserve ratio (CRR) of 100 per cent of the increase in net demand and time liabilities (NDTL) of scheduled banks between September 16, 2016 and November 11, 2016 effective the fo
Syllabus for the Limited Insolvency Exam of ICAI to become Insolvency Professional
07 December 2016 at 16:29Syllabus for the Limited Insolvency Examination on 31st December, 2016 to become Insolvency ProfessionalInsolvency and Bankruptcy Board of IndiaLimited Insolvency ExaminationThe Board hereby publishes the syllabus, format and frequency of the �
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