CAclubindia News
Indian Institute of Insolvency Professionals of ICAI granted registration
29 November 2016 at 10:44FM: Present Government has taken a new initiative by setting-up a modern insolvency mechanism based on the best practices in the world; Hope that it will deliver the desired results; Hands-over the Certificates of Registration to these two Insolvency
PM speaks at length on demonetizations in Mann ki baat
29 November 2016 at 10:44English rendering of the text of PM’s ‘Mann Ki Baat’ address on All India Radio on 27.11.2016 My dear countrymen, Namaskar. Last month, all of us were celebrating Diwali. Like every year, this Diwali too, I had gone to the border, t
Bill introduced by govt in Parliament to tax black money
28 November 2016 at 17:12Taxation Laws (Second Amendment) Bill, 2016 introduced in Lok Sabha; A scheme namely, Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 (PMGKY) proposed in the Bill. Evasion of taxes deprives the nation of crit
IBA directs banks to accept payment of instalments under IDS 2016
28 November 2016 at 10:34No.RB/CIR/OTC-IDS/1404A November 25, 2016 The Chief Executives of All Member BanksDear Sir/Madam,Income Declaration Scheme 2016 – Grievance regarding non-acceptance by banks of payments under IDS, 2016 through ITNS-286 We have received a commun
RBI Announces Measures to Manage Liquidity Conditions
28 November 2016 at 10:34With the withdrawal of the legal tender status of ₹ 500 and ₹ 1,000 denomination bank notes (hereafter referred to as Specified Bank Notes - SBNs) beginning November 9, 2016, there has been a surge in deposits relative to the expansion in bank credit
Revised Model Draft GST Law, IGST Law and GST Compensation Law Released by CBEC
26 November 2016 at 15:12Draft Model GST Law, Draft IGST Law and Draft Compensation Law placed in the public domain for information of trade, industry and other stake holders. The Draft Model GST Law, Draft IGST Law and Draft Compensation Law which would be considered by the
FM pushes banks for major cash less transaction
25 November 2016 at 10:59The Union Finance Minister Shri Arun Jaitley holds Video Conferencing with Banks for major push to cash less transactions; Banks to now focus on stepping-up Transactions in mission mode through alternate banking channels such as NEFT, mobile wallets,
No over the counter exchange of old notes from today
25 November 2016 at 10:59After due consideration of all relevant aspects, the Central Government takes various decisions relating to certain operational aspects of the Scheme relating to cancellation of legal tender character of old Rs. 500 and Rs. 1000 notes; No over the co
Steps taken by govt to promote digital payments
24 November 2016 at 11:13The Central Government takes various decisions for the benefit of farmers in the current Rabi Season and to promote digital payments in the economy. Following the cancellation of legal tender character of old Rs. 500 and Rs.1000 notes, a number of me
CAs are eligible for registration as insolvency professionals
24 November 2016 at 11:13Insolvency and Bankruptcy Board (IBBI) of India notifies (Insolvency Professional) Regulations, 2016; Regulations inter alia provide for registration, regulation and oversight of insolvency professionals under the Code; These regulations to come into
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