CAclubindia News

Central govt sends a team to states to report on status of implementation of demonetisation

22 November 2016 at 10:51

The Central Government constitutes Committees of Addl. Secretaries/Joint Secretaries/Directors for visiting States/UTs and reporting about the status of implementation of its recent decision relating to cancellation of legal tender of high denominati

Posted in Community & General | 1 comments | 2850 Views

Salary Advance for Nov 2016 to be paid to Non-Gazetted Employees of Central Government

21 November 2016 at 10:48

Salary Advance for the Month of November, 2016 to be paid to Non-Gazetted Employees of Central Government

Posted in Community & General | 1 comments | 4455 Views

ICAI denies any leakage of question paper of Direct tax law exam

21 November 2016 at 10:48

No leakage of question paper relating to Paper 7, Direct Tax Laws of CA Final examination held on 13th November 2016.Our attention has been drawn to some unfounded reports in social media on alleged leakage of question paper relating to Direct Tax La

Posted in Students | 2 comments | 10416 Views

686 petrol pumps have begun dispensing cash against swiping of debit cards

18 November 2016 at 17:45

Cash dispensing facility had become operational at 686 retail outlets by 4 p.m today, of which 350 belonged to IOCL, 266 to BPCL and 70 to HPCL.

Posted in Community & General | 2 comments | 4608 Views

Govt warns 2.5 lac exemption for cash deposit not for bank accounts that are misused

18 November 2016 at 17:11

Strict Action against Tax Evaders using other persons� Bank Accounts to convert their Black Money into New Denomination Notes;�Person(s) who allows His Or Her Bank Account to be misused for this purpose can be Prosecuted for Abetment under Income Tax

Posted in Income Tax | 4 comments | 24372 Views

Transactions in relation to which quoting PAN is Mandatory

18 November 2016 at 10:47

The Income Tax Department prescribes a list of transactions for which quoting of Permanent Account Number (PAN) is mandatory. These are listed in Rule 114B of the Income Tax Rules, 1962 which were first inserted with effect from 1st November, 1998 an

Posted in Income Tax | 2 comments | 5367 Views

Limit reduced to Rs 2000 for daily exchange of notes

17 November 2016 at 11:46

The Central Government takes several decisions to facilitate farmers, small traders, Group 'C' Employees of Central Government including equivalent levels in the Defence and Para Military Forces

Posted in Income Tax | 1 comments | 13938 Views

Bank to report to IT dept cash deposit of more than 2.5 lac in savings and 12.5 lac in current account

16 November 2016 at 19:12

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXESNOTIFICATIONNew Delhi, the 15th November, 2016G.S.R 1068(E).- In e

Posted in Income Tax | 24879 Views

Financial documents called of the applicants for MEF 2016-17

16 November 2016 at 18:44

PD/A- 346 /2016 Dear Sir(s)/Madam, Sub: Multipurpose Empanelment for the year 2016-17 It has been decided to call for Financial Documents of the applicants for Multipurpose Empanelment, for the year 2016-17. The above MEF has been selected as one

Posted in Community & General | 4062 Views

GST bill to be presented in Winter session of Parliament

16 November 2016 at 11:50

PM urges Parties to work together to change negative perception of people about politicians PM calls for discussion on the State funding of elections and the simultaneous polls Finance Minister says Government was fully prepared for withdrawal of hi

Posted in GST | 2 comments | 4821 Views