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Indirect tax revenue sees a rise of 36.8% in October
13 November 2015 at 10:40Indirect Tax Revenue (Provisional) collections during October 2015 increased by 36.8% as compared with collections made in October 2014;Cumulatively, during April-October 2015, Indirect Tax Collections increased by 35.9% over the collections made dur
Scheme for speedy grant of refund accumulated in cenvat credit
13 November 2015 at 10:40Scheme formulated for Speedy grant of refund of accumulated and unutilised CENVAT credit to help in ease of doing business by unlocking the accumulated credit. Exporters of services today accumulate CENVAT credit on both input services and input goo
List of polling booth for ICAI election
09 November 2015 at 11:11FOR ATTENTION OF CANDIDATES AND VOTERS7th November, 2015Re: Updated list of Polling Booths for election to the Twenty Third Council and Twenty Second Regional Councils to be held in December 2015. The updated list of Polling Booths (Region-wise) alon
Draft interpretation on uncertainty over income tax treatments
09 November 2015 at 11:11Draft Interpretation published by the IFRS Interpretations Committee for comment only. Comments on the Draft Interpretation need to be received by December 21, 2015. The International Accounting Standards Board�s IFRS Interpretations Committee
ICAI president meets minister to discuss issues in appointment of stat auditors for public sector banks
09 November 2015 at 11:11CA. Manoj Fadnis, President, ICAI and CA. Anuj Goel, Member, Central Council & Chairman, Professional Development Committee met and represented before Hon'ble Minister of State for Finance, Shri Jayant Sinha on 6th Novemeber, 2015 to discuss
Govt imposes 0.5% Swachh Bharat cess on all services from Nov 15
06 November 2015 at 23:10Government decides to impose a Swachh Brarat Cess at the rate of 0.5% on all serviceS presently liable to service tax, with effect from 15th November 2015; Proceeds from this cess to be exclusively used for Swachh Bharat initiatives Swachh Bharat Ce
Summary of the Recommendations of the Bankruptcy Law Reforms Committee
05 November 2015 at 10:36Following is the Summary of the Recommendations of the Bankruptcy Law Reforms Committee (BLRC) The Report of the BLRC is in two parts: i. Rationale and Design/Recommendations;ii. A comprehensive draft Insolvency and Bankruptcy Bill covering all entit
ICAI proposal to least developed countries for developing their accounting profession
04 November 2015 at 10:30Aiding transition and emerging economies, ICAI has been advocating the need for creating a sustainable framework of accounting in countries lacking accounting Infrastructure/where accountancy profession is evolving for creating a cadre of accounting
Person holding directorship in more than 20 companies
04 November 2015 at 10:29Among others Special Investigation Team (SIT) calls for greater vigilance by law enforcement and intelligence agencies while examining the cases of persons holding Directorship in more than 20 Companies and where more than 20 companies are operating
PM to Launch Gold Related Schemes on 5th November, 2015
04 November 2015 at 10:29The Prime Minister Shri Narendra Modi will launch the four mega Gold related Schemes i.e. Gold Monetisation Scheme (GMS), Gold Sovereign Bond Scheme, Gold Coin Scheme and the Gold Bullion Scheme on Thursday, 5th November, 2015 in the national capital
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