CAclubindia News

Amendments in Companies Act

16 July 2014 at 12:34

Companies Act 2013 has been enacted only last year and so far a little more than half of its provisions have come into force. Matters arising from the operation of provisions already brought in force are getting attention of Government in the form of

Posted in Corporate Law | 1 comments | 20301 Views

Revision of monetary limits for filing of appeals by the Department before the ITAT

16 July 2014 at 10:27

Instruction No. 5/2014 - Revision of monetary limits for filing of appeals by the Department before Income Tax Appellate Tribunal, High Courts and Supreme Court - measures for reducing litigation. To read further in details, find the attachment enclo

Posted in Income Tax | 1 comments | 16287 Views

Highlights of Union Budget 2014-15

12 July 2014 at 11:43

Direct Tax Proposals Personal Taxation Basic exemption limit to be increased from Rs. 2 lakhs to Rs. 2.5 lakhs for taxpayer below the age of 60 years and from Rs. 2.5 lakhs to Rs. 3 lakhs, in case of senior citizens. The existing limit

Posted in Others | 4 comments | 35778 Views

Result of the Common Proficiency Test (CPT) held in June, 2014 is likely to be declared on Wednesday, the 16th July, 2014

12 July 2014 at 10:21

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA[Set up by an Act of Parliament] IMPORTANT ANNOUNCEMENT The result of the Common Proficiency Test (CPT) held in June, 2014 is likely to be declared on Wednesday, the 16th July, 2014 around 4.00 P.M. and

Posted in Students | 13 comments | 39483 Views

ICSI Welcomes the Union Budget 2014-15

11 July 2014 at 10:57

THE INSTITUTE OF COMPANY SECRETARIES OF INDIA (ICSI) WELCOMES THEUNION BUDGET 2014-15 “The Institute of Companies Secretaries of India (ICSI) welcomes the Union Budget 2014-15.The budget proposals are conducive for the growth of India Inc and i

Posted in Others | 12366 Views

Budget Reaction 2014-15 :The Institute of Chartered Accountants of India (ICAI)

10 July 2014 at 19:25

Shri Arun Jaitley , Hon’ble Minister for Finance , Defence and Corporate Affairs presented Union Budget 2014 which is progressive & growth oriented Union Budget paving way for strong and vibrant India. CA.K Raghu, President, ICAI said, &ld

Posted in Others | 4 comments | 43419 Views

Personal Tax Exemption Limit Raised by Rs. 50,000

10 July 2014 at 16:38

Personal Tax Exemption Limit Raised by Rs. 50,000/- ; No Change in the Rate of Surcharge; 15% Investment Allowance to Manufacturing Companies, to Incentivize Small Entrepreneurs and Income from Foreign Portfolio Investors to be Treated as Capital Gai

Posted in Others | 1 comments | 23439 Views

Kisan Vikas Patra (KVP) Re-Introduced

10 July 2014 at 16:31

Kisan Vikas Patra (KVP) is being re-introduced to encourage people, who may have banked and unbanked savings to invest in this instrument. Announcing this during his maiden Budget Speech in the Lok Sabha today, the Finance Minister Shri Arun Jaitley

Posted in Others | 3 comments | 17742 Views

Key Features of Budget 2014-2015

10 July 2014 at 15:51

THE CURRENT ECONOMIC SITUATION AND THE CHALLENGES Decisive vote for change represents the desire of the people to grow, free themselves from the curse of poverty and use the opportunity provided by the society. Country in no mood to suffer un

Posted in Others | 14214 Views

Basic Custom Duties Reduced on Certain Items to Encourage Investment and Domestic Production

10 July 2014 at 15:51

To boost domestic manufacture and to address the issue of inverted duties, the General budget 2014-15 has reduced basic customs duty (BCD) on certain items. To encourage new investment and capacity addition in the chemicals and petrochemicals sector,

Posted in Others | 6981 Views