CAclubindia News

Time limit for XBRL filing extended again to 15 Jan 2013

12 December 2012 at 15:54

MCA extended time limit of filing Financial Statement in XBRL Mode upto 15 January 2013 General Circular No. 39/2012 12.12.2012

Posted in Corporate Law | 12990 Views

Direct tax collection grows by a meagre 7.14 percent

12 December 2012 at 11:24

Gross Direct Tax Collection Figures for April-November 2012-13 Up by 7.14 Percent at Rs. 3,25,696 Crore as Against Rs. 3,04,002 Crore in the Same Period Last Year Gross direct tax collections during April-November of the Financial Year 2012-13 was

Posted in Income Tax | 4713 Views

Only 14.62 lac assessees disclose income more than 10 lac

11 December 2012 at 13:06

Statement made by Revenue Secretary to Media On August 6, 2012, the Finance Minister Shri P. Chidambaram made a statement on the policy of the Government regarding taxation and tax administration. He emphasized that clarity in tax laws, a stable

Posted in Income Tax | 16527 Views

Incorporation of the Corporate Social Responsibility Provision in the New Companies Bill

11 December 2012 at 13:03

Clause 135 of the Companies Bill, 2011 inter alia, provides for the specified companies to spend at least 2% of the average net profits (of last 3 years) in pursuance of the company’s Corporate Social Responsibilities (CSR) policy and in cas

Posted in Corporate Law | 2 comments | 8694 Views

MCA 21 Project - Achievements and Continuation

11 December 2012 at 13:03

The Government is implementing an e-governance initiative called MCA 21 Project to ensure the efficiency of the core services regarding company affairs. Giving this information in written reply to a question in the Parliament, Shri Sachin Pilot, M

Posted in Corporate Law | 5316 Views

Service Tax (Fifth Amendment) Rules, 2012 - Amendment in Form ST-1 to include accounting codes

10 December 2012 at 13:29

NOTIFICATION NO. 48/2012-ST [F.NO. 137/22/2012-ST]/GSR 858 (E) DATED 30-11-2012 In exercise of the powers conferred by sub-section(l) read with sub-section (2) of section 94 of the Finance Act, 1994 ( 32 of 1994), the Central Government hereby

Posted in Service Tax | 8 comments | 32373 Views

Announcement for CS students appearing in Dec exams

08 December 2012 at 12:40

Announcement for CS students appearing in Dec exams Please check the Attached File

Posted in Students | 4 comments | 30630 Views

Information Regarding Tax Evasion

08 December 2012 at 11:36

The Government is focusing on increasing use of Information Technology for detection of evasion of tax. The Government also receives information on tax evasion from public at large through letters, e-mails, reports in media etc. the Government gran

Posted in Income Tax | 6 comments | 17499 Views

Committee on Direct Cash Transfers

07 December 2012 at 11:43

Government has constituted National Committee on Direct Cash Transfers chaired by the Prime Minister as a mechanism to coordinate action for introduction of direct cash transfers to individuals under various Government schemes and programmes. The

Posted in Income Tax | 10317 Views

Bilateral Convention on Avoidance of Double Taxation between India and UK

07 December 2012 at 11:43

A protocol amending the existing convention between India and the United Kingdom (UK) for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income and capital gains was signed in London on 30.10.2012, the

Posted in Income Tax | 7590 Views