CAclubindia News


Exemption Limit for Individual Taxpayers Raised to Rs. 2 Lakh-Upper Limit of 20 Per Cent Tax Slab Raised to Rs. 10 Lakh

   16 March 2012 at 13:18

Exemption Limit for Individual Taxpayers Raised to Rs. 2 Lakh Upper Limit of 20 Per Cent Tax Slab Raised to Rs. 10 Lakh Deduction up to Rs. 10,000 Proposed for Savings Bank Interest Senior Citizens not Having Income from Business Exempted from Pay

Posted in Community & General |   5997 Views


Government Keen on Early Enactment of DTC Bill

   16 March 2012 at 13:13

Model Legislation for GST on the Anvil National Information Utility to be Operational by August The Union Finance Minister ShriPranab Mukherjee today expressed firm commitment to enact the Direct Taxes Code (DTC) Bill at the earliest, after exp

Posted in Community & General |   3033 Views


Summary - Union Budget 2012-13

   16 March 2012 at 13:09

BUDGET IDENTIFIES FIVE OBJECTIVES RELATING TO GROWTH, INVESTMENT, SUPPLY BOTTLENECKS, GOVERNANCE, AND REMOVING MALNUTRITION AMENDMENT TO FRBM ACT INTRODUCED AS PART OF FINANCE BILL CENTRAL SUBSIDIES TO BE KEPT UNDER 2 PER CENT OF GDP; TO BE F

Posted in Community & General  3 comments |   48897 Views


Union Budget 2012-13 Highlights

   16 March 2012 at 13:09

Budget identifies five objectives relating to growth recovery, private investment, supply bottlenecks, malnutrition and governance matters GDP growth to be 7.6 per cent (+ 0.25 percent) during 2012-13

Posted in Community & General  13 comments |   39294 Views


Vanishing Companies

   15 March 2012 at 18:13

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Companies Bill, 2011 provides for more detailed requirements in the form disclosures/declarations to be made by companies, and their

Posted in Corporate Law |   3099 Views


Limited Liability Partnership

   15 March 2012 at 18:13

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Limited Liability Partnership Act, 2008 (LLP) which came into effect from March 31, 2009, provides for any individual or body corpor

Posted in Corporate Law |   3966 Views


ICAI National Cost Convention-2012 begins - RPN Singh calls for public friendly Accounting

   15 March 2012 at 17:11

Shri R.P.N. Singh, Minister of State for Corporate Affairs has emphasized upon public friendly Accounting. Inaugurating the three day long 53rd National Cost Convention of Cost and Management Accountants (CMA) for the year 2012 organised by the In

Posted in Corporate Law |   3576 Views


Indian Economy Holds out Despite Global Uncertainty

   15 March 2012 at 13:37

The big story of the last decade for India has been its arrival on the global scene and there was no looking back from the first years of the first decade of the 21st Century. The Economic Survey 2011-12 tabled by the Finance Minister, Shri Pranab

Posted in Community & General |   2856 Views


Services Sector Proves Saviour of Indian Economy During the Global Crisis; Grows by 9.4% Despite Slowing GDP Growth

   15 March 2012 at 12:48

The global recession only partially succeeded in slowing the Indian economy thanks to the continual offsetting growth of service sector to nearly 10% in the year 2010-11. The Economic Survey 2011-12 presented in the Lok Sabha today, suggests that

Posted in Community & General |   4617 Views


Economic Survey Pegs Industrial Growth at 4-5% in the Current Financial Year - Industrial Sector Expected to Rebound During Next Financial Year

   15 March 2012 at 12:45

Survey Calls for Boosting of Business Sentiments, Encouraging Investment and Identifying Bottlenecks The Economic Survey 2011-12 tabled in the Lok Sabha here today by the Finance Minister, Shri Pranab Mukherjee has projected the industrial-secto

Posted in Community & General |   3384 Views



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