CAclubindia News

Amendment in the CENVAT Credit (Third Amendment) Rules, 2011

01 April 2011 at 12:14

Amendment in the CENVAT Credit (Third Amendment) Rules, 2011 [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) New Delhi, the 31st March,

Posted in Excise | 18264 Views

Amendment in Point of Taxation Rules, 2011

01 April 2011 at 12:14

Amendment in Point of Taxation Rules, 2011 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Minist

Posted in Service Tax | 13008 Views

Amendment in the Service Tax Rules, 1994

01 April 2011 at 12:13

Amendment in the Service Tax Rules, 1994 [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) New Delhi, 31st March, 2011 Notification

Posted in Service Tax | 6474 Views

Tax Exemption under section for the ICC Cricket World Cup 2011

01 April 2011 at 12:12

Tax Exemption under section for the ICC Cricket World Cup 2011 The Union Cabinet today approved the proposal of Ministry of Finance for exempting ICC Cricket World Cup 2011 from income tax under section 10(39) of the Income Tax Act 1961 in respe

Posted in Income Tax | 6069 Views

Creation of seven posts of Indirect Tax Ombudsman

01 April 2011 at 12:12

The Union Cabinet today approved creation of seven posts of Indirect Tax Ombudsman to be located at Delhi, Mumbai, Chennai, Calcutta, Bangalore, Ahmedabad and Lucknow in the HAG + scale of Rs.75,500-80,000/- and the supporting staff. The Indirect Ta

Posted in VAT | 1 comments | 21243 Views

Facility of Income Tax Payment Through ATMs by Union Bank of India Launched

01 April 2011 at 12:12

Facility of Income Tax Payment Through ATMS by Union Bank of India Launched The Minister of State for Finance Shri Namo Narain Meena launched facility of Income Tax payment through ATMs by Union Bank of India here today. Senior officials from Minist

Posted in Income Tax | 3768 Views

Vodafone buys Essar's stake for $5 bn; may exceed FDI limit

01 April 2011 at 12:11

Vodafone buys Essar's stake for $5 bn; may exceed FDI limit UK-based Vodafone on Thursday acquired 33 per cent stake of its Indian partner Essar in the joint venture Vodafone Essar for USD 5 billion and may go for a new ally or opt for publi

Posted in Others | 3438 Views

CAs exempted from collecting service tax on accrual basis

01 April 2011 at 12:06

Notification No.25/2011 - Service Tax Ministry of Finance has today issued the above Notification amending Point of taxation Rules, 2011. Rules 7 has been substituted by a new Rule whereby, point of taxation in respect specified service providers w

Posted in Service Tax | 11511 Views

Amendments in Point of Taxation Rules, 2011 and other related provisions

01 April 2011 at 12:03

Amendments in Point of Taxation Rules, 2011 and other related provisions F.No.341/34/2010-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) ****** New Delhi dated the 31st March, 2011. To A

Posted in Service Tax | 1 comments | 4743 Views

RBI releases Study on State Finances 2010-11

31 March 2011 at 16:33

RBI releases Study on State Finances 2010-11 The Reserve Bank of India (RBI) today released “State Finances: A Study of Budgets of 2010-11”, a publication that provides data, analysis and assessment of finances of State governments.

Posted in Others | 4530 Views