CAclubindia News

States to be fully compensated for GST: Pranab

26 July 2010 at 10:03

States to be fully compensated for GST: Pranab Finance minister Pranab Mukherjee on Saturday assured the states that the Centre will fully compensate them on possible losses arising from implementation of the goods and services tax (GST) regime.

Posted in GST | 1 comments | 4056 Views

IT department, biggest litigant in Govt: FM

26 July 2010 at 10:01

IT department, biggest litigant in Govt: FM Calling it the biggest litigant in the entire Government, Finance Minister Pranab Mukherjee on Saturday asked the Income Tax Department to reexamine the way it handles tax disputes. Speaking at the 150t

Posted in Income Tax | 3888 Views

Bill to change Competition Act likely in Monsoon session: MCA

24 July 2010 at 11:20

Bill to change Competition Act likely in Monsoon session: MCA Corporate affairs minister Salman Khurshid has said the Competition Act amendment bill, seeking to invest the competition watchdog CCI with powers to vet big-ticket takeovers, is like

Posted in Corporate Law | 2859 Views

GST can push up economic growth by 1.5 pc: Montek

24 July 2010 at 11:19

GST can push up economic growth by 1.5 pc: Montek Making a strong case for implementation of Goods and Services Tax (GST), the Planning Commission has said the new tax regime could push up economic growth by 1.5 pc points. "Lots of people be

Posted in GST | 3627 Views

Views solicited on SEBI Report -Takeover Regulations

24 July 2010 at 10:56

Views solicited on SEBI Report -Takeover Regulations Dear Sir/Madam, The Securities and Exchange Board of India (SEBI) has constituted the Takeover Regulations Advisory Committee under the Chiarmanship of Mr. C. Achutan with the mandate to examine

Posted in Shares & Stock | 5289 Views

Revival of Committee on Management Accounting

24 July 2010 at 10:40

Revival of Committee on Management Accounting Council Affairs/M-626/2010 22nd July, 2010 ALL MEMBERS OF THE COUNCIL Madam/Dear Sir, I wish to inform you that the President, in terms of the authority given to him by the Council at its 2

Posted in Others | 2289 Views

PE - II, PCE and IPCE - Results likely to be declared on 4th August, 2010 around 2 P.M.

24 July 2010 at 10:36

PE – II, PCE and IPCE - Results likely to be declared on 4th August, 2010 around 2 P.M. The results of the Chartered Accountants Professional Education – II, Professional Competence Examinations and Integrated Professional Competence E

Posted in Students | 7 comments | 16380 Views

Economic Outlook 2010-11 Highlights

23 July 2010 at 12:33

Economic Outlook 2010-11Highlights Dr. C. Rangarajan, Chairman, Economic Advisory Council to the Prime Minister released the document ‘Economic Outlook 2010-11’ at a Press Conference in New Delhi today. Following are the highlights of

Posted in Others | 1 comments | 5811 Views

FM Wants New Tax Regime Which is Simple and Broad Based

23 July 2010 at 10:08

FM Wants New Tax Regime Which is Simple and Broad Based Leading to Lowering of Tax Rates, Better Tax Compliance and Reduced Litigation: Looking forward to Constructive Suggestions from Empowered Committee of State FMS on GST to set-up an Innovative

Posted in VAT | 15675 Views

RBI sets up Working Group to address Implementation Issues in IFRS

23 July 2010 at 09:57

RBI sets up Working Group to address Implementation Issues in IFRS The Reserve Bank of India has constituted up a Working Group under the Chairmanship of Shri P R Ravi Mohan, Chief General Manager, Department of Banking Operations & Developmen

Posted in Accounts | 1 comments | 5415 Views