CAclubindia News

RBI releases Discussion Paper on Engagement of 'for-profit' Companies as Business Correspondents (BCs)

03 August 2010 at 10:51

RBI releases Discussion Paper on Engagement of 'for-profit' Companies as Business Correspondents (BCs) The Reserve Bank of India today released on its website, a Discussion Paper on "Engagement of 'for profit' Companies as Bus

Posted in Community & General | 5820 Views

ICWAI President's Communique - August 2010

03 August 2010 at 10:48

Presidents Communique August 2010 When someone like Lord Krishna, the master of Yoga & embodiment of knowledge, and a sincere devotee like Arjuna, come together, there shall be all kind of prosperity, victory, happiness & steady resolve, thi

Posted in Community & General | 2 comments | 3939 Views

LS passes Bill to replace Ulip Ordinance

03 August 2010 at 10:28

LS passes Bill to replace Ulip Ordinance The Lok Sabha on Monday passed a Bill to replace the Ulip Ordinance that seeks to set up a joint mechanism to address the issues of jurisdiction between the financial sector watchdogs after the government a

Posted in Community & General | 2925 Views

Due date for filing of income tax return extended till 04-Aug-2010

02 August 2010 at 10:17

Due date for filing of income tax return extended till 04-Aug-2010 The Central Board of Direct Taxes (CBDT) has decided to extend the due date of filing of income tax returns to 4th August 2010 for taxpayers for whom the due date ends today, which

Posted in Income Tax | 1 comments | 5580 Views

Exempt forex loans from withholding tax: Assocham

02 August 2010 at 10:04

Exempt forex loans from withholding tax: Assocham Industry body Assocham on Sunday demanded withdrawal of withholding tax on foreign currency loans to encourage corporates raise funds from abroad. "Withholding tax on foreign currency loans

Posted in Community & General | 2985 Views

Regarding Accounting Codes for the taxable services introduced vide the Finance (No.14) Act, 2010

31 July 2010 at 16:06

Regarding Accounting Codes for the taxable services introduced vide the Finance (No.14) Act, 2010 Circular No.125/7/2010 - ST F.No.354/35/2010-TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit ….. No

Posted in Service Tax | 3948 Views

President's Message - August 2010

31 July 2010 at 10:08

President's Message - August 2010 Dear All, Values and morals if practised only within profession

Posted in Community & General | 1 comments | 7827 Views

Processing Of PAN Card

30 July 2010 at 17:22

Processing Of PAN Card The service providers are required to issue Permanent Account Number Cards within 15 calendar days for fresh applicant and within 20 calendar days for reprint/ correction, excluding the time taken by the department and the a

Posted in Income Tax | 1 comments | 14991 Views

Indirect Tax Collection

30 July 2010 at 17:21

Indirect Tax Collection Based on the information collected from field formations and office of Principal Chief Controller of Accounts, the provisional revenue collection from various heads of indirect taxes viz., Customs, Central Excise and Servic

Posted in Community & General | 4212 Views

Taxes Outstanding Against MNCs

30 July 2010 at 17:17

Taxes Outstanding Against MNCs No separate database regarding the outstanding demand against Multi-National Company (MNCs) as a separate category or class is maintained. However, the total outstanding demand against companies as on 1.4.2009 was R

Posted in Community & General | 4548 Views