CAclubindia News


New Service Tax exemption notification released

 24 June 2010 at 10:56

Enactment of Finance Act, 2010NOTIFICATION NO 24/2010-Service TaxDated : June 22, 2010In exercise of the powers conferred by clauses (A) and (B) of section 76 of the Finance Act, 2010 (14 of 2010), the Central Government hereby appoints the 1 st day

Posted in Service Tax |   3 comments |   46104 Views


Service Tax (Removal of Difficulty) Order, 2010

 24 June 2010 at 10:48

Makes Service Tax (Removal of Difficulty) Order, 2010 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of IndiaMinistry of Finance(Department of Revenue)New Delhi, the 22nd June, 2010 M.F.(D.R.

Posted in Service Tax |   6864 Views


National Litigation Policy Document Released

 23 June 2010 at 14:33

National Legal Mission to Reduce Average Pendency Time from 15 Years to 3 YearsThe Centre has formulated a National Litigation Policy to reduce the cases pending in various courts in India under the National Legal Mission to reduce average pendency

Posted in Community & General |   2 comments |   4866 Views


New features launched by income tax dept for efiling

 23 June 2010 at 12:52

New features launched by income tax dept for efiling 1. The Department has modified the return preparation software to include automatic calculation of tax and interest and this is available for download free of cost. 2. New facility added in &quo

Posted in Income Tax |   5 comments |   15624 Views


CBDT drafting a new Vision document for 2020

 23 June 2010 at 12:45

The process of drafting a new Vision document – Vision 2020 is nearing completion. An important component of the Vision 2020 document is the Citizens’ Charter 2010. As a part of Vision 2020, the Citizens’ Charter 2007 was revisited

Posted in Community & General |   4116 Views


Standardisation and Enhancement of Security Features in Cheque Forms

 23 June 2010 at 11:45

Standardisation and Enhancement of Security Features in Cheque Forms RBI/2009-10/503 DPSS. CO. CHD. No. 2806/04.07.05/2009-10 June 22, 2010 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs

Posted in Community & General |   4659 Views


Finance Minister Optimistic of Achieving more than 8.5% Growth During the Year 2010-11

 23 June 2010 at 11:40

Finance Minister Optimistic of Achieving more than 8.5% Growth During the Year 2010-11 FM addressed Senior Executives of Financial Services Firms at Washington The Finance Minister Shri Pranab Mukherjee said that despite continuing global economi

Posted in Community & General |   1 comments |   2490 Views


China's Yuan Policy Not to Hit Indian Economy Adversely: FM

 23 June 2010 at 11:38

Finance Minister Asks India-US Business Leaders to Play Major Role in Building and Strengthening the Relations Between the Two Nations China’s Yuan Policy Not to Hit Indian Economy Adversely: FMThe Finance Minister Shri Pranab Mukherjee said t

Posted in Community & General |   3480 Views


Shri Deora calls upon state Governments to bring down High rates of VAT on Petrol Diesel ; replace Ad-valorem Levies by Specific ones

 22 June 2010 at 11:41

Shri Deora calls upon state Governments to bring down High rates of VAT on Petrol Diesel ; replace Ad-valorem Levies by Specific ones High VAT rates by some states ON PDS Kerosene needs review in view of lighting and cooking usage by the common m

Posted in Community & General |   1 comments |   3267 Views


President of India Promulgates an Ordinance; issues Regarding Ulips between IRDA and SEBI Settled

 22 June 2010 at 11:06

President of India Promulgates an Ordinance; issues Regarding Ulips between IRDA and SEBI Settled The President of India has promulgated an Ordinance late last evening amending the RBI Act 1934, Insurance Act 1938, SEBI Act 1992 and Securities Con

Posted in Investments & Personal Finance |   5772 Views



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