CAclubindia News

ICAIs suggestions which have been considered by the Ministry of Finance

28 July 2009 at 12:32

Suggestions with regard to Indirect Taxes given in Post Budget Memorandum accepted in the Budget 2009-10 Sr. No. Particulars ICAI - Suggestion Proposals in B

Posted in Community & General | 1 comments | 5376 Views

Changes made to proposal in Union Budget 2009

28 July 2009 at 10:23

Finance Minister's reply to the debate on Finance (No.2) Bill,2009 in lok Sabha Madam Speaker, at the outset, I would like to thank all the honourable Members who have participated in the discussion on the Finance (No.2) Bill, 2009. I would also

Posted in Community & General | 2 comments | 8049 Views

Some relaxation from ICSI postal coaching scheme

27 July 2009 at 21:39

ATTENTION STUDENTS !!! Rationalization of the system for issue of Coaching Completion Certificate under Postal Coaching Scheme The Training & Educational Facilities Committee (TEFC) of the Council in its 93rd meeting held on 11th July 2009 ha

Posted in Students | 3 comments | 14259 Views

Scrutiny of Statutory Reports of Corporate Houses

27 July 2009 at 15:33

Scrutiny of Statutory Reports of Corporate HousesThe Government has said that in the light of the developments in the matter of Satyam, the Securities and Exchange Board of India (SEBI) has initiated a process of peer review of the working papers (re

Posted in Corporate Law | 4686 Views

Inviting suggestions/ comments on draft LFAR of RRBs

27 July 2009 at 11:37

Inviting suggestions/ comments on draft LFAR of RRBsSub: Inviting suggestions/ comments on draft LFAR of RRBs.LFAR is a major tool to analyze the performance of banks. It not only gives a very narrow view of banking operations but also acts as an ea

Posted in Audit | 1 comments | 6315 Views

Quoting PAN compulsory for insurance with premium above 1 lac

27 July 2009 at 10:52

Requirement of PAN for Insurance ProductsCircular No: 021/IRDA/LIFE/PAN/Jul-2009Dated 23-7-2009It has been decided to mandate the requirement of PAN on all high value insurance products. All Insurers are therefore advised to collect PAN from all per

Posted in Community & General | 1 comments | 3843 Views

Centralised Processing centre for IT return in Bangalore

25 July 2009 at 10:48

IT Return Processing CentresThe Government proposes to set up a Centralised Processing Centre (CPC) during 2009-10 only at Bengaluru, for processing of all Income-tax returns received in the State of Karnataka and for processing of all e-returns rece

Posted in Income Tax | 10 comments | 11658 Views

UTN expected to be operational from 1st Jan 2010

25 July 2009 at 10:43

Unique Transaction NumberThe Government has decided to make it compulsory to quote Unique Transaction Number (UTN) in the Income-tax return forms to be filed by all the assessees to whom such number has been allocated by the Income-tax Department. S

Posted in Income Tax | 7 comments | 6939 Views

Cash Withdrawal at Point-of-Sale

23 July 2009 at 11:26

Cash Withdrawal at Point-of-SaleRBI/2009-10/105DPSS.CO.PD.No. 147/02.14.003/ 2009-1022nd July 2009ToAll System Providers (VISA / MasterCard / American Express), All Scheduled Commercial banksDear Sir,Cash Withdrawal at Point-of-Sale (POS)Presently c

Posted in Community & General | 1 comments | 11616 Views

Net direct tax collections register 3.65% growth

23 July 2009 at 10:48

Net direct tax collections register 3.65% increase in the first QuarterNet direct tax collections during first three months of the present fiscal (up to June 2009) stood at Rs.59,465 crore, up from Rs.57,373 crore in the same period last fiscal, regi

Posted in Income Tax | 3723 Views