CAclubindia News

This is a time of uncertainty..

13 October 2008 at 15:49

"This is a time of uncertainty. Yet, even in a time of uncertainty there are some facts that cannot be - and ought not to be - ignored. The Indian economy continues to grow at a satisfactory rate. As recently as last week, the IMF's research departme

Posted in Community & General | 5628 Views

Convocation 2008 for new members of ICAI

13 October 2008 at 12:19

In terms of the decision of the Council, Convocation function will henceforth be held twice a year at the Regional Headquarters of the Institute covering the period from March to August and September to April with a view to inculcate a sense of belon

Posted in Career | 7224 Views

CBDT substitutes rules 6DD vide seventh amendment

13 October 2008 at 12:07

Rule 6dd new notificationINCOME-TAX (SEVENTH AMENDMENT) RULES, 2008 - SUBSTITUTION OF RULE 6DD NOTIFICATION NO. 97/2008 [F.NO. 142/10/2008-TPL], DATED 10-10-2008 The CBDT has substituted Rule 6DD of the Income-tax Rules vide the Income-tax

Posted in Income Tax | 3 comments | 25389 Views

RBI directs banks on charges to be levied on electronic products

11 October 2008 at 20:39

Levy of Service Charges for Electronic Payment Products andOutstation Cheque CollectionWith immediate effect, the framework of charges to be levied by banks for offering various electronic products and for outstation cheque collection service shall b

Posted in Community & General | 5265 Views

CENTRE MAY AMEND AS21 TO PLUG GAPS IN ACCOUNTING PRACTICES

11 October 2008 at 17:50

The government may amend an accounting norm that gives certain exemptions to companies from consolidating the balance sheets of subsidiaries with that of the parent under certain circumstances. The idea is to ensure that companies do not take undue a

Posted in Corporate Law | 7596 Views

Income-tax grievances to be registered online soon !!

10 October 2008 at 09:42

Income-tax grievances to be registered online soon NEW DELHI: Taxpayers will now be able to lodge their grievances with the taxman at the click of a mouse, with the launch of an online complaint redressal mechanism on the lines of the exis

Posted in Income Tax | 1 comments | 6195 Views

Statement of the Union Cabinet on Financial Situation

09 October 2008 at 00:51

Following is the statement made by the Finance Minister, Shri P. Chidambaram on behalf of the Union Cabinet on the financial situation: The United States and many countries in Europe are passing through a severe financial crisis. The ripple effects o

Posted in Community & General | 1 comments | 4977 Views

CPT ONLINE EXAM !!

08 October 2008 at 04:35

ICAIAnnouncement Common Proficiency Test (CPT) Online Examination 7th December-2008 It is for the information of the candidates that in addition to the existing Paper-Pencil mode for Common Proficiency Test s

Posted in Students | 31545 Views

Collection of third party information to check tax evasion

01 October 2008 at 12:58

The Central Government has issued five notification nos. 38/2008 CE(NT) to 42/2008 CE(NT) all dated 29.9.2008 to facilitate collection of information from third party sources or from manufacturers themselves, in order to identify manufacturers with a

Posted in Income Tax | 3 comments | 13326 Views

TDS on arrears of salary paid to govt employees

01 October 2008 at 12:54

Clarification regarding tax deduction at source on arrears of salary paid to government servants on account of implementation of the recommendations of Sixth Central Pay Commission The Implementation Cell of the Department of Expenditure,

Posted in Income Tax | 19332 Views