CAclubindia News
TAX BREAKS MAY BE GRANTED TO GREEN BUILDERS: UPCOMING BUDGET
05 February 2008 at 15:58"GOOD NEWS FOR THE GREEN BUILDERS" Tax breaks may be granted to Real estate developers constructing energy-efficient (green) buildings in the coming Budget. If the buildings meet the "green" standard, a part of the builders' c
Exporter's in distress with centre's proposal
05 February 2008 at 13:26EXPORTERS IN DISTRESS WITH CENTRE'S PROPOSALThe Centre proposes to request the state governments to increase the Value Added Tax(VAT) rate from 4% to 5%. This proposal has made a section of exporters a bit nervy who missed out on VAT refunds from se
E-cheques to Pace up Clearance
05 February 2008 at 13:08E-cheques to Pace up Clearance"Get a cheque cleared in one day" This is not an illusion.In Mumbai, Faster clearance will soon be possible by using an e-cheque, which is an image of the real one. Cheques will not have to be physically moved from
New President & New Vice President
05 February 2008 at 13:08Mr Ved Jain has been elected as the new President,ICAI & Mr Uttam Prakash Agarwal has been elected as the new Vice President,ICAI for the year 2008-09
Extension of Time for Filing of TDS/TCS Returns
05 February 2008 at 13:03CBDT has extended the due date for filing of quarterly statements of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) for the quarter ending 30th September 2007 to 29th February 2008No.402/92/2006-MC (07 of 2008)Government of India / Mi
Tax payment facility liberalized in calcutta
04 February 2008 at 16:28TAX PAYMENT FACILITY LIBERALIZED IN CALCUTTA A large taxpayer unit would be initiated in Calcutta. As according to Chidambaram, company such as MRF used to pay its various taxes at around 100 places and jurisdictions across the country,which is a hin
Service tax rate may remain unchanged
04 February 2008 at 13:43Budget 2008is likely to spare people a hike in the service tax rate. Under considerablepressure to deliver a people-friendly Budget, the government may leave theservice tax rate unchanged, though some more services like business classdomestic air tra
FM soughts suggestions for Budget
02 February 2008 at 09:54CONSULTATIVE COMMITTEE OF FINANCE MINISTRY MEETSFM SOUGHT SUGGESTIONS FOR THE BUDGET FROM THE MEMBERS16:16 ISTThis year's first Meeting of the Parliamentary Consultative Committee attached to Finance Ministry was held here today under the Chairmanshi
Amendment in Securities Contract regulations
02 February 2008 at 09:50AMENDMENT TO SECURITIES CONTRACTS (REGULATION) RULES PROPOSED18:45 IST Based on a review, Government has proposed to amend the Securities Contracts (Regulation) Rules, 1957 (SCRR) for both initial and continuous listing requirements of companies i
FM clarification on Budget
31 January 2008 at 11:56CLARIFICATION ON FM'S QUOTE 17:47 IST Ministry of Finance stoutly denies the PTI report to the effect that the Finance Minister has indicated that the Budget could be harsh on the people. At a function on 29th January, there was a light hearted quest
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