CAclubindia News

Excise assessees get more time for e-payment ::

16 September 2007 at 09:31

The Finance Ministry has provided additional time for payment of Central excise duty under the e-payment route. This is being seen as the Government's attempt to encourage central excise assessees to go in for e-payment of duties.Central excise asses

Posted in Custom | 7872 Views

DTAA between INDIA and MEXICO !

16 September 2007 at 09:28

With India and Mexico signing the double taxation avoidance agreement on Monday, companies using Mexico to route investments into India will have to be ready for a differently structured tax regime. The DTAA has provided for a limitation of benefits

Posted in Income Tax | 20673 Views

Due date of advance FBT extended

15 September 2007 at 12:59

By virtue of the provision of clause (d) of sub-section (1)section 115 WB, introduced by Finance Act, 2007, an employer isliable to pay Fringe Benefit Tax on any consideration for employmentprovided by way of any specified security or sweat equity sh

Posted in Income Tax | 4719 Views

Opportunity for CAs to work in Scotia Canada

14 September 2007 at 13:52

OPPORTUNITY TO WORK IN NOVA SCOTIA, CANADAProfessional Development Committee (PDC) of ICAI is working with BusinessDevelopment, Emerging Markets team of Nova Scotia Business Inc. (NSBI) to facilitaterecruitment of members of ICAI for employment in No

Posted in Community & General | 5715 Views

Branding management accountants as bean growers, not counters

13 September 2007 at 21:33

Chennai, Sept. 13: Repositioning the management accountant, and showcasing him as a strategist and performance management specialist are among the themes that the Institute of Cost and Works Accountants of India (ICWAI) is planning to pursue at the '

Posted in Community & General | 3798 Views

For the first time, TDS on RBI bonds !!

13 September 2007 at 16:14

Perhaps the most favoured savings instrument of Indian investors is the 8% RBI Savings Bond. Safe to the hilt, it has retained its popularity in spite of the sharp appreciation in interest rates in recent times. So far, the interest on the bonds, tho

Posted in Income Tax | 5094 Views

Indian banks not affected by subprime - RBI deputy

13 September 2007 at 11:55

Indian banks are not affected by the U.S. subprime crisis and are largely on course to meet the Basel-II guidelines by March 2008, the central bank's deputy governor, V. Leeladhar, said on Thursday."By and large Indian banks are not affected by the s

Posted in Community & General | 2634 Views

New syllabus for ICWA

12 September 2007 at 14:14

Chennai, Sept 11: The Institute of Cost and Works Accountants of India will introduce a new syllabus from next year, to upgrade the educational skills of students, under which a student will be required to undergo the mandatory three year practical t

Posted in Accounts | 8469 Views

Govt considering overhaul of the Indian Trusts Act, 1882

12 September 2007 at 14:10

The government is considering an overhaul of the Indian Trusts Act, 1882, which would allow more flexibility to trusts in their investment decisions. The move is aimed at making the pre-independence law more contemporary. At present, registered trust

Posted in Income Tax | 2841 Views

It's PANraj, now

11 September 2007 at 12:36

Apropos of 'Got PAN? You may shell out more for LPG' (ET, Sept 7), it's preposterous and a harebrained idea. It shows that our politicians lack common sense. Many people have obtained PAN out of compulsion to comply with certain mandatory requirement

Posted in Income Tax | 4980 Views