CAclubindia News

SERVICE TAX RELIEF FOR HOME BUYERS

06 September 2007 at 11:58

SERVICE TAX RELIEF FOR HOME BUYERSThousands of property buyers who have paid service tax on theresidential apartments/flats they have purchased now have somethingto cheer about. The Union finance ministry has issued the much-awaited clarification exe

Posted in Service Tax | 5265 Views

Laptops - Duty

06 September 2007 at 11:58

HP NOT ENTITLED TO DUTY EXEMPTION ON HDDS IN LAPTOPS: SCIn a setback to Hewlett Packard India Sales (P) Ltd, the SupremeCourt has held that the company cannot claim customs duty exemptionon software-loaded hard disc drives fitted in laptops imported

Posted in Excise | 11433 Views

EXIT TAX ON GRADUATES IS NOT A GOOD IDEA

06 September 2007 at 11:56

EXIT TAX ON GRADUATES IS NOT A GOOD IDEAThe idea of an exit tax on graduates from India's highly subsidisedinstitutes like the Indian Institutes of Technology and the IndianInstitutes of Management is back on the horizon, with theparliamentary standi

Posted in Community & General | 3027 Views

NO INDIVIDUAL RETURN FILED ONLINE

06 September 2007 at 11:52

NO INDIVIDUAL RETURN FILED ONLINENot even a single individual return has been filed online, accordingto Income Tax (I-T) department. There is separate assessing officerin the department to look after the individual returns that havebeen filed online.

Posted in Income Tax | 3507 Views

Investing overseas? Examine your tax obligations ::

06 September 2007 at 10:51

RBI has liberalised the remittance scheme recently permitting resident Indian individuals to make investments up to $100,000 per financial year outside India for any permitted capital and current account transactions. This provides an opportunity for

Posted in Income Tax | 2634 Views

'Service -Tax' to rope many traders and professionals

06 September 2007 at 10:17

Service tax is a comparatively new concept and is said to be the tax of the future. For this reason, several service sectors seem to be experiencing future shock. A number of traders and professionals are uneasy with this new head to extract revenue

Posted in Service Tax | 3294 Views

COST ACCOUNTANTS SCOPE GETTING WIDER

05 September 2007 at 14:07

New Delhi, Aug 24 Companies in the services sector and all listedmanufacturing companies may soon have to hire cost accountants undera new formula being worked out by the government to beef up the roleof corporate cost audits.According to sources in

Posted in Career | 7035 Views

Articleship may no longer remain tedious!!!!

04 September 2007 at 17:37

THE articleship forthe chartered accountancy (CA) students might not remain laborious andtedious job anymore. The CA students would be soon able to join KPOs,asset management companies (AMCs) and hedging funds for articleship, ifthe executive committ

Posted in Career | 5418 Views

CA Murdered : President addresses the members

03 September 2007 at 22:00

Myself and the entire membership at large are shocked to read thenews of such a brutal murder of one of our such a young member Mr Paras Dugar from Naharlagun, Arunachal Pradesh.We are not only condemning such a heneous act but are alsogoing to make

Posted in Community & General | 6936 Views

ICAI invites suggestions for Pre-Budget Memorandum 2008

03 September 2007 at 18:33

As you are kindly aware, every year the ICAI submits its Pre-Budget Memorandum to the Government. These suggestions are based on the valuable inputs received from members all over the country. Following are certain broad areas, which have been identi

Posted in Community & General | 2931 Views