CAclubindia News

Releasing of GST Compensation to States

25 March 2017 at 12:55

Pending introduction of GST in the Country, Union Cabinet in its meeting held on 17.03.2015, decided for payment of 100% CST compensation to the States/UTs for year 2010-11, 75% CST compensation for year 2011-12 and 50% CST Compensation for year 2012

Posted in GST | 2 comments | 3357 Views

Cabinet abolishes cesses and surcharges in Custom and Excise to facilitate GST implementation

23 March 2017 at 13:27

Cabinet approves Amendment of in the Customs and Excise Act, relating to abolition of cesses and surcharges on various goods and services to facilitate implementation of GST Regime Union Cabinet chaired by the Prime Minister Shri Narendra Modi has a

Posted in GST | 1 comments | 3780 Views

GST to help in reducing prices of various items

23 March 2017 at 12:05

FM: Government to focus on two important areas including building infrastructure on war footing and substantial expenditure on development of rural India; For FDI, India is most preferred destination in the world today; Major indirect tax reform in

Posted in GST | 1 comments | 4017 Views

Payment of Wages by cheque or crediting to bank accounts

21 March 2017 at 10:59

The present wage limit for applicability of the provisions of the Payment of Wages Act, 1936 is Rs. 18,000/- per month. The Act has been amended by Payment of Wages (Amendment) Act, 2017 (effective from 28.12.2016) to enable the employers to pay wage

Posted in Others | 1 comments | 8832 Views

Union Cabinet chaired by the PM approves the 4 GST related bills today

20 March 2017 at 16:49

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approves the four Goods and Services Tax (GST) related bills today The GST law will be the biggest reform in the area of Indirect Taxes in the history of independent India The Union C

Posted in GST | 2 comments | 16023 Views

4.21 crore income tax returns Efiled this year

20 March 2017 at 10:07

Number of e-filed Income Tax Returns in Financial Year 2016-17 (till 28.02.2017) was 4.21 Cr: The total amount of refund issued in the current fiscal (including refund arising out of rectification, appeal effect etc.) is Rs. 1,48,459 crore (till 28.0

Posted in Income Tax | 4233 Views

Govt to conduct trials with plastic banknotes

20 March 2017 at 10:07

Government to conduct field trial with plastic banknotes at five locations of the country; Approval for procurement of plastic substrate and printing of bank notes of Rs.10 denomination on plastic banknote substrates conveyed to RBI It has been deci

Posted in Others | 3480 Views

EPF members can withdraw upto 90 percent fund for purchase of house

17 March 2017 at 11:05

Government to Amend EPF Scheme, 1952 to Enable EPF Members to Withdraw upto 90 Percent Fund for Purchase of House The Government has taken a decision for modification in the Employees’ Provident Funds (EPF) Scheme, 1952 to add a new paragraph 6

Posted in Others | 5424 Views

ICSI president elected as Secretary of CSIA

17 March 2017 at 11:05

CS (Dr.) Shyam Agrawal, President The Institute of Company Secretaries of India (ICSI) has been elected as the Secretary of the Corporate Secretaries International Association (CSIA) during the Council Meeting of CSIA held on March 15-16, 2017 at Joh

Posted in Professional Resource | 1 comments | 3660 Views

Invitation to contribute question bank for Information system audit

16 March 2017 at 12:24

AnnouncementInvitation for contributions to Question Bank in respect of Information SystemAudit-(Assessment Test (ISA-AT)(New Syllabus)Information Systems Audit is a post qualification course meant for the members of the Institute. Members who are re

Posted in Students | 3645 Views