CAclubindia News

Govt says it respects the autonomy of RBI

14 January 2017 at 21:42

There has been a report in sections of the Press that some unions have alleged infringement of the autonomy of the Reserve Bank of India. It is categorically stated that the Government fully respects the independence and autonomy of the Reserve Bank

Posted in Others | 4 comments | 2475 Views

New design of PAN card with QR code from 1st January

12 January 2017 at 15:16

NSDL e-Governance Infrastructure LimitedPAN ServicesCircularCircular No.: NSDL/TIN/12017/001January 10, 2017 Subject: New design of PAN card All TEN-FCs & PAN Centres are hereby informed that the Income Tax Department (ETD) has prescribed certain cha

Posted in Income Tax | 10 comments | 60900 Views

Most of the issues have been resolved in GST says FM

12 January 2017 at 10:59

On demonetization, Finance Minister Shri Arun Jaitley says that difficult decisions initially pass through difficult phases as historic decisions have temporary pain attached to them. Stressing the implementation of GST, FM says that most of the issu

Posted in GST | 1 comments | 8541 Views

Exposure Draft of Ind AS Taxonomy for Comments

11 January 2017 at 11:14

As per the roadmap issued by the Ministry of Corporate Affairs (MCA) in February 2015, certain class of companies have to prepare their financial statements as per Indian Accounting Standards (Ind AS) which are converged with International Financial

Posted in Accounts | 4743 Views

Initiatives to increase non fare revenue in railways launched

11 January 2017 at 11:14

Initiatives to Increase Non-Fare Revenue and To Promote Ease of Ticketing Through Digital Transactions LaunchedMinister of Railways Shri Suresh Prabhakar Prabhu inaugurated the following policy initiatives viz., Policy Initiatives of Increasing Non

Posted in Others | 3039 Views

Condonation of delay in submission of Forms related to Chartered Accountants Regulations, 1988

11 January 2017 at 11:14

The rules regarding Condonation of delay in submission of Forms related to various regulations of the Chartered Accountants Regulations, 1988Documents to be submitted in case of delay in submission of following Forms:

Posted in Professional Resource | 2 comments | 4650 Views

IT dept awarded for efiling of IT returns project

11 January 2017 at 11:14

Income Tax Department receives Silver Award for e-filing of Income Tax Returns project in the National Awards on e-Governance 2016-17. The Income Tax Department is proud to announce that it has been conferred the Silver Award in the National Awards o

Posted in Income Tax | 3 comments | 3534 Views

Direct tax collection upto December shows 12.01% growth

11 January 2017 at 11:14

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesDirect Tax Collections up to December, 2016 show Growth of 12.01% The figures for Direct Tax collections up to December, 2016 show that revenue net of refunds is

Posted in Income Tax | 2100 Views

No charges on use of cards at petrol stations

10 January 2017 at 10:35

No additional levy on use of cards at petrol stations says Petroleum Minister MoS (I/C) for Petroleum and Natural Gas, Shri Dharmendra Pradhan said neither the customers nor petrol pump dealers will bear additional charges on digital transactions at

Posted in Service Tax | 4794 Views

CBEC initiates process of migration of existing Central excise and Service tax assessee

10 January 2017 at 10:35

To ensure implementation of GST by 1st April, 2017, Central Board of Excise & Customs (CBEC) has initiated the process of migration of its existing Central Excise/Service Tax assessees to GST from today. A 24x7 Helpdesk (Through Toll-Free number

Posted in Service Tax | 1 comments | 16551 Views