Community & General News

Extension of RTGS time window to 8 pm

16 December 2014 at 11:22

RBI/201415/352DPSS (CO) RTGS No. 1064 / 04.04.002 / 2014-15December 15, 2014The Chairman / Managing Director / ChiefExecutive Officer of participants of RTGSMadam / Sir,Extension of RTGS time windowIt has been the endeavour of the Reserve Bank

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EPFO moves to Accrual Accounting

16 December 2014 at 11:23

The Institute of Chartered Accountants of India (ICAI) through its research arm, ICAI Accounting Research Foundation (ICAI ARF) signed an MoU with Employee's Provident Fund Organisation (EPFO) on December 11, 2014. As per the MoU, ICAI ARF will u

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Attachment of Properties Against Tax Arrears

13 December 2014 at 13:19

Total amount of direct taxed arrear demand as on 31.10.2014 is Rs. 6,15,295 crore. An amount of Rs. 23,653 crore has been collected/recovered during the period 1.4.2014 to 31.10.2014. The target for cash collection out of arrear demand by the field a

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Fishing Expedition of CBDT Officers

13 December 2014 at 13:19

The complaints including complaints regarding harassment of tax payers by the income tax officers are received by the Government and various income tax authorities all over the country. There is no centralized system of maintaining category-wise data

Posted in Community & General | 1 comments | 13131 Views

Grant of fellow membership of ICAI on the basis of service

12 December 2014 at 13:00

Regulation 5(3) of the Chartered Accountants Regulations, 1988 provides for eligibility to become a fellow member of the Institute on the basis of service in specified industries and organizations An associate member is eligible for admission as a F

Posted in Community & General | 2 comments | 19269 Views

ICMAI - President Communique December 2014

09 December 2014 at 10:27

Knowledge is power and is one of the most important driving forces of Economies of the World.

Posted in Community & General | 1 comments | 12213 Views

Empanelment of CA firms and LLPs with C&AG for the year 2015-16

08 December 2014 at 10:57

OFFICE OF THE COMPTROLLER AND AUDITOR GENERAL OF INDIA9, DEEN DAYAL UPADHYAY MARG, NEW DELHI 110 124Empanelment of Chartered Accountant firms/LLPs for the year 2015-16 Online Applications are invited from Chartered Accountant firms/LLPs who d

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Indian Trusts (Amendment) Bill, 2014

06 December 2014 at 10:25

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the introduction of the Indian Trusts (Amendment) Bill, 2014 in the current session of Parliament to amend section 20 and 20A of the Indian Trusts Act, 1882. The amen

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High Level Committee to Interact with Trade and industry on Tax Laws

04 December 2014 at 11:43

In his Budget Speech 2014-15, the Union Finance Minister Shri Arun Jaitley had announced the setting-up of a High Level Committee to interact with trade and industry and ascertain areas where clarity on tax laws is required. Accordingly, a High Level

Posted in Community & General | 3 comments | 11040 Views