Community & General News


Mid-Quarter Monetary Policy Review: March 2013

   20 March 2013 at 10:11

Monetary and Liquidity Measures Based on an assessment of the current macroeconomic situation, it has been decided to: • reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.75 per cent to 7.5

Posted in Community & General |   5967 Views


Special Examination for Members of Foreign Accounting Bodies with whom ICAI had entered into Mutual Recognition Agreement (MRA) / Memorandum of Understanding (MoU)

   15 March 2013 at 10:52

Special Examination for Members of Foreign Accounting Bodies with whom ICAI had entered into Mutual Recognition Agreement (MRA) / Memorandum of Understanding (MoU) Last Date: 4th June, 2013 NOTE FOR INFORMATION AND GUIDANCE OF APPLICANTS Candida

Posted in Community & General  1 comments |   10707 Views


CMA -President Communique for March, 2013

   05 March 2013 at 13:19

Arise, Awake and Stop not till the Goal is reached. -Swami Vivekananda Dear Professional Colleagues, The month of March has begun and I hope you all must be very busy with your professional assignments.

Posted in Community & General  1 comments |   11382 Views


Slew of Administrative Measures for Optimum Efficiency of the Tax Regime

   01 March 2013 at 11:52

The Finance Minister has proposed to continue the series of administrative measures for improving the overall efficiency of the tax regime. Presenting the Union Budget in the Lok Sabha today, Shri P.Chidambaram said that he proposed to expand the

Posted in Community & General  2 comments |   10827 Views


Indirect Taxes - Highlight of Tax Proposals of Union Budget 2013-14

   01 March 2013 at 10:45

Service tax  Voluntary Compliance Encouragement Scheme, 2013 (VCES) is proposed to be introduced to encourage voluntary compliance and broaden the tax base. In this scheme, it is proposed to provide one time amnesty by way of (i) waiver of intere

Posted in Community & General  1 comments |   39183 Views


Direct Taxes - Highlight of Tax Proposals of Union Budget 2013-14

   01 March 2013 at 10:44

The Direct Taxes Code Bill is to be re-introduced before the end of this Budget Session. The Bill is expected to give due weightage to the recommendations of the Parliamentary Standing Committee on Finance and incorporate the best global practic

Posted in Community & General |   44889 Views


ICAI Perspective :Economic Survey-2012-13

   01 March 2013 at 10:44

The Institute of Chartered Accountants of India (ICAI) welcomes the Economic Survey 2012-13 which shows that although the economy exhibited moderate growth rate during 2012-13 but its growth rate is much higher and better than the global growth ra

Posted in Community & General  2 comments |   11355 Views


Service Tax - Amendments proposed in Chapter V of the Finance Act, 1994

   28 February 2013 at 22:53

SERVICE TAX I. AMENDMENTS PROPOSED IN CHAPTER V OF THE FINANCE ACT, 1994: Chapter V of the Finance Act, 1994, is being amended: (i) Definition of 'approved vocational education course' provided in section 65B (11) is being amended: fir

Posted in Community & General  1 comments |   36441 Views


Provisions relating to Direct Taxes -Memorandum - Part 1- Finance Bill, 2013

   28 February 2013 at 22:53

Provisions relating to Direct Taxes -Memorandum - Part 1- Finance Bill, 2013

Posted in Community & General |   14220 Views


Provisions relating to Custom, Excise and Service Tax

   28 February 2013 at 22:53

Provisions relating to Custom, Excise and Service Tax - Memorandum - Part 2- Finance Bill, 2013

Posted in Community & General |   11580 Views



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