The following government amendments have been proposed in the provisions relating to General Anti-Avoidance Rules (GAAR) contained in the Finance Bill 2012. i) To remove the onus of proof from the tax-payers to the Revenue Department be
Chairman CASB Communique, May 2012
The value addition provided by a profession supplements and strengthens the statutory role which it normally plays under the legal framework by the government. ..
ICAI e-Journal (May 2012)
Dear friends, The future belongs to those who live intensely in the present. As such, we need to intensify our core competence, add more and more value to our services, and be a complete business solutions provider. In line with the saying that
ICAI - Post Budget Memorandum - 2012 - Indirect Taxes
ICAI - Post Budget Memorandum - 2012 - Direct Taxes
RBI/2011-12/515 DBOD.No.Ret.BC.96 /12.01.001/2011-12 April 19, 2012 All Scheduled Commercial Banks Dear Sir, Bank Rate As announced in the Monetary Policy Statement 2012-13, the Bank Rate stands adjusted by 50 basis points from 9.50 per
Press Statement by Dr. D. Subbarao Governor, Reserve Bank of India First of all, on behalf of the Reserve Bank, a hearty welcome to all of you to this annual Monetary Policy for 2012-13. 2. A short while ago, we put out our annual Monetary Pol
This Annual Policy for 2012-13 is set in a challenging macroeconomic environment. At the global level, concerns about a crisis have abated somewhat since the Third Quarter Review (TQR) in January 2012.