CAclubindia News
Statement by FM on Remonetisation
30 December 2016 at 10:40Statement made by the Union Finance Minister Shri Arun Jaitley on Remonetisation and its impact. Following is the transcription of the Statement made by the Union Finance Minister Shri Arun Jaitley on ‘Remonetisation and its impact’ to me
Report of the Watal Committee on Digital Payments
29 December 2016 at 11:32Comments/suggestions invited from the members of public on the Report of the Committee on Digital Payments within 15 days of hosting the Report on the website After approval of the Cabinet, the Guidelines for the promotion of payments through cards
Draft Bank Branch Auditors Panel for the year 2016-17
29 December 2016 at 10:45Draft Bank Branch Auditors Panel for the year 2016-17
Major policy initiatives of MCA in 2016
28 December 2016 at 11:45Major policy initiatives and achievements of the Ministry of Corporate Affairs (MCA); MCA entrusted with the responsibility to administer the Insolvency and Bankruptcy Code, 2016(Code);The Insolvency and Bankruptcy Board of India (IBBI) established;
Nobody should think that tax evasion is acceptable says FM
27 December 2016 at 11:06Finance Minister: There is a need for move towards a mindset of voluntary compliance and payment of legitimate taxes should be considered as part of the process and nobody should think that tax evasion is acceptable; Payment of due tax is a responsib
16th ICSI national award for Excellence in Corporate Governance presented
26 December 2016 at 10:46On the Dias (From L to R): CS Dinesh Arora, Secretary, The ICSI, CS (Dr.) Shyam Agrawal, Vice- President, ICSI, Smt. Nirmala Sitharaman, Hon'ble Minister of State (I/C), Commerce and Industry, Government of India, CS Vineet Chaudhary, Council M
Clarifications on Direct Tax Dispute Resolution Scheme 2016
24 December 2016 at 11:55F.No.142/11/2016-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes(TPL Division)Clarifications on the Direct Tax Dispute Resolution Scheme, 2016The Direct Tax Dispute Resolution Scheme, 2016 (hereinafter refe
Reporting Cash Transactions under Rule 114E of IT Rules, 1962
23 December 2016 at 17:30Rule 114E of Income-Tax Rules, 1962, for furnishing Statement of Financial Transactions (SFT) came into force with effect from 1st April, 2016. Any person who is liable for audit under section 44AB of the Income-Tax Act, 1961 is required to furnish
Rs 592,613 crore issued to public since demonetisation
23 December 2016 at 10:54Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for supply of adequate quantity of banknotes in vari
ICAI issues code of conduct for elected members
23 December 2016 at 10:54In pursuance of the decision taken at the 356th Meeting of Council held on 29th June - 1stJuly, 2016, the ICAI Code of Conduct for elected, Co-opted and Nominated Representatives has been issued.This Code applies to elected and nominated members to t
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