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ICAI - President's Message - December 2014

29 November 2014 at 11:13

Dear Professional Colleagues, We are what we repeatedly do. Excellence, therefore, is not an act, but a habit, rightly said Aristotle, which is worth taking note by all of us. I believe that akin to our profession, excellence is a never

Posted in Others | 3 comments | 17664 Views

Expert Committee Constituted to Review E-Forms in Companies Act

27 November 2014 at 11:34

Expert Committee Constituted to Review E-Forms in order to Simplify Procedures for Stakeholders Under the Companies Act The Government has recently constituted an Expert Committee to review e-forms and other overall filing process, in order to simpl

Posted in Corporate Law | 1 comments | 12897 Views

Implementation of New Accounting Standards

27 November 2014 at 11:34

In accordance with the announcement in the Budget Speech 2014-15, the Indian Accounting Standards (Ind-AS), based on the International Financial Reporting Standards (IFRS), will be notified for voluntary adoption from the financial year 2015-16 and m

Posted in Accounts | 9 comments | 33246 Views

Procedure of service tax refund/exemption to SEZ notification

27 November 2014 at 11:34

F.No.B1/6/2013-TRUGovernment of IndiaMinistry of FinanceDepartment of RevenueTax Research UnitNorth Block, New Delhi25th November, 2014To,Chief Commissioners of Central Excise and Service Tax (All),Commissioners of Service Tax (All),Commissioners of

Posted in Service Tax | 1 comments | 16671 Views

ICAI President appointed as IFAC board member

24 November 2014 at 18:59

CA.K.Raghu, President, The Institute of Chartered Accountants of India (ICAI) has been appointed as the Board Member of International Federation of Accountants (IFAC) at the IFAC Council Meeting held at Rome, Italy in November, 2014. IFAC is a global

Posted in Others | 12 comments | 16389 Views

Acquisition/Transfer of Immovable property Payment of taxes

21 November 2014 at 11:31

RBI/2014-15/307A.P. (DIR Series) Circular No. 38 ToAll Category I Authorised Dealer BanksMadam/ Sir,Acquisition/Transfer of Immovable property Payment of taxes Attention of Authorised Dealers in Foreign Exchange is invited to Foreign

Posted in Income Tax | 1 comments | 18894 Views

Levy of penal charges on non-maintenance of minimum balances in savings bank accounts

21 November 2014 at 11:31

RBI/2014-15/308DBR.Dir.BC.No.47/13.03.00/2014-15 All Scheduled Commercial Banks(Excluding RRBs) Dear Sir/Madam Levy of penal charges on non-maintenance of minimum balances in savings bank accounts Please refer to our circular DBOD.Dir.BC.53/13.10.00/

Posted in Others | 7 comments | 21735 Views

ICSI Convocation-2014

21 November 2014 at 11:30

ICSI Convocation-2014 for awarding the certificate of membership to the Associate members admitted from 1st April, 2014 to 30th September, 2014 and to award prizes/medals to meritorious students (National) and winner students of national level compet

Posted in Students | 15000 Views

FM asks bankers to work in professional manner

21 November 2014 at 11:30

Finance Minister asks the Bankers to Work in a Professional Manner Without any Fear or Favour ;FM Directs Bankers to Increase flow of Credit to Various Sectors and take Steps to Reduce their NPA; Says That Global Growth is Patchy but Foreign Investor

Posted in Others | 1 comments | 14943 Views

Clarification on insider trading by SEBI

20 November 2014 at 12:40

SEBI Board Meeting The SEBI Board met in Mumbai today and took the following decisions: (I) SEBI (Prohibition of Insider Trading) Regulations, 2014 (1) Two decades had passed since the SEBI (Prohibition of Insider Trading) Regulations, 1992 were n

Posted in Shares & Stock | 19017 Views