CAclubindia News

ICAI nominated by PM for Swachh Bharat Abhiyan

27 December 2014 at 12:28

To take part in the cleanliness drive to mark "Good Governance Day" the Prime Minister Shri Narendra Modi visited Varanasi on Dec 2514. During the visit, Hon'ble Prime Minister nominated the Institute of Chartered Accountants of

Posted in Others | 16 comments | 21627 Views

FM asks custom and excise officers to be both firm and fair while dealing with assesses

27 December 2014 at 11:36

Finance Minister Shri Arun Jaitley Asks the Indian Revenue Service (IRS-Customs & Central Excise) Officer Trainees to be Both Firm and Fair in Their Dealing with the Tax Assesses; Asks Them to Maintain High Level of Ethics, Morality and Credibili

Posted in Custom | 15084 Views

FM holds pre budget consultation with FM of states

27 December 2014 at 11:36

FM: Immediate Challenges Before the Government is to Increase the Growth Rate as it Will Boost Both the Economic Activities and the Revenue Collections FM Holds Pre Budget Consultation Meeting with Finance Ministers of States and Union Territories T

Posted in Others | 5 comments | 12489 Views

Scope of Secretarial Audit under section 204 of the Companies Act, 2013

24 December 2014 at 12:52

Dear Professional Colleagues,Sub: Scope of Secretarial Audit under section 204 of the Companies Act, 2013Section 204 requires every listed company and a company belonging to other class of companies as may be prescribed to annex with its Board

Posted in Corporate Law | 3 comments | 22905 Views

RBI urges to deposit all pre-2005 currency notes before June 30

24 December 2014 at 12:52

Soliciting cooperation from the public in withdrawing these notes from circulation, the Reserve Bank of India has urged them to deposit the old design notes in their bank accounts or exchange them at a bank branch convenient to them. The Reserve Bank

Posted in Others | 6 comments | 22545 Views

Most of the states to benefit from GST

23 December 2014 at 10:50

Most of the States to benefit from GST from day one; Provisions have been Made in the Constitution Amendment Bill on GST to Ensure that none of the States Lose any Revenue after the Implementation of the GST: FM The Union Finance Minister, Shri Arun

Posted in GST | 21333 Views

Admissions of Undisclosed Income under coercion / pressure during Search / Survey

22 December 2014 at 10:29

Admissions of Undisclosed Income under coercion/pressure during Search/Survey Detailed information has been attached herewith

Posted in Income Tax | 17535 Views

Govt has no say in conducting CA exams

22 December 2014 at 10:29

All activities connected with conduct of examinations by the Institute of Chartered Accountants of India and the Institute of Cost Accountants of India including setting of papers, valuation, pass percentage, declaration of results etc. are undertake

Posted in Students | 8 comments | 44502 Views

IFRS to be implemented from FY 2015-16

22 December 2014 at 10:28

The Finance Minister in the Budget speech 2014-15 announced that the Indian Accounting Standards (Ind AS) i.e. accounting standards based largely on with International Financial Reporting Standards (IFRS) shall be applied by Indian Companies from F.Y

Posted in Others | 10 comments | 32454 Views

ICAI welcomes amendment related to fraud reporting in Companies Bill 2014

19 December 2014 at 10:41

The Companies Act, 2013 had specified a new reporting requirement for the statutory auditors of companies. Under Section 143(12) of the Companies Act, 2013 the auditor was required to report on frauds/ suspected frauds in certain situations laid down

Posted in Corporate Law | 2 comments | 22296 Views