CAclubindia News

Exclusion of certain topics for May 2013

29 November 2012 at 11:10

Exclusion of certain topics from the Paper 7A of IPCC – Information Technology for May 2013 examination and onwards It has been decided that in IPCC Group II Paper 7A: Information Technology paper, no questions will be asked from the follo

Posted in Students | 69513 Views

Facts on the proposed project of Centre of Excellence at Nagpur

28 November 2012 at 11:59

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA Facts on the proposed project of Centre of Excellence at Nagpur This Statement of Facts as regards Centre of Excellence (COE) project at Nagpur is being issued for the general information of member

Posted in Others | 5415 Views

Rajiv Gandhi Equity Savings Scheme, 2012 u/s 80CCG of the Income-tax Act, 1961

28 November 2012 at 11:58

[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRAORDINARY, DATED THE 23rd Government of India November, 2012] Ministry of Finance Department of Revenue Notification New Delhi, the 23rd (Income-tax) November

Posted in Income Tax | 2 comments | 25959 Views

Action Against Vanishing Companies under Companies Act, 1956

27 November 2012 at 12:04

Action Against Vanishing Companies Provisions in laws and Rules have been made to ensure that companies function/raise money in a manner which is transparent, accountable and is in accordance with the provisions of the Companies Act and other en

Posted in Corporate Law | 5 comments | 11658 Views

Time Taken to Open Business in India

27 November 2012 at 12:04

The Government has said that the time taken to register a company has been reduced to 48 hours. Similarly, issue of Director’s Identification Number (DIN) and name availability of company can now be done online within 24 hours. Giving this i

Posted in Corporate Law | 2 comments | 7383 Views

FDI in Various Sectors

27 November 2012 at 12:04

As per extant FDI policy, FDI, up to 26% is permitted, in the defence sector, with prior Government approval. Government has, further, interalia announced the following decisions:- (i) Amendment of certain conditions relating to FDI, up

Posted in Others | 8616 Views

National Seminar on Costing XBRL filing & Hands on Training on 'Filing of Cost Audit Report & Compliance Report in XBRL' to be held on 5th December 2012, Wednesday at New Delhi

27 November 2012 at 12:03

The Institute of Cost Accountants of India organises National Seminar on Costing XBRL filing & Hands on Training on Filing of Cost Audit Report & Compliance Report in XBRL Wednesday, 5 December 2012 at GulMohar Hall, India

Posted in Career | 8985 Views

Government Takes Several Measures to Contain Fiscal Deficit

24 November 2012 at 11:45

Government has imposed economy measures like rationalization of expenditure and optimization of available resources with a view to improve macroeconomic environment. These include a ban on holding of meetings and conferences at five star hotels, r

Posted in Others | 1 comments | 8178 Views

Web Based Status Tracking Facility Launched to Check Corruption in Income Tax Refunds

24 November 2012 at 11:45

Instances of alleged corruption for settlement of refund claims and complaints come to notice from time to time. Whenever any such instance or complaints comes to notice, the same is verified and if it is found to be correct, the concerned officer

Posted in Income Tax | 7 comments | 15966 Views

Details of search by IT department in India

24 November 2012 at 10:42

The Income tax Department conducts search and seizure operations based on the credible companies, association of ‘persons’ which includes individuals, hindu undivided families (HUFs), firms, companies, association of persons (AoPs), bo

Posted in Income Tax | 14973 Views