The Conceptual Framework sets out the concepts that underlie the preparation and presentation of financial statements. It identifies principles for the IASB to use when it develops and revises its IFRSs. The International Accounting Standards Boar
Net direct tax collections for the current F.Y. 2013-14, up to 17th September 2013, stood at Rs. 2,38,325 crore as against Rs. 2,11,641 crore in the same period last year showing a growth of 12.5%. Corporate tax collections are Rs. 1,46,610 crore as
F.No.354/182/2013-TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit ***** New Delhi, 17th September, 2013 AD-HOC EXEMPTION ORDER NO.1/1/2013 Whereas the recent floods and landslides has caused ex
As part of measures to contain the current account deficit, the customs duty on gold has been revised upwards periodically in the past two years. Prior to 17th January 2012, the import duty on standard gold (of purity 99.5% & above) was Rs. 300
THE INSTITUTE OF COST ACCOUNTANTS OF INDIA (Statutory Body under an Act of Parliament) CMA Bhawan, 12, Sudder Street, Kolkata-700016 NOTIFICATION No. CMA(12)/2013 September 16, 2013 Sub: Mode of Payment It is hereby notified for general informat
Circular No. 974/08/2013-CX F. No. 4/2/2011-CX-1 Government of India Department of Revenue Central Board of Excise & Customs New Delhi ****** New Delhi, the 17th September 2013 To All Chief Commissioners of Central Excise & Cus
The Central Board of Direct Taxes (CBDT) has permitted Electoral Trusts to file their applications upto 30th November, 2013 in respect of Assessment Year 2014-15 for approval under clause (22AAA) of Section 2 of the Income-tax Act, 1961 (read with P
RBI/2013-2014/253 DGBA.GAD.No.H – 1739/42.01.029/2013-14 September 13, 2013 The Chairman & Managing Director/The Chief Executive Officer All Agency Banks Dear Sir/Madam, Opening of the Bank Branches for accepting the advance tax ch
Centralized Processing Center (CPC), Bengaluru, the flagship project of Income Tax Department with M/s.Infosys Limited as the Managed Service Provider, was awarded “ISO 15489-1: 2001” certificate by British Standards Institution (BSI). W
Highlighting the important features of the Companies Act, 2013, the Minister of Corporate Affairs has said that the Act is the result of intensive consultative process by his Ministry with industry, professionals, corporates and other stakeholders.