CAclubindia News

Prosecution for Concealing Income

28 March 2012 at 15:08

Prosecution for Concealing Income Income Tax Department receives information from various sources including from foreign governments under the Double Taxation Avoidance Agreement (DTAA). Whenever such information is received, it i

Posted in Income Tax | 1 comments | 6690 Views

Public sector general insurance companies not to charge service tax on cashless hospitalization claims

27 March 2012 at 15:23

Public Sector General Insurance Companies do not charge Service Tax on Cashless Hospitalization claims. However, hospitals were charging Service Tax on Cashless Hospitalization from 01.07.2010 to 30.04.2011 as per the provisions of the Finance Act

Posted in Service Tax | 1 comments | 7869 Views

Training institutes to register themselves either as a company under the companies act, 1956 or as a society/trust

27 March 2012 at 15:22

The Insurance Regulatory and Development Authority (IRDA) has informed that as per the new guidelines dated 07.12.2011, all new applicants have to register themselves either as a company under the Companies Act, 1956 or as a Society/Trust. For the

Posted in Others | 6084 Views

No proposal to shift the insurance sector to a paperless model

27 March 2012 at 15:21

Insurance Regulatory and Development Authority (IRDA) has reported that there is no proposal to shift the insurance sector to a paperless model. The insurance companies could continue to issue paper insurance policies. However, where an insurer is

Posted in Others | 3330 Views

Expert Panel for Addressing Queries arising during Bank Branch Audits for year ending 31st March 2012

27 March 2012 at 15:20

FOR THE ATTENTION OF THE MEMBERS EXPERT PANEL FOR ADDRESSING QUERIES ARISING DURING BANK BRANCH AUDITS FOR YEAR ENDING 31ST MARCH 2012 Dear Members, The bank audit season is around the corner. Given the fact that the banking industry is typic

Posted in Others | 7539 Views

ICSI- Last date of Registration / Examination Enrollment

27 March 2012 at 15:19

IMPORTANT ANNOUNCEMENT FOR STUDENTS Dear Student, Your kind attention is invited to the followings: 1. Last date of submitting the ex

Posted in Students | 3 comments | 26070 Views

MCA - Registration of Companies under the Companies Act, 1956

27 March 2012 at 15:19

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha that Under the Companies Act, 1956, there is no specific provision for mandatory registration of foreign companies engaged in on-line busin

Posted in Corporate Law | 13383 Views

Revision of Interest Rates for Small Savings Schemes with Effect from 1st April 2012

27 March 2012 at 12:50

Based on the decisions taken by the Government on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), the interest rates for small saving schemes are to be notified every financi

Posted in Others | 1 comments | 9330 Views

Implementation of XBRL

27 March 2012 at 12:11

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed theRajya Sabha that the Ministry has set up a committee in November 2011 comprising of XBRL experts and representatives from the corporate sector as well a

Posted in Corporate Law | 5526 Views

Regulation of Foreign Chartered Accountant Firms

27 March 2012 at 12:11

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha that the Indian Chartered Accountant (CA) firms are regulated by the Institute of Chartered Accountants of India (ICAI) in terms of provisi

Posted in Corporate Law | 5004 Views