CAclubindia News


Last Date for Filing Financial Statements in XBRL Format

   11 November 2011 at 17:01

Last date for filling of financial statements in XBRL formats in respect of specified companies is approaching (30th November 2011 or 60 days from the due date of filing, whichever is later). You are all advised to ensure the filings of your client

Posted in Corporate Law  5 comments |   17646 Views


Announcement for Computer Based Mock CPT - 26th November, 2011

   11 November 2011 at 17:01

Computer based Mock Common Proficiency Test (CPT) ICAI has been working on a cost effective scalable model, for quite some time, for conducting an on-line/computer based Common Proficiency Test (CPT), to cater to a large number of candidates on a na

Posted in Students |   5172 Views


World economy at risk: IMF chief

   11 November 2011 at 15:57

IMF chief Christine Lagarde issued a warning in Beijing on Wednesday that Europe's debt crisis may plunge the global economy into a "lost decade" — long periods of zero or negative growth — experienced by Latin America in

Posted in Others  1 comments |   5010 Views


Over 15000 Tax Disputes Involving Over 1.35 Lakhs Tax Proceedings Settled by Income Tax Settlement Commission

   11 November 2011 at 15:27

The Income Tax Settlement Commission, Ministry of Finance , has settled over 15000 tax disputes involving over 1.35 lakhs tax proceedings in its life time since 1976. In 2010-11, it passed 400 orders, in which it settled income amounting to 595 Cr

Posted in Income Tax  1 comments |   4842 Views


Govt puts strict terms on pumping capital into PSBs

   11 November 2011 at 13:33

India’s cash-starved government has decided to capitalize public sector banks (PSBs) only if the lenders meet certain strict criteria. The finance ministry wants these banks to come with a five-year road map keeping in mind their capital

Posted in Others |   3369 Views


Moody's cuts Indian banking sector outlook

   10 November 2011 at 16:13

Global rating agency Moodys Investors Service on Wednesday downgraded the outlook on Indias Rs64 trillion banking sector to negative from stable, saying a slowing domestic economy and chaos in global markets could lead to more bad lo

Posted in Others  1 comments |   6225 Views


Indian Banking System is strongly regulated: Mukherjee

   09 November 2011 at 12:38

In order to remove anxiety of inflation and slowdown in global economy, Finance Minister Pranab Mukherjee praised the Indian banking system and said the Indian banking system is strongly regulated. Finance Minister said, “The policies and

Posted in Others |   4236 Views


RBI to hold policy guidance on exchange rate and monetary policy

   09 November 2011 at 12:38

In order to remove anxiety of inflation and slowdown in global economy, Finance Minister Pranab Mukherjee praised the Indian banking system and said the Indian banking system is strongly regulated. Finance Minister said, “The policies and

Posted in Others |   3804 Views


CBEC-Chairman's Message to officers and staff

   09 November 2011 at 11:37

CENTRAL BOARD EXCISE & CUSTOMS (CBEC) My dear brothers and sisters in the department, At the outset, let me express my greetings and best wishes to each one of you and to your family for success in all walks of life. I feel it a privilege

Posted in Others |   5481 Views


Key reformist finance laws all set for passage

   09 November 2011 at 10:36

The UPA government, shrugging aside corruption scandals and political criticism that has paralysed parliament for the better part of this year, has lined up a slew of financial sector legislations which it expects to be passed in the forthcoming

Posted in Others |   3939 Views