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
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
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
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
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
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
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
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
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
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
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)