CAclubindia News

RBI to hike key rates again; auto, home loans to cost more

25 October 2011 at 12:44

The Reserve Bank of India (RBI) is widely expected to again hike key policy rates on Tuesday to curb stubbornly high inflation. The 13th hike since March 2010 will make home and auto loans costlier and put further pressure on economic growth. Wit

Posted in Others | 3 comments | 4563 Views

The Income Tax Department has released a Notification for PAN application

24 October 2011 at 16:01

[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] Notification New Delhi, the 17th day of October, 2011 INCOM

Posted in Income Tax | 21 comments | 46617 Views

Business confidence on the decline: CII

24 October 2011 at 10:29

Uncertainty surrounding the global economy, rising cost of inputs and high interest rates have led to a decline in business confidence during the current quarter, especially among smaller firms, according to a survey by the Confederation of Indian

Posted in Others | 4896 Views

Your loans to get costlier; RBI set to hike rates

24 October 2011 at 10:29

The Reserve Bank of India is expected to raise interest rates in its mid-year monetary policy review on Tuesday — the 13th time in 19 months —to cool inflation that has remained stubbornly high during the past few months. For consume

Posted in Others | 2 comments | 5487 Views

SC wants separate account for F1 entertainment tax

22 October 2011 at 17:30

Jaypee Sports International Ltd, organizer of Indias first Formula One (F1) Grand Prix, was directed by the Supreme Court on Friday to deposit 25% of ticket sale receipts in a separate account. The court passed the interim order in

Posted in Others | 1 comments | 6465 Views

Sebi vigilance chief issues probity call

22 October 2011 at 17:30

The chief vigilance officer of Indias stock market regulator has sent an internal mail to all employees saying his office has been getting complaints alleging that some officers are in constant touch with others to settle cert

Posted in Others | 4842 Views

I-T's Rs 9-lakh reminder to Kejriwal

22 October 2011 at 12:58

The income tax (I-T) department has issued a fresh notice to Arvind Kejriwal, a former Indian Revenue Service officer and member of social activist Anna Hazare's team, asking him to pay Rs 9 lakh in dues to the department by the month-end. &qu

Posted in Income Tax | 3 comments | 7581 Views

LLP - Reminder for For filing Form 8 and Form 11

22 October 2011 at 11:29

All LLPs registered upto 30-September-2010 have to mandatorily close the financial year as on 31-03-2011 and file Form-11 by 30-May-2011 and Form-8 by 30- October-2011. LLPs registered from 01-10-2010 to 31-03-2011 have option either to close fi

Posted in Corporate Law | 13542 Views

Need for Better Co-Ordination Between Monetary and Fiscal Policies for Improving Overall Economic Stability and Growth : FM

22 October 2011 at 10:28

The Finance Minister Shri Pranab Mukherjee has said that the present global economic developments and more particularly the sovereign debt crisis of Europe has once again brought into focus the need for better co-ordination between monetary and fi

Posted in Others | 2499 Views

Finance ministry suggests reconciling accounting standards

21 October 2011 at 18:00

In a move that can help solve corporate litigation with the tax departments and mark a step forward in Indias commitment to implement International Financial Reporting Standards (IFRS), the finance ministry has suggested reconciliation of G

Posted in Others | 1 comments | 9033 Views