CAclubindia News


FAQ's on Service Tax Voluntary Compliance Encouragement Scheme, 2013

 14 August 2013 at 12:22

VOLUNTARY COMPLIANCE ENCOURAGEMENT SCHEME (VCES), 2013 Q1. Whether a person who has not obtained service tax registration so far can make a declaration under VCES? Any person who has tax dues to declare can make a declaration in terms of the provis

Posted in Service Tax |   18690 Views


Under the provisions of Chapter XX-C of the Income Tax Act 1961 -Proposal for exemption of prior approval of Cabinet for disposal of immovable properties acquired by the Central Government

 14 August 2013 at 11:19

The Union Cabinet today approved the proposal for exemption of prior approval of Cabinet for disposal/auction of immovable properties acquired by the Central Government under the provisions of Chapter XX-C of the Income Tax Act 1961. Earlier a gov

Posted in Income Tax |   11667 Views


Cabinet approves Setting up of Tax Administration Reform Commission

 14 August 2013 at 11:07

The Union Cabinet today approved the proposal for setting up of the Tax Administration Reform Commission (TARC). The Commission will consist of a Chairman, two full time members and four part-time members, of which at least two part-time members w

Posted in Income Tax |   1 comments |   6177 Views


Statement by Shri P Chidambaram, Union Finance Minister in Parliament

 13 August 2013 at 11:39

Following is the Text of the Statement made by the Union Finance Minister Shri P. Chidambaram in Parliament today: “Last year, at this time, the foremost challenge to the Indian economy was the growing fiscal deficit. Hence, on

Posted in Community & General |   4 comments |   9450 Views


Request for extension of stamp duty payment not to be entertained by MCA

 13 August 2013 at 11:38

Stakeholders may kindly note that requests for extension of last date for payment of stamp duty beyond the expiry date would not be entertained by MCA w.e.f. 01.10.2013. Stakeholders are requested to make payment of stamp duty within the expiry date

Posted in Corporate Law |   3 comments |   8403 Views


Value Addition By Cost Accountants Recognized in the Companies Bill 2013

 10 August 2013 at 11:58

CMA Suresh Chandra Mohanty, President of The Institute of Cost Accountants of India, congratulated the Honourable Union Minister of Corporate Affairs Shri Sachin Pilot ji, for passing the landmark Companies Bill 2013 in Rajya Sabha thus completing a

Posted in Corporate Law |   7 comments |   20964 Views


ICSI Hails the Passage of Companies Bill 2012 by Parliament

 09 August 2013 at 17:19

Says the New Law will Further Accelerate the Transformation of Company Secretaries into Corporate Governance Professionals The Institute of Company Secretaries of India (ICSI) has welcomed the new Company Law i.e. Companies Bill, 2012 as passed by

Posted in Corporate Law |   13383 Views


Clarifications regarding the Service Tax Voluntary Compliance Encouragement Scheme

 09 August 2013 at 10:46

Circular No. 170/5 /2013 - ST F. No. B1/19/2013-TRU (Pt) Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit ***** New Delhi, dated the 8th August, 2013 To, Chief Commissioners of

Posted in Service Tax |   12849 Views


Highlights of the Companies Bill

 09 August 2013 at 10:39

Highlights of the Companies Bill (as passed by the Lok Sabha on 18.12.12 and by the Rajya Sabha on 08.08.13) • The Bill has 470 clauses as against 658 Sections in the existing Companies Act, 1956. • The entire bill has been divided i

Posted in Corporate Law |   2 comments |   47841 Views


Shri P. Chidambaram Releases FAQ on Service Tax Voluntary Compliance Encouragement Scheme, 2013

 09 August 2013 at 10:08

Shri P. Chidambaram Releases FAQ on Service Tax VCES Says: Scheme A Golden Oppurtunity for Defaulters to Come Clean Union Finance Minister Shri. P. Chidambaram released a booklet containing Frequently Asked Questions (FAQ) on Service Tax Voluntary

Posted in Service Tax |   3 comments |   15510 Views



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