CAclubindia News

Only 14.62 lac assessees disclose income more than 10 lac

11 December 2012 at 13:06

Statement made by Revenue Secretary to Media On August 6, 2012, the Finance Minister Shri P. Chidambaram made a statement on the policy of the Government regarding taxation and tax administration. He emphasized that clarity in tax laws, a stable

Posted in Income Tax | 16557 Views

Incorporation of the Corporate Social Responsibility Provision in the New Companies Bill

11 December 2012 at 13:03

Clause 135 of the Companies Bill, 2011 inter alia, provides for the specified companies to spend at least 2% of the average net profits (of last 3 years) in pursuance of the company’s Corporate Social Responsibilities (CSR) policy and in cas

Posted in Corporate Law | 2 comments | 8700 Views

MCA 21 Project - Achievements and Continuation

11 December 2012 at 13:03

The Government is implementing an e-governance initiative called MCA 21 Project to ensure the efficiency of the core services regarding company affairs. Giving this information in written reply to a question in the Parliament, Shri Sachin Pilot, M

Posted in Corporate Law | 5328 Views

Service Tax (Fifth Amendment) Rules, 2012 - Amendment in Form ST-1 to include accounting codes

10 December 2012 at 13:29

NOTIFICATION NO. 48/2012-ST [F.NO. 137/22/2012-ST]/GSR 858 (E) DATED 30-11-2012 In exercise of the powers conferred by sub-section(l) read with sub-section (2) of section 94 of the Finance Act, 1994 ( 32 of 1994), the Central Government hereby

Posted in Service Tax | 8 comments | 32388 Views

Announcement for CS students appearing in Dec exams

08 December 2012 at 12:40

Announcement for CS students appearing in Dec exams Please check the Attached File

Posted in Students | 4 comments | 30636 Views

Information Regarding Tax Evasion

08 December 2012 at 11:36

The Government is focusing on increasing use of Information Technology for detection of evasion of tax. The Government also receives information on tax evasion from public at large through letters, e-mails, reports in media etc. the Government gran

Posted in Income Tax | 6 comments | 17505 Views

Committee on Direct Cash Transfers

07 December 2012 at 11:43

Government has constituted National Committee on Direct Cash Transfers chaired by the Prime Minister as a mechanism to coordinate action for introduction of direct cash transfers to individuals under various Government schemes and programmes. The

Posted in Income Tax | 10329 Views

Bilateral Convention on Avoidance of Double Taxation between India and UK

07 December 2012 at 11:43

A protocol amending the existing convention between India and the United Kingdom (UK) for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income and capital gains was signed in London on 30.10.2012, the

Posted in Income Tax | 7599 Views

Announcement for Financial Assistance from Chartered Accountants Students Benevolent Fund

06 December 2012 at 11:58

THE CHARTERED ACCOUNTANTS STUDENTS BENEVOLENT FUND (CASBF) The Board of Trustees of The Chartered Accountants Students Benevolent Fund have decided to grant financial assistance to 200 students (who are currently undergo

Posted in Students | 4 comments | 15432 Views

Independent Regulator for Auditors

05 December 2012 at 12:10

The Parliamentary Standing Committee on Finance which examined the Companies Bill, 2009 and the Companies Bill, 2011 had recommended that the National Advisory Committee on Accounting and Auditing Standards (NACAAS), proposed in the Companies Bill

Posted in Corporate Law | 1 comments | 13416 Views