CAclubindia News


Direct tax collection grows by a meagre 7.14 percent

   12 December 2012 at 11:24

Gross Direct Tax Collection Figures for April-November 2012-13 Up by 7.14 Percent at Rs. 3,25,696 Crore as Against Rs. 3,04,002 Crore in the Same Period Last Year Gross direct tax collections during April-November of the Financial Year 2012-13 was

Posted in Income Tax |   4764 Views


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 |   16593 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 |   5346 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 |   8772 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 |   32475 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 |   30663 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 |   17529 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 |   10362 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 |   7620 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 |   15501 Views



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