CAclubindia News

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 | 7584 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 | 13554 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 | 2505 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 | 9045 Views

Observance of Vigilance Awareness Week as "Grievance Redressal Week"

21 October 2011 at 18:00

F.No. DGIT (Vig.)/PV/2010-11/VAP Date : 20.10.2011 To, All the CCsIT(CCA) Madam/Sir, Sub : Observance of Vigilance Awareness Week as Grievance Redressal Week - Reg. Ref : DO letter even number of DGIT (Vig.) dated 28.09.2011. Please

Posted in Income Tax | 1 comments | 5799 Views

Ashok Chawla takes oath as New Chairman of CCI

21 October 2011 at 12:29

Shri Ashok Chawla today took oath as New Chairman of the Competition Commission of India. He was administered the oath of the office by Union Corporate Affairs Minister Dr. M. Veerappa Moily in his Office. Shri Chawla has been the former Finance Sec

Posted in Corporate Law | 5124 Views

Extension of date of submission of service tax half yearly returns

20 October 2011 at 17:17

F. No. 137/99/2011 – Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs *** New Delhi dated the 20th October 2011 ORDER NO. 1 /2011 – Service Tax In exercise of the p

Posted in Service Tax | 19 comments | 23703 Views

CBDT Makes Discussion Paper on Tax Accounting Standards Public

20 October 2011 at 17:17

The Central Board of Direct Taxes (CBDT) has made public the discussion paper on accounting standards, to be known as Tax Accounting Standards (TAS), for feedback from all concerned. The discussion paper is available on the following web-sites:

Posted in Income Tax | 6018 Views

RBI may hold fire after 25 bps hike

19 October 2011 at 13:11

The task before the Reserve Bank of India (RBI) as it prepares to unveil the second quarter review of monetary policy is tricky. Headline wholesale price inflation (WPI) continues to be sticky, close to double-digit levels in provisional terms. Al

Posted in Others | 3033 Views

RBI against letting MFIs collect small deposits

19 October 2011 at 13:11

Indias central bank has objected to a government proposal to allow microlenders to collect small deposits from poor borrowers. The Reserve Bank of India (RBI) has said it is concerned about the safety of the money deposited with microlend

Posted in Others | 3315 Views