CAclubindia News

KPO's showering job for Chartered Accountants

24 September 2007 at 22:52

You may wonder what is the limit for KPO? What are the fields that it can not delve into? Latest in the know will tell you that chartered accountants in India are highly in demand. One educational institute in India which teaches students chartered a

Posted in Career | 9861 Views

Taxpayers may pay for I-T's delay

23 September 2007 at 02:36

Taxhounds may once again spoil the sleep of a lot of people. This time it won't be the bark or bite but their deafening silence on valuation norms for fair market value of Esop shares. The Central Board of Direct Taxes (CBDT) is formulating the guide

Posted in Income Tax | 3459 Views

Cash registers at North Block are ringing !!!

23 September 2007 at 02:29

The cash registers at North Block are ringing loud, thanks to the India growth story which shows no signs of any twist in the tale. Signalling a buoyant trend in revenue growth, direct tax collection crossed the Rs 1-lakh crore milestone this fiscal,

Posted in Income Tax | 2664 Views

TRP's may seek loan from Psu's

22 September 2007 at 17:07

As many as 3,545 people have qualified so far and government is keen that they can start business in the current yearA few state-owned banks are working on a scheme to provide soft loans to newly-minted tax return preparers (TRPs) to buy office equip

Posted in Others | 3969 Views

RBI asks auditors to tighten reporting norms for NBFCs

22 September 2007 at 17:01

The non-banking finance companies (NBFCs) are set to face stringent reporting norms by the Reserve Bank of India. The apex banking authority has asked the statutory auditors of NBFCs to improve their reporting. The department of non-banking supervisi

Posted in Shares & Stock | 1 comments | 5559 Views

Tds efforts finally pays off

22 September 2007 at 12:37

Tax deducted at source (TDS) accounts for as much as 50 per cent direct tax collections in this fiscal so far. This figure was 28 per cent and 35 per cent in 2006-07 and 2005-06, respectively. The main reason for this increase is the widening of t

Posted in Income Tax | 2874 Views

Banks must end goondagardi: SC

22 September 2007 at 10:51

NEW DELHI: Taking a serious view on the use of muscle power by banks and financial institutions for recovering loans, the Supreme Court on Friday observed that they cannot engage " goondas " to harass people. There is a rule of law that must be adher

Posted in Others | 3183 Views

Service tax refund fails to cheer exporters

22 September 2007 at 01:49

NEW DELHI: The finance ministry has approved a list of services, including port-based and transport services, for which exporters will be refunded service tax. While the notification has come at a time when exporters are looking forward to all possib

Posted in Service Tax | 3186 Views

Training centre for CAs to open in Hyderabad

21 September 2007 at 22:28

A Centre for Excellence in Business Management for chartered accountants is being opened in Hyderabad with an outlay of Rs20 crore, Institute of Chartered Accountants of India (ICAI), New Delhi president H Sunil Talati said on 21 September.Talati, wh

Posted in Career | 3483 Views

Vodafone drags I-T to court over tax claim!!!

21 September 2007 at 15:27

Vodafone Essar has filed a writ petition in the Bombay High Court challenging the right of the tax authorities to levy a capital gains tax on it.The writ is aimed at preventing the income-tax department from taking further action. The I-T department

Posted in Income Tax | 3102 Views