CAclubindia News

Investment in Bonds of IFCI, IDFC, LIC and NBFCs (Classified as Infra Finance Company) Eligible for Tax Exemption under Section 80CCF

09 July 2010 at 17:33

Investment in Bonds of IFCI, IDFC, LIC and NBFCs (Classified as Infra Finance Company) Eligible for Tax Exemption under Section 80CCF The Central Government have specified bonds to be issued by (i) Industrial Finance Corporation of India; (ii) Lif

Posted in Income Tax | 7 comments | 10884 Views

RBI to review inflation, GDP outlook on July 27: Dy governor

09 July 2010 at 09:56

RBI to review inflation, GDP outlook on July 27: Dy governor Reserve Bank deputy governor K C Chakraborty said on Thursday that the apex bank will offer its assessment of inflationary trends and economic growth forecast in the forthcoming monetar

Posted in Others | 5289 Views

Indian economy to grow 9.5 pc in 2010: IMF

09 July 2010 at 09:55

Indian economy to grow 9.5 pc in 2010: IMF The International Monetary Fund on Thursday raised India's growth forecast for 2010 to 9.5 per cent, stating that favourable financing conditions and robust corporate profits will accelerate economic

Posted in Others | 2832 Views

Shri Salman Khurshid Presents ICWAI 7th National award for Excellence in Cost Management

09 July 2010 at 09:50

Shri Salman Khurshid Presents ICWAI 7th National award for Excellence in Cost Management BHEL bags 7 awards while LG electronics wins the first award in Private Manufacturing (Large) Category Shri Salman Khurshid, Minister of Corporate Affairs, h

Posted in Corporate Law | 2 comments | 3489 Views

View Tax Credit (Form 26AS) from bank site through net banking facility

08 July 2010 at 17:09

View Tax Credit (Form 26AS) from bank site through net banking facility Online view of Tax Credit Statement (Form 26AS) of taxpayer is also available to net banking account holders of registered banks for the benefits of the ta

Posted in Income Tax | 3 comments | 24048 Views

Investor Awareness Programmes to be held in 5 Metros and a large number of Towns Across the Country

08 July 2010 at 14:50

Investor Awareness Programmes to be held in 5 Metros and a large number of Towns Across the Country It has been noticed that the participation of Indian population in the investment in the corporate sector is less than 1% as against the 15% in so

Posted in Corporate Law | 2886 Views

Submission of Suggestions on the Revised Discussion Paper [RDP] on the Direct Taxes Code [DTC] by the Direct Taxes Committee

08 July 2010 at 11:31

Submission of Suggestions on the Revised Discussion Paper [RDP] on the Direct Taxes Code [DTC] by the Direct Taxes Committee The Direct Taxes Committee of the Institute has submitted its Suggestions on the Revised Discussion Paper [RDP] on the Dir

Posted in Income Tax | 4335 Views

Eight new taxable services w.e.f. 01-07-2010

07 July 2010 at 10:03

Eight new taxable services w.e.f. 01-07-2010 CBEC has notified 8 new taxable Services w.e.f. 1.7.2010 vide Notification No.24/2010-Service Tax dated 22.6.2010. The following are the new taxable Services introduced w.e.f. from 1.7.2010. 1. G

Posted in Service Tax | 10 comments | 18630 Views

Direct Tax Collections Increase 15.49% during First Quarter- Corporate Taxes Register a Growth of 21.65%

06 July 2010 at 17:38

Direct Tax Collections Increase 15.49% during First Quarter- Corporate Taxes Register a Growth of 21.65% Net direct tax collections during first quarter of the present fiscal (up to June 2010) stood at Rs.68,675 crore, up from Rs.59,465 crore in t

Posted in Income Tax | 3123 Views

CAG Organises National Seminar on 'Legislature & Audit Interface'

06 July 2010 at 10:52

CAG Organises National Seminar on 'Legislature – Audit Interface'A National Seminar on ‘Legislature-Audit Interface’ was organised by C&AG here today. The Seminar, which focused on promoting effectiveness of the legislatures in

Posted in Audit | 6168 Views