CAclubindia News

FM Wants New Tax Regime Which is Simple and Broad Based

23 July 2010 at 10:08

FM Wants New Tax Regime Which is Simple and Broad Based Leading to Lowering of Tax Rates, Better Tax Compliance and Reduced Litigation: Looking forward to Constructive Suggestions from Empowered Committee of State FMS on GST to set-up an Innovative

Posted in VAT | 15681 Views

RBI sets up Working Group to address Implementation Issues in IFRS

23 July 2010 at 09:57

RBI sets up Working Group to address Implementation Issues in IFRS The Reserve Bank of India has constituted up a Working Group under the Chairmanship of Shri P R Ravi Mohan, Chief General Manager, Department of Banking Operations & Developmen

Posted in Accounts | 1 comments | 5427 Views

Newly Elected President and Vice President of ICWAI

23 July 2010 at 09:56

Newly Elected President & Vice President of ICWAI Shri Brijmohan Sharma has been elected as President of ICWAI for the year 2010-11 Shri M. Gopalakrishnan has been elected as Vice President of ICWAI for the year 2010-11

Posted in Community & General | 5 comments | 4899 Views

Processing of returns of Assessment Year 2009-10 - Steps to clear backlog

22 July 2010 at 16:38

Processing of returns of Assessment Year 2009-10 - Steps to clear backlog Instruction No. 5/2010 [F.No.225/25/2010-ITA-II] Dated 21-7-2010 The issue of processing of returns for Asst. year 2009-10 and giving credit for TDS has been considere

Posted in Income Tax | 5547 Views

Funding of Phase II of the Unique Identification Authority of India (UIDAI) Scheme approved

22 July 2010 at 13:14

Funding of Phase II of the Unique Identification Authority of India (UIDAI) Scheme approved The Cabinet Committee on Unique Identification Authority of India related issues (CC-UIDAI) today approved the commencement of Phase II of the scheme at an

Posted in Community & General | 3375 Views

Preparation of correction TDS/TCS statement made easy. Register your TAN online and get your consolidated TDS/TCS statement

22 July 2010 at 10:44

Preparation of correction TDS/TCS statement made easy. Register your TAN online and get your consolidated TDS/TCS statement Deductors / collectors are required to furnish a quarterly TDS / TCS statement as per guidelines of the Income Tax Departme

Posted in Income Tax | 15585 Views

PM to be briefed on economy on Friday

22 July 2010 at 10:40

PM to be briefed on economy on Friday Prime Minister Manmohan Singh will be briefed on the state of the economy and the growth outlook by his economic advisory council on Friday. Chairman of the Prime Minister's Economic Advisory Council (PME

Posted in Community & General | 2352 Views

Govt proposes 20% GST on goods, 16% on services

22 July 2010 at 10:34

Govt proposes 20% GST on goods, 16% on services Finance Minister Pranab Mukherjee on Wednesday proposed a three-rate structure for the Goods and Services Tax - which will simplify the indirect tax regime. Under this goods will attract 20 percent

Posted in GST | 5 comments | 8496 Views

Procedure for Verification of Answer Books of Chartered Accountants - Final Examinations (May-2010) and Common proficiency test (June-2010)

21 July 2010 at 17:07

Procedure for Verification of Answer Books of Chartered Accountants - Final Examinations (May-2010) and Common proficiency test (June-2010) The Students who wish to apply for Verification of their answer books for the Chartered Accountants Examin

Posted in Students | 5 comments | 15591 Views

Speech of Finance Minister at the Meeting with the Empowered Committee of State Finance Ministers

21 July 2010 at 17:03

Speech of Finance Minister at the Meeting with the Empowered Committee of State Finance Ministers Following is the text of the speech of Finance Minister, Shri Pranab Mukherjee delivered at the meeting of the Empowered Committee of State Finance M

Posted in Community & General | 4584 Views