CAclubindia News

RBI for watch on transactions above Rs10 lakh

23 May 2008 at 11:14

Central bank steps up vigil against money launderingAuthor : Team DNATightening the anti-money laundering norms, the Reserve Bank of India on Thursday made it mandatory for banks to report all suspicious transactions

Posted in Others | 5148 Views

CAs can now Advertise,Council notifies the guidelines

21 May 2008 at 10:31

The Institute of Chartered Accountants of India (ICAI) set-up under the Chartered Accountant Act, 1949 to regulate the profession of Chartered Accountancy is one of the largest and prominent accounting body worldwide. It has been taking various

Posted in Career | 1 comments | 7623 Views

New Chapter of the Institute in New York

19 May 2008 at 17:15

Posted in Students | 5730 Views

ICAI council Approves Accounting Standard (AS) 32,

19 May 2008 at 16:49

The Council of the Institute has approved Accounting Standard (AS) 32, Financial Instruments: Disclosures. The objective of this Accounting Standard is to require entities to provide disclosures in their financial statements to enable users to evalua

Posted in Accounts | 18054 Views

Notification on AS by CG under Companies Act

16 May 2008 at 10:46

The Government recognises the importance of financial reporting in providing essential financial information about the company to its shareholders and other stakeholders, as an integral and important part of good corporate governance. Such informatio

Posted in Accounts | 9681 Views

Lawyers can't take up sales tax audit...CAs can

14 May 2008 at 11:27

Apex court says only chartered/ cost accountants are eligible In a major set back to a large number of lawyers who also perform the job of auditing and verifying sales tax returns, the Supreme Court

Posted in Audit | 2 comments | 9465 Views

IPO refunds are history, new rule in

14 May 2008 at 11:23

Sebi says investors can apply without having to transfer cash Author : N Sundaresha Subramanian/DNAMany investor complaints can be avoided by making some systemic changes, the chairman of the Securities and Exchange Board of India

Posted in Shares & Stock | 4 comments | 13017 Views

CBEC exceeds target in recovering arrears of revenue

14 May 2008 at 11:03

The Central Board of Excise & Customs (CBEC) has exceeded its target in recovering arrears of revenue fixed for the financial year 2007-08. As against the target of Rs. 3550 crore, the department has collected Rs. 5035 crore, which is 42% higher

Posted in Custom | 8661 Views

Post Budget notifications giving effect to prov of Finance Act 08

13 May 2008 at 11:17

The Finance Bill, 2008 received the assent of the President of India on the 10th May, 2008 and consequently the Finance Act, 2008 is being published in the Gazette of India dated 10th May, 2008 as Act No.18 of 2008. Central Government has issued s

Posted in Income Tax | 7734 Views