CAclubindia News


Internal auditor can carry tax audit for FY 2008-09

   10 March 2009 at 14:51

The Council in its 281st meeting held from 3rd to 5th October, 2008 decided that an internal auditor of an assessee, whether working with the organization or an independently practicing Chartered Accountant being an individual chartered accountants o

Posted in Audit  1 comments |   23811 Views


Direct tax collection figures

   09 March 2009 at 16:46

Net direct tax collections during first eleven months of the present fiscal (up to February 2009) stood at Rs.258,902 crore, up from Rs.232,676 crore, registering a growth of 11.27 percent. Growth in Corporate Taxes was 16.79 percent (Rs.162,617 cror

Posted in Income Tax |   10692 Views


Revised budget estimates suspect

   09 March 2009 at 13:58

Overstating receipts; optimistic on plan spending? Author : S Gangadharan/DNAContent :The revised figures of Budget 2008-09 seem to be based on poor fiscal marksmanship.If the total resource mop-up is to conform to the now projected Rs 574,438 crore,

Posted in Taxpayers |   16842 Views


Financial engineering has gone on too long, too far already

   06 March 2009 at 12:57

 It's time we got back to fundamentals and simplicity  Author : D Thyagarajan/DNAMuch has been said and written about the meltdown in financial markets. What has happened is so large in scale and the import for emerging economies like India

Posted in Career  3 comments |   9165 Views


Empanelment as Peer Reviewer with Peer Review Board

   06 March 2009 at 11:35

Announcement for Empanelment as Peer Reviewer with the Peer Review Board - (05-03-2009)The global & national economic environment has in recent times been featured by the turbulences on the financial scenario following the unearthing of the fraud

Posted in Career |   7890 Views


Govt exempts taxable services provided to SEZ

   04 March 2009 at 10:30

Govt exempts taxable services   provided  to Special Economic Zone, and received by a developer or units of a Special Economic ZoneNOTIFICATION NO 9/2009-SERVICE TAXDated: March 3, 2009In exercise of the powers conferred by s

Posted in Service Tax  2 comments |   18747 Views


Exemptions for CAs in Examinations Conducted by Insurance Institute of India

   03 March 2009 at 16:19

Insurance Institute of India has decided to grant exemptions in the Licentiate, Associateship and Fellowship papers of its course curriculum to the members of CA Institute in general and DIRM qualified members in particular.The exemption has been gra

Posted in Career  7 comments |   20052 Views


CS Dec 2008 Exam Toppers

   25 February 2009 at 16:40

Stage of Exam FIRST RANK SECOND RANK THIRD RANK FINAL EXAMINATION

Posted in Students  4 comments |   25965 Views


Examination application forms for PEII, PCE, Final

   25 February 2009 at 10:19

The sale of Examination Application forms for PEE – II, PCE and Final Examinations would commence from 27th February, 2009 - (24-02-2009)24th February, 2009The next Chartered Accountants Examinations of the Institute will be held from 1st to 15

Posted in Students  3 comments |   22497 Views


Govt reduces excise duty, service tax by 2 percent

   24 February 2009 at 16:30

Government today reducedrates of excise duty and Service tax by two per cent.The general excise duty has been reduced from 10 per cent to 8 per cent.The rate of service tax cut from 12 per cent to 10 per cent.Duty on bulk cement has been reduced from

Posted in Service Tax  33 comments |   35193 Views



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