CAclubindia News

Due date of advance FBT extended

15 September 2007 at 12:59

By virtue of the provision of clause (d) of sub-section (1)section 115 WB, introduced by Finance Act, 2007, an employer isliable to pay Fringe Benefit Tax on any consideration for employmentprovided by way of any specified security or sweat equity sh

Posted in Income Tax | 4626 Views

Opportunity for CAs to work in Scotia Canada

14 September 2007 at 13:52

OPPORTUNITY TO WORK IN NOVA SCOTIA, CANADAProfessional Development Committee (PDC) of ICAI is working with BusinessDevelopment, Emerging Markets team of Nova Scotia Business Inc. (NSBI) to facilitaterecruitment of members of ICAI for employment in No

Posted in Others | 5568 Views

Branding management accountants as bean growers, not counters

13 September 2007 at 21:33

Chennai, Sept. 13: Repositioning the management accountant, and showcasing him as a strategist and performance management specialist are among the themes that the Institute of Cost and Works Accountants of India (ICWAI) is planning to pursue at the '

Posted in Others | 3672 Views

For the first time, TDS on RBI bonds !!

13 September 2007 at 16:14

Perhaps the most favoured savings instrument of Indian investors is the 8% RBI Savings Bond. Safe to the hilt, it has retained its popularity in spite of the sharp appreciation in interest rates in recent times. So far, the interest on the bonds, tho

Posted in Income Tax | 5007 Views

Indian banks not affected by subprime - RBI deputy

13 September 2007 at 11:55

Indian banks are not affected by the U.S. subprime crisis and are largely on course to meet the Basel-II guidelines by March 2008, the central bank's deputy governor, V. Leeladhar, said on Thursday."By and large Indian banks are not affected by the s

Posted in Others | 2553 Views

New syllabus for ICWA

12 September 2007 at 14:14

Chennai, Sept 11: The Institute of Cost and Works Accountants of India will introduce a new syllabus from next year, to upgrade the educational skills of students, under which a student will be required to undergo the mandatory three year practical t

Posted in Accounts | 8346 Views

Govt considering overhaul of the Indian Trusts Act, 1882

12 September 2007 at 14:10

The government is considering an overhaul of the Indian Trusts Act, 1882, which would allow more flexibility to trusts in their investment decisions. The move is aimed at making the pre-independence law more contemporary. At present, registered trust

Posted in Income Tax | 2751 Views

It's PANraj, now

11 September 2007 at 12:36

Apropos of 'Got PAN? You may shell out more for LPG' (ET, Sept 7), it's preposterous and a harebrained idea. It shows that our politicians lack common sense. Many people have obtained PAN out of compulsion to comply with certain mandatory requirement

Posted in Income Tax | 4887 Views

Home buyers get service tax waiver ::

11 September 2007 at 09:26

Finally, the clouds of uncertainty over levying of service tax have disappeared from the minds of realty consumers and developers. According to a ruling by the Union Finance Ministry, the developers have been exempted from the service tax net, which

Posted in Service Tax | 6159 Views

NEXT CA;;CPT EXAM. ON 4th NOV. 07 !

11 September 2007 at 09:17

Sale of 04th November 2007 CPT Examination Information Brochure and forms through AXIS Bank in Delhi / New Delhi The next Common Proficiency Test (CPT) of the Institute will be held on 4th November 2007. The sale of Examination Information Brochure

Posted in Career | 5136 Views