CAclubindia News

India Signs Double Taxation Avoidance Agreement with Luxembourg

03 June 2008 at 10:39

Government of India signed a Double Taxation Avoidance Agreement (DTAA) with the Government of the Grand Duchy of Luxembourg for the avoidance of double taxation and for the prevention of fiscal evasion with respect to taxes on Income and on capital,

Posted in Income Tax | 4677 Views

Exports up by 31.5% in April 2008

02 June 2008 at 15:55

India’s exports during April, 2008 were valued at US $ 14400 million (Rs.57633 crore) which was 31.5 per cent higher in dollar terms (24.8 per cent in Rupee terms) than the level of US $ 10953 million (Rs.46164 crore) during April, 2007. Indi

Posted in Others | 3009 Views

PE II students can appear in last 12 mon of training in Final

01 June 2008 at 16:47

ICAI - AnnouncementAll Professional Education (Course-II) students eligible to appear in Final Examination during last twelve months of articled trainingBos/Ancmnet/Final/227May 30, 2008 With a view to mitigate the hardship being faced by a cate

Posted in Students | 9 comments | 15018 Views

Last PE II exam extended to May 2009

31 May 2008 at 17:13

ICAI - AnnouncementLast Professional Education (Examination-II) extended to May 2009Bos/Ancmnet/PE-II/227May 30, 2008 As you may be aware, originally it was decided to hold the Professional Education (Examination-II) upto to May, 2008. However, the C

Posted in Students | 8 comments | 14613 Views

Central Sales Tax (CST) reduced to 2% from 1st June, 2008

31 May 2008 at 01:23

On the basis of the discussions between the Empowered Committee (EC) of State Finance Ministers and the Union Finance Minister regarding the compensation package, the Government of India, Ministry of Finance, Department of Revenue has issued a notifi

Posted in VAT | 8 comments | 33924 Views

GUIDELINES FOR ADVERTISEMENT FOR THE MEMBERS IN PRACTICE

30 May 2008 at 11:43

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (ICAI)(Set up under the Chartered Accountants Act, 1949)ICAI Guidelines No.1-CA(7)/ Council Guidelines/01/2008, Dated 14th May,2008GUIDELINES FOR ADVERTISEMENT FOR THE MEMBERS IN PRACTICE(Issued Pursua

Posted in Career | 1 comments | 7002 Views

Amendment Concerning Service Tax on Chit

29 May 2008 at 16:29

The Central Government has issued notification. No. 27/2008-ST dated the 27th May, 2008, amending notification No. 1/2006-ST dated the 1st March, 2006, prescribing abatement in lieu of CENVAT Credit for the purpose of payment of service tax for the s

Posted in Service Tax | 1 comments | 18009 Views

Income-tax officers are now demanding annexures with IT returns

28 May 2008 at 13:44

The income-tax department in Mumbai appears to be reversing the finance ministry's efforts to simplify the filing of tax returns. Last year, in an effort to reduce the paperwork

Posted in Income Tax | 1 comments | 15216 Views

Cess on income tax proposed to fund fuel subsidy

28 May 2008 at 13:33

Finmin seeks formula for 'revenue-neutral' halving of subsidies, The petroleum ministry has proposed to impose a surcharge on direct taxes to offset the staggering losses oil companies

Posted in Income Tax | 4860 Views

Announcement regarding articled assistants in respect to coaching

27 May 2008 at 10:47

The requirement of compulsory practical training is an integral part of the Chartered Accountancy course. Keeping this in view, the Council has recently issued a statement to ensure that working hours of articled assistants do not clash with any othe

Posted in Students | 3 comments | 18498 Views