DEA OFFICIALS HAD BRAIN STORMING SESSION FOR IMPROVING THE WAY THEY WORK ECONOMIC GROWTH TO BE THE CENTRAL THEME: FM -------------------------------------------------------------------------------- 14:56 IST 7-01-2008In arguably the first effort of
The Institute of Cost and Works Accountants of India (ICWAI) is bringing under a common platform seven management accounting bodies from different parts of the world for a 'Global Summit on Management Accounting' from January 10-12. The summit, which
FM FINALIZES THE IT CODEFinance Minister P Chidambaram today said, that the draft of the Income Tax code, which is expected to simplify and replace the present law, is ready and will be released along with a discussion paper. The release period has n
GLOBAL CA NETWORKING SUMMIT, 2008Professional Development Committee has organized a Global CA Networking Summit to facilitate Networking among CAs practicing in India as also abroad. The Summit will enable delegates to meet professionals interested i
Section 80C of the Income-tax Act provides for a deduction of up to Rs. One lakh to an individual or a Hindu undivided family (HUF) for:- (i) making investments in certain savings instruments; or(ii) incurring expenditure on tuition fee and repayment
The Institute of Chartered Accountants of India (ICAI) has planned Centres of Excellence realising the power of soft skills required to become a competitive professional and to empower its members."We have decided to spend Rs 200 crore in five years
YEAR END REVIEW-2007- MINISTRY OF CORPORATE AFFAIRS The name of the Ministry has been changed from 'Ministry of Compan
Direct tax collections continued to record a growth of over 40 percent for the period 1st April to 15th December 2007. According to provisional data, net tax collections stood at Rs.1,64,407 crore, up from Rs.1,15,377 crore during the same period las
Professionals, both salaried and self employed, as well as traders should be prepared to pay more tax. The Centre is considering amending the Constitution to raise the ceiling on professional tax from Rs 2,500 per annum at present to Rs 5,000.The tax
The government is extending the due date of filing of income tax return to February 29, 2008. The centre on Friday informed the Supreme Court that the due date for of filing of income-tax return was being extended in view of the confusion regarding f
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