CAclubindia News

Use of CA logo on excel sheets is permitted

01 October 2007 at 16:48

Use of CA logo on excel sheets is permitted. Members may follow as per attached sample.Please click here for sample http://icai.org/icairoot/announcements/calogo_excelsheet.html

Posted in Career | 7983 Views

MAN RECEIVES INCOME TAX REFUND AFTER 11 YEARS

01 October 2007 at 16:46

Eleven years after he began his fight for an income tax refund, a man has finally managed to receive his due from the authorities coupled with accrued interests following delay in payment. Prakash Aswani, who took voluntary retirement from United In

Posted in Income Tax | 5094 Views

Change in Accounting mode for municipalities!!

29 September 2007 at 12:15

Statesman News Service"The accounting procedures of all the municipalities should change from the existing single entry system to a double entry mercantile system, and even the government ought to switch over to the practice," said Mr Sunil Talati, p

Posted in Accounts | 4026 Views

Higher rupee both problem and oppurtunity

29 September 2007 at 02:46

A part and parcel of India's sizzling growth story during the last five years is the sustained spurt in merchandise exports, which have grown by more than 20 per cent in dollar terms annually in this period. Yet exporters are none too happy as they

Posted in Others | 3705 Views

Paper Documents back as I-T refunds not e-asy

28 September 2007 at 16:47

NEW DELHI: Switching back to paper may help corporate tax payers who had e-filed returns and are still awaiting tax refunds. With Rs 14,000 crore worth of refunds stuck due to non-processing of e-returns, the income-tax department plans to ask them t

Posted in Income Tax | 3549 Views

Foreign companies may enter legal services

28 September 2007 at 14:14

Opening up of legal services for foreign players could be on the cards. The government has begun consultations on the issue with the Indian stake-holders, Law Minister HR Bharadwaj said on Tuesday. He said efforts would be made to build a consensus a

Posted in Others | 1 comments | 3270 Views

Website launched by MCA to educate Investors!!

27 September 2007 at 22:46

Minister of Corporate Affairs- SHRI PREM CHAND GUPTA LAUNCHES WEBSITE TO EDUCATE INVESTORS 19:37 IST The Minister of Corporate Affairs, Shri Prem Chand Gupta launched a website of Investor Education & Protection Fund (IFPF), www.iepf.gov.in here toda

Posted in Others | 3165 Views

Cap on overseas invts by individual MF's may go!!

27 September 2007 at 20:19

The cap on overseas investments by individual mutual funds is likely to be removed.A finance ministry official said on Wednesday that the government and the Reserve Bank of India (RBI) have decided to do away with the ceiling. Currently, Indian mutua

Posted in Shares & Stock | 3537 Views

FBT on Stock Options To Hit MNC Expats!!

27 September 2007 at 20:19

The fringe benefit tax (FBT) on employee stock option plans (Esop) could hit expatriate employees of multinational companies as credit cannot be claimed against it under double taxation avoidance agreements (DTAA). Thus, expat employees of multinatio

Posted in Income Tax | 3219 Views

Judicial proceedings beyond purview of RTI

26 September 2007 at 21:02

In a landmark decision, the Central Information Commission (CIC) has ruled that judicial proceedings of all courts and tribunals are beyond the purview of the Right to Information Act."...a judicial authority must function with total independence and

Posted in Income Tax | 2610 Views