CAclubindia News
New Chapter of the Institute in New York
19 May 2008 at 17:15The Institute of Chartered Accountants of India (ICAI) set-up under the Chartered Accountant Act, 1949 to regulate the profession of Chartered Accountancy is one of the largest and prominent accounting body worldwide. It has been taking various proac
ICAI council Approves Accounting Standard (AS) 32,
19 May 2008 at 16:49The Council of the Institute has approved Accounting Standard (AS) 32, Financial Instruments: Disclosures. The objective of this Accounting Standard is to require entities to provide disclosures in their financial statements to enable users to evalua
Notification on AS by CG under Companies Act
16 May 2008 at 10:46The Government recognises the importance of financial reporting in providing essential financial information about the company to its shareholders and other stakeholders, as an integral and important part of good corporate governance. Such informatio
Lawyers can't take up sales tax audit...CAs can
14 May 2008 at 11:27Apex court says only chartered/ cost accountants are eligible In a major set back to a large number of lawyers who also perform the job of auditing and verifying sales tax returns, the Supreme Court
IPO refunds are history, new rule in
14 May 2008 at 11:23Sebi says investors can apply without having to transfer cash Author : N Sundaresha Subramanian/DNAMany investor complaints can be avoided by making some systemic changes, the chairman of the Securities and Exchange Board of India
CBEC exceeds target in recovering arrears of revenue
14 May 2008 at 11:03The Central Board of Excise & Customs (CBEC) has exceeded its target in recovering arrears of revenue fixed for the financial year 2007-08. As against the target of Rs. 3550 crore, the department has collected Rs. 5035 crore, which is 42% higher
Post Budget notifications giving effect to prov of Finance Act 08
13 May 2008 at 11:17The Finance Bill, 2008 received the assent of the President of India on the 10th May, 2008 and consequently the Finance Act, 2008 is being published in the Gazette of India dated 10th May, 2008 as Act No.18 of 2008. Central Government has issued s
The Finance Bill, 2008 passed on 10th May 2008
12 May 2008 at 10:47The Finance Bill, 2008 received the assent of the President of India on the 10th May, 2008 and consequently the Finance Act, 2008 is being published in the Gazette of India dated 10th May, 2008 as Act No.18 of 2008. Central Government has issued seve
Download CA Final May 2008 question papers
11 May 2008 at 14:19To download 1st group CA Final May 2008 question papers click on the links below :Q paper Accounts Final may 08Q paper Mafa Final may 08Q paper Audit Final may 08Q paper Law Final may 08Costing May 08 Q paper FinalDirect tax May 08 Q paper FinalIndir
Comodities transaction tax to come into force by July
07 May 2008 at 14:12The CTT, which will be administered by the Central Board of Direct Taxes (CBDT), will be levied at the rate of 0.017 per cent on sellers of commodity futures as well as options. Purchasers of options, who exercise them, will pay 0.125 per cent on the
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