CAclubindia News
Economic Survey predicts GDP growth at 8.7% for 2007-08
28 February 2008 at 13:11Pushing for reforms, theEconomic Survey said inflationary impact of foreign funds flow, a slowdown inthe US,an appreciating rupee and sluggish infrastructure sector were major challengesbefore economy. "The new challenge is to maintain growth at thes
Economic survey 2007-08
28 February 2008 at 13:00To download the economic survey click on the link belowhttp://www.caclubindia.com/share_files/files_display.asp?files_id=5086
COMMON PROFICIENTY TEST - TWICE A YEAR
28 February 2008 at 09:35As per the decision of the Council of the Institute, Common Proficiency Test (CPT) examination will henceforth will be held twice a year in the months of June and December every year, instead of four times in the months of February, May, August and N
Highlights of Railway Budget-2008
26 February 2008 at 17:52Following are the highlights of Railway Budget 2008 being presented in Parliament right now:- First Class AC fares reduced by 7%, Second AC by 4% and Third AC by 3%- Second class fares cut by 5%- 53 new trains, 10 Garib Raths -&n
Should dividend remain exempt from IT
22 February 2008 at 09:24The industry andhigh-income taxpayers abhor a tax on dividends. They say it would amount todouble taxation. The argument is that it is wrong to tax the same income twice,once when it is earned by companies and then in the hands of the shareholders a
TDS may cover more incomes
20 February 2008 at 17:11TDS may cover more incomes The upcoming Budget is expected to bring more income heads in the ambit of tax deducted at source (TDS). The scope of TDS may be expanded to include more trades and professions. At present, the TDS net covers income fr
CPT result on 26th feb
20 February 2008 at 16:08The result of the Common Proficiency Test held on 3rd February, 2008 is expected to be declared on Tuesday, the 26th February, 2008 around 12 Noon and the same as well as the merit list (candidates securing a minimum of 60% and above marks and upto t
Tax Refund on 3 new services for Exporters
20 February 2008 at 16:07The service tax refund scheme for exporters has been extended by the Finance Minister, to three more services, but stopped short of including 14 other areas for a similar relaxation. 13 services used by exporters have been made eligible for refund of
Tax Exemption for Co-op banks may come up::
19 February 2008 at 19:52Income generated from agricultural advances by state cooperative banks and district central cooperative banks is likely to be exempted from tax from 2008-09. The finance ministry is considering a proposal to this effect in order to boost farm sector
Gratuity - a Right not Bounty
16 February 2008 at 11:34Gratuity - a Right not Bounty The Supreme Court has ruled that, Gratuity is an inalienable right of an employee and not a bounty or reward that is offered by the management, A Bench of Justices S B Sinha and H S Bedi said that when a benefit is
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