CAclubindia News
Who is who of Retail Sector speaks their "heart out"!!
08 February 2008 at 20:27N V Sivakumar, leader, retail practice, PricewaterhouseCoopers · Retail sector has not been fully liberalised - Foreign equity participation should be extended, especially in a situation where most foreign retailers are sensitive to the pr
UPA, Left desires: Budget for the masses- "aam aadmi budget".
08 February 2008 at 20:27The UPA government and its Left allies agreed on Thursday that the coming Budget should be an 'aam aadmi' Budget. According to leaders of the coalition government present at the meeting, the wish lists of the UPA partners and the Left allies mor
Tax Administrtation Intakes IT Facility : Government
08 February 2008 at 16:03Tax Administrtation Intakes IT Facility : Government India ranks165th, as placed by a World Bank-IFC-PricewaterhouseCoopers study called Paying Taxes, 2008. India's ranking, measured on the basis of ease of paying taxes, was marginally b
Income Tax Surveys in full swing
08 February 2008 at 10:14Income Tax Department had recently carried out a search operation against a group of Gurgaon engaged in development of real estate and running a private airline. On the basis of evidence collected during that search, surveys were subsequently conduct
GST set to replace state & central taxes by 2010
08 February 2008 at 09:03GST set to replace state& central taxes by 2010 Theproposed unified goods & service tax (GST) regime could spell an end tovarious kinds of exemptions enjoyed by the corporate sector. These includearea-based exemptions and sectoral tax breaks. Finan
Charitable Trusts under Finance Minister's Scrutiny
07 February 2008 at 16:30Charitable Trusts under Finance Minister's Scrutiny The government is considering a proposal to redefine and narrow the concept of "charitable activity" to ensure that only deser
Extension of limits in a Bewildered State: Budget
06 February 2008 at 13:13With the last full-fledged Budget of the UPA government, Finance minister P Chidambaram might spread cheer all around with Budget 2008-09. A hike in the income-tax exemption limit from Rs 1,10,000 to Rs 1,25,000., a higher ceiling for tax-saving in
Quarterly TDS return due date extended-CBDT
06 February 2008 at 13:01The Central Board of Direct Taxes have extended the due date for filing of quarterly statements of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) for the quarter ending 30th September 2007 of financial year 2007-08 to 29th February 20
Indian CA get ready for Australia and UK
06 February 2008 at 10:48Indian CA's can look forward to practice in Australia and UK as ICAI is in the process fof sighing agreements with its counterparts for mutual recognition of each others course.As per ICAI president Ved Jain there is a possibility to sign MRA(M
Tax Dept to use identity-search software to prevent evasion
05 February 2008 at 20:16Tax Dept to use identity-search software to prevent evasionThe Income Tax Department is gearing up to use identity-search technology to manage the swelling data base of taxpayers, a move that will make tax evasion difficult and bring to book habitual
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