CAclubindia News


ICAI council Approves Accounting Standard (AS) 32,

 19 May 2008 at 16:49

The 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

Posted in Accounts |   18135 Views


Notification on AS by CG under Companies Act

 16 May 2008 at 10:46

The 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

Posted in Accounts |   9789 Views


Lawyers can't take up sales tax audit...CAs can

 14 May 2008 at 11:27

Apex 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

Posted in Audit |   2 comments |   9597 Views


IPO refunds are history, new rule in

 14 May 2008 at 11:23

Sebi 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

Posted in Investments & Personal Finance |   4 comments |   13101 Views


CBEC exceeds target in recovering arrears of revenue

 14 May 2008 at 11:03

The 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

Posted in Custom |   8763 Views


Post Budget notifications giving effect to prov of Finance Act 08

 13 May 2008 at 11:17

The 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

Posted in Income Tax |   7806 Views


The Finance Bill, 2008 passed on 10th May 2008

 12 May 2008 at 10:47

The 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

Posted in Corporate Law |   1 comments |   13881 Views


Download CA Final May 2008 question papers

 11 May 2008 at 14:19

To 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

Posted in Students |   1 comments |   50355 Views


Comodities transaction tax to come into force by July

 07 May 2008 at 14:12

The 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

Posted in Community & General |   4665 Views


Expect lobbying for perpetual STPI to continue

 03 May 2008 at 16:33

Author : C Chitti Pantulu/DNA-Daily News & Analysis Brokerages and analysts are reworking their numbers to re-rate IT counters following the government's decision to extend the Software Technology Parks of India (STPI) scheme for one more year. Finan

Posted in Income Tax |   4254 Views



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