CAclubindia News

New Secretary , Department of Financial Affairs

09 January 2008 at 09:55

The Appointments Committee of Cabinet has approved the appointment of Shri Arun Ramanathan, IAS (TN:73) presently Secretary, Department of Chemicals & Petrochemicals, Ministry of Chemicals & Fertilizers, as Secretary, Department of Financial Services

Posted in Community & General | 3903 Views

Global meet on management accounting in Delhi

08 January 2008 at 15:22

The Institute of Cost and Works Accountants of India (ICWAI) is bringing under a common platform seven management accounting bodies from different parts of the world for a 'Global Summit on Management Accounting' from January 10-12. The summit, which

Posted in Community & General | 3753 Views

FM FINALIZES THE IT CODE

02 January 2008 at 14:55

FM FINALIZES THE IT CODEFinance Minister P Chidambaram today said, that the draft of the Income Tax code, which is expected to simplify and replace the present law, is ready and will be released along with a discussion paper. The release period has n

Posted in Income Tax | 10731 Views

GLOBAL CA NETWORKING SUMMIT, 2008

29 December 2007 at 12:05

GLOBAL CA NETWORKING SUMMIT, 2008Professional Development Committee has organized a Global CA Networking Summit to facilitate Networking among CAs practicing in India as also abroad. The Summit will enable delegates to meet professionals interested i

Posted in Students | 7419 Views

Ammendment in 80C deduction

29 December 2007 at 00:32

Section 80C of the Income-tax Act provides for a deduction of up to Rs. One lakh to an individual or a Hindu undivided family (HUF) for:- (i) making investments in certain savings instruments; or(ii) incurring expenditure on tuition fee and repayment

Posted in Income Tax | 3 comments | 29235 Views

ICAI plans centres of excellence

28 December 2007 at 18:52

The Institute of Chartered Accountants of India (ICAI) has planned Centres of Excellence realising the power of soft skills required to become a competitive professional and to empower its members."We have decided to spend Rs 200 crore in five years

Posted in Career | 1 comments | 6183 Views

Government committed for better governance of companies

28 December 2007 at 18:48

YEAR END REVIEW-2007- MINISTRY OF CORPORATE AFFAIRS The name of the Ministry has been changed from 'Ministry of Compan

Posted in Corporate Law | 3813 Views

Direct tax growth highest in Mumbai

21 December 2007 at 23:13

Direct tax collections continued to record a growth of over 40 percent for the period 1st April to 15th December 2007. According to provisional data, net tax collections stood at Rs.1,64,407 crore, up from Rs.1,15,377 crore during the same period las

Posted in Income Tax | 3582 Views

Professional tax ceiling may be raised

21 December 2007 at 23:05

Professionals, both salaried and self employed, as well as traders should be prepared to pay more tax. The Centre is considering amending the Constitution to raise the ceiling on professional tax from Rs 2,500 per annum at present to Rs 5,000.The tax

Posted in Income Tax | 1 comments | 11343 Views

Last date for filing return extended to feb 29

17 December 2007 at 17:03

The government is extending the due date of filing of income tax return to February 29, 2008. The centre on Friday informed the Supreme Court that the due date for of filing of income-tax return was being extended in view of the confusion regarding f

Posted in Income Tax | 5 comments | 18720 Views