CAclubindia News

Cabinet approves setting up of the 15th Finance Commission

The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the setting up of the 15thFinance Commission. Under Article 280 (1) of the Constitution,it is a Constitutional obligation. The Terms of Reference for the 15thFinance Commissio

Task Force constituted for drafting New Direct Tax legislation

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesConstitution of Task Force for drafting a New Direct Tax Legislation During Rajaswa Gyan Sangam held on 1st and 2nd September, 2017, Hon�ble Prime Minister

Functionality for refund of ITC on export of goods and services

Late fee calculation on GST portal

Aadhaar data was never breached says UIDAI

The Unique Identification Authority of India (UIDAI) responding to a news report, appeared in certain section of media on "210 Government sites made Aadhaar info public" as if Aadhaar data is leaked or breached, has said that such report

Pass GST benefits to consumers appeals Govt

The Central Government appeals to the Industry Leaders to pass on the benefit of GST Rate reduction to the consumers as it is expected to encourage domestic demand and investment among others. The GST Council in its 23rd Meeting held on 10th November

CPE hours requirement for block of 3 years from 1.01.2017

A. All the members (aged less than 60 years) who are holding Certificate of Practice (except all those members who are residing abroad) are required to:a. Complete at least 120 CPE credit hours in a rolling period of three-years.b. Complete minimum 2

Code of ethics for Chartered Accountants by CVC

1CODE OF ETHICS FOR CHARTERED ACCOUNTANTSINTRODUCTIONFinancial statements of an enterprise depict the wholesome financialsituation of the enterprise for a particular period / at a particular date. Theinformation in these statements are of vital impor

Display revised MRP due to reduction of rates of GST

Shri Ram Vilas Paswan grants permission to display revised MRP due to reduction of rates of GST up to 31st December, 2017 On account of implementation of GST w.e.f. 1st July, 2017, there may be instances where the retail sale price of a pre-packaged

IT Dept clarifies role of CAs in nation building

PRESS RELEASEINCOME TAX DEPARTMENT, NASHIK It has come to the notice of the Income Tax Department that certain sections of the print media who covered the 'outreach programme' of the Income Tax Department conducted on 15/11/2017 has wrongly