CAclubindia News

IT dept warns against fraud online PAN application entity

19 June 2018 at 11:11

The general public is hereby informed that the Income Tax Department (ITD), Government of India has appointed only two entities namely NSDL e-Governance Infrastructure Limited (NSDL e- Gov) and UTI Infrastructure Technologies Services Limited for pur

Posted in Income Tax | 2 comments | 10551 Views

GST lead to formalisation of economy says Govt

18 June 2018 at 17:02

Historic tax reform, the Goods and Service Tax (GST), has resulted in formalization of economy and consequently, information flow would eventually augment not only the Indirect Tax collections but also Direct Tax collections. In the past, the Centre

Posted in GST | 1 comments | 2868 Views

Cost inflation index notified as 280 for 2018-19

18 June 2018 at 10:50

MINISTRY OF FINANCE(Department of Revenue)(Central Board of Direct Taxes)NOTIFICATIONNew Delhi, the 13th June, 2018INCOME-TAXS.O. 2413(E).— In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act

Posted in Income Tax | 2 comments | 7491 Views

Mandatory information submission by members holding COP as on 1.4.2018

15 June 2018 at 12:03

TO ALL MEMBERS HOLDING CERTIFICATE OF PRACTICE OF THE INSTITUTESub.: Furnishing of Information to the Group constituted by the Council to examine the issues arising out of the Judgement dated 23.02.2018 of the Hon’ble Supreme Court in S. Sukuma

Posted in Career | 11685 Views

Change of email and mobile number under GST system

15 June 2018 at 12:03

Complaints are being received from taxpayers that the intermediaries who were authorized by them to apply for registration on their behalf had used their own email and mobile number during the process. They are now not sharing the user credentials wi

Posted in GST | 2 comments | 14400 Views

India CA named CFO of GM

14 June 2018 at 12:16

General Motors, the biggest auto giant of United States, on Wednesday has named Dhivya Suryadevara as their Chief Financial Officer.Dhivya, 39, has been an Integral part of General Motors since 2004 and has been working as Vice Presdient Corporate Fi

Posted in Career | 10 comments | 15906 Views

ICAI to select 1000 young members to train as public speakers

14 June 2018 at 10:53

Dear Professional Colleague,The Young Members Skill and Innovation Development Committee of ICAI has been taking various initiatives for the empowerment of the young members. To encourage young members to develop their public speaking skill, the comm

Posted in Career | 1 comments | 9555 Views

New compulsory ICAI exam after 1st and 2nd year of Articleship

13 June 2018 at 11:16

The Council has decided to assess students after completion of first and second year of practical training with online MCQ based tests. These tests would examine the knowledge gained by the student during the course of practical training and his abil

Posted in Exams | 51 comments | 69105 Views

Amendments and improvements in Ind AS

12 June 2018 at 17:05

Annual Improvements to Ind AS (2018) (Corresponding to Annual Improvements to IFRS Standards 2015–2017 Cycle issued by the IASB)Click here to downloadPlan Amendment, Curtailment or Settlement (Amendments to Ind AS 19, Employee Benefits) Click h

Posted in Students | 6384 Views

Indian Valuation Standards as issued by ICAI for valuation reports after 1st July 2018

11 June 2018 at 10:53

ANNOUNCEMENTThe Institute of Chartered Accountants of India (ICAI) issues Valuation Standards as a benchmark for Valuation Practices applicable for Chartered Accountants Recognising the need to have the consistent, uniform and transparent valuation p

Posted in Professional Resource | 1 comments | 5586 Views