CAclubindia News


Govt collects Rs 21432 crore through disinvestment

   03 January 2017 at 18:04

Government realizes Rs.21,432.38 crore, by end-November 2016, through CPSE's disinvestment receipts, constituting around 59.53 % of the Budgeted Target of Rs. 36,000 crore ; Government takes various steps to accelerate the disinvestment process

Posted in Others  1 comments |   3873 Views


Revision of interest rates for Small Savings Schemes

   03 January 2017 at 10:38

F. No. 1/0412016-NS.II Government of India Ministry of Finance Department of Economic Affairs (Budget Division) North Block, New Delhi Dated: December 30, 2016 OFFICE MEMORANDUM Subject: Revision of interest rates for Small Savings Schemes. The unde

Posted in Others  1 comments |   4596 Views


Ordinance on cessation of liabilities of old notes

   03 January 2017 at 10:38

MINISTRY OF FINANCE(Department of Economic Affairs)NOTIFICATIONNew Delhi, the 30th December, 2016S.O. 4251(E).�In exercise of the powers conferred by clause (b) of sub-section (1) of section 2, read with clause (i) of sub-section (1) of section

Posted in Others |   2430 Views


Payment of service charge in restaurant is voluntary

   02 January 2017 at 17:12

Restaurants billing ‘service charges’ in addition to taxes is optional: Department of Consumer Affairs Consumer has discretion to pay ‘service charge’ or not: Department of Consumer AffairsA number of complaints from consumers

Posted in Service Tax  4 comments |   17577 Views


Text of PMs address to the nation on the new year eve

   02 January 2017 at 11:38

English Text of PMs address to the nation on the eve of New Year 2017My fellow citizens, In a few hours, we will be ushering in the new year of 2017. 125 crore Indians will join the rest of the world, in welcoming it with new hope, new energy and

Posted in Others |   2796 Views


Date for deposit of old notes extended for citizens who were abroad

   02 January 2017 at 10:42

RBI introduces Facility for Citizens and NRIs who were Abroad for Exchange of SBNs The Reserve Bank of India has introduced a facility of exchange of specified bank notes (SBNs) to give an opportunity to Indian citizens and non resident Indian (NRI)

Posted in Others  1 comments |   3579 Views


Achievements made under various Schemes including PMJDY

   02 January 2017 at 10:42

Large scale achievements made under various Schemes including PMJDY; 26.03 crore accounts opened as on 21st December, 2016 under PMJDY out of which 15.86 crore accounts are in rural areas and 10.17 crore in urban areas; Deposits worth Rs. 71,557.90 c

Posted in Others  1 comments |   3216 Views


Cabinet Decisions-Chronological since 27.05.2014

   02 January 2017 at 10:42

27.05.20141. Constitution of Special Investigation Team in compliance with the judgement of Hon�ble Supreme CourtThe Union Cabinet today approved constitution of Special Investigating Team (SIT) to implement the decision of the Hon�ble Su

Posted in Others |   3213 Views


Next Level of TDS Compliance in Year 2017

   02 January 2017 at 10:42

Dear Deductor,Centralized Processing Cell (TDS) wishes you Seasons' Greetings and a Very Happy New Year 2017!The past year witnessed a fantastic journey for CPC (TDS) in many ways, with your valued partnership as our key stakeholders. While we ob

Posted in Income Tax |   7608 Views


Recent Decisions of Ethical Standards Board of ICAI

   31 December 2016 at 11:52

ESB DECISIONS A chartered accountants in practice cannot become Financial Advisors and receive fees/commission from Financial Institutions such as Mutual Funds, Insurance Companies, NBFCs etc. A chartered accountant cannot exercise lien over the clie

Posted in Professional Resource |   5061 Views