CAclubindia News


CAs are eligible for registration as insolvency professionals

   24 November 2016 at 11:13

Insolvency and Bankruptcy Board (IBBI) of India notifies (Insolvency Professional) Regulations, 2016; Regulations inter alia provide for registration, regulation and oversight of insolvency professionals under the Code; These regulations to come into

Posted in Professional Resource  1 comments |   6570 Views


India signs declaration with Switzerland to retrieve information regarding Swiss bank holders

   23 November 2016 at 11:10

India and Switzerland Sign ‘Joint Declaration’ for the implementation of Automatic Exchange of Information (AEOI) between the two countries Fighting the menace of Black Money stashed in offshore accounts has been a key priority area for t

Posted in Income Tax  4 comments |   4671 Views


PM invites views from the people on demonetisation on his app

   22 November 2016 at 16:53

The Prime Minister, Shri Narendra Modi, has invited views from the people, on the recent decision taken by the Union Government regarding currency notes of Rs. 500 and Rs. 1000. People can submit their views through a survey consisting of 10 question

Posted in Income Tax  15 comments |   3234 Views


Demonetization: Queues Getting Shorter

   22 November 2016 at 16:53

Prime Minister Narendra Modi�s bold move to demonetize high value currency notes to curb black money and corruption signals his resolve to take on high and mighty ignoring political minefield. When the Prime Minister suddenly announced demoneti

Posted in Income Tax  1 comments |   3258 Views


Withdrawal upto Rs 50000 allowed from OD and CC account

   22 November 2016 at 11:23

RBI/2016-17/142DCM (Plg) No.1317/10.27.00/2016-17November 21, 2016The Chairman / Managing Director/Chief Executive OfficerPublic Sector Banks / Private Sector Banks/ Foreign BanksRegional Rural Banks / Urban Co-operative Banks / State Co-operative Ba

Posted in Income Tax |   5022 Views


Conditions for withdrawing Rs 2.5 lac for wedding celebration from bank

   22 November 2016 at 11:23

RBI/2016-17/145DCM (Plg) No.1320/10.27.00/2016-17November 21, 2016The Chairman / Managing Director/Chief Executive Officer,Public Sector Banks / Private Sector Banks/ Private Sector Banks/ Foreign BanksRegional Rural Banks / Urban Co-operative Banks

Posted in Income Tax |   4815 Views


Govt allows farmers to purchase seeds with older notes

   22 November 2016 at 10:51

To further support farmers for the current Rabi crop, the Government has decided to allow farmers to purchase seeds with the old high denomination bank notes of Rs.500 from the Centres, Units or Outlets belonging to the Central or State Governments,

Posted in Others |   2361 Views


Central govt sends a team to states to report on status of implementation of demonetisation

   22 November 2016 at 10:51

The Central Government constitutes Committees of Addl. Secretaries/Joint Secretaries/Directors for visiting States/UTs and reporting about the status of implementation of its recent decision relating to cancellation of legal tender of high denominati

Posted in Others  1 comments |   2817 Views


Salary Advance for Nov 2016 to be paid to Non-Gazetted Employees of Central Government

   21 November 2016 at 10:48

Salary Advance for the Month of November, 2016 to be paid to Non-Gazetted Employees of Central Government

Posted in Others  1 comments |   4425 Views


ICAI denies any leakage of question paper of Direct tax law exam

   21 November 2016 at 10:48

No leakage of question paper relating to Paper 7, Direct Tax Laws of CA Final examination held on 13th November 2016.Our attention has been drawn to some unfounded reports in social media on alleged leakage of question paper relating to Direct Tax La

Posted in Students  2 comments |   10383 Views



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