CAclubindia News


CBDT confirms strict confidentiality under IDS scheme

   04 October 2016 at 12:59

CBDT committed to Strict Confidentiality under Income Declaration Scheme: 2016 While announcing the results of the Income Declaration Scheme 2016 on 1st October, 2016 at a press conference in Delhi, the Honourable Finance Minister Shri Arun Jaitley s

Posted in Income Tax |   2730 Views


Simplified Proforma for incorporating a company electronically launched

   04 October 2016 at 12:59

Ministry of Corporate Affairs took another bold initiative in Government Process Re-engineering (GPR) and launched a Simplified Proforma for Incorporating a Company Electronically (SPICe) e-Form on the occasion of Gandhi Jayanthi 2016 

Posted in Others |   3330 Views


IDS 2016 scheme unearths Rs 65250 crore black

   03 October 2016 at 11:00

Income Declaration Scheme 2016 unearths Rs.65250 crore of hitherto Undeclared Income and Assets; 64275 declarations filed under IDS-2016 up to the midnight of 30th September, 2016 The Income Declaration Scheme, 2016 came into effect from 1st June, 2

Posted in Income Tax  1 comments |   3855 Views


Govt working on target date of 1st April 2017 for GST roll out

   01 October 2016 at 12:08

FM: Government is working on a target date of 1st April, 2017 for the roll out of the Goods and Service Tax (GST) in the country. The Union Finance Minister Shri Arun Jaitley said that the Government is working on a target date of 1st April, 2017 for

Posted in GST  1 comments |   7971 Views


Constitution of Expert Group by MCA to look into issues related to Audit firms

   01 October 2016 at 12:08

F. No. 17/112/2016-CL-VGovernment of IndiaMinistry of Corporate AffairsDr. Rajendra Prasad Road, New Delhi � 110001Dated 30th September, 2016ORDERSub: Constitution of Expert Group to look into issues related to Audit firmsSeveral audit firms ha

Posted in Audit |   3492 Views


Clarification on the difference in requirement relating to auditor rotation

   01 October 2016 at 12:08

1. The Council of the Institute of Chartered Accountants of India (ICAI), at its 359th meeting held on September 16-17, 2016 considered an issue regarding the difference in requirements relating to the auditor’s rotation under the SQC 1, &ldquo

Posted in Audit  1 comments |   3762 Views


ICAI President's Message - October 2016

   30 September 2016 at 18:00

In India, October begins with celebrations of the birthday of the Father of the Nation. Long before the smart CRM tools found their way into our daily lives, Mahatma Gandhi had emphasised on Customer Satisfaction.

Posted in Professional Resource  3 comments |   4182 Views


Revised Monetary Limits for adjudication of Show Cause Notice in Central Excise and Service Tax

   30 September 2016 at 10:48

Circular No. 1049/37/2016-CX F. NO. 267/40/2016-CX.8 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS New Delhi, dated the 29thSeptember, 2016 To,All principal Chief Commissioners/Chief Commissioners o

Posted in Excise |   6990 Views


India climbs to 39th place in Global Competitiveness index

   29 September 2016 at 10:48

India climbs steadily in the Global Competitiveness Index; Improves its ranking by 16 places for the second year in a row;. Now placed 39th among 138 countries, ahead of BRICS countries other than China. The Union Finance Minister Shri Arun Jaitley

Posted in Professional Resource |   3147 Views


Service Tax Return Form ST3 has been amended

   28 September 2016 at 20:37

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise and CustomsNew Delhi, the 28 September, 20166 Asvina, 1938 SakaNotificatio

Posted in Service Tax |   9918 Views