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Guidance note on Audit of Banks 2019
23 January 2019 at 11:12Knowledge of the Banking Industry1.01 The banking industry is the backbone of any economy as it is essential for sustainable socio-economic growth and financial stability in the economy. There are different types of banking institutions prevailing in
CBDT clarifies TDS notices issued only in big cases
23 January 2019 at 11:12The Central Board of Direct Taxes (CBDT) has stated that certain news items that appeared in a section of media regarding enmasse issue of prosecution notices to small companies for TDS default are completely misleading and full of factual inaccuraci
Tax consultant arrested in Rs 582 crores bogus bill GST fraud case
21 January 2019 at 11:43The officers of CGST, Vadodara-I, upon specific intelligence have booked a case against M/s. Datar Enterprise, Vadodara, of circulation of fake invoices valued Rs. 582 Crores of the various commodities like Gold, Silver & Copper etc without any p
ICAI clarifies rumours on May 2019 CA exams dates
17 January 2019 at 11:27IMPORTANT ANNOUNCEMENTREG: May 2019 CA ExaminationsIt has been brought to our notice that the probable date of commencement of May 2019 CA examinations and the time table there on are doing the rounds in the social media.It is hereby clarified that t
Convocation by ICAI on 1st Feb 2019
17 January 2019 at 11:26ICAI is arranging Convocation 2019 on 1st February, 2019 (Friday) at Mumbai, Ahmadabad, Pune, Chennai, Hyderabad, Kolkata, Jaipur, Kanpur and Delhi simultaneously.Around 8360 newly enrolled members who have been granted membership during June 2018 to
Cabinet approves integrated E-filing and CPC 2.0 Project
17 January 2019 at 11:26Cabinet approves expenditure sanction for Integrated E-filing and Centralized Processing Centre 2.0 Project The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval to expenditure sanction of Rs.4,241.97crore for In
FICCI recommends increasing top 30% tax slabs to income above 20 lac
16 January 2019 at 11:20FICCI in its Pre-Budget recommendations for 2019-20 has suggested reduction in the corporate tax rate across the board to 25% (irrespective of turnover) to spur economic growth and increase overall tax collections. The cha
Group formed for boosting Real Estate sector under GST
16 January 2019 at 11:207-Member Group of Ministers (GoM) constituted for boosting the Real Estate Sector under the GST regime by providing a Composition Scheme for Residential Construction Units among othersIn pursuance of decision in the 32nd Meeting of GST Council held o
Revised paper pattern for CA Final and IPCC exams May 2019
15 January 2019 at 10:44According to a recent notification by ICAI, the paper pattern for CA Final May 2019 and CA IPCC exams May 2019 has been revised. 4 subjects each of CA IPCC May 2019 and CA Final May 2019 will now have 30% MCQ based questions and the rest of the 70% p
Next exam of CA Articleship practical training scheduled on Feb 3, 2019
14 January 2019 at 11:05The next practical training assessment test is being scheduled on February 3, 2018. CA students who have completed their 1st/ 2nd year of practical training during the second, third and fourth quarter of 2018, i.e. April-June, 2018, July-September,
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