CAclubindia News

Tax Exemption to Startups

13 April 2017 at 10:59

Various tax exemptions have been given to Startups in the recent past -Following direct tax incentives were provided in Income-tax Act,1961 (‘the Act’) to promote Start-ups through Finance Act,2016:Introduction of new section 54EE in Inco

Posted in Income Tax | 5124 Views

Steps taken to ensure robust cyber security of GST Network

12 April 2017 at 10:51

GST network free from cyber-attack and data theftTill 7:00 Pm on 1st March, 2017, 48,48,641 taxpayers had enrolled on GST portal (www.gst.gov.in )Necessary steps are being taken by GSTN to ensure robust cyber security of GST Network. To ensure the sa

Posted in GST | 3114 Views

GST a clear departure from the scheme of distribution of fiscal powers

12 April 2017 at 10:51

Introduction of GST Tax on sale or purchase of goods within a State as per Entry List II of Seventh Schedule of the Constitution is a State subject, and accordingly, VAT was been introduced by the concerned States, in place of turnover taxes. The int

Posted in GST | 3147 Views

Hasmukh Adhia to visit NE region to review preparedness for GST

12 April 2017 at 10:51

Revenue Secretary, Dr. Hasmukh Adhia to leave on a four day visit to North East to review the preparedness of the North Eastern Region for GST The Revenue Secretary, Government of India, Dr. Hasmukh Adhia will leave on a four day visit to North East

Posted in GST | 2709 Views

CBDT issues PAN and TAN within 1 day to improve Ease of Doing Business

11 April 2017 at 16:01

In order to improve the Ease of Doing Business for newly incorporated corporates, CBDT has tied up with Ministry of Corporate Affairs (MCA) to issue Permanent Account Number (PAN) and Tax Deduction Account Number (TAN) in 1 day.Applicant companies su

Posted in Income Tax | 1 comments | 22413 Views

Draft of Notification to be issued under third proviso to the clause (38) of section 10 of the IT Act

11 April 2017 at 10:46

Draft of Notification to be issued under third proviso to the clause (38) of section 10 of the Income-tax Act, 1961In exercise of the powers conferred by third proviso to the clause (38) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Cen

Posted in Income Tax | 3318 Views

Application for empanelment of Resource Persons by ICAI for Investor Awareness Programmes

11 April 2017 at 10:46

We are pleased to share with you that the Institute of Chartered Accountants of India through its erstwhile Committee on Financial Markets and Investors’ Protection (now Banking, Financial Services and Insurance Committee) is conducting Investo

Posted in Professional Resource | 1 comments | 3000 Views

CA IPC and Final May 2017 exams admit card issued

08 April 2017 at 12:27

AnnouncementIntermediate (IPC) and Final May 2017 Examination Admit CardsAdmit cards in respect of candidates admitted to the Intermediate (IPC) and Final May 2017 examination, with their photographs and signatures on them, are hosted on icaiexam.ica

Posted in Exams | 8223 Views

ICSI registration of FCS as mentors for Mega Placement Drive

08 April 2017 at 12:27

ICSI launches Registration of Fellow Company Secretary (FCS) as mentors for Mega Placement Drive- 2017The Institute of Company Secretaries of India has taken a new initiative today by launching a programme on registration of its Senior Members as men

Posted in Professional Resource | 3315 Views

Rs 1.37 Lakh Crore of tax evasion detected by search and survey in last 3 years

08 April 2017 at 12:27

Department of Revenue, Ministry of Finance achieves phenomenal success towards eliminating Domestic Black Money in last three years; 23064 searches/surveys have been conducted (Income Tax 17525; Customs 2509; Central Excise 1913; Service Tax 1120); M

Posted in Income Tax | 2601 Views