CAclubindia News

ICAI President's Message - February 2017

01 February 2017 at 09:56

My dear professional colleagues, With the impending dawn of February, it is time to take stock of the activities, creativities and outcomes, during the Council Year 2016-17 for the furtherance of profession and national economy.

Posted in Professional Resource | 1 comments | 2658 Views

18 lakh persons identified by IT dept for online verification of cash deposits

31 January 2017 at 17:43

Income Tax Department (ITD) launches Operation Clean Money Income Tax Department (ITD) has initiated Operation Clean Money, today. Initial phase of the operation involves e-verification of large cash deposits made during 9th November to 30th December

Posted in Income Tax | 18063 Views

Property Tax can be tapped to generate Additional Revenue at City Level

31 January 2017 at 16:10

The Economic Survey 2016-17, presented today in the Parliament by the Union Finance Minister Shri Arun Jaitley, stated that Urban Local Bodies (ULBs), having primary responsibility for the development and service provisioning of cities

Posted in Others | 2712 Views

Fiscal activism embraced by advanced economies not relevant for India: Economic Survey

31 January 2017 at 16:09

Fiscal activism embraced by advanced economies not relevant for India: Economic Survey 2016-17 India’s economic experience underscores fundamental validity of fiscal policy principles in FRBM Act 2003: Economic Survey 2016-17 India’s eco

Posted in Others | 1 comments | 1755 Views

GDP growth in 2017-18 is projected at 6.75 to 7.5 percent Post-demonetisation

31 January 2017 at 16:09

GDP growth in 2017-18 is projected at 6 ¾ to 7 ½ percent Post-demonetisation Middle class to get affordable housing due to fall in Real Estate prices Remonetisation to eliminate cash squeeze by April 2017. The Government says that the a

Posted in Others | 1 comments | 2037 Views

Economic Survey advocates reforms to unleash economic dynamism and social justice

31 January 2017 at 13:44

India needs an evolution in the underlying economic vision across the political spectrum and further reforms are not just a matter of overcoming vested interests that obstruct them. This was stated in the Economic Survey 2016-17 presented in the Parl

Posted in Others | 1899 Views

The Constitutional Amendment on GST will create a common Indian market says economic survey

31 January 2017 at 13:44

Economic Survey: The Constitutional Amendment on GST will create a common Indian market, improve tax compliance and governance and boost investment and growth. The Economic Survey states that the world GDP is expected to grow because of a fiscal stim

Posted in GST | 5154 Views

FM Arun Jaitley presents the Economic Survey 2016-17

31 January 2017 at 13:23

Finance Minister Shri Arun Jaitley Presented Economic Survey 2016-17 in the Parliament today Economic Survey says economic growth to return to normal as new currency notes in required quantities come back into circulation and follow-up action on demo

Posted in Others | 2664 Views