CAclubindia News

Ordinance on cessation of liabilities of old notes

03 January 2017 at 10:38

MINISTRY OF FINANCE(Department of Economic Affairs)NOTIFICATIONNew Delhi, the 30th December, 2016S.O. 4251(E).�In exercise of the powers conferred by clause (b) of sub-section (1) of section 2, read with clause (i) of sub-section (1) of section

Posted in Others | 2430 Views

Payment of service charge in restaurant is voluntary

02 January 2017 at 17:12

Restaurants billing ‘service charges’ in addition to taxes is optional: Department of Consumer Affairs Consumer has discretion to pay ‘service charge’ or not: Department of Consumer AffairsA number of complaints from consumers

Posted in Service Tax | 4 comments | 17583 Views

Text of PMs address to the nation on the new year eve

02 January 2017 at 11:38

English Text of PMs address to the nation on the eve of New Year 2017My fellow citizens, In a few hours, we will be ushering in the new year of 2017. 125 crore Indians will join the rest of the world, in welcoming it with new hope, new energy and

Posted in Others | 2805 Views

Date for deposit of old notes extended for citizens who were abroad

02 January 2017 at 10:42

RBI introduces Facility for Citizens and NRIs who were Abroad for Exchange of SBNs The Reserve Bank of India has introduced a facility of exchange of specified bank notes (SBNs) to give an opportunity to Indian citizens and non resident Indian (NRI)

Posted in Others | 1 comments | 3582 Views

Achievements made under various Schemes including PMJDY

02 January 2017 at 10:42

Large scale achievements made under various Schemes including PMJDY; 26.03 crore accounts opened as on 21st December, 2016 under PMJDY out of which 15.86 crore accounts are in rural areas and 10.17 crore in urban areas; Deposits worth Rs. 71,557.90 c

Posted in Others | 1 comments | 3225 Views

Cabinet Decisions-Chronological since 27.05.2014

02 January 2017 at 10:42

27.05.20141. Constitution of Special Investigation Team in compliance with the judgement of Hon�ble Supreme CourtThe Union Cabinet today approved constitution of Special Investigating Team (SIT) to implement the decision of the Hon�ble Su

Posted in Others | 3213 Views

Next Level of TDS Compliance in Year 2017

02 January 2017 at 10:42

Dear Deductor,Centralized Processing Cell (TDS) wishes you Seasons' Greetings and a Very Happy New Year 2017!The past year witnessed a fantastic journey for CPC (TDS) in many ways, with your valued partnership as our key stakeholders. While we ob

Posted in Income Tax | 7614 Views

Recent Decisions of Ethical Standards Board of ICAI

31 December 2016 at 11:52

ESB DECISIONS A chartered accountants in practice cannot become Financial Advisors and receive fees/commission from Financial Institutions such as Mutual Funds, Insurance Companies, NBFCs etc. A chartered accountant cannot exercise lien over the clie

Posted in Professional Resource | 5070 Views

Year end review of economy for 2016

31 December 2016 at 11:52

During the current Financial Year 2016-17, the Indian Economy continues to consolidate the gains achieved in restoring macro-economic stability

Posted in Others | 2856 Views

President approves the Promulgation of the Specified Bank Notes

31 December 2016 at 11:52

The President of India approves the Promulgation of the Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016 today; The President of India has approved the promulgation of the Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016

Posted in Others | 1 comments | 2445 Views