CAclubindia News

Part B and C of MEF 2016-17 made live

11 November 2016 at 17:30

Sub: PART B and PART C of MEF 2016-17 will be made live from 10th November to 17th November, 2016 to enable the applicants to fill the same & get ready with Financial Documents of the applicants for Multipurpose Empanelment f

Posted in Others | 2937 Views

RBI urges public to exercise patience and says enough cash is available

11 November 2016 at 17:30

Enough Cash is Available, RBI reassures; urges Public to exercise Patience and Exchange Notes at Convenience In a statement issued today, the Reserve Bank of India has said that consequent to the withdrawal of Lega

Posted in Others | 3 comments | 2886 Views

Process of tax reform will continue says FM

11 November 2016 at 10:49

FM: Process of Tax Reforms will continue and pending GST issues will be resolved soon. FM: No Harassment of Small Depositors of Demonetised High Value Notes; Finance Minister Shri Arun Jaitley inaugurates the Two Day Economic Editors Conference in Ne

Posted in Income Tax | 2979 Views

Old notes to be accepted for utility bill payments till 11th Nov

10 November 2016 at 18:08

Old demonitised 500 & 1000 rupee notes will be accepted for making payments towards fees, charges, taxes and penalties payable to the Central and State Governments including Municipal and local bodies;This facility available only till midnight of

Posted in Income Tax | 1 comments | 5175 Views

Clarification on action to be taken by IT dept on cash deposits

10 November 2016 at 12:54

Replies given by Revenue Secretary Dr. Hasmukh Adhia on the questions relating to action by Income Tax Department in respect of old currency deposited in banks. Q.1 A lot of small businessmen, housewives, artisans, workers may have some cash lying a

Posted in Income Tax | 5 comments | 48210 Views

Government suspends payment of fees on all toll plazas on National Highways

10 November 2016 at 12:05

Government suspends payment of fees on all toll plazas on National Highways till midnight of 11.11.2016 The government has decided to suspend payment of fees at toll plazas on all National Highways till the midnight of 11.11.2016. Instructions in thi

Posted in Income Tax | 3519 Views

Direct and indirect tax collection show a jump of 10.6 and 26.7 percent

10 November 2016 at 10:41

Direct Tax Collections up to October, 2016 show an increase of 10.6%; Net Direct Collections stood at Rs.3.77 lakh crore;44.5% of the Budget Estimates of direct taxes for FY 2016-17 has been achieved. The figures for Direct Tax Collections up to Octo

Posted in Income Tax | 1 comments | 2505 Views

Banks to remain open for public on Saturday, November 12 and Sunday, November 13, 2016

09 November 2016 at 18:06

RBI/2016-17/114DBR.No.Leg.BC.31/09.07.005/2016-17November 9, 2016The Chairman / Managing Director and Chief Executive Officer,Public Sector Banks/ Private Sector Banks / Foreign Banks/Small Finance Banks / Regional Rural Banks / Local Area BanksAll C

Posted in Others | 3 comments | 17988 Views

RBI circular to banks for withdrawal of legal tender of Rs 500 and 1000

09 November 2016 at 12:41

RBI/2016-17/112 DCM (Plg) No.1226/10.27.00/2016-17 November 08, 2016The Chairman / Managing Director/ Chief Executive Officer,Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional RuralBanks / Urban Cooperative Banks/ State Cooperative

Posted in Others | 6813 Views