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ICAI Ties Up With 2 Top Medical Associations
Posted Date : 31-May-2015 , 02:01:38 pm | Posted By CASANSAAR

ICAI has tied up with two top medical associations — Association of Healthcare Providers (India) (AHPI) and Delhi Medical Association — to improve the cost management systems in hospitals.   Under this arrangement, members of the Institute of Cost Accountants of India (ICAI) w...

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Category : ICAI | Comments : 0 | Hits : 1026

More than 3 lakh cases are pending & Rs 5,82,000 crore tax amount locked in litigations
Posted Date : 31-May-2015 , 01:59:22 pm | Posted By CASANSAAR

More than 3 lakh cases are pending & Rs 5,82,000 crore tax amount locked in litigations. Tax disputes are one of the most taxing issues before courts today. More than 3 lakh cases are pending before various judicial authorities with Rs 5,82,000 crore tax amount locked in litigations.&nbs...

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Category : CBDT | Comments : 0 | Hits : 479

Rs 2 lakh penalty from next financial year for not answering tax authorities queries
Posted Date : 31-May-2015 , 01:31:13 pm | Posted By CASANSAAR

Failure to answer questions from the tax department can entail a penalty of up to Rs two lakh from the next financial year under the new black money law, which has got the assent of the President.  The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 provid...

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Category : Income Tax | Comments : 0 | Hits : 1208

ICAI issued an Advisory after the Movement of CASANSAAR against fake website similar to ICAI
Posted Date : 29-May-2015 , 09:18:21 pm | Posted By CASANSAAR

ICAI issued an Advisory after the Movement of CASANSAAR against fake website similiar to ICAI:- "Kiski Nazar lag gayi Profession ko.... Fake CA Degrees (OPJS University) Fake ICAI Websites (http://icaindia.net.in/) JAAGO CA JAAGO,....... BE UNITE & SAVE PROFESSION... https:/...

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Category : ICAI | Comments : 1 | Hits : 1191

Delhi HC refuses to stay on levy of 14% service tax on liquor makers
Posted Date : 29-May-2015 , 08:36:31 am | Posted By CASANSAAR

Delhi High Court on Thursday refused to stay a government notification which brings into force from June one the levy of 14 percent service tax on manufacture of alcohol on contractual basis. The liquor companies, which have business establishments in New Delhi, had sought an interim stay on th...

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Category : Service Tax | Comments : 0 | Hits : 529

RBI releases draft guidelines on net stable funding ratio
Posted Date : 29-May-2015 , 08:30:42 am | Posted By CASANSAAR

Reserve Bank of India (RBI) on Thursday released draft guidelines on implementation of net stable funding ratio (NSFR) in Indian banks. NSFR is defined as the amount of available stable funding (ASF) relative to the amount of required stable funding (RSF). The NSFR promotes resilience over a long...

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Category : RBI | Comments : 0 | Hits : 328

Court pulls up Income Tax dept for withholding info on foreign bank accounts
Posted Date : 29-May-2015 , 08:19:10 am | Posted By CASANSAAR

Income Tax (IT) department faced the ire of a trial court on Thursday for withholding information on foreign bank accounts of those persons against whom it has filed complaints.  The court also imposed a fine of Rs 10,000 on the IT department and directed it to deposit the fine amount in the...

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Category : Income Tax | Comments : 0 | Hits : 354

Major Initiatives and Achievements of the Ministry of Corporate Affairs in the Last One Year
Posted Date : 29-May-2015 , 08:13:43 am | Posted By CASANSAAR

Following are the major initiatives and achievements of the Ministry of Corporate Affairs in the last one year.   Furthering ease of doing business - Companies Act, 2013:   16 amendments in the Companies Act, 2013 approved by the Parliament – these amendments a...

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Category : MCA | Comments : 0 | Hits : 388

Companies (Amendment) Act, 2015 Notified by the Government
Posted Date : 28-May-2015 , 09:15:14 am | Posted By CASANSAAR

Companies (Amendment) Act, 2015 Notified by the Government. The Central government notified the Companies (Amendment) Act, 2015 on May, 26. By the amendment, requirement of minimum paid up capital is to be done away with. In addition, the aspect of having a common seal has been changed and havi...

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Category : Companies Act | Comments : 0 | Hits : 968

ICAI gives assurance to HC to submit decision on NSEL Auditor soon
Posted Date : 28-May-2015 , 08:54:04 am | Posted By CASANSAAR

The Institute of Chartered Accountants of India (ICAI) is likely to decide soon on the complaints against scam-hit National Spot Exchange (NSEL)’s auditor, Mukesh P Shah & Co. Earlier this month, the institute told the high court here that its disciplinary committee was looking into the...

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Category : Income Tax | Comments : 0 | Hits : 785

GST could come into force earlier than expected - FM
Posted Date : 27-May-2015 , 09:01:51 am | Posted By CASANSAAR

Union finance minister Arun Jaitley indicated that Goods and Service Tax (GST) could come into force earlier than expected. Addressing a gathering at Tagore Hall in the city on the occasion of the Modi government completing one year, Jaitley said that GST could be implemented in the country from as ...

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Category : GST | Comments : 0 | Hits : 1043

New secretarial standards put additional compliance burden on companies
Posted Date : 27-May-2015 , 08:40:27 am | Posted By CASANSAAR

The secretarial standards issued by Institute of Company Secretaries of India (ICSI), which are intended to ensure transparency and better governance, will surely result in additional administrative burden on the Secretarial team of Companies.  Additionally, Companies will have to ensure timely...

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Category : Secretarial Standards | Comments : 0 | Hits : 901

Service tax at 14% and TDS on RDs effective from 1 June
Posted Date : 27-May-2015 , 08:29:35 am | Posted By CASANSAAR

The Finance Bill, 2015, received consent from the President on 14 May 2015. The changes proposed in the bill have been accepted and the effective date for some of these is 1 June 2015. The new rate of service tax, and tax deducted at source (TDS) on recurring deposit interest are two of these. Let&r...

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Category : Service Tax | Comments : 0 | Hits : 1306

Download Admit Cards for CA CPT Exams 2015
Posted Date : 26-May-2015 , 08:12:13 pm | Posted By CASANSAAR

The Institute of Chartered Accountants of India (ICAI) has released admit cards for CA Exams Common Proficiency Test (CPT) exam to be conducted in the month of June 2015. Candidates will have to visit the official website www.icai.nic.in in order to download admit cards. Candidat...

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Category : CA Exams | Comments : 0 | Hits : 384

Income Tax Department Working on Linking PAN to Aadhaar
Posted Date : 26-May-2015 , 08:27:12 am | Posted By CASANSAAR

The income tax department seems to be finding ways to expedite the process of linking permanent account number (PAN) with the unique identity number Aadhaar, a step that could eliminate duplicate PANs and assist the government in taking action against those evading tax. To achieve this, the Inc...

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Category : Income Tax | Comments : 0 | Hits : 863

Banks to stay closed on 2nd and 4th Saturday from July 2015 onwards
Posted Date : 26-May-2015 , 08:17:54 am | Posted By CASANSAAR

Banks to stay closed on 2nd and 4th Saturday from July 2015 onwards Following a pact between public sector bank (PSB) employees and officers with the management, all branches in the country will remained closed on all second and fourth Saturdays from July. T M Bhasin, chairman of the Indian Ba...

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Category : Bank | Comments : 1 | Hits : 2301

21 FDI proposals worth Rs 281 crore approved by Govt.
Posted Date : 25-May-2015 , 10:36:16 pm | Posted By CASANSAAR

21 FDI proposals worth Rs 281 crore approved by Govt.   The government has cleared 21 foreign direct investment (FDI) deals worth Rs 281 crore but deferred Kotak Mahindra Bank's proposal to hike foreign investment limit in the bank to 55 percent. "The government has approved 21 ...

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Category : International Business | Comments : 0 | Hits : 333

Company registrations - Decoding the mystery of down fall
Posted Date : 25-May-2015 , 08:42:40 am | Posted By CASANSAAR

Company registrations - Decoding the mystery of  down fall. 'Make in India' and "ease of doing business" have been the key campaigns of Prime Minister Narendra Modi's government but according to official data on companies, aspiring entrepreneurs either seem to be reluct...

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Category : Companies Act | Comments : 0 | Hits : 783

ICAI Clarification on CASANSAAR movement regarding CA Degree from OPJS University
Posted Date : 23-May-2015 , 09:38:07 pm | Posted By CASANSAAR

ICAI Clarification on CASANSAAR movement regarding CA Degree from OPJS University.  ICAI ANNOUNCEMENT.   It has been brought to our notice that OPJS University, Churu (Rajasthan), is offering/conducting certain programmes/courses under the nomenclature “Master in C.A.” a...

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Category : ICAI | Comments : 3 | Hits : 2587

Download Online Admit Cards for CS Executive and Professional Exams - ICSI
Posted Date : 23-May-2015 , 06:02:25 pm | Posted By CASANSAAR

​You can download your admit cards for CS  Executive and Professional Exams, June,2015 today onwards from www.icsi.edu.   CS Examination Admit Cards The Institute of Company Secretaries of India (ICSI) ADMIT CARDS JUNE 2015 SESSION - DOWNLOAD...

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Category : CS Exams | Comments : 0 | Hits : 387

Download Online Admit Cards for CS Foundation Exams - ICSI
Posted Date : 23-May-2015 , 05:59:59 pm | Posted By CASANSAAR

​You can download your admit cards for CS Foundation Exams, June,2015 today onwards from www.icsi.edu. Instructions Students: Please use your current 17 digit Registration Number Examinations Timings Displayed on Hall Ticket are in 24 hours Format Medium of Examination has n...

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Category : CS Exams | Comments : 0 | Hits : 341

Simplified ITR Forms To Be Notified By Next Week
Posted Date : 23-May-2015 , 08:37:56 am | Posted By CASANSAAR

The Finance Ministry will come out with simplified Income Tax Return (ITR) forms by the next week, replacing the controversial ones that have been put on hold. “We will notify the new simplified ITR forms in a week,” a top government official said. The ITR forms were put on hold ...

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Category : ITR | Comments : 0 | Hits : 789

CA Girish Ahuja named member of Shah panel on MAT
Posted Date : 22-May-2015 , 08:57:33 am | Posted By CASANSAAR

Proud Moments for Chartered Accountants, CA Girish Ahuja named member of Shah panel on MAT . Constituting the three-member A P Shah Committee that will look into MAT demand on FIIs, the government today named former CEA Ashok Lahiri as a member of the panel which will "expeditiously&q...

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Category : CA | Comments : 0 | Hits : 1162

Deadline on incentives for early sale of NPAs extended
Posted Date : 22-May-2015 , 08:13:23 am | Posted By CASANSAAR

The Reserve Bank of India had incentivised lenders for early recognition and sale of non-performing assets (NPAs) by saying the shortfall between the sale value and the net book value can be spread over a period of two years. This facility was earlier available only for NPAs s...

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Category : NPA | Comments : 0 | Hits : 461

Two income tax officials get four years in jail for graft
Posted Date : 22-May-2015 , 07:49:55 am | Posted By CASANSAAR

A Central Bureau of Investigation (CBI) special judge at the Saket Court sentenced then deputy commissioner of income tax Arun Kumar Gurjar and then inspector of income tax Baljeet Singh to undergo four years rigorous imprisonment with fine of Rs.2 lakh each in the case. "The court found b...

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Category : Income Tax | Comments : 0 | Hits : 751

Government relaxes FDI norms for NRIs, PIOs, OCI
Posted Date : 21-May-2015 , 10:46:36 pm | Posted By CASANSAAR

Union Cabinet also decided to amend Foreign Direct Investment,FDI norms for NRIs, Persons of Indian Origin (PIOs) and Overseas Citizens of India (OCI) to increase capital flows into the country. The amendments will lead to greater foreign exchange remittances and investment. The investment under the...

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Category : Finance | Comments : 0 | Hits : 466

Application Form for the Information Systems Audit (ISA) Assessment Test - June, 2015
Posted Date : 21-May-2015 , 10:39:46 pm | Posted By CASANSAAR

Application Form for the Information Systems Audit (ISA) Assessment Test - June, 2015 [Last Date - 4th June, 2015] CLICK BELOW FOR:-   Online Application Form    Hard Copy Application Form ...

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Category : CA Exams | Comments : 0 | Hits : 659

CA Exams - Zone Shifting of Candidates for 14th June - 2015 CPT
Posted Date : 21-May-2015 , 10:36:39 pm | Posted By CASANSAAR

IMPORTANT ANNOUNCEMENT May 21, 2015 Subject: Zone-shifting of candidates for 14th June - 2015 CPT Due to paucity of accommodation in certain Zones opted by the candidates in the city of Chennai and Hyderabad some of the candidates have been allotted examinations centres in the zone ot...

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Category : CA Exams | Comments : 0 | Hits : 355

Now Get CA Degree from OPJS University. Where is ICAI?
Posted Date : 21-May-2015 , 09:00:02 am | Posted By CASANSAAR

OPJS University, Churu is running School of Chartered Accountants and providing following Degrees Bachelor in C.A. Master in C.A. Some Questions from ICAI & our Leaders... Is ICAI and its elected members aware of such University? Is UGC aware of such University? And approved such co...

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Category : CA | Comments : 8 | Hits : 8065

Income Tax department issues mass transfer and promotion orders to over 100 officials
Posted Date : 21-May-2015 , 08:23:57 am | Posted By CASANSAAR

In a major reshuffle, the Income Tax department has issued mass transfer and promotion orders to over 100 tax officials across the country.  The transfers on Tuesday, included officials of the rank of Commissioner of assistant and deputy commissioners of income tax and principal chief commis...

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Category : Income Tax | Comments : 0 | Hits : 379

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