PM Modi announces Rs 10,000 crore fund, tax exemptions for start-ups
Posted Date : 17-Jan-2016 , 11:12:43 am | Posted By CASANSAAR
The government on Saturday unveiled a raft of measures - ranging from tax waiver for three years, ending inspector raj and a mega fund — to help boost the start-up eco-system.
The 19-point action plan, which was announced by Prime Minister Narendra Modi after a day-long event, came with t...
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Income Tax |
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Govt working to make start, exit easy for startups
Posted Date : 17-Jan-2016 , 11:09:03 am | Posted By CASANSAAR
The government is working to make it easy for budding entrepreneurs to start a business or exit from it, giving boost to the Indian startup ecosystem, Union Minister Nirmala Sitharaman said today.
"I understand that starting a startup is as much important as somebody wants to exit from it. T...
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Income Tax |
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0 | Hits : 736
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GET free of cost 10 unstructured CPE hours on a Self declaration for 2015
Posted Date : 15-Jan-2016 , 09:16:42 am | Posted By CASANSAAR
One can claim the CPE hours by filing a Self Declaration Form with the ICAI for the calendar year 2015. Current Block for Compliance of CPE Hour is from 01.01.2014 to 31.12.2016. Members, who have not filed self deceleration for Calendar Year 2015, can file the same now.
...
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ICAI |
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Extension of last date for complying with the CPE hours requirement for the Calendar Year 2015 - ICAI
Posted Date : 15-Jan-2016 , 08:52:50 am | Posted By CASANSAAR
January 12, 2016
FOR INFORMATION OF THE MEMBERS
Sub: Extension of last date “for complying with the CPE hours requirement for the Calendar Year 2015” - from 31st December, 2015 to 31st March, 2016
This is for kind information of the members that the last date for complying...
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ICAI |
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0 | Hits : 1871
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CSR fund should not be financing source for government schemes: MCA
Posted Date : 15-Jan-2016 , 08:47:55 am | Posted By CASANSAAR
Companies' CSR funds should not be used as a source of funding government schemes, the Ministry of Corporate Affairs (MCA) has said, adding that such spending should have a larger multiplier effect.
Allaying concerns in certain quarters that compulsory CSR spending under the Companies A...
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MCA |
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Aadhaar not mandatory for DBT scheme, clarifies RBI
Posted Date : 15-Jan-2016 , 08:41:56 am | Posted By CASANSAAR
The Reserve Bank (RBI) has clarified that use of Aadhaar cards is not mandatory for Direct Benefit Transfer (DBT) Scheme. In a communication to banks, RBI said in view of the Supreme Court's interim orders on 11th August and 15th October last year on usage of Aadhaar, it is clarified that use of...
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RBI |
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CA Final Nov 2015 & CPT Exam Result to be Declared on 17th Jan 2016
Posted Date : 12-Jan-2016 , 08:49:18 am | Posted By CASANSAAR
The result of the Chartered Accountants Final Examination held in November, 2015 and Common Proficiency Test (CPT) held in December, 2015 are likely to be declared on Sunday, the 17th January, 2016 around 2.00 P.M. and the same as well as the merit list (candidates securing a minimum of 55% and abov...
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CA Results |
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0 | Hits : 1431
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RBI raises provisions for ‘yet to fail’ CDR accounts
Posted Date : 12-Jan-2016 , 08:41:17 am | Posted By CASANSAAR
Probably concerned at the rising number of loan recasts going wrong, the Reserve Bank of India (RBI) has asked lenders to increase provisioning for accounts that may not have yet failed corporate debt restructuring (CDR) but do not meet conditions stipulated in the master restructuring agreement. Wh...
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RBI |
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0 | Hits : 1009
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SEBI approves norms to make e-book must for pvt placement debt
Posted Date : 12-Jan-2016 , 08:36:32 am | Posted By CASANSAAR
Capital markets regulator Securities and Exchange Board of India (SEBI) today approved new norms to make electronic book mandatory for all private placement issues on debt basis, having a threshold of more than Rs 500 crore.
The move is aimed at improving the efficiency, transparency of the price...
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SEBI |
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Discontinuation of ranks in Common Proficiency Test (CPT) - ICAI
Posted Date : 12-Jan-2016 , 08:31:56 am | Posted By CASANSAAR
8th January 2016
Discontinuation of ranks in Common Proficiency Test (CPT)
It is hereby informed that in terms of decision taken by the Examination Committee, declaration of ranks in respect of Common Proficiency Test(CPT), has been discontinued with effect from CPT held in December, 2015 on...
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ICAI |
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ICAI Constitute a Group to look into the definition of Accountant and other services a CA can render
Posted Date : 12-Jan-2016 , 08:29:14 am | Posted By CASANSAAR
Council Affairs/M-626/2015 11th January, 2016
ALL MEMBERS OF THE COUNCIL
Dear Sir,
Sub: Constitution of a Group to look into the definition of Accountant and other services a CA can render
Arising out of discussion on the Opening Remarks of the President, the Council at...
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ICAI |
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0 | Hits : 1131
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All communication of income tax scrutiny to be via e-mail from FY17
Posted Date : 11-Jan-2016 , 08:41:53 am | Posted By CASANSAAR
The income tax department is planning to carry out all communication related to the scrutiny of returns through e-mails from the next fiscal to reduce harassment of tax payers by eliminating interface between assessees and taxmen.
The I-T department, on a pilot basis, has already started scruti...
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Income Tax |
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0 | Hits : 1527
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Over 50 lakh ITRs e-verified by Income Tax department
Posted Date : 11-Jan-2016 , 08:23:08 am | Posted By CASANSAAR
The Income Tax department’s ambitious OTP-based ITR filing system for taxpayers has crossed the 50 lakh e-verification mark, while more than 39 lakh Aadhaar numbers have been successfully linked with the PAN database after the scheme was launched over six months back. The new e-filing sys...
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Income Tax |
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0 | Hits : 1013
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Taxmen’s appraisal format tweaked to ensure speedier disposal
Posted Date : 09-Jan-2016 , 11:17:50 pm | Posted By CASANSAAR
Seeking to end harassment of tax payers, the Income Tax department today came out with a new appraisal form for its officials that will judge their performance based on the pace of disposal of cases and quality of assessment.
In the revised Annual Performance Appraisal Report (APAR), the CBDT sai...
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Income Tax |
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0 | Hits : 922
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Changes in the APAR format of the Assessing Officers of Income Tax Department
Posted Date : 09-Jan-2016 , 09:02:21 am | Posted By CASANSAAR
The Income Tax Department is committed to the objective of timely delivery of quality taxpayer services in a fair and transparent environment.
The Department has modified the Annual Performance Appraisal Report (APAR) of the Assessing Officers (Income Tax Officers as well as Assistant Commi...
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Income Tax |
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0 | Hits : 1296
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ICAI ELECTION 2015 - Counting updates of Regional Council - NIRC
Posted Date : 08-Jan-2016 , 12:55:51 pm | Posted By CASANSAAR
ICAI ELECTION 2015 - Counting updates of Regional Council - NIRC
Present Position of Regional Council Candidates From Northern Region
(Total 13 Person to be Selected out of 58 Candidates)
40) Vivek Khurana
9) Yogita Anand
22) Sumit Garg
7) Rajesh Agarwal
37) Nitin Kanwar ...
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ICAI Election |
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0 | Hits : 15471
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ICAI Election 2015 - Counting updates of Regional Council - NIRC
Posted Date : 08-Jan-2016 , 12:28:38 pm | Posted By CASANSAAR
ICAI Election 2015 - Counting updates of Regional Council - NIRC
(13 Members to be Elected out of 58 Candidates)
Total Validate Votes for RC :- 23028
Quota for RC :- 1645
S.N.
Name of Candidate
Votes
S.N.
Name of Candidate
Votes
1
AGARR...
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Category :
ICAI Election |
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0 | Hits : 31031
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CA Vivek Khurana Elected as Member of NIRC with Quota & No. 1 Position
Posted Date : 07-Jan-2016 , 05:51:36 pm | Posted By CASANSAAR
CA Vivek Khurana, Founder of www.casansaar.com elected as Member of NIRC Election of ICAI with Quota & No. 1 Postion.
Many Many congrats from the team & Members of www.casansaar.com...
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ICAI Election |
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8 | Hits : 3184
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Income tax department extends ITR-V verification deadline till 31st Jan 2016
Posted Date : 07-Jan-2016 , 07:17:20 am | Posted By CASANSAAR
If you missed your 120 days ITR-V verification deadline, there is good news. The income tax department has extended the verification deadline till 31st January. Although it has not been officially notified yet, taxpayers having been receiving this information via email from the I-T department. Howev...
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Income Tax |
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0 | Hits : 1495
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Govt collects Rs 9.5 lakh cr in taxes during Apr-Dec
Posted Date : 07-Jan-2016 , 07:05:42 am | Posted By CASANSAAR
The government has collected Rs 9.5 lakh crore in taxes during the April-December period of 2015-16, which is 66 per cent of the budget estimates (BE).
The government in the budget for 2015-16 pegged tax collection (direct and indirect) at Rs 14.45 lakh crore.
"The total tax r...
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Income Tax |
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0 | Hits : 919
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List of Final 7 Central Council Members Elected from NIRC
Posted Date : 06-Jan-2016 , 02:42:31 pm | Posted By CASANSAAR
ICAI Election 2015 :- List of Final 7 Central Council Members Elected from NIRC
1. GUPTA NAVEEN N D
2. GUPTA ATUL KUMAR
3. CHAUDHARY SANJIV KUMAR
4. AGARWAL SANJAY
5. VASUDEVA SANJAY
6. GUPTA VIJAY KUMAR
7. SHARMA RAJESH
Many Many Congr...
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ICAI Election |
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ICAI Election 2015 - Counting updates of Central Council - NIRC
Posted Date : 06-Jan-2016 , 02:38:02 pm | Posted By CASANSAAR
ICAI Election 2015 - Counting updates of Central Council - NIRC
(Total 7 Members to be elected out of 21 Candidates)
Total Validate Votes for CC :- 23128
S.NO. AS PER
ICAI
NAME OF CANDIDATE
TOTAL
VOTES
1
...
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Category :
ICAI Election |
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0 | Hits : 27945
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Money laundering: RBI to share banks' inspection report
Posted Date : 06-Jan-2016 , 06:41:15 am | Posted By CASANSAAR
Bowing to pressure, the Reserve Bank of India has agreed to share relevant extracts of its banks' inspection reports with a central economic intelligence wing to help it check money laundering and violations of other banking laws.
The central bank is expected to soon sign a Memora...
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Category :
Money laundering |
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The Negotiable Instruments (Amendment) Bill, 2015 notified
Posted Date : 06-Jan-2016 , 06:34:59 am | Posted By CASANSAAR
The Negotiable Instruments (Amendment) Bill, 2015 notified; Focus on clarifying the jurisdiction related issues for filing cases for offence committed under Section 138 of the Act
The Negotiable Instruments (Amendment) Bill, 2015 was passed by the Parliament in the recently conclude...
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Category :
General |
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ICAI ELECTION 2015 - Counting updates - Northern Region (NIRC)
Posted Date : 04-Jan-2016 , 10:12:14 pm | Posted By CASANSAAR
ICAI ELECTION 2015 - Counting updates - Northern Region (NIRC)
254 Postal Ballot
205 Valid for CC
203 for RC
Refresh your Page by Pressing F5
Total Validate Votes for CC :- 23128
Quota for CC : - 2892
Total Validate Votes for RC :- 23028
Quota for RC :- 1645
2...
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Category :
ICAI Election |
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0 | Hits : 7794
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ICAI Elections 2015 - Counting Updates of Regional Council - CIRC
Posted Date : 04-Jan-2016 , 07:18:48 am | Posted By CASANSAAR
ICAI Elections 2015 - Counting Updates of Regional Council - CIRC
(Total 10 Person to be Selected out of 31 Candidates) Quota is 1587
S.NO. AS PER
ICAI
NAME OF CANDIDATE
TOTAL
VOTES
1
AGARWAL ROHIT
1587
...
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Category :
ICAI Election |
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0 | Hits : 15183
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New Income Tax Reporting Norms for High Value Transactions From April 1
Posted Date : 03-Jan-2016 , 08:24:56 pm | Posted By CASANSAAR
In order to check black money, the Central Board of Direct Taxes (CBDT), the apex policymaking body of the Income Tax Department, has notified norms under which cash receipts and high value transactions beyond a certain threshold will have to be reported to the income tax authorities with effect fro...
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Income Tax |
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0 | Hits : 2058
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ICAI Elections 2015 - Counting Updates of Central Council - CIRC
Posted Date : 03-Jan-2016 , 07:46:33 pm | Posted By CASANSAAR
ICAI Elections 2015 - Counting Updates of Central Council - CIRC
Total 5 Person to be Selected in Central Council) Quota is 2916.
S.NO. AS PER
ICAI
NAME OF CANDIDATE
TOTAL
VOTES
1
AGARWAL NITISH
Eliminate...
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Category :
ICAI Election |
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0 | Hits : 11641
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List of Final 5 Central Council Members Elected from CIRC
Posted Date : 03-Jan-2016 , 04:11:59 pm | Posted By CASANSAAR
1. Shyam Lal Agarwal
2. Kimisha Soni
3. Mukesh Kushwaha
4. Manu Agarwal
5. Prakash Sharma
www.casansaar.com...
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ICAI Election |
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0 | Hits : 2463
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ICAI ELECTION 2015 - Counting updates - Central Region
Posted Date : 02-Jan-2016 , 01:16:22 pm | Posted By CASANSAAR
NO CHANGE in the Votes either Preference wise or Total wise.
Eliminiation Process Starts now.
After first round of counting, lots of candidates has requested for Rechecking and Recounting of Votes for both CC and RC
Now again Recheck and Recounting of Votes by ICAI on the Process.
www.casans...
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Category :
ICAI Election |
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0 | Hits : 3482
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