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...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 1092
|
 |
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...
Continue Reading...
Category :
ICAI |
Comments :
0 | Hits : 1060
|
|
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...
Continue Reading...
Category :
ICAI |
Comments :
0 | Hits : 1163
|
|
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...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1548
|
|
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...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1031
|
|
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...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 942
|
|
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...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1335
|
|
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 ...
Continue Reading...
Category :
ICAI Election |
Comments :
0 | Hits : 15505
|
|
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...
Continue Reading...
Category :
ICAI Election |
Comments :
0 | Hits : 31088
|
|
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...
Continue Reading...
Category :
ICAI Election |
Comments :
8 | Hits : 3278
|
|
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...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1516
|
|
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...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 943
|
|
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...
Continue Reading...
Category :
ICAI Election |
Comments :
0 | Hits : 3833
|
|
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
...
Continue Reading...
Category :
ICAI Election |
Comments :
0 | Hits : 27990
|
|
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...
Continue Reading...
Category :
Money laundering |
Comments :
0 | Hits : 1520
|
|
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...
Continue Reading...
Category :
General |
Comments :
0 | Hits : 1384
|
|
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...
Continue Reading...
Category :
ICAI Election |
Comments :
0 | Hits : 7824
|
|
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
...
Continue Reading...
Category :
ICAI Election |
Comments :
0 | Hits : 15209
|
|
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...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 2082
|
|
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...
Continue Reading...
Category :
ICAI Election |
Comments :
0 | Hits : 11670
|
|
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...
Continue Reading...
Category :
ICAI Election |
Comments :
0 | Hits : 2491
|
|
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...
Continue Reading...
Category :
ICAI Election |
Comments :
0 | Hits : 3507
|
|
SEBI Issues New Listing Norms for Stock Exchanges
Posted Date : 01-Jan-2016 , 09:25:46 pm | Posted By CASANSAAR
Paving way for listing of the stock exchanges, markets regulator Sebi on Friday announced detailed guidelines for their compliance to disclosure and listing regulations including for ensuring "fit and proper" status of every investor in the bourses.
The exchanges would need to take step...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 1073
|
|
RBI to move to CTS for clearing government's cheques
Posted Date : 01-Jan-2016 , 08:40:07 pm | Posted By CASANSAAR
RBI today said it has decided to dispense with the requirement of physically forwarding paid central government cheques to the departments for clearance.
With a view to enhance efficiency in cheque clearing, Reserve Bank of India has introduced Cheque Truncation System (CTS) for clearance of cheq...
Continue Reading...
Category :
RBI |
Comments :
1 | Hits : 1173
|
|
Extension of date to complete GMCS-I Course by the students registered for articleship training on or after 1st May, 2012
Posted Date : 01-Jan-2016 , 08:31:05 pm | Posted By CASANSAAR
31st December, 2015
Sub: Extension of date to complete GMCS-I Course by the students registered for articleship training on or after 1st May, 2012
It has been decided to grant extension to students, who were registered for practical training on or after 1st May, 2012 and completed one year...
Continue Reading...
Category :
ICAI |
Comments :
0 | Hits : 1068
|
|
Income tax officers to raise only specific queries in scrutiny - Revenue Secretary
Posted Date : 31-Dec-2015 , 07:29:00 am | Posted By CASANSAAR
Seeking to eliminate corruption and promote ease of doing business, the revenue department has asked field offices only to raise specific queries in income tax assessment cases picked up for scrutiny.
Issuing comprehensive norms for scrutiny, the Central Board of Direct Taxes (CBDT) said qu...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1453
|
|
Income tax appeal before Commissioners must be e-filed - CBDT
Posted Date : 31-Dec-2015 , 07:25:21 am | Posted By CASANSAAR
Aiming to reduce the compliance burden, revenue department today said appeals before Income Tax Commissioner should be filed in electronic format by those assessees who e-file their returns.
Electronic filing of appeals along with documents, before the CIT (Appeals), will remove human inter...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1166
|
|
Delay in GST will deprive consumers of benefits - ICAI President
Posted Date : 31-Dec-2015 , 07:23:43 am | Posted By CASANSAAR
The delay in implementation of the GST Bill will deprive the consumers of its benefits, Institute of Chartered Accountants of India (ICAI) president Charted Account Manoj Fadnis said today.
"The consumers are at a loss as they will not be able to avail the benefits of one common tax in...
Continue Reading...
Category :
ICAI |
Comments :
1 | Hits : 1126
|
|
Expedite scrutiny cases below Rs 5 lakh: CBDT to taxman
Posted Date : 31-Dec-2015 , 07:21:09 am | Posted By CASANSAAR
In fresh moves to end taxpayers grievances, CBDT has asked the taxman to "expeditiously" complete those scrutiny cases where income concealed is uptoRs 5 lakh .
It has asked the Assessing Officers (AOs) to confine their queries for which the case has been picked up for scrutiny under th...
Continue Reading...
Category :
CBDT |
Comments :
0 | Hits : 1232
|
|
Income Tax Department Names 18 Defaulters Owing Rs 1,100 Crore
Posted Date : 30-Dec-2015 , 06:08:58 pm | Posted By CASANSAAR
The Income Tax Department Wednesday published a fresh list of 18 tax defaulters, including gold and diamond traders, who owe taxes of over Rs 1,100 crore to the government for the past many assessment years but have either gone untraceable or have inadequate assets to pay.
The list has been compi...
Continue Reading...
Category :
Income Tax |
Comments :
1 | Hits : 1516
|
|
|
