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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GST |
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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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Secretarial Standards |
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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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Service Tax |
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0 | Hits : 1794
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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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CA Exams |
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0 | Hits : 879
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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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Income Tax |
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0 | Hits : 1327
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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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Bank |
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1 | Hits : 2923
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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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International Business |
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0 | Hits : 807
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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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Companies Act |
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0 | Hits : 1281
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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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ICAI |
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3 | Hits : 3135
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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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CS Exams |
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0 | Hits : 882
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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 no rel...
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CS Exams |
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0 | Hits : 854
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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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ITR |
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0 | Hits : 1281
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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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CA |
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0 | Hits : 1743
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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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NPA |
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0 | Hits : 954
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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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Income Tax |
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0 | Hits : 1202
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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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Finance |
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0 | Hits : 942
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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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CA Exams |
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0 | Hits : 1112
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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 |
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0 | Hits : 854
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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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CA |
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8 | Hits : 8707
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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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Income Tax |
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0 | Hits : 869
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Five world largest banks to pay $5.7 bn in fines for manipulating forex market
Posted Date : 21-May-2015 , 08:15:08 am | Posted By CASANSAAR
US officials say five of the world's largest banks are to pay fines totaling 5.7 billion dollar for manipulating the foreign exchange market. Four of the banks - JPMorgan, Citigroup, Barclays, RBS - have agreed to plead guilty to US criminal charges. The fifth, UBS, will plead guilty to rigging ...
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Category :
Bank |
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0 | Hits : 1212
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Income Tax Dept issues detailed circular to address tax grievances
Posted Date : 20-May-2015 , 08:35:26 am | Posted By CASANSAAR
To address grievances of taxpayers, the Income-Tax department on Tuedsay put in place a detailed framework for “verification and correction” of the outstanding tax demand, while rectifying the inaccuracies arising due to delayed or non-reporting of TDS (tax ...
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Category :
Income Tax |
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0 | Hits : 1267
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Service Tax Rate of 14% will be effective from 01st June 2015
Posted Date : 19-May-2015 , 09:24:17 pm | Posted By CASANSAAR
Section 66B of the Finance Act 1994 prescribes the service tax rate. it has been amended by section 108 of the finance act 2015. The rate of service tax is being increased from 12& to 14% (including cess). The increase in service tax rate will come into effect from 1st june 2015 (Notification no...
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Service Tax |
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Allotment of assignment of Checkers in respect of CA exams held in May 2015 - ICAI
Posted Date : 19-May-2015 , 07:59:57 pm | Posted By CASANSAAR
Checkers Portal-Chartered Accountancy Main ExaminationsMay 19, 2015
A web portal, http://checkers.icaiexam.icai.org has been developed and put in place, for handling the activities relating to Checkers, with effect from CA Examinations held in May 2015 onwards.
Details of allotment o...
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CA Exams |
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0 | Hits : 2284
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Exposure Draft by ICAI on the Managerial Remuneration under the Companies Act 2013
Posted Date : 19-May-2015 , 08:57:19 am | Posted By CASANSAAR
Exposure Draft by ICAI on the Managerial Remuneration under the Companies Act 2013.
Comments/suggestions may kindly be sent to the following address/ e-mail within 10 days i.e. upto 27th May, 2015. clcgc@icai.in...
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Companies Act |
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0 | Hits : 1593
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New ITR Form may not require Company-Sponsored Foreign Trip Details
Posted Date : 19-May-2015 , 08:27:21 am | Posted By CASANSAAR
The Finance Ministry is likely to exempt assesses from sharing details of company-sponsored foreign trips in the revised income tax return or ITR forms, but may retain the disclosure of foreign bank accounts, sources said.
The simplified form, which is being brought after the earlier version was ...
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Category :
ITR |
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0 | Hits : 895
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Companies P&L accounts to have separate CSR Expenditure head
Posted Date : 17-May-2015 , 08:51:41 pm | Posted By CASANSAAR
Companies will have to disclose their CSR Expenditure as a separate head in their profit and loss statements, accounting regulator ICAI has said.
Besides, if a company spends more than the mandatory two per cent of profit for Corporate Social Responsibility (CSR), the excess amount can not ...
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Category :
Companies Act |
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0 | Hits : 1312
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ICAI set per Member limit for Concurrent Audit of Banks
Posted Date : 16-May-2015 , 10:06:24 pm | Posted By CASANSAAR
The Council decided to fix limit on concurrent audit of banks at 4 audits per member per year. Cooperative banks and RRBs were exempted from the limit. The above limit will come into effect from 1.1.2016.
It is our endeavour to strengthen policies and procedures that enable members to render qual...
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Bank Branch Audit |
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10 | Hits : 4060
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Finance Bill is now Finance Act, date for levy of 14% service tax to be notified
Posted Date : 16-May-2015 , 09:58:57 pm | Posted By CASANSAAR
President Pranab Mukherjee has given his assent to the Finance Bill, 2015. It means various provisions such as the new taxation norms and merger of the Forward Market Commission with the Securities and Exchange Board of India, besides others, will now be part of an Act and will be implemented accord...
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Category :
Finance Bill |
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0 | Hits : 1724
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New ITR forms to be far more simplified, assures Finance Minister
Posted Date : 16-May-2015 , 06:00:59 pm | Posted By CASANSAAR
The new income tax return (ITR) forms will be far more simplified, Finance Minister Arun Jaitley said on Saturday.
The simplified form, which is being brought after the earlier version was opposed by industry and MPs for cumbersome disclosure norms, may exclude disclosure of dormant bank accounts...
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Category :
ITR |
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0 | Hits : 929
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