Radia tapes: SC pulls up Income Tax department, CBI for not acting on information
Posted Date : 02-Aug-2013 , 07:15:02 am | Posted By CASANSAAR
The Supreme Court today sharply criticised the IT Department and the CBI for not taking any action on the controversial Niira Radia tapes, saying it was "not a happy situation" that every government action should only follow court orders. In the tapes, corporate lobbyist Nii...
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General |
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Cabinet panel approves
Posted Date : 02-Aug-2013 , 07:04:00 am | Posted By CASANSAAR
The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved “dilution” of certain safeguards including relaxing the 30 per cent sourcing norm and dropping the mandatory 50 per cent condition for backend infrastructure investment which were approved by Parliament while allowing ...
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Finance |
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Special Arrangements for Receipts of Returns during 1ST to 5TH August 2013 Including on Saturday and Sunday
Posted Date : 01-Aug-2013 , 08:20:29 pm | Posted By CASANSAAR
As a measure of taxpayer convenience, Central Board of Direct Taxes (CBDT) has extended the ‘due date’ for filing Returns of Income for A.Y. 2013-14 by Individuals, HUFs and non-auditable cases from 31st July, 2013 to 5th August, 2013. The field offices have been asked to make speci...
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Income Tax |
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Revised syllabus of selected papers of Intermediate and Final Courses - ICAI
Posted Date : 01-Aug-2013 , 07:53:29 pm | Posted By CASANSAAR
Sub: Revision of syllabus of Group – I – Paper- 4 - Taxation – Part – II andGroup – II – Paper – 7 - Section A: Information Technology ofIntermediate (IPC) Course;
and
Group – II – Paper – 6 Information Systems Control and Aud...
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Students Zone |
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Pass Percentage & Toppers of of CA IPC Exams, May 2013
Posted Date : 01-Aug-2013 , 08:43:02 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) announced the result of Chartered Accountants Intermediate (IPC) Examination held in May, 2013.
DETAILS OF CANDIDATES PASSED IN CHARTERED ACCOUNTANTSINTERMEDIATE (IPC) EXAMINATION HELD IN May – 2013
...
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Students Zone |
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Sebi reduces FII debt limit utilisation period by 2 days
Posted Date : 01-Aug-2013 , 08:38:15 am | Posted By CASANSAAR
Securities and Exchange Board of India (Sebi) has reduced the time given for foreign institutional investors (FIIs) to utilise the debt limits purchased in auctions by two days.
Sebi has said foreign investors will be permitted to utilise the debt limits allocated to them during...
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SEBI |
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Petrol price hiked by 70 paise a litre, diesel by 50 paise
Posted Date : 31-Jul-2013 , 08:43:18 pm | Posted By CASANSAAR
The oil marketing companies have raised petrol and diesel prices by 70 paise a litre and 50 paise a litre (excluding taxes), respectively effective Wednesday midnight.
“Since the last price change, the international price of petrol has gone up from $117.19/barrel to $120.05/barrel. Th...
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ITR: Deadline for filing return extended till August 5
Posted Date : 31-Jul-2013 , 04:58:12 pm | Posted By CASANSAAR
In a major relief to those who could not file their income tax returns today, the Income Tax Department has extended the deadline for filing returns till August 5. The previous deadline was scheduled to expired today.
The department had earlier extended the date for filing returns for Uttar...
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Income Tax |
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Service Tax return (ST-3) for the period October 12 to March 13 is now available
Posted Date : 31-Jul-2013 , 01:46:21 pm | Posted By CASANSAAR
The Offline Excel utility for filing half-yearly Service Tax return (ST 3) for the period 1st October, 2012 to 31st March, 2013 is now available in ACES. The same can be downloaded from http://acesdownload.nic.in/.
It can also be accessed from 'DOWNLOADS' section of ACES website, ...
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Service Tax |
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ICAI extends time to complete GMCS-I Course
Posted Date : 31-Jul-2013 , 12:24:07 pm | Posted By CASANSAAR
Extension of time to complete GMCS-I Course by the students registered for articleship training between 1st May, 2012 and 31st December, 2012
28th July, 2013
Important Announcement
The Council at its 326th Meeting being held from 27th-29th July, 2013 at ICAI Bhawan, New Delhi...
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Students Zone |
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Mobile Apps for filing of return aren't approved by I-T Department: e-Filing Portal
Posted Date : 31-Jul-2013 , 10:38:17 am | Posted By CASANSAAR
There are Mobile applications which are not approved by the Income Tax Department. Users are advised that they may not be according to Department's data structure. Filers using them would be doing so at their own risk.
Source : www.incometaxindiaefiling.gov.in
...
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Income Tax |
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Good Luck - CA IPCC May 2013 Exams Result today on caresults.nic.in
Posted Date : 31-Jul-2013 , 08:57:22 am | Posted By CASANSAAR
Result of the Chartered Accountants Intermediate (IPC) Examinations held in May, 2013 are likely to be declared on today, the 31st July, 2013.
Results will be available on the following website:
http://www.caresults.nic.in
Further facilities have been ...
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Students Zone |
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ITR efiling: Last-minute rush slows down income tax site
Posted Date : 31-Jul-2013 , 08:38:01 am | Posted By CASANSAAR
The website of the income tax (I-T) department is running slow since Monday. It has slowed down at a time when taxpayers are in a rush to meet the July 31 deadline for filing returns for the assessment year 2013-14.
Besides, the central board of direct taxes ( CBDT) recently ma...
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Income Tax |
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Call data record is important evidence in fraud cases, says Sebi
Posted Date : 31-Jul-2013 , 08:26:31 am | Posted By CASANSAAR
Within days of the government notifying an ordinance empowering theSecurities and Exchange Board of India(Sebi) to seek call data records, a public interest litigation , is likely to come up for hearing before the Bombay High Court on Wednesday.The Indian Council of Investors, which h...
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SEBI |
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More than 82 lakh tax returns e-filed till July 29: Finance Ministry
Posted Date : 31-Jul-2013 , 08:22:26 am | Posted By CASANSAAR
More than 82 lakh income taxreturns have been e-filed till Monday which is 40 per cent higher than the same period last year, the Finance Ministry today said. "On July 30, 2013, 6.23 lakh returns were e-filed till 6 pm. Record peak of more than 85,000 returns per hour has been ac...
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Income Tax |
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Amnesty scheme for service tax defaulters fails to take off
Posted Date : 31-Jul-2013 , 08:13:56 am | Posted By CASANSAAR
The amnesty scheme for Service Tax defaulters, christened Service Tax Voluntary Compliance Encouragement Scheme, has not taken off, as the trade and industry await more clarity. A major hurdle that precludes service tax defaulters from disclosing under the scheme is the fear...
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Service Tax |
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I-T department identifies 12 lakh assessees who do not file returns
Posted Date : 30-Jul-2013 , 11:54:09 am | Posted By CASANSAAR
The Income Tax department has already identified 12 lakh assessees who do not file returns and are doing their follow-up action on them.
The department has prepared a list of non-filers based on their information records.
According to reports, a large number of tax payers have already paid taxes a...
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Income Tax |
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0 | Hits : 1104
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RBI maintains status quo; leaves rates unchanged
Posted Date : 30-Jul-2013 , 11:17:37 am | Posted By CASANSAAR
Reserve Bank on Tuesday kept the key interest rates unchanged in its first quarter monetary policy review with focus on stabilising the domestic currency and containing the current account deficit.
Presently, the short-term lending (repo) rate, or the rate at which RBI lends to banks, is at 7.25 pe...
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RBI |
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Chartered Accountants submit Petition to Collector
Posted Date : 30-Jul-2013 , 08:27:19 am | Posted By CASANSAAR
Tamil Nadu :- Demanding the arrest of culprits involved in the murder of CA. V. Ramesh, members of The Institute of Chartered Accountants of India (ICAI) submitted a petition to the District Collector, K. Maharabushanam, here on Monday.
Led by V. Madhukar, Chairman, Salem Branch of SIRC and...
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ICAI |
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RBI unlikely to change rates, EMIs won't rise
Posted Date : 30-Jul-2013 , 08:16:34 am | Posted By CASANSAAR
Interest rates are not likely to rise, finance minister P Chidambaram said on Monday, a day ahead of the Reserve Bank of India's monetary policy review, which, among other things, nudges banks to raise, hold or cut interest rates on deposits and loans.
The implication: if RBI governor D Su...
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RBI |
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Extension of time period to complete ITT and Orientation Course by students registered under Direct Entry Scheme
Posted Date : 30-Jul-2013 , 08:06:20 am | Posted By CASANSAAR
It has been brought to the notice of the Council that some students of the Direct Entry Scheme, who were registeredbetween 01.08.2012 and 31.01.2013 for the Intermediate (Integrated Professional Competence) Course and were required to complete ITT and Orientation Course...
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Students Zone |
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Sebi tightens disclosure norms for hedge funds
Posted Date : 29-Jul-2013 , 07:12:28 pm | Posted By CASANSAAR
Capital market regulator Sebi on Monday tightened disclosure norms for hedge funds and other Alternative Investment Funds using complex trading strategies, especially for those leveraging investments for higher returns or borrowings.
Such funds have been asked to have a co...
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SEBI |
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Emphasis of Matter: Auditors' new way to flag off risks
Posted Date : 29-Jul-2013 , 08:19:51 am | Posted By CASANSAAR
To draw investors' attention towards potential financial and litigation risks at companies, the auditors have adopted a new practice of flagging off 'Emphasis of Matter' observations in their audit reports. Such 'Emphasis of Matter' observations are in addition to the usual accounting issues me...
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ICAI |
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Online transfer of PF accounts likely to start from August 15
Posted Date : 29-Jul-2013 , 08:18:18 am | Posted By CASANSAAR
Retirement fund body EPFO is likely to start online transfer of PF accounts on changing jobs by this Independence Day on August 15, a move that would benefit over 13 lakh such applicants every year.
The Employees' Provident Fund Organisation (EPFO) has started registering ...
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General |
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RBI may consider fraud registry to deal with financial crimes
Posted Date : 27-Jul-2013 , 08:39:50 am | Posted By CASANSAAR
The Reserve Bank could consider setting up of a Fraud Registry on the lines of Credit Information Bureau to check criminal activities in the financial sector. "Establishment of a Fraud Registry on the lines of credit information bureau could be considered by the (central bank)," said&...
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RBI |
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Disclose top 10 Income Tax assessees: CIC to I-T department
Posted Date : 26-Jul-2013 , 08:15:02 pm | Posted By CASANSAAR
The Central Information Commission has directed the Income Taxdepartment to disclose the list of top 10 Income Tax assessees among individual, companies and charitable organisations categories. Information Commissioner M L Sharma said the information should be disclosed as i...
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Income Tax |
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Result of the Insurance & Risk Management [IRM] Examination held in May, 2013 is likely to be declared on 31st July, 2013
Posted Date : 26-Jul-2013 , 07:14:01 pm | Posted By CASANSAAR
23rd July, 2013
IMPORTANT ANNOUNCEMENT
The result of the Insurance & Risk Management [IRM] Examination held in May, 2013 is likely to be declared on 31st July, 2013 around 4.00 P.M. at the Institute’s office at New Delhi.
The result of the above Examination will be availab...
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Students Zone |
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EPFO starts registration of digital signatures of employers
Posted Date : 26-Jul-2013 , 06:19:31 pm | Posted By CASANSAAR
Online transfer of PF accounts on changing jobs will soon be a reality asretirement fund manager EPFO has started registering digital signatures of employers, a prerequisite for providing the facility. According to an official circular, theEmployees' Provident Fund Organisat...
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General |
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Congress ka haath, thaali ke saath: Full meal for Rs5 ? is it a Joke?
Posted Date : 26-Jul-2013 , 06:10:58 pm | Posted By CASANSAAR
Either our politicians are not in touch with reality or food prices have come down drastically for a privileged few in the country. A day after Congress spokesperson Raj Babbar said it was possible to have a full meal for Rs12 in Mumbai, his colleague, Rajya Sabha MP Rashid Masood, on Thursday creat...
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General |
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0 | Hits : 800
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New India Assurance signs MoU with ICSI
Posted Date : 26-Jul-2013 , 08:11:58 am | Posted By CASANSAAR
New India Assurance has signed an agreement with Institute of Company Secretaries of India (ICSI) to provide an exclusive portal for members, students and employees of the institute.
Under the MoU, the general Insurance company would provide a portal, which can be accessed through...
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ICSI |
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