List of Toppers & Pass Percentage of CA Final May 13 & CPT June 13 Exams
Posted Date : 17-Jul-2013 , 08:31:57 am | Posted By CASANSAAR
PERCENTAGE OF CANDIDATES PASSED IN CHARTERED ACCOUNTANTS FINAL EXAMINATION HELD IN MAY – 2013
The results of the Chartered Accountants Final Examination wasdeclared recently on 16th July, 2013.
&n...
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Students Zone |
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Now, pay service tax on parking in south Delhi
Posted Date : 17-Jul-2013 , 07:00:46 am | Posted By CASANSAAR
Parking in any south Delhi area is going to get more expensive, albeit marginally. The reason: You will have to pay a 12.36 per cent service tax every time you park your car in a municipal parking.
This means, after rounding off your tax, if you paid Rs. 10 for 10 hours earlier, you...
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RBI |
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Over 1.80 lakh job applications for 680 posts in SAIL
Posted Date : 16-Jul-2013 , 10:08:37 pm | Posted By CASANSAAR
State-run steel maker SAIL has received job applications from over 1.80 lakh engineering graduates for 640 managerial posts.
"The process (of recruitment of engineering graduates) has been attracting high number of applicants from leading institutes across the country,...
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General |
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Govt allows 100% FDI in telecom, hikes insurance cap to 49%
Posted Date : 16-Jul-2013 , 09:56:26 pm | Posted By CASANSAAR
In a major reform push, the government on Tuesday decided to liberalize and hike foreign direct investment (FDI) limits in insurance, retail, telecom, defence and a host of other sectors.
The decision was taken during a meeting of senior cabinet ministers c...
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International Business |
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The Total Number of Companies in the Official Registry Crosses 13 Lakh
Posted Date : 16-Jul-2013 , 08:52:05 pm | Posted By CASANSAAR
The total number of companies in the official Registry of the Ministry of Corporate Affairs has crossed the 13 lakh mark. As on 31.05.2013, there were 13.21 lakh companies in the Registry. Of these, as many as 2.6 lakh companies have been closed for various reasons, such as court order, voluntary wi...
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Corporate Law |
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DTC bill to be introduced in monsoon session: FM
Posted Date : 16-Jul-2013 , 02:34:13 pm | Posted By CASANSAAR
Finance Minister P Chidambaram today said official amendments to the DTC bill, which seeks to overhaul the over 50-year old income tax law, will be introduced towards the end of Monsoon session of Parliament starting August 5.The Direct Taxes Code (DTC) bill was introduced in Lok Sabha in 2010 and S...
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Income Tax |
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Good Luck - CA Final & CPT Result 2013 today on caresults.nic.in
Posted Date : 16-Jul-2013 , 07:58:16 am | Posted By CASANSAAR
An official notification released by the Institute of Chartered Accountants of India stated that the CA Final and CPT results 2013 would be declared today i.e. 16th July for which the examination were conducted during May & June this year. Candidates who have been anxiously waiting for the resul...
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Students Zone |
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Every district to have Income Tax office by 2013
Posted Date : 16-Jul-2013 , 07:55:57 am | Posted By CASANSAAR
Every district in the country will have at least one Income Tax office once the ambitious cadre restructuring of the department is implemented by the end of this year. The proposal was discussed at length and approved at a recent meeting of top I-T and Central Board of Direct Tax...
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Income Tax |
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RBI penalises 22 banks for violating KYC norms, SBI fined Rs 3 cr
Posted Date : 15-Jul-2013 , 08:47:29 pm | Posted By CASANSAAR
The Reserve Bank of Indiaimposed penalties on 22 banks for violating rules for customer identification and anti-money laundering, ranging from Rs 50 lakh to around Rs 3 crore, it said on Monday.
RBI has imposed a total fine of Rs 49.5 crore, including SBI,P...
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RBI |
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New Rules of Filing Income Tax Returns
Posted Date : 15-Jul-2013 , 02:34:08 pm | Posted By CASANSAAR
The tax authorities have introduced several new guidelines for filing returns this year. Find out how these changes are likely to impact you.
First they made it compulsory for businesses to e-file their tax returns. Then they made it mandatory for taxpayers with incomes of over 10 lakh to tak...
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Income Tax |
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E-filing of income tax returns to surge on new norms
Posted Date : 15-Jul-2013 , 07:21:09 am | Posted By CASANSAAR
Electronic filing of income taxreturns is likely to jump sharply this year as the government has brought down the mandatory limit of online filing to income above Rs.5 lakh from the earlier Rs.10 lakh. "A large number of people come under Rs.5 lakh to Rs.10 lakh category. The lowering of i...
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Income Tax |
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No need to round off cheque amount, says RBI
Posted Date : 15-Jul-2013 , 07:20:20 am | Posted By CASANSAAR
If your bank has been refusing to accept cheques for amounts that include fraction of a rupee, it's against the rules and the bank should be penalised. In an internal circular issued earlier, the Reserve Bank of India (RBI) had warned that banks which refuse to accept cheques on such grounds from cu...
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RBI |
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0 | Hits : 1123
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Sebi mulls higher penalties, public censure for defaulters
Posted Date : 15-Jul-2013 , 07:19:19 am | Posted By CASANSAAR
To make its enforcement actions more effective, market regulator Sebi is considering a significant increase in its monetary penalties, as also steps like public censure, against the errant entities.
The proposals have been made to Sebi by an independent consultant, which was brought on boar...
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SEBI |
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0 | Hits : 738
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ICAI
Posted Date : 15-Jul-2013 , 06:47:33 am | Posted By CASANSAAR
Kind Attention of the Members
Payment of Membership Fee andCertificate of Practice Fee for the year 2013 -14 Fee circular for Payment of Membership Fee and Certificate ofPractice Fee has already been sent to all the members of...
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ICAI |
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0 | Hits : 1871
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Petrol Prices Hiked by Rs 1.55 Per Litre
Posted Date : 14-Jul-2013 , 05:29:40 pm | Posted By CASANSAAR
Petrol prices have been hiked by Rs 1.55 per litre with effect from Sunday midnight.
This is the fourth increase in the rates since last month.
Petrol price hike is due to the increasing oil pricing in international market and the Indian government has no control over the international marke...
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General |
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Chartered accountants debate change in tax rules
Posted Date : 14-Jul-2013 , 06:54:49 am | Posted By CASANSAAR
The changes in the tax rules have stumped many after both state and Union budgets were presented earlier this year. For one, under property tax, if any person buys property less than the collector rates, then he would have to pay tax applicable on the difference of the two.
The new amendm...
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Income Tax |
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Direct Taxes Committee of ICAI requests members to share difficulties being faced in e-filing of tax audit reports
Posted Date : 13-Jul-2013 , 07:38:10 am | Posted By CASANSAAR
As the members are aware, the Direct Taxes Committee of ICAI makes suitable representations to the Central Board of Direct Taxes or other appropriate bodies on various issues arising out of direct tax laws from time to time which are brought to the notice of the Committee by the members. Recently, i...
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Income Tax |
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Income Tax officials donate one-day salary for Uttarakhand victims
Posted Date : 13-Jul-2013 , 07:29:47 am | Posted By CASANSAAR
Indian Revenue Service officials of the Income Tax department will donate their one day's earnings to relief fund for the Uttarakhand rain and flash floods affected people.
The I-T officials have been asked to send their contributions to a designated bank account in the national capital whi...
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Income Tax |
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1 | Hits : 722
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RBI warns banks to strictly follow KYC norms or face action
Posted Date : 13-Jul-2013 , 07:10:50 am | Posted By CASANSAAR
Concerned over violation of anti-money laundering norms by banks, the RBI on Friday warned them to meticulously follow its instructions with regard to walk-in customers while selling insurance, mutual fund, gold and other products above Rs 50,000 or face action.
"It is reiterated that banks...
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RBI |
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RBI may ask banks to classify floating provisions as NDTL
Posted Date : 12-Jul-2013 , 08:43:48 am | Posted By CASANSAAR
The Reserve Bank of India (RBI) is likely to ask banks to classify floating provisions as net demand and time liability (NDTL) - a move that is expected to hurt HDFC Bank and IndusInd bank. HDFC Bank has floating provisions of Rs 1800 crore while IndusInd Bank has ...
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RBI |
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Sebi makes it mandatory for companies to disclose source of funds via preferential shares
Posted Date : 12-Jul-2013 , 08:42:39 am | Posted By CASANSAAR
Market regulator Sebi has made it mandatory for companies to disclose the source of funds coming through preferential allotment of shares, a move aimed at discouraging the use of front entities by promoters to increase their stake. The directive seeks to plug the loophole in Seb...
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SEBI |
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ICSI Launching Certified Banking Compliance Professional Course
Posted Date : 11-Jul-2013 , 08:50:22 pm | Posted By CASANSAAR
The Institute of Company Secretaries of India (ICSI) is launching a ‘Certified Banking Compliance Professional Course’ in association with the Indian Institute of Banking and Finance (IIBF). The Course will be launched tomorrow afternoon at Mumbai by Dr. K. C. Chakrabarty , Deputy Govern...
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ICSI |
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Draft XBRL Taxonomies for Insurance Companies
Posted Date : 11-Jul-2013 , 08:50:07 pm | Posted By CASANSAAR
Tomorrow is the last date for sending the comments to the Institute of Chartered Accountants of India (ICAI) on the Draft Templates of Taxonomy for Life and Non-life Insurance Companies. The Comments may be sent by e-mail at xbrl@icai.in so as to be received not later than July 12, 2013. ICAI h...
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Corporate Law |
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Sebi to align private placement norms with Companies Bill
Posted Date : 11-Jul-2013 , 08:49:56 pm | Posted By CASANSAAR
The government has asked Securities and Exchange Board of India (Sebi) to set up a committee to look into compatibility of market watchdog's regulations for private placement of securities with the proposed measures in this regard in the new Companies Bill.The suggestion has been made by the Corpora...
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Corporate Law |
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0 | Hits : 721
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Income tax returns: Two important changes NRIs should note this year
Posted Date : 11-Jul-2013 , 08:46:16 pm | Posted By CASANSAAR
As always, July is the time for filing tax returns in India. As a Non Resident Indian, you would typically need to file a tax return in India if you have income that arises in India. This year, theincome tax department has made two important changes that you must be aware of. These changes...
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Income Tax |
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ED issues notices on FEMA violations of Rs 3805cr in 2G Case
Posted Date : 11-Jul-2013 , 08:24:17 am | Posted By CASANSAAR
The enforcement directorate (ED) on Wednesday issued show cause notices for alleged foreign exchange violations of Rs 3,805 crore to telecom firms and other entities as part of its investigation into the 2G spectrum allocation case.
The notices by the central probe agency have been issued a...
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Income Tax |
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0 | Hits : 689
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I-T captures transactions to nab tax evaders
Posted Date : 11-Jul-2013 , 08:16:46 am | Posted By CASANSAAR
Sixty-five-year old Prabha Mishra, who has never earned any income in life, was shocked to receive a letter from the income tax department recently. It said the Directorate of Intelligence & Criminal Investigation had information about term deposits she made last year but did n...
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Income Tax |
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MPs, MLAs will be disqualified from date of conviction: SC
Posted Date : 10-Jul-2013 , 08:53:38 pm | Posted By CASANSAAR
In a landmark judgement that could cleanse Parliament and Assemblies of criminals, the Supreme Court today struck down a provision in the electoral law that protects a convicted lawmaker from disqualification on the ground of pendency of appeal in higher courts.
"The o...
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General |
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Result of CPT & CA Final likely to be declared on 16th July 2013
Posted Date : 10-Jul-2013 , 04:22:40 pm | Posted By CASANSAAR
The result of the Chartered Accountants Final Examination held in May, 2013 and CommonProficiency Test (CPT) held in June, 2013 are likely to be declared on Tuesday, the 16th July, 2013around 2.00 P.M. and the same as well as the merit list (candidates securing a minimum of 55% andabove marks and up...
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Students Zone |
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Download Guidance Note on Tax Audit u/s 44AB of the Income-tax Act, 1961- Revised 2013 Edition
Posted Date : 09-Jul-2013 , 08:22:55 pm | Posted By CASANSAAR
Download Guidance Note on Tax Audit u/s 44AB of the Income-tax Act, 1961- Revised 2013 Edition issue by ICAI.
Click on the attached file.
or
CLICK HERE
Source : ICAI...
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Income Tax |
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