Result of the Assessment Test of the Certificate Course on International Taxation organised by the Committee on International Taxation of ICAI on Sunday 24th March, 2013
Posted Date : 10-May-2013 , 06:17:52 pm | Posted By CASANSAAR
Result of the Assessment Test of the Certificate Course on International Taxation organised by the Committee on International Taxation of ICAI on Sunday 24th March, 2013.
Ahmedabad
Baroda
Chennai
Ernakulam
Mumbai
New Delhi
Pune
Trivandrum
...
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ICAI |
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Delhi Metro launches online smart card recharge
Posted Date : 10-May-2013 , 11:44:56 am | Posted By CASANSAAR
Inside the Customer Care Centre at the Barakhamba Road station on Thursday, three Delhi Metro staffers stand watching the milieu outside the transparent cabin.
Delhi Metro Managing Director Mangu Singh presses a smartcard that was recharged online onto the newly installed ‘Card Rechar...
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General |
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Bansal
Posted Date : 10-May-2013 , 08:52:42 am | Posted By CASANSAAR
The role of railway minister Pawan Kumar Bansal, has come under fresh scrutiny as reports suggest that the minister’s family members and close aides received loans amounting to crores from the state owned Canara Bank.
Not just that, the bank had also appointed Sunil Kumar Gupta, Chart...
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Income Tax |
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Pay more service tax on house costing over Rs 1 crore
Posted Date : 10-May-2013 , 08:45:56 am | Posted By CASANSAAR
The finance ministry has tightened norms for application of lower rate of service tax on construction, dealing a blow to buyers purchasing houses above a certain size or value. The Central Board of Excise and Customs, the apex indirect taxes body, has issued new norms t...
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Service Tax |
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Fire in Mumbai Income Tax headquarters
Posted Date : 10-May-2013 , 08:25:40 am | Posted By CASANSAAR
A fire on the sixth floor of the Income Tax department's headquarters here on Thursday night gutted several important tax-related files inside the storeroom, sources said.
The I-T Commissioner and other officials rushed to the scene at around 11 pm, but did not disclose the files that were gu...
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Income Tax |
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Action against banks involved in wrong doings soon: RBI
Posted Date : 09-May-2013 , 04:50:15 pm | Posted By CASANSAAR
Reserve Bank of India (RBI) on Thursday said it has completed investigations against banks following the Cobrapost expose and will take action if they are found guilty of violating prudential banking norms.
"We have done investigations, we have prepared an internal report. There are processes to be...
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RBI |
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No Change in the Schedule of The Chartered Accountants Examinations - May 2013.
Posted Date : 09-May-2013 , 04:45:56 pm | Posted By CASANSAAR
May 07, 2013
NO CHANGE IN THE SCHEDULE OF THE CHARTERED ACCOUNTANTS EXAMINATIONS - MAY 2013.
Candidates in the examination centres in Patna appearing for Intermediate (Integrated Professional Competence) Examination may note that, owing to the rally called by some political party (...
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Students Zone |
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What is LBT and why are Mumbai traders on strike? All you need to know
Posted Date : 09-May-2013 , 02:34:23 pm | Posted By CASANSAAR
In Mumbai, banking activities remained paralysed and most businesses were shut, on the second day of an indefinite strike called by over 1.5 million traders and manufacturers to protest the Maharashtra’s government’s local body tax (LBT) in lieu of octroi.
Millions of...
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General |
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Spend for your children, get tax benefits
Posted Date : 09-May-2013 , 07:52:00 am | Posted By CASANSAAR
In today's world of ever increasing expenses, spending on your children results in a substantial outflow from your pocket. However, did you know that you can get tax benefits on many expenses and investments made in your child's name? This includes a wide variety of expense heads and investments. Mo...
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Income Tax |
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Levy cheque return fee only if customers at fault: RBI to banks
Posted Date : 09-May-2013 , 07:50:27 am | Posted By CASANSAAR
In order to ensure fair practices in banking services, the Reserve Bank has asked banks to levy cheque return charges only if the customers are at fault.
RBI said those cheques required to be re-presented without any recourse to the payee should be made in the immediate next presentation clearing n...
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RBI |
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Tax treaties not to provide I-T return leeway anymore
Posted Date : 09-May-2013 , 07:48:05 am | Posted By CASANSAAR
Those availing of treaty benefits would now have to file returns of their incomes in India, even if those aren’t liable to be taxed here. The government has changed the Income Tax Rules, making it mandatory for certain classes of assessees, including those covered under bilateral tax treaties,...
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Income Tax |
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Responsibility to check money laundering rests with government: RBI
Posted Date : 08-May-2013 , 11:03:48 pm | Posted By CASANSAAR
Amid allegations of money laundering against banks and insurance companies by an online portal, Reserve Bank of India governor D Subbarao today said it was the responsibility of the government and tax authorities to check such activities.
"RBI is not directly involved... even banks are not directly...
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RBI |
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One Nation, One Profession, One Convocation
Posted Date : 08-May-2013 , 07:25:48 am | Posted By CASANSAAR
CASANSAAR Team has received a lot of request and representation on the ongoing drama on the Convocation being organised by the ICAI through its various Regional Councils.
It not hidden fact that younger member of the ICAI are not happy with the mother body of the profession. Again the half...
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ICAI |
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Target pressure on employees can lead to fraudulent practices: survey
Posted Date : 08-May-2013 , 06:44:45 am | Posted By CASANSAAR
Pressure on employees to deliver on growth targets amid uncertain economic conditions can lead to fraudulent practices such as bribery and corruption, according to Ernst and Young’s 2013 Fraud Survey covering Europe, the Middle East, India and Africa.
Unethical conduct including ...
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General |
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National Stock Exchange gets Sebi nod for debt trading segment
Posted Date : 08-May-2013 , 06:35:54 am | Posted By CASANSAAR
The National Stock Exchange (NSE) said on Tuesday that it has received an approval from market regulator Securities and Exchange Board of India (Sebi) to set up a separate debt trading platform.
The platform would bring much more transparency and credibility to the way debt securities are traded an...
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SEBI |
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Public Sector Banks take Action against Various Officers/Employees for Violation of Banking Norms and Regulations
Posted Date : 07-May-2013 , 07:30:18 pm | Posted By CASANSAAR
In connection with Cobrapost, Red Spider 2 Expose which was released yesterday, Shri Rajiv Takru, Secretary, Department of Financial Services (DFS), Ministry of Finance had asked the Chairman cum Managing Directors (CMDs) of various Public Sector Banks (PSBs) and Life Insurance Corporation (LIC) of ...
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Banking |
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Government Approves 17 Proposals of Foreign Direct Investment Amounting to about Rs.262.5594 Crore
Posted Date : 07-May-2013 , 07:28:31 pm | Posted By CASANSAAR
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on March 13, 2013, the Central Government has approved Seventeen (17) proposals of Foreign Direct Investment amounting to ...
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International Business |
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RBI to issue clarifications on bank licences soon
Posted Date : 07-May-2013 , 05:48:04 pm | Posted By CASANSAAR
The Reserve Bank of India (RBI) will shortly come out with its clarifications on issuing licences for more private sector banks, the Finance Ministry said on Tuesday.
The RBI has received queries from different individuals and entities on various aspects of ‘Guidelines for Licensing o...
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RBI |
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Restriction on pursuing additional course during Articled Training/ Breach of CA Regulation 65 - Serious view taken by the ICAI
Posted Date : 07-May-2013 , 03:46:05 pm | Posted By CASANSAAR
For attention of Members and StudentsRestriction on pursuing additional course during Articled Training/ Breach of CA Regulation 65 - Serious view taken by the Institute
As you are aware, the Council of the Institute, under Regulation 65 of the Chartered Accountants Regulations, 1...
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ICAI |
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Watch online Live Streaming of IPL Cricekt Matches
Posted Date : 07-May-2013 , 03:45:10 pm | Posted By CASANSAAR
Many people who are pre-occupied with work commitments and cannot devote time to watch the match on TV. Now Watch Live Cricket Matches online while doing your work on Net.
The live streaming of cricket matches is rapidly becoming a new rage in the online media and is catching up with lot of cricket...
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General |
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BSE brokers plan to launch apps that allow trading through Facebook accounts
Posted Date : 07-May-2013 , 08:54:38 am | Posted By CASANSAAR
Keen to woo a new class of young retail investors, a dozen brokers are gearing up to launch Facebook apps that will allow clients to execute stock trades on the BSE platform from the familiar comfort of their Facebook accounts. Kerala-based retail brokerage Geojit BNP P...
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Shares & Stock |
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Sebi mulls steps to check manipulation through BBM, WhatsApp
Posted Date : 07-May-2013 , 08:46:46 am | Posted By CASANSAAR
The Securities and Exchange Board of India ( Sebi) is concerned over sensitive information that could be used to rig stock markets being passed on over smartphones through encrypted services such as BlackBerry Messenger ( BBM), WhatsApp and Viber.Sebi's investigations into a number of insi...
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SEBI |
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Government Asks CMDS of Public Sector Banks and LIC to Initiate Immediate Action Against those Exposed by Cobrapost
Posted Date : 07-May-2013 , 08:14:59 am | Posted By CASANSAAR
In connection with Cobrapost, Red Spider 2 Expose that was released today morning, the Secretary, Department of Financial Services Shri Rajiv Takru has asked the Chairman cum Managing Directors (CMDs) of various Public Sector Banks (PSBs) Including Allahabad Bank. Andhra Bank, Bank of Baroda, Bank o...
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Finance |
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Students can no longer study commerce and CA together
Posted Date : 06-May-2013 , 08:48:16 am | Posted By CASANSAAR
With the four-year degree course, students can no longer study chartered accountancy and a baccalaureate of commerce together. This will come as a setback to those students who were planning to pursue both these qualifications simultaneously.
Says Karan Aggarwal, a charte...
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Students Zone |
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As 1 lakh tax notices get 1.3 lakh returns, a new strategy is born
Posted Date : 06-May-2013 , 08:38:06 am | Posted By CASANSAAR
Last year, the taxman sent out 1 lakh tax notices to a list of 12 lakh persons identified as not filing their annual returns even though their expenditure patterns suggested the need to pay taxes. Based on data collected from a variety of sources — annual information returns or AIR in tax jarg...
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Income Tax |
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I-T department detects unaccounted assets worth over Rs 1,400 crore
Posted Date : 06-May-2013 , 08:36:52 am | Posted By CASANSAAR
Stepping up its effort to unearth black money, the finance ministry has detected unaccounted income and assets worth over Rs 1,400 crore during the first three months of this year.
The detection came to light after Financial Intelligence Unit (FIU), an agency tasked with analysing a...
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Income Tax |
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Tax Audit, Transfer pricing Audit & S.115JB Report to be filed online from A.Y. 2013-14
Posted Date : 06-May-2013 , 07:53:27 am | Posted By CASANSAAR
CBDT has vide Notification No.NOTIFICATION NO. 34/2013, DATED 1-5-2013 provided that where an assessee is required to furnish a report of audit under sections 44AB, 92E or 115JB of the Act, he shall furnish the same electronically. Online filing of following audit reports shall ...
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Income Tax |
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Mandatory e-filing of Income Tax Return AY 2013-14 for Whom?
Posted Date : 06-May-2013 , 07:51:42 am | Posted By CASANSAAR
Mandatory e-filing of return if income exceeds Rs. 5,00,000 or assessee claims relief U/s. 90, 90A or 91
CBDT has vide notification No. 34/2013 dated 01.05.2013 has made it mandatory for the following category of the Assesses to file their Income Tax Return Online from...
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Income Tax |
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Companies expand background check on jobseekers
Posted Date : 05-May-2013 , 05:20:55 pm | Posted By CASANSAAR
Amid growing risks of staff-driven security threats and corporate frauds, companies have begun conducting regulatory, compliance and criminal record checks of people seeking jobs with them and are also scanning the social media platforms for due diligence, say experts.
Apart from the practi...
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General |
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PSU banks stop hiring from B-Schools/CAMPUS after court order
Posted Date : 05-May-2013 , 08:32:19 am | Posted By CASANSAAR
Public sector banks are now planning to appeal in the Supreme Court against the restriction imposed on hiring from business schools. A recent ruling by the Bombay High Court had said restrained campus recruitment for appointment of officers by Central Bank of India.
M V Tanksale, chairman and manag...
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ICAI |
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