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Pass Percentage & List of Toppers in CA Final Nov 2012 & CPT (Paper Pencil Mode)
Posted Date : 22-Jan-2013 , 08:49:25 am | Posted By CASANSAAR

CA FINAL The Institute of Chartered Accountants of India (ICAI) announced the  results of Chartered Accountants Final Examination held in Nov, 2012 on 21.01.2013.   The top three rank holders on all India basis of Chartered Accountants FinalExamination...

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Category : Students Zone | Comments : 0 | Hits : 7877

Procedure for providing inspection/certified copies of evaluated answer-books to CA students
Posted Date : 21-Jan-2013 , 06:00:32 pm | Posted By CASANSAAR

  Procedure for providing inspection/certified copies of evaluated answer-books to the concerned examinees A. General: 1. The procedure laid down hereinafter specifically applies to providing inspection and /or certified copies of answer books relating to November 2011 examina...

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Category : Students Zone | Comments : 0 | Hits : 2052

Government raises import duty on gold to 6%
Posted Date : 21-Jan-2013 , 05:30:34 pm | Posted By CASANSAAR

The government has hiked the import duty on gold from 4 per cent to 6 per cent with immediate effect. The decision is aimed to rein in spending on gold by around a third to $38 billion in the fiscal year that ends in March. "... given the country's worrying current account deficit, we may be left w...

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Category : Custom | Comments : 0 | Hits : 1007

I-T Department Shifts From Mayur Bhawan To Civic Centre
Posted Date : 21-Jan-2013 , 02:08:52 pm | Posted By CASANSAAR

Taxpayers in the national capital will from now on have to go to Civic Centre instead of Mayur Bhawan for filing returns and other services. The Mayur Bhawan I-T building at Barakhamba road used to serve the salaried, non-corporate and exemptions taxpayers residing in and around Delhi. The office i...

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Category : Income Tax | Comments : 0 | Hits : 1215

Result of the Chartered Accountants Final Examination held in November, 2012 and Common Proficiency Test (CPT) held in December, 2012 are likely to be declared on Monday, the 21st January, 2013
Posted Date : 21-Jan-2013 , 09:03:30 am | Posted By CASANSAAR

The result of the Chartered Accountants Final Examination held in November, 2012 and CommonProficiency Test (CPT) held in December, 2012 are likely to be declared on Monday, the 21st January,2013 around 2.00 P.M. and the same as well as the merit list (candidates securing a minimum of 55%and ab...

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Category : Students Zone | Comments : 0 | Hits : 1735

Result of the Information Systems Audit [ISA] Assessment Test held on 22nd December, 2012 is likely to be declared tentatively on 21st January, 2013
Posted Date : 21-Jan-2013 , 09:03:05 am | Posted By CASANSAAR

IMPORTANT ANNOUNCEMENT 11th January, 2013    The result of the Information Systems Audit [ISA] Assessment Test held on 22nd December, 2012 is likely to be declared tentatively on 21st January, 2013 around 2.00 PM at the Institute’s office at New Delhi.The result of the above Assess...

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Category : ICAI | Comments : 0 | Hits : 903

Google moves AAR to settle tax row, I-T department imposed a Rs 76-cr penalty on company
Posted Date : 21-Jan-2013 , 08:59:27 am | Posted By CASANSAAR

Google, mired in tax controversies in different jurisdictions, wants a quick decision on its dispute with Indian tax authorities. Google Ireland has moved theAuthority for Advance Rulings (AAR) to determine the tax liability here.   According to the Indian tax department, Googl...

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Category : Income Tax | Comments : 0 | Hits : 882

Robbers clean out 40 lockers at Jalandhar bank
Posted Date : 21-Jan-2013 , 08:50:06 am | Posted By CASANSAAR

Jewellery and cash were stolen from 40 lockers in a daring break-in at the Punjab and Sind Bank branch on Pathankot road. Robbers broke into the strongroom by cutting through the thick iron gate with a gas cutter and opened the lockers the same way. Notes of 1,000rupee denominati...

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Category : Banking | Comments : 0 | Hits : 911

Banking system shows signs of instability on rising NPAs: RBI
Posted Date : 20-Jan-2013 , 01:42:24 pm | Posted By CASANSAAR

The banking system has recently shown signs of moderate rise in instability due to increase in non-performing assets (NPAs), the Reserve Bank has said in a working paper. "The movements in the banking stability indicator...that there are symptoms of a moderate rise in instability of the banking sec...

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Category : RBI | Comments : 0 | Hits : 831

Rahul Gandhi appointed Congress
Posted Date : 19-Jan-2013 , 10:25:28 pm | Posted By CASANSAAR

In a much awaited decision, the Congress party on Saturday appointed the 42-year-oldRahul Gandhi as its vice president.    The Congress Working Committee (CWC), meeting here on the sidelines of the party’s two-day ‘Chintan Shivir’, passed a resolutio...

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Category : General | Comments : 0 | Hits : 731

New President & Vice-President of ICSI for the Year 2013
Posted Date : 19-Jan-2013 , 08:04:43 pm | Posted By CASANSAAR

President of ICSI for 2013.    Vice-President of ICSI for 2013 CS.S N Ananthasubramanian     CS.Harish Kumar Vaid   CS S. N. Ananthasubramanian has been elected as the PRESIDENT of the Council of the  Institute...

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Category : ICSI | Comments : 0 | Hits : 1005

GET free of cost 10 unstructured CPE hours on a Self declaration
Posted Date : 19-Jan-2013 , 11:35:41 am | Posted By CASANSAAR

You can get 10 CPE hours after sending a self declaration on prescribed format on the following address:-   To, The Secretary (CPE Committee) The Institute of Chartered Accountants of India, ICAI Bhawan, Indraprastha Marg New Delhi - 110 002 Last date of sending Self Declaration is 31st. Ma...

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Category : ICAI | Comments : 1 | Hits : 7170

Personal appearance for FEMA related cases optional: RBI
Posted Date : 19-Jan-2013 , 09:01:56 am | Posted By CASANSAAR

The Reserve Bank Friday said personal appearance before the compounding authority in FEMA cases is not mandatory and has no bearing on the penalty imposed. "... Appearing for a personal hearing before the compounding authority is optional and the applicant can choose not to appear for it," RBI said...

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Category : RBI | Comments : 0 | Hits : 807

Sebi relaxes margin requirement under OFS
Posted Date : 18-Jan-2013 , 08:04:59 pm | Posted By CASANSAAR

Capital market regulator Securities and Exchange Board of India (Sebi) today made further relaxation to the offer for sale (OFS) route by giving an option to institutional investors to bid without 100 upfront payments.   Along with the complete upfront margin, institutions will now be able to...

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Category : SEBI | Comments : 0 | Hits : 727

Sensex closes above 20,000, hits fresh 2-year high
Posted Date : 18-Jan-2013 , 04:33:01 pm | Posted By CASANSAAR

Indian shares ended at fresh two-year high with 30-share index, Sensex notching key  20,000 resistance levels on Friday  led by overseas inflows into the riskier assets.   Risk appetite surged after government partially deregulated diesel prices yesterday followed by upbeat economic...

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Category : Shares & Stock | Comments : 0 | Hits : 643

ICAI to start one year ASAP course to prepare trained skilled manpower for tax filings
Posted Date : 18-Jan-2013 , 02:30:50 pm | Posted By CASANSAAR

Institute of Cost Accountants of India(ICAI) will start a short term one year course to prepare trained skilled persons for online tax filings for income tax, service tax and other taxes. It will start offering the course in Kerala next month and eventually inHimachal Pradesh, Uttar P...

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Category : ICWAI | Comments : 0 | Hits : 1572

Sebi directs cos to comply with ESOP norms by June
Posted Date : 18-Jan-2013 , 08:24:07 am | Posted By CASANSAAR

Sebi on Thursday asked listed companies to comply with new norms that bar employee welfare schemes and trusts from purchasing the shares of their own firms from the secondary market, by June 30.   The move is aimed at preventing possible manipulation in trading of shares by companies. In Augu...

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Category : SEBI | Comments : 0 | Hits : 722

Tax evasion of over Rs 2,600 crore detected
Posted Date : 18-Jan-2013 , 08:21:53 am | Posted By CASANSAAR

Revenue and excise intelligence officials have detected Rs 2,600-crore tax and duty evasion in the quarter to December. Data released by the Directorate General of Central Excise Intelligence (DGCEI) and the Directorate General of Revenue Intelligence (DRI), agencies under the finance ministry's rev...

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Category : Income Tax | Comments : 0 | Hits : 976

Diesel price hiked by 45 paise; petrol price cut by 25 paise
Posted Date : 18-Jan-2013 , 08:19:25 am | Posted By CASANSAAR

Barely hours after the government permitted oil marketing companies to set diesel prices, the retailers increased the price of the fuel. Oil companies hiked the price of diesel by 45 paise excluding taxes effective today, Indian Oil said in an official statement. The good news -- pet...

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Category : General | Comments : 0 | Hits : 713

Software firms will continue to get benefits under I-T Act, assures tax body
Posted Date : 17-Jan-2013 , 08:16:36 pm | Posted By CASANSAAR

Seeking to remove apprehensions of the software industry, Finance Ministry today clarified that domestic and overseas software developers would continue to get tax benefits under the Income Tax Act. The clarifications, which come ahead of Finance Minister P Chidambaram's visit to Hong Kon...

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Category : Income Tax | Comments : 0 | Hits : 804

Clarification Regarding issues Relating to Export of Computer Software- Direct TAX Incentives
Posted Date : 17-Jan-2013 , 08:13:12 pm | Posted By CASANSAAR

ollowing is the text of the Statement made by the Chairperson, CBDT to the media here today:                                  &nbs...

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Category : Income Tax | Comments : 0 | Hits : 695

Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified
Posted Date : 17-Jan-2013 , 08:12:27 pm | Posted By CASANSAAR

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.1/2013-CUSTOMS (N.T.), dated the 3rd January, 2013 vide number S.O.37(E), ...

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Category : Custom | Comments : 0 | Hits : 884

Sebi wants compulsory audit of key overseas subsidiaries of listed companies
Posted Date : 17-Jan-2013 , 09:11:21 am | Posted By CASANSAAR

The Securities and Exchange Board of India (Sebi) may ask for a compulsory audit of the accounts of important overseas subsidiaries of Indian companies as fears of inflated profits and unreliable accounts grow in the wake of recent corporate scandals. The capital markets regulator may...

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Category : Auditing | Comments : 0 | Hits : 901

Budget will outline amendments to Constitution on GST: FM
Posted Date : 16-Jan-2013 , 07:10:43 pm | Posted By CASANSAAR

Finance Minister P Chidambaram today said he would outline amendments to the Constitution on the Goods and Services Tax (GST) in his Budget speech if there is consensus among states on the issue.   At his pre-Budget consultations with Finance Ministers of states , he is understood t...

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Category : Income Tax | Comments : 0 | Hits : 794

Former Haryana CM Chautala, his son, 53 others convicted in teachers' recruitment scam
Posted Date : 16-Jan-2013 , 02:18:42 pm | Posted By CASANSAAR

Former Haryana chief minister Om Prakash Chautala, his MLA son Ajay and 53 others were convicted on Wednesday by a court in New Delhi for the illegal recruitment of over 3000 junior basic trained (JBT) teachers in the state during his tenure. After the court pronounced its judgement, ...

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Category : General | Comments : 0 | Hits : 911

FM holding pre-budget consultations with state Fin Mins; GST to figure prominently at meet
Posted Date : 16-Jan-2013 , 02:07:47 pm | Posted By CASANSAAR

Finance Minister P Chidambaram is holding pre-Budget consultations with State Finance Ministers today.The issue of proposed Goods and Services Tax is likely to figure prominently in the meeting as the Centre is keen on early implementation of the tax regime.   He will also meet representative...

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Category : Income Tax | Comments : 0 | Hits : 679

Petrol price hiked by 35 paise
Posted Date : 16-Jan-2013 , 10:26:37 am | Posted By CASANSAAR

Petrol price was hiked Tuesday night by about 35 paise per litre in line with firming raw material cost. Petrol will cost Rs 67.56 per litre in Delhi with effect from midnight, industry sources said. Prices vary from city to city due to differential local sales tax or VAT rates. This is ...

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Category : General | Comments : 1 | Hits : 764

Tax evasion case: I-T dept summons Nokia auditors PWC
Posted Date : 16-Jan-2013 , 09:51:39 am | Posted By CASANSAAR

The income tax department has summoned senior officials of Nokia India Limitedand auditors from the multinational audit firmPrice Waterhouse and Company (PW&Co) to the Chennai I-T office later this week for clarifications in the aftermath of financial records seized in a raid...

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Category : Income Tax | Comments : 0 | Hits : 1462

FinMin finalises norms for new bank licenses, sends to RBI
Posted Date : 16-Jan-2013 , 09:42:12 am | Posted By CASANSAAR

The finance ministry has finalised norms for new bank licenses and has sent its comments to the Reserve Bank of India (RBI). Sources say the finance ministry has asked the RBI to delete the clause prohibiting realty and stock broking firm promoters from applying for bank licence. The ministry s...

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Category : Banking | Comments : 0 | Hits : 854

Tax-free bonds from Indian Railway Finance Corporation Ltd (IRFC)
Posted Date : 16-Jan-2013 , 09:36:25 am | Posted By CASANSAAR

Indian Railway Finance Corporation Ltd (IRFC) is launching a tax-free bond issue to raise Rs.8,886 crore to augment resources for buying rolling stock for the Indian railways.   As per Central Board of Direct Taxes (CBDT) notification, IRFC has been authorised to issue bonds up to Rs.10,000 c...

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Category : Income Tax | Comments : 0 | Hits : 1420

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