Login  |  Register  |  Forgot Password 
Below Login Ad

News

Govt weighs introducing Deemed Admission under IBC
Posted Date : 18-Jan-2019 , 08:11:49 am | Posted By CASANSAAR

The government is considering introducing the procedure of “deemed admission” of companies under the Insolvency and Bankruptcy Code (IBC) for faster resolution of debt-laden companies. In certain cases where the financial creditors have approached the National Company Law Tribunal (NC...

Continue Reading...

Category : Insolvent Professional | Comments : 0 | Hits : 206

Income Tax return processing time to reduce from 63 days to just 1 day
Posted Date : 17-Jan-2019 , 09:39:04 am | Posted By CASANSAAR

The Union Cabinet on Wednesday approved an integrated income-tax e-filing and centralised processing centre (CPC) portal, which will reduce the return processing time from 63 days to just one day. The new portal is also expected to process the refunds within one day of filing of tax returns, in huge...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 829

Companies can raise $750 mn yearly via external commercial borrowings - RBI
Posted Date : 17-Jan-2019 , 09:37:09 am | Posted By CASANSAAR

The Reserve Bank of India (RBI) on Wednesday allowed entities that are eligible to receive foreign direct investment (FDI) to raise external commercial borrowings (ECBs), by enabling them to raise funds through automatic route up to $750 million per year. The ECBs raised would be within the overa...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 93

Govt eases norms for start-ups seeking exemptions from Angel Tax
Posted Date : 17-Jan-2019 , 09:35:45 am | Posted By CASANSAAR

Facing sustained pressure from start-ups and venture capital funds over the so-called angel tax, the government has relaxed norms for seeking exemptions from the controversial levy. The government, via a notification issued on Wednesday, scrapped the existing mechanism to approve start-ups applying ...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 152

SEBI issues norms for mutual funds investments in derivatives
Posted Date : 17-Jan-2019 , 09:34:19 am | Posted By CASANSAAR

Markets regulator Sebi has decided to allow mutual funds to write call options subject to certain conditions. Generally, call options refer to an agreement that gives a buyer the right to purchase an asset at a specified price within a particular time period. Currently, mutual fund schemes are pe...

Continue Reading...

Category : SEBI | Comments : 0 | Hits : 119

RBI slaps Rs 1 crore Penalty on Bank of Maharashtra
Posted Date : 17-Jan-2019 , 09:32:53 am | Posted By CASANSAAR

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on Bank of Maharashtra for deficiencies in regulatory compliance. According to the RBI, the fine was imposed by an order dated January 4, 2019 "for non-compliance with `Master Directions on Frauds-Classification and...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 265

Govt forms GST Panel to study uniform tax rate on lottery
Posted Date : 17-Jan-2019 , 09:26:22 am | Posted By CASANSAAR

A GST ministerial panel will suggest whether a uniform tax rate should be imposed on lotteries or the current differential tax rate system be continued, the Finance Ministry said Wednesday.  Currently, a state-organised lottery attracts 12 per cent GST while a state-authorised lottery attrac...

Continue Reading...

Category : GST | Comments : 0 | Hits : 103

ICAI clarifies rumours on postponement of May 2019 CA Examinations
Posted Date : 17-Jan-2019 , 09:07:01 am | Posted By CASANSAAR

16th January, 2019 IMPORTANT ANNOUNCEMENT REG: May 2019 CA Examinations It has been brought to our notice that the probable date of commencement of May 2019 CA examinations and the time table there on are doing the rounds in the social media. It is hereby clarified that the timetable i...

Continue Reading...

Category : ICAI | Comments : 0 | Hits : 756

Cabinet gives nod to integrated e-filing project for faster ITR processing
Posted Date : 16-Jan-2019 , 09:56:48 pm | Posted By CASANSAAR

The Union Cabinet today approved expenditure sanction of over 4200  crore rupees for Integrated E-filing and Centralized Processing Centre 2.0 Project.  Union Minister Piyush Goyal said, it will help in improving tax payers' awareness and education through continuous engagement.&nbs...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 129

SC reserves judgment on plea challenging validity of IBC
Posted Date : 16-Jan-2019 , 09:15:48 am | Posted By CASANSAAR

The Supreme Court on Tuesday reserved its judgment in petitions moved by opera­tional creditors challenging the validity of Insolvency and Bankruptcy Code (IBC).  A two-judge Bench of Justice Rohinton Fali Nariman and Justice Navin Sinha was hearing the petitions moved by several operati...

Continue Reading...

Category : Insolvent Professional | Comments : 0 | Hits : 192

Income Tax exemption limit may go up in interim Budget
Posted Date : 16-Jan-2019 , 09:12:34 am | Posted By CASANSAAR

With middle-class apathy on the rise, Finance Minister Arun Jaitley may double the income tax exemption threshold for the salaried from the present Rs 2.5 lakhs to Rs 5 lakhs while also reinstating tax-free status for medical expenses and transport allowance, providing some relief to the section alr...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 1099

Govt forms GoM for GST issues in Real estate
Posted Date : 16-Jan-2019 , 09:05:42 am | Posted By CASANSAAR

Government has constituted a seven-member Group of Ministers (GoM) to boost the real estate sector under the GST regime. Deputy Chief Minister of Gujarat Nitin Patel will be the convener of the GoM. Finance Ministers of Maharashtra, Karnataka, Kerala, Punjab and Uttar Pradesh and the Panchayat Mi...

Continue Reading...

Category : GST | Comments : 0 | Hits : 197

RBI slaps Rs 1 Crore Penalty on Bajaj Finance
Posted Date : 15-Jan-2019 , 10:51:30 am | Posted By CASANSAAR

The Reserve Bank of India has imposed a penalty of Rs 1 crore on Bajaj Finance for deficiencies in regulatory compliance.  According to RBI, the penalty has been imposed, by an order on January 3, for violation of 'fair Practices Code of Master Direction DNBR'.  "This ac...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 686

Metropolitan Stock Exchange invites application for MD, CEO post
Posted Date : 15-Jan-2019 , 10:37:51 am | Posted By CASANSAAR

The Metropolitan Stock Exchange (MSE) has invited applications for the post of managing director and chief executive officer for a maximum term of five years, according to a public notice issued Monday. The candidate must be a qualified CA/MBA or equivalent with at least 15 years of relevant expe...

Continue Reading...

Category : General | Comments : 0 | Hits : 193

Companies may soon be able to rectify GST returns for Non-IT errors
Posted Date : 14-Jan-2019 , 07:33:23 am | Posted By CASANSAAR

Indian businesses may soon be able to amend goods and services tax (GST) return mandated for carrying forward tax credit from the previous regime for non-IT related errors as well. The GST Council has directed a committee for IT grievance redressal to quickly draw up a solution that will give relief...

Continue Reading...

Category : GST | Comments : 0 | Hits : 737

Govt re-promulgates ordinance to amend Companies Law
Posted Date : 14-Jan-2019 , 07:23:33 am | Posted By CASANSAAR

The government has re-promulgated an ordinance to amend the companies law to further improve the ease of doing business as well as ensure better compliance levels. Since the Bill to make amendments to the Companies Act, 2013, is pending in the Rajya Sabha, the ordinance has been re-promulgated. T...

Continue Reading...

Category : Companies Act | Comments : 0 | Hits : 307

Creditor Can Proceed Against Guarantor Even Without Proceeding Against Borrower - NCLAT
Posted Date : 14-Jan-2019 , 07:13:41 am | Posted By CASANSAAR

The National Company Law Appellate Tribunal has held that financial creditor can proceed against corporate guarantor even before proceeding against corporate debtor. It was held : We hold that it is not necessary to initiate 'Corporate Insolvency Resolution Process' against the 'Pr...

Continue Reading...

Category : Insolvent Professional | Comments : 0 | Hits : 430

IDFC Bank re-named IDFC First Bank
Posted Date : 13-Jan-2019 , 03:18:45 pm | Posted By CASANSAAR

Private sector lender IDFC Bank said its name has been changed to IDFC First Bank Ltd with effect from Saturday. “...the name of the Bank has been changed from IDFC Bank Ltd to ‘IDFC First Bank Limited’ with effect from January 12, 2019 by virtue of ‘Certificate of Incorporat...

Continue Reading...

Category : Banking | Comments : 0 | Hits : 246

FinMin considers steps to prevent composition dealers from charging GST from buyers
Posted Date : 13-Jan-2019 , 03:12:59 pm | Posted By CASANSAAR

In a consumer-friendly measure, the revenue department is planning to make it mandatory for composition dealers and service providers to declare their GST registration status in invoices to ensure that they do not charge any tax from buyers. The measure, once implemented, would check the widespre...

Continue Reading...

Category : GST | Comments : 0 | Hits : 280

Sebi fines 2 entities for fraudulent trade in stock options
Posted Date : 12-Jan-2019 , 07:17:40 am | Posted By CASANSAAR

Markets regulator Sebi Friday slapped a fine totalling Rs 20 lakh on two entities for executing fraudulent trades, which created artificial volume in the illiquid stock option segment on the BSE. The regulator conducted a probe between April 2014 and September 2015 into the trading activities of ...

Continue Reading...

Category : SEBI | Comments : 0 | Hits : 241

Ashok Chawla resigns as chairman of NSE
Posted Date : 12-Jan-2019 , 09:18:11 am | Posted By CASANSAAR

Ashok Chawla resigned as the chairman of the National Stock Exchange(NSE) in light of the recent legal developments, the bourse said in a release on Friday evening.  The Central Bureau of Investigation(CBI) on Friday informed a special CBI court that it has got sanction from the government t...

Continue Reading...

Category : Shares & Stock | Comments : 0 | Hits : 285

CA Final & CPT Exams Nov/Dec 2018 Result to be Declared on 23rd Jan 2019
Posted Date : 12-Jan-2019 , 09:10:01 am | Posted By CASANSAAR

Results of the Chartered Accountants Final Examination (Old course & New Course), Foundation Examination and Common Proficiency Test (CPT) held in November/December, 2018 are likely to be declared on Wednesday, the 23rd January 2019 around 6.00 P.M - ICAI ...

Continue Reading...

Category : CA Exams | Comments : 0 | Hits : 312

RBI slaps Rs 3 crore penalty on Citibank India
Posted Date : 12-Jan-2019 , 08:59:47 am | Posted By CASANSAAR

The Reserve Bank of India (RBI) has imposed a penalty of Rs 3 crore on Citibank India for not complying with directions regarding the 'fit-and-proper criteria' for directors of the bank.  The RBI in a statement, however, added that the action is based on deficiencies in regulatory co...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 259

CPE hours requirements date for the Year 2018 extended to 31st Jan 2019
Posted Date : 12-Jan-2019 , 08:49:36 am | Posted By CASANSAAR

FOR INFORMATION OF THE MEMBERS Subject: Extension of last date “for complying with the CPE hours requirements for the Calendar Year 2018” - till 31st January, 2019 This is for kind information of the members that the last date for complying with the CPE Hours requirement for the ...

Continue Reading...

Category : CPE Hours | Comments : 0 | Hits : 321

Govt plans insurance scheme for GST-registered small traders
Posted Date : 12-Jan-2019 , 08:47:10 am | Posted By CASANSAAR

Ahead of the general elections, the government is considering an insurance scheme for lakhs of GST-registered small and medium scale traders with a view to address certain concerns of this segment. According to sources, the scheme may provide accidental insurance cover on the lines of Pradhan Man...

Continue Reading...

Category : GST | Comments : 0 | Hits : 264

SEBI brings cybersecurity framework for mutual funds and AMCs
Posted Date : 11-Jan-2019 , 09:53:25 am | Posted By CASANSAAR

Markets regulator SEBI on Thursday put in place a robust and strict cybersecurity framework for mutual funds and asset management companies (AMCs) to guard against breaches of data leak. The new norms would be effective from April 1, 2019, Securities and Exchange Board of India (SEBI) said in a c...

Continue Reading...

Category : SEBI | Comments : 0 | Hits : 220

Recommendations made by the GST Council in its 32nd Meeting
Posted Date : 10-Jan-2019 , 08:37:34 pm | Posted By CASANSAAR

The GST Council in its 32nd Meeting held today under the Chairmanship of the Union Minister of Finance & Corporate Affairs, Shri Arun Jaitley in New Delhi gave approval for  the following:          i.  Changes made by CGST (Amendment) Act,2018, IGST (Amendme...

Continue Reading...

Category : GST | Comments : 0 | Hits : 346

Major Decisions taken by the GST Council in its 32nd Meeting
Posted Date : 10-Jan-2019 , 08:35:43 pm | Posted By CASANSAAR

The GST Council in its 32nd Meeting held today under the Chairmanship of the Union Minister of Finance & Corporate Affairs, Shri Arun Jaitley in New Delhi took the following major decisions to give relief to MSME (including Small Traders) among others - 1.   Increase in Turnover Lim...

Continue Reading...

Category : GST | Comments : 0 | Hits : 331

GST exemption limit for SMEs Doubled
Posted Date : 10-Jan-2019 , 03:45:52 pm | Posted By CASANSAAR

The GST Council on Thursday doubled the Goods and Services Tax (GST) exemption limit for small and medium enterprises (SMEs) from April 2019, according to sources. Besides, companies with up to Rs 4 million turnover in a year will be exempted from GST payment. Relief for the real estate sector is al...

Continue Reading...

Category : GST | Comments : 0 | Hits : 429

GST composition scheme limit hiked to Rs 1.5 crore from April 1
Posted Date : 10-Jan-2019 , 03:27:41 pm | Posted By CASANSAAR

The 32nd Goods and Services Tax (GST) Council meeting concluded today with a list of decisions made that would impact medium and small-scale industries. Here's what was decided:  1) From April 1, composition scheme limit will be increased from Rs 1 crore to Rs 1.5 crore. Those who come u...

Continue Reading...

Category : GST | Comments : 0 | Hits : 515

News By Categories

More Categories

Search News

 
 
 

www.casansaar.com
...keeps you updated

Home

  |  News

  |  Articles

  |  Discussion

  |  CA Firms

 |  Members

 |  CA Community

 |  Jobs

 |  GST Calculator

 |  Empanelment

 |  Files

 |  Matrimonial

 |  Students zone

 |  Queries

 |  Classified Ads

 |  Events

 |  About us

 |   Top Members

 |  Coaching Centres

  | Testimonials

 | Judiciary

 | Notifications/Circulars

 | Book

 | eDirectory

 | Interview

 | Website

 | Emails

 | Software

 |  Score Board

 |   Press Release  

 |   Blood Bank  

  |   Opinion Poll  

  |   Feedback
 |   Advertise us

 |   Terms & Conditions

 |   Contact us
 |   Blog

  |   Sitemap

  |   Income Tax

  |   Auditing

  |   Bank

  |   Bank branch audit

  |   Banking

  |   Black Money

  |   CA

  |   CA Announcement

  |   TDS

  |   Students Zone

  |   Custom

  |   VAT

  |   Service Tax

  |   Corporate Law

  |   General

  |   Excise

  |   SEBI

  |   Finance

  |   GST

  |   ICAI

  |   FEMA

  |   ICWAI

  |   ICSI

  |   DGFT

  |   RBI

  |   IFRS

  |   CAG

  |   Budget

  |   Merger & Acquisitions

  |   International Business

  |   Shares & Stock

  |   Excel Tips

  |   International Taxation

  |   ITR

  |   Chartered Accountant

  |   Tax Audit

  |   Companies Act

  |   Money Laundering

  |   MCA

  |   Income Tax Refund

  |   NPA

  |   Income tax software

  |   CST

  |   CA Exams

  |   CA Results

  |   CBDT

  |   Accounting Standards

  |   DIN

  |   Judical Announcement

  |   MDP

  |   PAN

  |   Whats App

  |   Secretarial Standards

  |   NGO

  |   CA Convocation

  |   Finance Bill

  |   ICAI Notification

  |   CARO

  |   COMPANIES SECRETARY

  |   Accounts

Follow Us : Twitter Icon Facebook Icon Orkut Icon Linkedin Icon Linkedin Icon

CASANSAAR Updates

Developed By: CASANSAAR Copyright © casansaar

Top Accounting Firms,CA COMMUNITY,CA SANSAAR,Chartered Accountant,Ca Networking Firms,Partner Portal,Ca Assignments,CA,Online Communities For Chartered Accountant,Circle For Ca,CS,CMA and FINANCE,Articles By CA / CS / CMA,accounting news articles,Ca Firms In Delhi,CA ANNOUNCEMENT

accounting jobs,article trainees,best website creator,empanelment,income tax slab, ITR, TDS Chart,budget of india 2014-15,gst,auditing,Income tax,students zone,cpt,community matrimony for ca,Classified Ads,Community Matrimony For Ca,Students Zone,Coaching Classes,Company Secretary,Cost Accountant,Judiciary.