Community & General News
Draft Bank MEF made available upto 4th Dec
29 November 2017 at 11:40Draft Bank Branch Auditors Panel(MEF) of Chartered Accountants/firms for the year 2017-18 has been prepared alongwith the category of the applicants. The Draft Panel contains the following: 1. MEF No.2. FRN No./MRN No.3.Concern Name4.Unique Code No.
Constitution of Fifteenth Finance Commission Notified
28 November 2017 at 11:05The Government of India, with the approval President of India, has constituted Fifteenth Finance Commission in pursuance of clause (1) of article 280 of the Constitution, read with the provisions of the Finance Commission (Miscellaneous Provisions) A
No proposal to withdraw Bank Chequebook facility clarifies Govt
24 November 2017 at 11:14In a section of the media, it has appeared that there is a possibility that the Central Government may withdraw bank cheque book facility in the near future, with an intent to encourage digital transactions. It is denied that there is any proposal un
Cabinet approves setting up of the 15th Finance Commission
23 November 2017 at 17:18The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the setting up of the 15thFinance Commission. Under Article 280 (1) of the Constitution,it is a Constitutional obligation. The Terms of Reference for the 15thFinance Commissio
Continuation of the scheme on Indian Institute of Corporate Affairs
23 November 2017 at 17:18Cabinet approves continuation of the scheme on Indian Institute of Corporate Affairs beyond the 12th Plan Period The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for continuation of the scheme on Indian Instit
IT Dept clarifies role of CAs in nation building
17 November 2017 at 18:41PRESS RELEASEINCOME TAX DEPARTMENT, NASHIK It has come to the notice of the Income Tax Department that certain sections of the print media who covered the 'outreach programme' of the Income Tax Department conducted on 15/11/2017 has wrongly
Moody upgrades Sovereign Credit Rating of India to Baa2 from Baa3
17 November 2017 at 16:10Moody's Investors Service ("Moody's") has upgraded the Government of India's local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive. India’s rating has bee
MCA revises AoC-4 Non-XBRL & AoC-4 XBRL (Non-Ind AS) forms
08 November 2017 at 10:35AoC-4 Non-XBRL and AoC-4 XBRL(Non-Ind AS) forms are being revised and likely to be notified on 7th November 2017 including therein demonetization related changes. Stakeholders may plan accordingly and file using only the revised forms w.e.f. 8th Nove
Investigation in cases of Paradise Papers
07 November 2017 at 10:27Investigations in cases of ‘Paradise Papers’ to be monitored through reconstituted Multi Agency GroupRevelations made today in the media under the name ‘Paradise Papers’ [based upon expose done by the International Consortium
Cases pertaining to Panama Papers
07 November 2017 at 10:27Pursuant to revelations made by the International Consortium of Investigative Journalists (ICIJ), a Washington based organization in April 2016 about certain Indians having linkages with entities in offshore no tax/low tax jurisdictions, the Governme
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