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Facility of Income Tax Payment Through ATMs by Union Bank of India Launched

   01 April 2011 at 12:12

Facility of Income Tax Payment Through ATMS by Union Bank of India Launched The Minister of State for Finance Shri Namo Narain Meena launched facility of Income Tax payment through ATMs by Union Bank of India here today. Senior officials from Minist

Posted in Income Tax |   3726 Views


Vodafone buys Essar's stake for $5 bn; may exceed FDI limit

   01 April 2011 at 12:11

Vodafone buys Essar's stake for $5 bn; may exceed FDI limit UK-based Vodafone on Thursday acquired 33 per cent stake of its Indian partner Essar in the joint venture Vodafone Essar for USD 5 billion and may go for a new ally or opt for publi

Posted in Others |   3399 Views


CAs exempted from collecting service tax on accrual basis

   01 April 2011 at 12:06

Notification No.25/2011 - Service Tax Ministry of Finance has today issued the above Notification amending Point of taxation Rules, 2011. Rules 7 has been substituted by a new Rule whereby, point of taxation in respect specified service providers w

Posted in Service Tax |   11502 Views


Amendments in Point of Taxation Rules, 2011 and other related provisions

   01 April 2011 at 12:03

Amendments in Point of Taxation Rules, 2011 and other related provisions F.No.341/34/2010-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) ****** New Delhi dated the 31st March, 2011. To A

Posted in Service Tax  1 comments |   4710 Views


RBI releases Study on State Finances 2010-11

   31 March 2011 at 16:33

RBI releases Study on State Finances 2010-11 The Reserve Bank of India (RBI) today released “State Finances: A Study of Budgets of 2010-11”, a publication that provides data, analysis and assessment of finances of State governments.

Posted in Others |   4515 Views


President's Message - April 2011

   31 March 2011 at 15:37

President's Message - April 2011 Dear friends, When the first Finance Minister of India, Shri R. K. Shanmukham Chetty, presented the first budget of the country soon after our independence, on 26th November, 1

Posted in Others |   3267 Views


ICAI e-Journal (April 2011)

   31 March 2011 at 15:37

ICAI e-Journal (April 2011)

Posted in Others |   8577 Views


Consolidated FDI Policy (Effective from 1-4-2011)

   31 March 2011 at 14:31

Circular 1 of 2011 on FDI Circular 1 of 2011, being released today, is the third edition of the Consolidated FDI Policy. One year has passed since the policy on Foreign Direct investment (FDI), was consolidated and released for the first time, e

Posted in Others |   5310 Views


The Banking Companies (Nomination) Rules, 1985 - Clarifications

   31 March 2011 at 12:09

The Banking Companies (Nomination) Rules, 1985 – Clarifications RBI/2010-11/454 DBOD.No. Leg. BC. 83/09.07.005/2010-11 March 30, 2011 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, The Banking Companies (Nomination) Rules

Posted in Others |   15600 Views


NBFCs not to be Partners in Partnership firms

   31 March 2011 at 12:09

NBFCs not to be Partners in Partnership firms RBI/2010-11/453 DNBS.PD/ CC.NO. 214/03.02.002/2010-11 March 30, 2011 All NBFCs Dear Sir, NBFCs not to be Partners in Partnership firms It has come to the notice of the Reserve Bank of India t

Posted in Others |   3402 Views