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CAG of India briefs UN Secretary General on Conduct of UN Audit

   13 December 2012 at 10:07

Vinod Rai Re-Elected Chairman of United Nations' Panel of External Auditors The United Nations’ Panel of External Auditors which comprises Supreme Audit Institutions (SAIs) engaged in auditing United Nations, its specialised agencies a

Posted in Audit  1 comments |   8841 Views


Time limit for XBRL filing extended again to 15 Jan 2013

   12 December 2012 at 15:54

MCA extended time limit of filing Financial Statement in XBRL Mode upto 15 January 2013 General Circular No. 39/2012 12.12.2012

Posted in Corporate Law |   12990 Views


Direct tax collection grows by a meagre 7.14 percent

   12 December 2012 at 11:24

Gross Direct Tax Collection Figures for April-November 2012-13 Up by 7.14 Percent at Rs. 3,25,696 Crore as Against Rs. 3,04,002 Crore in the Same Period Last Year Gross direct tax collections during April-November of the Financial Year 2012-13 was

Posted in Income Tax |   4713 Views


Only 14.62 lac assessees disclose income more than 10 lac

   11 December 2012 at 13:06

Statement made by Revenue Secretary to Media On August 6, 2012, the Finance Minister Shri P. Chidambaram made a statement on the policy of the Government regarding taxation and tax administration. He emphasized that clarity in tax laws, a stable

Posted in Income Tax |   16530 Views


Incorporation of the Corporate Social Responsibility Provision in the New Companies Bill

   11 December 2012 at 13:03

Clause 135 of the Companies Bill, 2011 inter alia, provides for the specified companies to spend at least 2% of the average net profits (of last 3 years) in pursuance of the company’s Corporate Social Responsibilities (CSR) policy and in cas

Posted in Corporate Law  2 comments |   8694 Views


MCA 21 Project - Achievements and Continuation

   11 December 2012 at 13:03

The Government is implementing an e-governance initiative called MCA 21 Project to ensure the efficiency of the core services regarding company affairs. Giving this information in written reply to a question in the Parliament, Shri Sachin Pilot, M

Posted in Corporate Law |   5319 Views


Service Tax (Fifth Amendment) Rules, 2012 - Amendment in Form ST-1 to include accounting codes

   10 December 2012 at 13:29

NOTIFICATION NO. 48/2012-ST [F.NO. 137/22/2012-ST]/GSR 858 (E) DATED 30-11-2012 In exercise of the powers conferred by sub-section(l) read with sub-section (2) of section 94 of the Finance Act, 1994 ( 32 of 1994), the Central Government hereby

Posted in Service Tax  8 comments |   32373 Views


Announcement for CS students appearing in Dec exams

   08 December 2012 at 12:40

Announcement for CS students appearing in Dec exams Please check the Attached File

Posted in Students  4 comments |   30630 Views


Information Regarding Tax Evasion

   08 December 2012 at 11:36

The Government is focusing on increasing use of Information Technology for detection of evasion of tax. The Government also receives information on tax evasion from public at large through letters, e-mails, reports in media etc. the Government gran

Posted in Income Tax  6 comments |   17499 Views


Committee on Direct Cash Transfers

   07 December 2012 at 11:43

Government has constituted National Committee on Direct Cash Transfers chaired by the Prime Minister as a mechanism to coordinate action for introduction of direct cash transfers to individuals under various Government schemes and programmes. The

Posted in Income Tax |   10317 Views



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