CAclubindia News

GDP estimate might be revised to 5.5 percent

The Government States that as GDP Growth is Turning, it is Likely that the Advance Estimates of 5 Percent will be Revised and the Final Estimate will be Closer to the Government’s Estimate of a Growth Rate of 5.5 Percent or Slightly More

New/Revised Ind ASs finalised by ICAI (Post February, 2011)

The following are the New/Revised Ind ASs (Post February, 2011) corresponding to the new/revised IFRSs issued by the IASB after finalisation of 35 Ind ASs hosted on the MCA’s website. These Ind ASs have been finalised by the Council of the I

Recognition to Members of ICSI under SEBI (Investment Advisers) Regulations, 2013

SEBI has issued SEBI (Investment Advisers)Regulations, 2013 on January 21,2013, requiring yearly audit of Compliance by Members of ICSI. Regulation 19 (3) reads as under : “An investment adviser shall conduct yearly audit in respect of c

Exposure Draft: Acquisition of an Interest in a Joint Operation (Proposed amendment to IFRS 11) - (Last date for sending comments: March 20, 2013)

The International Accounting Standards Board (IASB) has published this Exposure Draft of proposed amendments to introduce guidance on the accounting, by a joint operator, for the acquisition of an interest in a joint operation, as defined in IFRS

Net Direct Tax Collections Figures for April-January 2012-13 up by 12.49 Percent at Rs. 3,90,310 Crore as Against Rs. 3,46,959 Crore in the Same Period Last Year

Gross Direct Tax collection during April-January of the current fiscal (F.Y. 2012-13) was up by 7.02 percent at Rs. 4,55,125 crore as against Rs. 4,25,274 crore in the same period last fiscal. While gross collection of Corporate Taxes was up 3.71

Toppers for PCC & IPCC Examination held in Nov'12

Pass Percentage of PCC & IPCC Examination held in Nov'12

Chartered Accountants Professional Competence Course (PCC) Examination held in Nov, 2012 The details of percentage of candidates passed in the above said examinations are given below: Examination Group

FM Calls on Officers of Customs and Central Excise to take Advantage of Technological Advances to Ensure Non-Intrusive Tax Administration and Promoting a Non-Adversarial Tax Environment

The Finance Minister Shri P.Chidambaram exhorted the officers of Customs and Central Excise to make every effort to achieve the budgetary target for the collection of indirect taxes for the financial year 2012-13. The Finance Minister Shri Chidamb

CA PCE and IPCE result has been declared

Results of the Chartered Accountants Professional Competence and Integrated Professional Competence Examinations held in November, 2012 declared. For details Click here

Income-Tax (First Amendment) Rules, 2013 - Insertion of Rule 17CA and Form no. 10BC

NOTIFICATION NO. 8/2013 [F. NO. 142/20/2012-TPL] DATED 31-1-2013 In exercise of the powers conferred by clause (b) of section 13B, read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the followin