CAclubindia News
Delay in Implementation of IFRS
19 March 2012 at 17:46Keeping in view the consultation held with various stakeholders on certain issues including tax related issues, it was decided to implement convergence of Indian Accounting Standards with International Financial Reporting Standards (IFRS) in a pha
Corporate Houses Found Involved in Various Scams During the Last Three Years
19 March 2012 at 17:46Corporate Houses found to have prima facie violated provisions of the Indian Penal Code can be regarded as being ‘involved in scams’. As per investigation reports received in the Ministry, 21 Companies fall in this category. List of su
ICSI welcomes the Union Budget for the year 2012-13
19 March 2012 at 16:20THE INSTITUTE OF COMPANY SECRETARIES OF INDIA (ICSI) WELCOMES THE UNION BUDGET 2012-13
ICSI - Highlights of the Union Budget 2012-13
19 March 2012 at 16:17ICSI - Highlights of the Union Budget 2012-13
Budget Aims at Creating Enabling Atmosphere for All Sections
17 March 2012 at 13:05Baggage Allowance Increased in the Budget Presenting the Union Budget 2012-13 in the LokSabha today, the Union Finance Minister ShriPranab Mukherjee has proposed to increase the duty-free baggage allowance for eligible passengers of Indian origi
Efforts to Arrive at a Broad Based Consensus on Allowing FDI in Multi-Brand Retail Trade Up to 51%
17 March 2012 at 13:04Government is making efforts to arrive at a broad based consensus in consultation with the State governments in respect of the decision to allow FDI in multi-brand retail trade up to 51%. The Union Finance Minister ShriPranab Mukherjee in his Bu
Service Tax Exempted on Copyrights Relating to Recording of Cinematographic Films
17 March 2012 at 13:04There is something to cheer about for the film industry in the Union Budget 2012-13. While presenting the Union Budget 2012-13 in LokSabha today, the Finance Minister ShriPranab Mukherjee said that the year 2012 marked the beginning of the Centena
Lumpsum Grant Under National Family Benefit Scheme Doubled
17 March 2012 at 13:04In order to strengthen the social security and fulfill the needs of weaker sections, the Union Finance Minister ShriPranab Mukherjee announced a hike of 37 percent in the allocation for National Social Assistance Programme (NSAP) from Rs. 6,158 cr
Dip in Tax Revenue and Increased Subsidies hit Fiscal Balance Amendments Introduced to FRBM ACT
17 March 2012 at 13:04The Union Finance Minister ShriPranab Mukherjeewhile presenting the Union Budget 2012-13 announced introduction of amendments to the Fiscal Responsibility and Budget Management Act, 2003 (FRBM Act). The two important features of this amendment in
Advance Pricing Agreement Introduced
17 March 2012 at 10:22With a view to bring down Tax litigation and provide Tax certainty to the foreign investors, the government has introduced the Advance Pricing Agreement (APA) in the Finance Bill 2012. While presenting the Budget 2012-13 in LokSabha today Shri Muk
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