The result of the Common Proficiency Test held on 4th November 2007 is expected to be declared on Friday, the 30th November 2007 around 12 Noon and the same as well as the merit list (candidates securing a minimum of 60% and above marks and upto the
The draft Companies Bill, 2007, has proposed a new entity called a one-person company (OPC) as a measure to provide start-up entrepreneurs and professionals the much- needed flexibility in setting up a business in India. The onerous compliance req
Apex court upholds new accounting standardsNew Delhi November 21, 2007The Supreme Court has upheld the revised accounting standards AS 22 issued by the Institute of Chartered Accountants of India which has been made mandatory for all the companies li
Nearly 150,000 salaried individual taxpayers will have to re-file their returns for the 2007-08 assessment year, as their returns went up in smoke during a recent fire in the income-tax office at Mayur Bhawan in Connaught Place. The October 6 inciden
The Income Tax Department is planning to extend the Refund Banker Scheme to the entire country as a move aimed at expediting refund of excess tax. The scheme, launched in Delhi and Patna in March this year, was later extended to Kolkata, Chennai, Ban
Ancmnet/BOS/227/47/2007 Attention of the students is invited to para (v) of the Announcement: Ancment/BOS/227/06/2007 dated February 7, 2007 appended below. It is clarified that students who have registered for three years of articles with the date o
After IT professionals and management graduates, it is now the turn of Chartered Accounts (CAs) to reap the fruits of globalisation in the form of increasing opportunities abroad. Major companies across the globe are actively hiring CAs from India.Th
An amendment by way of limited revision to Accounting Standard (AS) 15, Employee Benefits (revised 2005), has been made with a view to provide, inter alia, an option to an enterprise to charge additional liability arising upon the first application o
The Institute of Chartered Accountants of India (ICAI) on Monday recommended that Goods and Service Tax (GST), proposed to be implemented from 2010, should have dual tax structures at the Centre and state levels.The GST is expected to create a common
MBA finance grads watch out, CAs are inching closer in terms of pay packages. In the latest round of placements of CAs, held last month, average salaries have shot up to almost Rs 6 lakh per annum. The average salary of CAs reached to a new high of R
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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