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More service tax refunds possible for exporters

   07 October 2007 at 20:30

Here is something to cheer up exporters. The finance ministry is ready to include more items in the list of services for which exporters are to be refunded service tax. In addition to just four services notified by the finance ministry last month to

Posted in Service Tax |   4092 Views


After the Logo-Now a dress code for CA's!!

   06 October 2007 at 00:19

The Institute of Chartered Accountants (ICAI), a statutory body for regulating chartered accountants in the country, has tied up with retail major Provogue to provide a dash of colour and style to the profession. "A professional should be identified

Posted in Career |   9183 Views


Will increased Tax revenue bring smile on taxmen's face!!

   05 October 2007 at 11:22

TAXMEN DEMAND BETTER DEAL AS COLLECTIONS TOUCH NEW HEIGHTSIncome tax officers are awaiting the day when Finance Minister P Chidambaram approves a proposal to earmark 1 per cent of annual direct tax collections for meeting the annual expenditure of th

Posted in Income Tax |   2760 Views


Senior Citizen gets deduction in CA membership fees also!!

   05 October 2007 at 00:30

ANNOUNCEMENTFor Kind Attention of MembersNEW SCALE OF FEES W.E.F. 1.4.2008 The Council in its 268th meeting held on 30th April to 2nd May, 2007 has decided to revise the membership and related fees as under w.e.f. 1.4.2008 : - Particulars of F

Posted in Others |   4287 Views


KPO industry to provide 255,000 jobs in India by 2011!!

   05 October 2007 at 00:11

The Knowledge Process Offshoring (KPO) industry in India is likely to grow to US $11.2 billion in revenue by 2010-11 and is expected to employ approximately 255,000 professionals by March 2011, according to a study by Evalueserve. Among low-cost dest

Posted in Career |   7623 Views


Revision facilities of MEF-2007-08

   04 October 2007 at 19:55

Facilities for revision of MEF 2007-08 as detailed below will be available upto 15th October 2007 on MEF website http://www.meficai. org/mefcorrectio n0708.htm Correction of data filled in the MEF Change in the status in which application was filed (

Posted in Income Tax |   2766 Views


Baksheesh, Saab!! no whispering now, its official!!

   04 October 2007 at 19:55

HC: Baksheesh is official spend Shibu Thomas | TNN Mumbai: "Saab, baksheesh.'' The Persian word for tip used by everyone from the MTNL linesman to the postman at Diwali has now been accorded legal sanctity. In an important judgment that will doubtles

Posted in Income Tax  1 comments |   4944 Views


CAAT - Going to use by IT Department

   03 October 2007 at 20:39

The Income Tax department will soon introduce a new accounting tool that will be used against business houses suspected of concealing huge income by fudging their accounts and making fake entries to concoct balance-sheets. To be called Computer Assi

Posted in Income Tax |   3396 Views


Latest CLB order on Section 141

   03 October 2007 at 17:12

Now Central Govt. is authorised to accept the forms for registration/ modification/ satisfaction of charges upto a period of 300 days from the date of event. Additional fee for delay beyond 30 days will be payable.For the latest order of CLB on Secti

Posted in Corporate Law |   6318 Views


ICAI council insulated from RTI : CIC

   02 October 2007 at 18:52

The Central Information Commission (CIC) has said that multi-member deliberative bodies should be insulated from disclosing their details under the Right to Information Act."A certain amount of insularity from disclosure requirement needs to be accep

Posted in Career |   5229 Views