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Amendments to the payment of Bonus Act, 1965

   02 October 2007 at 12:44

The Cabinet in its meeting held on October 1, 2007 has approved the Amendments to the payment of Bonus Act, 1965, which are as follows:- i) Amendment to Section 2(13): To raise the eligibility limit for payment of bonus from the salary or wage of Rs.

Posted in Others |   13269 Views


Indian CA's in demand abroad!!

   02 October 2007 at 12:13

It's not only the Indian engineers, management graduates and IT professionals who are in demand overseas. Usually, the low-profiled chartered accountants (CAs) too are now in demand by the other countries. The apex body of CAs - Institute of Chartere

Posted in Career  1 comments |   27621 Views


Membership fee for salaried staff

   01 October 2007 at 16:49

More than a decade ago, while being Chairman of IEEE, Hyderabad Section, I had got into correspondence with you about the possibility and justification of exemption of income-tax on the payment of subscriptions by individuals to various professional

Posted in Others |   5841 Views


Use of CA logo on excel sheets is permitted

   01 October 2007 at 16:48

Use of CA logo on excel sheets is permitted. Members may follow as per attached sample.Please click here for sample http://icai.org/icairoot/announcements/calogo_excelsheet.html

Posted in Career |   7968 Views


MAN RECEIVES INCOME TAX REFUND AFTER 11 YEARS

   01 October 2007 at 16:46

Eleven years after he began his fight for an income tax refund, a man has finally managed to receive his due from the authorities coupled with accrued interests following delay in payment. Prakash Aswani, who took voluntary retirement from United In

Posted in Income Tax |   5061 Views


Change in Accounting mode for municipalities!!

   29 September 2007 at 12:15

Statesman News Service"The accounting procedures of all the municipalities should change from the existing single entry system to a double entry mercantile system, and even the government ought to switch over to the practice," said Mr Sunil Talati, p

Posted in Accounts |   4002 Views


Higher rupee both problem and oppurtunity

   29 September 2007 at 02:46

A part and parcel of India's sizzling growth story during the last five years is the sustained spurt in merchandise exports, which have grown by more than 20 per cent in dollar terms annually in this period. Yet exporters are none too happy as they

Posted in Others |   3675 Views


Paper Documents back as I-T refunds not e-asy

   28 September 2007 at 16:47

NEW DELHI: Switching back to paper may help corporate tax payers who had e-filed returns and are still awaiting tax refunds. With Rs 14,000 crore worth of refunds stuck due to non-processing of e-returns, the income-tax department plans to ask them t

Posted in Income Tax |   3510 Views


Foreign companies may enter legal services

   28 September 2007 at 14:14

Opening up of legal services for foreign players could be on the cards. The government has begun consultations on the issue with the Indian stake-holders, Law Minister HR Bharadwaj said on Tuesday. He said efforts would be made to build a consensus a

Posted in Others  1 comments |   3255 Views


Website launched by MCA to educate Investors!!

   27 September 2007 at 22:46

Minister of Corporate Affairs- SHRI PREM CHAND GUPTA LAUNCHES WEBSITE TO EDUCATE INVESTORS 19:37 IST The Minister of Corporate Affairs, Shri Prem Chand Gupta launched a website of Investor Education & Protection Fund (IFPF), www.iepf.gov.in here toda

Posted in Others |   3114 Views