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ICWAI Demands Drop "CHARTERED" From ICAI

   16 December 2011 at 10:59

The President and members of the Council of the Institute of Cost and Works Accountants of India express their utmost unhappiness on the passing of the ICWAI Amendment Bill in the Rajya Sabha on 12th Dec 2011, by which the name was proposed to be

Posted in Students  68 comments |   39756 Views


Slowdown effect seen in advance tax

   16 December 2011 at 10:56

Initial numbers show almost no increase from last year; officials say clearer picture to emerge by weekend Fears that the slowing Indian economy could be reflected in the financials of its companies intensified on Thursday with initial numbers o

Posted in Community & General |   4716 Views


Amendment to Public Provident Fund Scheme, 1968 (PPF, 1968) and Senior Citizens Savings Scheme, 2004 (SCSS, 2004) - Payment of commission to the agents

   15 December 2011 at 17:32

RBI/2011-12/299 DGBA.CDD. No. H- 3764 /15.02.001/2011-12 December 15, 2011 The Chairman and Managing Director/Managing Director Head Office, Government Accounts Department State Bank of India/State Bank of Patiala/ State Bank of Bikaner &

Posted in Community & General |   8517 Views


Submission of Pre-Budget Memorandum, 2012 by Indirect Taxes Committee

   15 December 2011 at 17:09

The Indirect Taxes Committee of the Institute has submitted the Pre-Budget Memorandum, 2012 relating to Indirect Taxes to the Ministry of Finance on 7th December, 2011. The Memorandum contains suggestions on various issues in the area of indirect

Posted in Community & General |   8982 Views


Empanelment as a Technical Reviewer with the Quality Review Board

   15 December 2011 at 17:09

The Government of India has, in exercise of the powers conferred by Sec. 28A of the Chartered Accountants Act, 1949, constituted a Quality Review Board to perform the following functions:- (a) to make recommendations to the Council with regard

Posted in Community & General |   2775 Views


Not many options on rupee, Rangarajan says

   15 December 2011 at 10:30

The Indian rupee, which has depreciated against the dollar for seven consecutive trading sessions, has shed almost 4% since last week On a day the rupee touched a new lifetime low of 53.85 against the dollar, C Rangarajan, chairman of the Prime

Posted in Community & General  1 comments |   3429 Views


Clarification on levy of service tax on distributors/sub-distributors of films and exhibitors of movie - regarding

   15 December 2011 at 10:30

Circular No.148 / 17 / 2011 - ST F.No.354/27/2011-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit 153 North Block, New Delhi Dated: 13.12.2011 To Chief Commission

Posted in Service Tax |   7320 Views


Nov inflation at 9.11%, slightly above expectations

   15 December 2011 at 10:30

The latest price-rise figures may complicate matters for the central bank, which was expected to shift its bias towards growth from inflation in its mid quarter monetary policy review on Friday Wholesale-price inflation in India posted a 9.11% a

Posted in Community & General |   2688 Views


Companies Bill 2011 - Bill No. 121 of 2011

   15 December 2011 at 10:24

Companies Bill 2011 - Bill No. 121 of 2011

Posted in Corporate Law  2 comments |   9216 Views


Companies Bill tabled in Lok Sabha

   15 December 2011 at 10:20

The Bill enhances the accountability for those incorporating a company, and directors on the board, by framing additional disclosure norms The Companies Bill, 2011, that seeks to make companies more accountable was introduced in the Lok Sabha on

Posted in Corporate Law |   4200 Views



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