CAclubindia News


Extension of date of submission of service tax half yearly returns

   20 October 2011 at 17:17

F. No. 137/99/2011 – Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs *** New Delhi dated the 20th October 2011 ORDER NO. 1 /2011 – Service Tax In exercise of the p

Posted in Service Tax  19 comments |   23733 Views


CBDT Makes Discussion Paper on Tax Accounting Standards Public

   20 October 2011 at 17:17

The Central Board of Direct Taxes (CBDT) has made public the discussion paper on accounting standards, to be known as Tax Accounting Standards (TAS), for feedback from all concerned. The discussion paper is available on the following web-sites:

Posted in Income Tax |   6051 Views


RBI may hold fire after 25 bps hike

   19 October 2011 at 13:11

The task before the Reserve Bank of India (RBI) as it prepares to unveil the second quarter review of monetary policy is tricky. Headline wholesale price inflation (WPI) continues to be sticky, close to double-digit levels in provisional terms. Al

Posted in Community & General |   3051 Views


RBI against letting MFIs collect small deposits

   19 October 2011 at 13:11

Indias central bank has objected to a government proposal to allow microlenders to collect small deposits from poor borrowers. The Reserve Bank of India (RBI) has said it is concerned about the safety of the money deposited with microlend

Posted in Community & General |   3336 Views


Peak Filing of Balance Sheet and Annual Return

   18 October 2011 at 17:23

As you are aware it is time of peak filing of Balance Sheet & Annual Return under the Companies Act, 1956. It has been brought to the Institutes’ notice that during October, 2011, filing of Balance Sheet and Annual Return is less as comp

Posted in Corporate Law  1 comments |   7536 Views


FM to Inaugurate Economic Editors' Conference Tomorrow

   18 October 2011 at 14:58

Press Information Bureau is organizing its two-day Annual Economic Editors’ Conference in the National Media Centre, Shastri Bhawan, New Delhi which will be inaugurated by the Finance Minister Shri Pranab Mukherjee tomorrow. There will be

Posted in Community & General |   2358 Views


India's economy 'is slowing sharply': Moody's

   18 October 2011 at 12:07

India’s growth has weakened under the brunt of 12 interest rate increases since March 2010 that have pushed up borrowing costs for everything from consumer appliances to plant equipment India’s slowing economic growth is a “ca

Posted in Community & General |   5094 Views


Government, exchanges seek ways to ease STT

   18 October 2011 at 12:07

The government on Monday discussed with stock exchanges various options to rationalise the securities transactions tax (STT). The finance ministry recently proposed to do away with or dilute STT, a levy that fetches the government around Rs 7,500

Posted in Community & General  2 comments |   3039 Views


CBDT has released a discussion paper on Tax Accounting Standards

   17 October 2011 at 19:08

CBDT has released a discussion paper on Tax Accounting Standards for inviting comments/suggestions from all the stake holders. This discussion paper has been approved by the Honorable Finance Minister. Check the Attached file for Details...

Posted in Income Tax  1 comments |   8283 Views


G20 promises adequate capital to shore up banks

   17 October 2011 at 16:26

Financial leaders of the worlds 20 biggest economies will pledge to make sure banks have enough capital and access to funding, amid market worries about eurozone bank capital needs that threaten a liquidity crunch, a draft communique showed

Posted in Community & General |   2388 Views



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