CAclubindia News


Differences widen on CST

 29 November 2011 at 10:20

Raising VAT should be left to the states and not be included as a part of the compensation formula, he added Differences between the Union and state governments over central sales tax (CST) compensation have aggravated, with the states claiming

Posted in VAT |   11 comments |   38733 Views


CBEC seeks more staff to meet growing workload

 29 November 2011 at 10:19

The Central Board of Excise and Customs (CBEC) has asked the government for 25,000 more employees, equivalent to 40% of its current staffing level, to meet the growing workload. The finance ministry unit helps formulate policy on the levy an

Posted in Community & General |   3573 Views


Sebi plans platform for minority shareholders

 28 November 2011 at 10:56

Minority shareholders are allowed to vote through postal ballots, but rarely do so as they may not be able to take a view on the subject In a move to protect the interest of minority shareholders and improve corporate governance in Indian firms,

Posted in Investments & Personal Finance |   1 comments |   12624 Views


FM Pranab Mukherjee's opening remarks in Kathmandau today after signing the Double Taxation Avoidance Agreement (DTAA)

 28 November 2011 at 12:59

Here are the opening remarks of the Finance Minister: ‘It is an honour and a privilege to be in this beautiful city, the capital of Nepal. It brought back fond memories of my previous visits. It has been a very busy but most useful visit t

Posted in Income Tax |   1 comments |   4176 Views


FDI in Retail Sector to create 10 million jobs: Anand Sharma

 28 November 2011 at 12:58

The decision of the Union Cabinet to permit FDI into multi-brand retail in the country will create 10 million new jobs including 6 million in the logistics sector alone, said Shri Anand Sharma, Union Minister for Commerce and Industry. Addressing

Posted in Community & General |   1 comments |   4146 Views


PM got past a split cabinet to push retail FDI

 26 November 2011 at 12:55

It wasn't just a vocal opposition that was against the Cabinet's decision to allow 51% foreign direct investment (FDI) in multi-brand retail business. The cabinet itself was split down the middle, which had an animated — even heated &m

Posted in Community & General |   2 comments |   4476 Views


Deregulation of Savings Bank Deposit Interest Rate

 26 November 2011 at 10:22

RBI/2011-12/281 UBD.BPD.(PCB)CIR No.13/13.01.000/2011-12 November 25, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Deregulation of Savings Bank Deposit Interest Rate Please refer to our circular No

Posted in Community & General |   2 comments |   5172 Views


FDI for multi-brand retailing gets past cabinet

 25 November 2011 at 12:01

You will soon be able to walk into a mega deep discount store run by global retailers such as Walmart, Tesco and Carrefour in your neighbourhood. Brushing aside political resistance from allies Trinamool Congress and DMK as well as some Congre

Posted in Community & General |   3 comments |   4308 Views


RBI gives nod to Air India plan, asks banks to meet on Monday

 25 November 2011 at 12:01

The Reserve Bank of India (RBI) has approved state-owned Air India Ltd’s financial restructuring plan with conditions and asked a group of creditors led by State Bank of India (SBI) to take the process forward. RBI has written to SBI and o

Posted in Community & General |   1 comments |   3351 Views


ICSI - Online change of Address by the Members

 25 November 2011 at 11:22

Sub : Online change of Address Dear Member, This has a reference to the ongoing initiative of the Institute for automation. In this regard, the facility for online change of address of the Members has also been added to the list of services alr

Posted in Community & General |   3483 Views



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