CAclubindia News


Now Company Secretaries can prefix the word CS

   27 June 2007 at 03:40

The Council of the Institute (ICSI) in its 173rd meeting held on June 23-24,2007 has decided that a member of the Institute may prefix CS to his name inorder to distinguish himself from other professionals and to create brandimage of the CS professio

Posted in Corporate Law |   6993 Views


Mumbai, a global financial hub?

   27 June 2007 at 02:15

Maharashtra become the first Indian state to hold its own investment forum in New York this week, reports CNBC-TV18.Many Mumbaikars say they feel at home in New York, finding common ground in geography, soaring skylines, the daily bustle and of cours

Posted in Others |   5322 Views


Taxpayers have no confidence in MFs

   26 June 2007 at 08:19

Taxpayers have no confidence in MFsJune, 25th 2007The Indian mutual funds industry may have crossed the Rs 4-lakh-crore mark in assets under management, but still ranks at the bottomof the charts when it comes to gaining the confidence of tax payers.

Posted in Income Tax |   2895 Views


Significant changes in MCA 21 after July 1 2007

   26 June 2007 at 00:24

Announcement on Significant changes scheduled to be implemented under MCA-21 with effect from July 1, 2007Sub: Significant changes scheduled to be implemented under MCA-21 with effect from July 1, 2007As you are aware that the Ministry of Corporate A

Posted in Corporate Law |   7458 Views


Whats wrong with the new ITR??

   25 June 2007 at 09:15

Para  1 Infact it is tough time for few so called income tax practitionersbecause New ITRS requires the basic knowledge of the Act and accounts.  Para 2 It's a myth and sheer ignorance (which again substantiate the para 1 above)&n

Posted in Income Tax |   4389 Views


Clarification on technical issues on service tax

   24 June 2007 at 12:00

DRAFT CIRCULARCircular No. / /2007-ST New Delhi, dated - - July, 2007 F.No.354/28/2007-TRUGovernment of IndiaMinistry of FinanceDepartment of RevenueTax Research Unit Sub: Clarification on technical issues relating to scope and classification

Posted in Service Tax |   10287 Views


Procedural issues in Service Tax-clarification reg.

   24 June 2007 at 11:58

Draft Circular Circular No. / /2007 New Delhi, the July, 2007 F.No. 137/85/2007-CX.4 Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) *** Subject:- Procedural issues in Service Tax-cl

Posted in Service Tax |   5175 Views


Difficulties being encountered by Goods Transport Operators in complying with the provisions of Service Tax-reg

   24 June 2007 at 11:55

F.No. 137/89/2007-CX.4Government of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Excise and Customs)New Delhi, the 11th June, 2007Subject: Difficulties being encountered by Goods Transport Operators in complying with the provisions

Posted in Service Tax |   4668 Views


Tax circular on shares does not provide any objective guidelines

   24 June 2007 at 08:07

The Central Board of Direct Taxes (CBDT) recently released a circular containing a set of guiding principles to make a distinction between shares held as stock-in-trade and those held as investment. But the circular appears to fall short of its objec

Posted in Income Tax |   3582 Views


Big 4 Consulting Company booked for allegedly evading service tax

   23 June 2007 at 05:03

Nothing could be worse news for a Big 4 Consulting Company, known as Top Tax Advisor to MNCs; and which claims to have hired a team of over 10 dozen "great" Tax Experts on Compensation ranging upto Rs 2 Crore Per Annum; itself being booked by the Ser

Posted in Service Tax |   5253 Views