CAclubindia News


Empanelment date extended to 22nd Feb 08 : C&AG

   15 February 2008 at 17:36

OFFICE OF THE COMPTROLLER & AUDITOR GENERAL OF INDIA 10, Bahadur Shah Zafar Marg, New Delhi-110124. Updation of data for empanelment by the Chartered Accountant firms for the year 2008-2009The Chartered Accountant firms who had applied for empanelme

Posted in Audit |   6042 Views


'Management accountants ensure integrity'

   14 February 2008 at 13:42

February, 12th 2008 Management accountants are the conscious keepers of an organisation, says Charles Tilley, chief executive officer, Chartered Institute of Management Accountants (CIMA), UK. In conversation with Rayana Pandey

Posted in Others |   5232 Views


CBDT Press Release - e-Tds

   14 February 2008 at 13:27

No.402/92/2006-MC (10 of 2008) Government of India / Ministry of Finance Department of RevenueCentral Board of Direct Taxes*** New Delhi dated the 12th February 2008 PRESS RELEASE  All  tax  deductors  / &

Posted in Income Tax |   7917 Views


C B Bhave leads race for SEBI Chairman

   14 February 2008 at 12:12

C B Bhave leads race for SEBI ChairmanC B Bhave, chairman and managing director of National Securities Depository Ltd (NSDL has emerged frontrunner to become SEBI chairman . After being in-charge of the secondary market department as one of the two s

Posted in Others |   3471 Views


Budget allocation for minorities to double

   13 February 2008 at 21:34

Budget allocation for minorities todouble  In what is likely to be fodder for the Opposition BJPbefore the elections, the coming Union Budget is likely to double theallocation for minorities' welfare schemes. Sources said the focus on

Posted in Income Tax  1 comments |   2802 Views


Costing Standards and Cost Audit to be Reviewed:Experts

   13 February 2008 at 21:34

Costing Standards and Cost Audit to be Reviewed:Experts Reviewing of  cost accounting and cost audit is a new order from the Government. Cost accounting, through the determination and allocation of costs to various products, provides a valu

Posted in Students |   6024 Views


Wider Service Tax Net May Nip Hard

   13 February 2008 at 21:34

Wider Service Tax Net May Nip Hard The service tax net is likely to be stretched and  more items will be brought  under its ambit. Hotel room tariffs, domestic air travel (business class) and the premium on life insurance policies are

Posted in Income Tax |   3747 Views


Exempt New Pension Scheme Also From Tax Regime: PFRDA's Urge

   13 February 2008 at 21:34

Exempt New Pension Scheme Also From Tax Regime: PFRDA's Urge The Pension Fund Regulatory and Development Authority (PFRDA) has sought parity in tax treatment for the New Pension Scheme (NPS) for government employees with the Employees Provident

Posted in Income Tax |   4920 Views


OBUs Likely To Lose Tax Breaks

   13 February 2008 at 21:34

Withdrawing direct tax benefits to offshore banking units (OBU) on the profits earned from special economic zones (SEZs)is a new proposal of the Finance Ministry. This could prove a major setback to developers, as tax exemptions and other benefits to

Posted in Income Tax |   3138 Views


Demat of TDS certificates may be deferred again

   12 February 2008 at 12:38

Demat of TDS certificates may be deferred againDematerialisation of tax deducted atsource (TDS) certificates is likely to be deferred by a year from the proposeddate of April 1, 2008.The scheme was originally scheduled to come into effect from April

Posted in Income Tax  1 comments |   5100 Views