CAclubindia News

Exporter's in distress with centre's proposal

05 February 2008 at 13:26

EXPORTERS IN DISTRESS WITH CENTRE'S PROPOSALThe Centre proposes to request the state governments to increase the Value Added Tax(VAT) rate from 4% to 5%. This proposal has made a section of exporters a bit nervy who missed out on VAT refunds from se

Posted in VAT | 5493 Views

E-cheques to Pace up Clearance

05 February 2008 at 13:08

E-cheques to Pace up Clearance"Get a cheque cleared in one day" This is not an illusion.In Mumbai, Faster clearance will soon be possible by using an e-cheque, which is an image of the real one. Cheques will not have to be physically moved from

Posted in Others | 3786 Views

New President & New Vice President

05 February 2008 at 13:08

Mr Ved Jain has been elected as the new President,ICAI & Mr Uttam Prakash Agarwal has been elected as the new Vice President,ICAI for the year 2008-09

Posted in Others | 2 comments | 4635 Views

Extension of Time for Filing of TDS/TCS Returns

05 February 2008 at 13:03

CBDT has extended the due date for filing of quarterly statements of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) for the quarter ending 30th September 2007 to 29th February 2008No.402/92/2006-MC (07 of 2008)Government of India / Mi

Posted in Income Tax | 1 comments | 5361 Views

Tax payment facility liberalized in calcutta

04 February 2008 at 16:28

TAX PAYMENT FACILITY LIBERALIZED IN CALCUTTA A large taxpayer unit would be initiated in Calcutta. As according to Chidambaram, company such as MRF used to pay its various taxes at around 100 places and jurisdictions across the country,which is a hin

Posted in Income Tax | 2625 Views

Service tax rate may remain unchanged

04 February 2008 at 13:43

Budget 2008is likely to spare people a hike in the service tax rate. Under considerablepressure to deliver a people-friendly Budget, the government may leave theservice tax rate unchanged, though some more services like business classdomestic air tra

Posted in Service Tax | 5007 Views

FM soughts suggestions for Budget

02 February 2008 at 09:54

CONSULTATIVE COMMITTEE OF FINANCE MINISTRY MEETSFM SOUGHT SUGGESTIONS FOR THE BUDGET FROM THE MEMBERS16:16 ISTThis year's first Meeting of the Parliamentary Consultative Committee attached to Finance Ministry was held here today under the Chairmanshi

Posted in Income Tax | 4899 Views

Amendment in Securities Contract regulations

02 February 2008 at 09:50

AMENDMENT TO SECURITIES CONTRACTS (REGULATION) RULES PROPOSED18:45 IST Based on a review, Government has proposed to amend the Securities Contracts (Regulation) Rules, 1957 (SCRR) for both initial and continuous listing requirements of companies i

Posted in Shares & Stock | 7089 Views

FM clarification on Budget

31 January 2008 at 11:56

CLARIFICATION ON FM'S QUOTE 17:47 IST Ministry of Finance stoutly denies the PTI report to the effect that the Finance Minister has indicated that the Budget could be harsh on the people. At a function on 29th January, there was a light hearted quest

Posted in Others | 5856 Views

ICAI fair puts CAs on career fast track

29 January 2008 at 09:39

ICAI fair puts CAs on career fast track28 Jan, 2008, 0232 hrs IST, Mitul Thakkar, TNN AHMEDABAD: Get ready to pamper your chartered accountant. For, he might just leave for greener pastures. And the platform is being provided by none other than

Posted in Others | 10260 Views