CAclubindia News


RBI gives advisory regarding Coins of 25 Paise and below

 02 April 2011 at 13:03

Coins of 25 Paise and below – Withdrawal from Circulation RBI/2010-11/458 UBD.CO.BPD(PCB) Cir.No.42 /09.73.000/2010-11 March 29, 2011 The Chief Executive Officers, All Primary Urban Co-operative Banks Madam/ Dear Sir, Coins of 25 Paise

Posted in Community & General |   8820 Views


Post Budget Changes in Service Tax

 01 April 2011 at 23:07

Post Budget Changes in Service Tax The Point of Taxation Rules, 2011 notified through Budget Notification No. 18/2011 ST dated 1st March, 2011 led to a number of issues which the Government assured would be looked into. Some relief has been exte

Posted in Service Tax |   3 comments |   20883 Views


Extension of Common Proficiency Course (CPC) Registration date till 5th April, 2011

 01 April 2011 at 16:52

Extension of Common Proficiency Course (CPC) Registration date till 5th April, 2011 In view of the Bank Holiday on 1st April, 2011, last date for registration to Common Proficiency Course (CPC) is extended upto 5th April, 2011 for being eligibl

Posted in Students |   6084 Views


Income-tax (Second Amendment) Rules, 2011 - Substitution of rule 28AA and Form No. 13 in Appendix II and amendment in rule 31A

 01 April 2011 at 12:21

Income-tax (Second Amendment) Rules, 2011 - Substitution of rule 28AA and Form No. 13 in Appendix II and amendment in rule 31A NOTIFICATION NO. 16/2011 [F.NO. 133/11/2011-SO(TDL)/S.O. NO. 647(E) DATED 29-3-2011 S.O. 647 (E).� In exercise of

Posted in Income Tax |   21546 Views


Amendments in Point of Taxation Rules, 2011 and other related provisions

 01 April 2011 at 12:03

Amendments in Point of Taxation Rules, 2011 and other related provisions F.No.341/34/2010-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) ****** New Delhi dated the 31st March, 2011. To A

Posted in Service Tax |   1 comments |   4830 Views


Vodafone buys Essar's stake for $5 bn; may exceed FDI limit

 01 April 2011 at 12:11

Vodafone buys Essar's stake for $5 bn; may exceed FDI limit UK-based Vodafone on Thursday acquired 33 per cent stake of its Indian partner Essar in the joint venture Vodafone Essar for USD 5 billion and may go for a new ally or opt for publi

Posted in Community & General |   3516 Views


CAs exempted from collecting service tax on accrual basis

 01 April 2011 at 12:06

Notification No.25/2011 - Service Tax Ministry of Finance has today issued the above Notification amending Point of taxation Rules, 2011. Rules 7 has been substituted by a new Rule whereby, point of taxation in respect specified service providers w

Posted in Service Tax |   11595 Views


Facility of Income Tax Payment Through ATMs by Union Bank of India Launched

 01 April 2011 at 12:12

Facility of Income Tax Payment Through ATMS by Union Bank of India Launched The Minister of State for Finance Shri Namo Narain Meena launched facility of Income Tax payment through ATMs by Union Bank of India here today. Senior officials from Minist

Posted in Income Tax |   3858 Views


Creation of seven posts of Indirect Tax Ombudsman

 01 April 2011 at 12:12

The Union Cabinet today approved creation of seven posts of Indirect Tax Ombudsman to be located at Delhi, Mumbai, Chennai, Calcutta, Bangalore, Ahmedabad and Lucknow in the HAG + scale of Rs.75,500-80,000/- and the supporting staff. The Indirect Ta

Posted in VAT |   1 comments |   21303 Views


Tax Exemption under section for the ICC Cricket World Cup 2011

 01 April 2011 at 12:12

Tax Exemption under section for the ICC Cricket World Cup 2011 The Union Cabinet today approved the proposal of Ministry of Finance for exempting ICC Cricket World Cup 2011 from income tax under section 10(39) of the Income Tax Act 1961 in respe

Posted in Income Tax |   6237 Views



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