Customs duty collection of India grew by 32.8% to Rs 18,116 crore in September 2014, indicating that domestic economy and investment cycle may have turned with increased non-oil imports contributing to the rise in collections. However, 0.4% decrease in excise collections to…
Company Law Settlement Scheme, 2014 extended upto 15th November, 2014
The Ministry of Corporate Affairs has issued a circular no. 40/2014 dated 15th October, 2014 and has extended the due date of filing of annual returns and accounts under the Company Law Settlement Scheme, 2014 upto 15th November, 2014 which…
OPEN BOOK EXAMINATION FOR COMPANY SECRETARIES, EXECUTIVE PROGRAMME
The Institute of Company Secretaries Of India (ICSI) has decided to introduce Open Book Examination (OBE) in all the above five elective subjects from June 2014 onwards. However, in all other subjects/modules of Professional Programme (New Syllabus), students would continue…
Microsoft’s tax win to aid others exporting services from India
In a decision that nullified a R400-crore service tax demand on Microsoft India and could bring similar relief to scores of Indian companies providing marketing and technical support services to overseas firms, the Delhi Customs, Excise and Service Tax Tribunal…
Govt clears 25 FDI proposals worth Rs. 1,546.12 crore
The Government has cleared 25 Foreign Direct Investment proposals worth ₹1,546.12 crore which includes six related to single brand retail trade. Share on: whatsapp
Rise in indirect tax collections well below year’s 26% target
Indirect Tax collections rose 12.3 per cent in September over a year earlier, to Rs 48,012 crore as compared to Rs 42,738 crore in the same month last year, due to a big rise in customs duty collection. Share on:…
National Fisheries Development Board, Hyderabad invite proposal from Chartered Accountants’ Firms for Accounting and other Financial Services for the Financial Years 2015–16, 2016–17 and 2017–18
The details about the background of the Client Organisation, scope of work, terms of reference, and eligible criteria for selection of CA Firms are available in the website Share on: whatsapp
One Person Company- A way to Corporatization of a Proprietorship Concern
The JJ Irani Committee in its report in 2005 recognised the need for the small and private company to provide greater opportunity to them and freedom of operation to the small businesses. Now with Companies Act, 2013 the One Person…
Hosting of exemption(s) in a paper granted in Intermediate and Final examinations, valid for CA Exam November 2014 by ICAI
Exemption(s) in a paper(s) are granted to candidates of Intermediate and Final examinations, in terms of Regulation 37C(8) and Regulation 38C(6), respectively, of the Chartered Accountants Regulations 1988. The rules in this regard are provided in the Guidance Notes made available…
Final norms for payment banks next month may announced by RBI in next month
Reserve Bank of India’s (RBI) Deputy Governor S S Mundra has said the central bank plans to announce the final norms on small and payment banks next month. “We have received comments (on the discussion paper). Soon, in a month or…
REVISED MINIMUM RECOMMENDED SCALE OF FEES FOR THE PROFESSIONAL ASSIGNMENTS DONE BY THE CHARTERED ACCOUNTANTS
ICAI has recently announced the revised fees structure of the Professional Assignment done by Chartered Accountants. For details of the fees click of the following link:: Minimum Fees Structure Share on: whatsapp