| High Powered Committee Set up by The ICAI Posted: 30 Apr 2010 02:15 AM PDT 
The Government has informed the Parliament that the Institute of Chartered Accountants of India (ICAI) in terms of Section 17(2) of the Chartered Accountants Act, 1949 constituted a fact finding Committee called High Powered Committee to look into... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Central Excise Notification No. 19/ 2010-Central Excise (N.T.)- Amending Notification No. 49/2008-Central Excise (N.T.), dated the 24th December, 2008 Posted: 30 Apr 2010 01:59 AM PDT 
Parts, components and assemblies of goods falling under tariff item 8426 41 00, headings 8427, 8429 and sub-heading 8430 10 [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| RBI circular on List of Credit Information Companies Posted: 30 Apr 2010 01:53 AM PDT 
In this connection, we advise that apart from Credit Information Bureau of India Ltd., (existing credit information company in operation since January 2001) DBOD has recently issued certificate of registration to Experian Credit Information Company... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Exchange Rate notification for Import / Export of goods with effect from 1st May, 2010 Posted: 30 Apr 2010 01:41 AM PDT 
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.26/2010-CUSTOMS (N.T.), dated the 29th... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| ICAI eyeing work opportunities abroad for its members Posted: 30 Apr 2010 01:36 AM PDT 
India chartered accountants eyeing work opportunities abroad will soon be spoilt for choice, with their nodal agency, the Institute of Chartered Accountants of India, negotiating with its counterparts in Canada, Singapore and Ireland to allow the... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Institute of Company Secretaries of India to come out with new secretarial standard Posted: 30 Apr 2010 01:30 AM PDT 
To strengthen corporate governance practices, the Institute of Company Secretaries of India will soon come out with a new secretarial standard asking a director of a company to disclose his transactions with other entity in which he has financial... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Government agencies fully authorised to tap the phones of suspected tax evaders Posted: 30 Apr 2010 12:50 AM PDT 
Home minister P Chidambaram clarified in Parliament on Thursday that government agencies were fully authorised to tap the phones of suspected tax evaders. Chidambaram said the Central Board for Direct Taxes (CBDT) and other enforcement agencies were... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Bill to enable CAs, Company Secretaries and Cost Accountants to form LLP Posted: 30 Apr 2010 12:11 AM PDT 
Government on 28.04.2010 introduced in the Rajya Sabha three bills to enable CAs, Company Secretaries and Cost Accountants to form limited liability partnership firms in line with global practices. [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Govt Identifies SAR of Hong Kong for Double Taxation Avoidance Agreement Posted: 30 Apr 2010 12:07 AM PDT 
The Central Government have notified the "Hong Kong Special Administrative Region of the People's Republic of China" as 'specified territory' for the purpose of Explanation 2 to Section 90 of the Income Tax Act 1961 vide Notification No. 25 of 2010... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| MCA asks ICAI to make IFRS training affordable Posted: 30 Apr 2010 12:03 AM PDT 
Secretary, Ministry of Corporate Affairs, asks ICAI to make affordable the training being imparted to professionals for converging Indian Accounting Standards with IFRS [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Service tax on air travel not to impact adversely: Finance Minister Posted: 29 Apr 2010 11:58 PM PDT 
Finance minister Pranab Mukherjee on Thursday said service tax on air travel will not have any adverse impact as it is not linked to fare and has been capped at Rs 100 for domestic travel and Rs 500 for international travel. [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Over 3.7 lakh companies not filed annual returns and balance sheets with ROC Posted: 29 Apr 2010 11:49 PM PDT 
Over 3.7 lakh companies have not filed annual returns and balance sheets, which is mandatory under the Companies Act, for the fiscal year 2008-09, Parliament was informed on Friday. [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Finance Bill 2010-11: Construction Industry gets service tax concession Posted: 29 Apr 2010 11:42 PM PDT 
In a relief to realty sector and home buyers, Finance Miniser Pranab Mukherjee on Thusday announced tax concessions to the construction sector, which was brought under the ambit of service tax in this year's Budget. [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Important Announcement – May 2010 Examination – CA Final (New) and (Old) on Accounting Standards – AS-30, 31 & 32 Posted: 29 Apr 2010 11:36 PM PDT 
Queries are being received from various quarters as to whether in today's context, Accounting Standard(AS)-30, Accounting Standard(AS)-31 and Accounting Standard(AS)-32 are required to be studied thoroughly for the examinations of the Institute, as... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
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