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  • Posted Date : 25-Jun-2015 , 10:34:12 pm | Posted By CASANSAAR

    Most professionals in the country are happy in their current jobs but at the same time are open to exploring new job opportunities, a report says.  According to LinkedIn's 2015 Talent Trends India Report, 55 per cent of Indian professionals define their job search as "passively look...

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  • Posted Date : 25-Jun-2015 , 09:25:54 pm | Posted By CASANSAAR

    For the third time, the Reserve Bank of India on Thursday extended the deadline for exchanging pre-2005 currency note by six months to December 31, 2015. With less than a week left for the last day to exchange all pre-2005 currency notes, including those of Rs 500 and Rs 1,000 denominations, the ...

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  • Posted Date : 25-Jun-2015 , 08:01:23 am | Posted By CASANSAAR

    Seeking to allay concerns of taxpayers, CBDT has asked them not to get terrorised by threats of their cases being wilfully chosen for "scrutiny" by the taxman as the procedure is fully electronic and devoid of any human intervention. The taxman is empowered to undertake a scrutiny proce...

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  • Posted Date : 24-Jun-2015 , 07:55:46 am | Posted By CASANSAAR

    The Income tax department has notified a new, more simplified, set of ITR forms for taxpayers to file their returns for assessment year 2015-16, wherein it has done away with intrusive details such as the number of foreign trips and bank account balances that assessees were expected to furnish earli...

    Continue Reading... Category : ITR | Comments : 0 | Hits : 1319


  • Posted Date : 24-Jun-2015 , 07:44:08 am | Posted By CASANSAAR

    Ushering in a wave of technology-driven reforms, regulator Sebi on Tuesday allowed startups to list and raise funds with an easier set of norms within India, while it made investments cheque-free for all IPOs. Besides, the regulator also fast-tracked the process of raising funds for companies thr...

    Continue Reading... Category : SEBI | Comments : 0 | Hits : 463


  • Posted Date : 24-Jun-2015 , 07:32:56 am | Posted By CASANSAAR

    The Income Tax Department has provided free return preparation software in the downloads page as well as facility for online ITR submission for ITR 1 & ITR 4S which are fully compliant with data quality requirements. However, there are commercially available software or websites that offer re...

    Continue Reading... Category : ITR | Comments : 0 | Hits : 1650


  • Posted Date : 24-Jun-2015 , 07:26:57 am | Posted By CASANSAAR

    Software for preparing ITR 1 & ITR 4S in Java, Excel & Online for AY 2015-16 are now available for e-Filing. ITR 1 & ITR 4S can also be filled and submitted online after logging to the e-Filing website. E-filing of ITRs 2 and 2A will be enabled shortly. (www.incometaxindiaefiling.gov.in...

    Continue Reading... Category : ITR | Comments : 1 | Hits : 1262


  • Posted Date : 23-Jun-2015 , 09:28:28 pm | Posted By CASANSAAR

    S.O. 1660 (E).– In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-  1. (1) These rules may be called the Income-tax (8th Am...

    Continue Reading... Category : ITR | Comments : 0 | Hits : 1248


  • Posted Date : 23-Jun-2015 , 06:21:42 am | Posted By CASANSAAR

    Auditors of companies may soon be required to alert the authorities in case of any fraud involving a sum of at least Rs 1 crore or 10% of a company's turnover. This mandatory reporting is part of an early warning system being put in place by the government to prevent recurrence of a Satyamlike a...

    Continue Reading... Category : MCA | Comments : 0 | Hits : 782


  • Posted Date : 23-Jun-2015 , 06:08:04 am | Posted By CASANSAAR

    Retirement fund body Employee Provident Fund Organisation (EPFO) notified on Monday, an order to make Universal Account Number (UAN) mandatory for all employers covered under the Employees Provident Funds and Miscellaneous Provisions Act 1952. "We have notified the draft order to make UAN co...

    Continue Reading... Category : General | Comments : 0 | Hits : 573


  • Posted Date : 22-Jun-2015 , 09:38:11 pm | Posted By CASANSAAR

    The Narendra Modi government on Monday proposed income tax benefits for people making payments through credit or debit cards and doing away with transaction charges on purchase of petrol, gas and rail tickets with plastic money. In a draft paper for moving towards cashless economy and reduce tax ...

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  • Posted Date : 22-Jun-2015 , 08:22:15 am | Posted By CASANSAAR

    Country's top stock exchange National Stock Exchange, NSE, will introduce an overnight liquid transaction facility on its web-based Mutual Fund platform, from today. The facility will enable traders, especially small investors, to invest even for a single night in liquid funds. A similar product...

    Continue Reading... Category : Shares & Stock | Comments : 0 | Hits : 691


  • Posted Date : 21-Jun-2015 , 01:15:55 pm | Posted By CASANSAAR

    Only 10 days are left to exchange pre-2005 currency notes, including those of Rs 500 and Rs 1,000 denominations, at banks as the deadline to do so is ending on June 30. Seeking cooperation for withdrawing pre-2005 currency notes from circulation, the RBI has asked the public to deposit the old de...

    Continue Reading... Category : General | Comments : 0 | Hits : 763


  • Posted Date : 20-Jun-2015 , 09:18:02 am | Posted By CASANSAAR

    The Companies Law Committee set up by the Government to make recommendations on issues arising from the implementation of the Companies Act, 2013 invites comments/suggestions to assist its deliberations. Suggestions/ comments may kindly be sent only through the Ministry of Corporate Affairs&rsquo...

    Continue Reading... Category : Companies Act | Comments : 0 | Hits : 608


  • Posted Date : 20-Jun-2015 , 08:48:48 am | Posted By CASANSAAR

    NGOs in India will have to provide the Home Ministry with details of their social media accounts. The amendment to the Foreign Contribution Rules of 2011 states that the government will have to be told about the social media accounts being run by the NGOs. Further the government would expect t...

    Continue Reading... Category : NGO | Comments : 0 | Hits : 774


  • Posted Date : 20-Jun-2015 , 08:44:23 am | Posted By CASANSAAR

    CA Nilesh Shivji Vikamsey has been appointed as part-time Chairman of Federal Bank. Vikamsey, who will assume office tomorrow, succeeds Abraham Koshy, who retired from the Board of Federal Bank last month on completion of his term of eight years. "...RBI has accorded its approval, for app...

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  • Posted Date : 19-Jun-2015 , 08:18:06 am | Posted By CASANSAAR

    In a first for the city, Delhi government's Value Added Tax department has decided to bring all big and small players on e-commerce platforms under the scanner to check evasion of tax. A notification is under way to make it mandatory for all online portals like Flipkart and Snapdeal to file t...

    Continue Reading... Category : VAT | Comments : 0 | Hits : 1755


  • Posted Date : 18-Jun-2015 , 08:14:18 am | Posted By CASANSAAR

    Railways to hire Big4 Audit Firms to rationalize staff strength. The railways has taken the first step in its bold decision to rationalize staff strength with the state-run transporter shortlisting four private audit companies to initiate the move.  One of the four private companies short...

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  • Posted Date : 18-Jun-2015 , 07:23:29 am | Posted By CASANSAAR

    Bandhan Financial Services Pvt. Ltd will start full-fledged commercial banking operations on 23 August. Kolkata-based Bandhan got the final Reserve Bank of India (RBI) approval to start commercial banking operations on Wednesday. So far, it had “in principle” approva...

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  • Posted Date : 18-Jun-2015 , 07:09:38 am | Posted By CASANSAAR

    Finance Minister has approved the formation of 2 Committees for facilitating implementation of Goods and Services Tax from 1.4.2016.  A Steering Committee been formed under the Co-Chairmanship of Additional Secretary, Department of Revenue and Member Secretary, Empowered Committee of State F...

    Continue Reading... Category : GST | Comments : 0 | Hits : 478


  • Posted Date : 17-Jun-2015 , 09:28:03 pm | Posted By CASANSAAR

    In Haryana, fake currency worth more than a crore has been recovered from an HDFC bank chest located on Golf Course Road at Gurgaon. An FIR has been lodged on the complaint of the chest manager Umesh Sharma at the Sushant Lok police station. The bank has submitted currency notes worth Rs 1,04,76,...

    Continue Reading... Category : Black Money | Comments : 0 | Hits : 952


  • Posted Date : 17-Jun-2015 , 09:23:14 pm | Posted By CASANSAAR

    An ordinance that will allow filing of cheque bounce case at the place where the cheque was presented for clearance has been promulgated by President Pranab Mukherjee. The President has promulgated the Negotiable Instruments (Amendment) Ordinance, 2015, on Monday that will help lakhs of persons b...

    Continue Reading... Category : Corporate Law | Comments : 0 | Hits : 373


  • Posted Date : 17-Jun-2015 , 01:40:23 pm | Posted By CASANSAAR

    A new “smart and intelligent” database is being set up in the Income Tax department to help check tax evasion, a “menace” that is “spoiling” compliance culture, a top CBDT official said today. The database will immensely improve “mining” of data a...

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  • Posted Date : 17-Jun-2015 , 01:36:01 pm | Posted By CASANSAAR

    The standards adopted by the Reserve Bank of India (RBI) with regard to risk-based capital requirements are 'compliant' with minimum Basel capital standards, the central bank said on Tuesday. RBI in a release said that the Basel Committee on Banking Supervision (BCBS) under th...

    Continue Reading... Category : RBI | Comments : 0 | Hits : 317


  • Posted Date : 17-Jun-2015 , 01:31:53 pm | Posted By CASANSAAR

    The Securities and Exchange Board of India (Sebi) issued a circular on detailed disclosure norms for listed firms while exercising employee stock options programmes (Esop) to address concerns regarding potential market abuse. The norms stipulate that the compensation committee constituted by comp...

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  • Posted Date : 17-Jun-2015 , 01:27:04 pm | Posted By CASANSAAR

    In a breather for investors, Central Board of Direct Taxes, CBDT said taxmen will not resort to coercive methods to recover dues towards Minimum Alternate Tax, MAT on capital gains made by Foreign Institutional Investors. The Board said it will wait for the Supreme Court order on the issue. CBDT Cha...

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  • Posted Date : 16-Jun-2015 , 08:59:38 am | Posted By CASANSAAR

    CBDT transferred 240 Principal Commissioners of Income Tax. In a major reshuffle of senior Indian Revenue Service (IRS) officers across the country, the Central Board of Direct Taxes (CBDT) on Monday transferred 240 Principal Commissioners of Income Tax (PCIT). The transfer comes in the ba...

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  • Posted Date : 15-Jun-2015 , 10:21:12 pm | Posted By CASANSAAR

    Admit Cards for the Information Systems Audit Assessment Test (ISA-AT) scheduled to be held on 27th June, 2015 have been hosted at http://isaat.icaiexam.icai.org. Please visit the site and download the same. CA EXAM DEPTT....

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  • Posted Date : 15-Jun-2015 , 09:03:36 am | Posted By CASANSAAR

    CASANSAAR had launched the CASANSAAR Free Placement Cell for CA, CS, CMAs. This Cell will assist Job Seekers & Job Recruiters for best fit..   If you have requirement of CA / CS / CMA's in your office / Firm / Company then you can contact CA...

    Continue Reading... Category : CA | Comments : 0 | Hits : 1794


  • Posted Date : 15-Jun-2015 , 08:47:29 am | Posted By CASANSAAR

    In a first for state-owned banks, candidates from private sector banks have been shortlisted for interviews, for the post of chief executive officer (CEO) and managing director (MD) at five large banks, beginning Monday. As many as 26 candidates, including executives from private sector banks, ar...

    Continue Reading... Category : Income Tax | Comments : 0 | Hits : 582


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