-
Posted Date : 08-Jun-2014 , 09:23:22 pm | Posted By CASANSAAR
Amidst concerns over rising bad loans, Finance Minister Arun Jaitley will hold pre-budget consultations with heads of banks and financial institutions on June 10 to deal with the situation. Meeting with CMDs and CEOs of banking and financial institutions is scheduled for Tuesday, a day after the Fi...
Continue Reading... Category : Budget | Comments : 0 | Hits : 607
-
Posted Date : 08-Jun-2014 , 09:02:47 am | Posted By CASANSAAR
The Income Tax department has issued a notice to Chief Election Commissioner (CEC) V S Sampath in connection with the sale of a property in Hyderabad and acquiring a new residential property in Delhi with that money. The notice, issued by the intelligence wing of the department, has detecte...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 865
-
Posted Date : 07-Jun-2014 , 09:00:10 am | Posted By CASANSAAR
In the next two years, India may require 30 lakh cost accountants to meet the fast-tracking growth of companies, according to P. Raju Iyer, chairman of the Southern India Regional Council of the Institute of Cost Accountants of India. He made the observation after signing a Memorandum of Un...
Continue Reading... Category : ICAI | Comments : 1 | Hits : 1836
-
Posted Date : 06-Jun-2014 , 09:01:21 am | Posted By CASANSAAR
Capital markets regulator Sebi on Thursday cracked whip on a scam wherein 'trading tips' were being offered through mobile SMSs and WhatsApp messages by unregistered investment advisors while promising guaranteed returns of as much as 200%. In an interim order passed on Thursday, Sebi...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 1099
-
Posted Date : 05-Jun-2014 , 06:26:38 pm | Posted By CASANSAAR
* Minimum salary limit for Profession Tax increased to Rs 7,500 from Rs 5,000. * Turn over limit for registration under VAT increased to Rs 10 lakh from Rs 5 lakh * Tax rate on cotton reduced to 2% from 5% * Sugarcane purchase tax exempted for 2013-14 * Sales/Lease ...
Continue Reading... Category : Budget | Comments : 1 | Hits : 1052
-
Posted Date : 05-Jun-2014 , 06:15:09 pm | Posted By CASANSAAR
The assembly poll bound Congress-NCP government in Maharashtra on Thursday presented an additional budget for 2014-15 projecting a revenue deficit of Rs 4,103 crore against Rs 3,017 crore in 2013-14. The proposed revenue deficit is 0.2% of the gross state domestic product (GSDP). The fisc...
Continue Reading... Category : Budget | Comments : 0 | Hits : 712
-
Posted Date : 05-Jun-2014 , 01:14:20 pm | Posted By CASANSAAR
Seeking a comprehensive review of the new Companies Act, industry body CII today said that an "unclear and cumbersome" law would make things worse for the corporates. "The government needs to trust industry. One or two incidence of corporate malfeasance should not lead to mistrust of the entire spe...
Continue Reading... Category : Corporate Law | Comments : 0 | Hits : 956
-
Posted Date : 05-Jun-2014 , 07:03:24 am | Posted By CASANSAAR
The Indian Institute of Corporate Affairs and Grant Thornton India LLP have signed a memorandum of understanding. The objective of the MoU which was signed yesterday in Delhi is to develop capacity of the Indian companies for effective implementation of the CSR Rules laid down as per Section 13...
Continue Reading... Category : Corporate Law | Comments : 0 | Hits : 992
-
Posted Date : 05-Jun-2014 , 06:50:09 am | Posted By CASANSAAR
Finance Minister Arun Jaitley, who is expected to present his maiden Budget in the first week of July, is all set to begin pre-budget consultations with various stakeholders beginning Thursday. To begin with, Jaitley will hold consultations with the farm sector, which is facing uncertaintie...
Continue Reading... Category : Finance | Comments : 0 | Hits : 611
-
Posted Date : 04-Jun-2014 , 08:49:41 am | Posted By CASANSAAR
CASANSAAR thrilled to announce the launch of 200th Professional Website. Many thanks to all users for their faith in CASANSAAR. Heartiest thanks to the lucky CA.Suresh Sethi for getting developed 200th website (www.casureshsethi.com) by CASANSAAR. CASANSAAR is...
Continue Reading... Category : General | Comments : 0 | Hits : 381
-
Posted Date : 04-Jun-2014 , 08:07:17 am | Posted By CASANSAAR
Capital market regulator, Sebi, has prohibited lenders and borrowers from entering into a direct agreement under theSecurities Borrowing and Lending framework. Instead, the agreement will now be between the Authored Intermediary and the Clearning Members. “The Author...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 492
-
Posted Date : 03-Jun-2014 , 03:29:02 pm | Posted By CASANSAAR
ANNOUNCEMENT No Change in the date of examination scheduled for 3rd & 4th June, 2014 Certain enquiries are being received as regard to the holding of examinationon 3rd & 4th June, 2014. In this connection, attention of the candidates of CA Examinations May, 2014and other s...
Continue Reading... Category : Students Zone | Comments : 0 | Hits : 612
-
Posted Date : 03-Jun-2014 , 03:25:41 pm | Posted By CASANSAAR
A strong rupee has emboldened Reserve Bank of India to relax some of the foreign exchange related restrictions including the individual overseas remittance limit of $75000 per year which has been hiked to $125000. The central bank has also allowed foreign institutional investors to hedge upto 110% ...
Continue Reading... Category : RBI | Comments : 0 | Hits : 499
-
Posted Date : 03-Jun-2014 , 11:35:52 am | Posted By CASANSAAR
In line with market expectations, the Reserve Bank of India on Tuesday kept key rates unchanged. While the repo rate was maintained at 8% and reverse repo rate at 7%, the SLR was cut by 50 basis points. Rajan kept the policy rate unchanged at 8 per cent at th...
Continue Reading... Category : RBI | Comments : 0 | Hits : 506
-
Posted Date : 03-Jun-2014 , 08:26:29 am | Posted By CASANSAAR
Bharatiya Janata Party (BJP) has appointed Ernst & Young (EY) to audit spending by advertising, media planning and buying and other communication agencies that crafted and rolled out its advertising and marketing campaign for the 2014 Lok Sabha elections. Further, EY has also been tasked to...
Continue Reading... Category : Auditing | Comments : 1 | Hits : 993
-
Posted Date : 02-Jun-2014 , 09:55:43 pm | Posted By CASANSAAR
The Institute of Company Secretaries of India has already represented to the Ministry of Corporate Affairs to bring private limited companies under the ambit of secretarial audit under the new Companies Act, its president R Sridharan said here today. Speaking to reporters here, he said the priv...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 858
-
Posted Date : 02-Jun-2014 , 09:15:57 pm | Posted By CASANSAAR
31st May 2014 It has been decided to introduce a mechanism to obtain the feedback of the candidates who appear in the CA examinations, on the question papers in CA examinations, with effect from May 2014 examinations.Candidates can bring to the notice of the Examination Department, their obse...
Continue Reading... Category : Students Zone | Comments : 0 | Hits : 934
-
Posted Date : 02-Jun-2014 , 08:20:16 am | Posted By CASANSAAR
The government can rake in more than Rs 50,000 crore through stake sales in about 30 PSUs, if a new Sebi proposal requiring minimum 25 per cent public holding in all listed firms passes muster with the Finance Ministry. While private sector listed companies are already required to maintain ...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 406
-
Posted Date : 01-Jun-2014 , 10:16:34 pm | Posted By CASANSAAR
Overseas investors pumped in nearly 34,000 crore rupees in the Indian market last month on hopes that the new government at the Centre would push reforms and spur economic growth. As per the data compiled by capital markets regulator SEBI, net investment by FIIs into Indian equities in May...
Continue Reading... Category : Shares & Stock | Comments : 0 | Hits : 350
-
Posted Date : 01-Jun-2014 , 11:07:49 am | Posted By CASANSAAR
Auditors are now more than watchdogs and have a role of being conscience-keepers, according to experts at the sixth international conference of the Muscat chapter of the Institute of Chartered Accountants of India that concluded on Saturday. The role was increasingly challenging in the ...
Continue Reading... Category : Auditing | Comments : 0 | Hits : 683
-
Posted Date : 31-May-2014 , 08:53:28 am | Posted By CASANSAAR
The Cabinet has cleared the finance ministry's proposal to withdraw conciliationoffer given to Vodafone for resolving the Rs 20,000 crore tax row with UK-based telecom company. "The Cabinet in its last meeting on May 15 has cleared withdrawal of conciliation off...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 384
-
Posted Date : 30-May-2014 , 02:39:54 pm | Posted By CASANSAAR
30th May 2014 Admit cards in respect of all candidates admitted to the Common Proficiency Test (CPT) June 2014 examination, with their photographs and signatures on them, are hosted on www.icai.nic.in. Candidates may print their admit cards from the said website. For downloading/printing of the adm...
Continue Reading... Category : Students Zone | Comments : 0 | Hits : 271
-
Posted Date : 30-May-2014 , 02:39:01 pm | Posted By CASANSAAR
May 28, 2014 Subject: Zone-shifting of candidates for 22nd June - 2014 CPT Due to paucity of accommodation in certain Zones opted by the candidates in the cities of Chennai, Hyderabad and Indore, some of the candidates have been allotted examinations centres in the zone other tha...
Continue Reading... Category : Students Zone | Comments : 0 | Hits : 175
-
Posted Date : 30-May-2014 , 02:10:55 pm | Posted By CASANSAAR
Shares of Jammu Kashmir Bank hit 20 per cent lower circuit in trade after a media report alleged that some of the directors and officers at the bank were not declaring all the non-performing and stressed assets in its loan book. According to the report, the bank has not classified the loan amou...
Continue Reading... Category : Auditing | Comments : 0 | Hits : 456
-
Posted Date : 30-May-2014 , 08:43:33 am | Posted By CASANSAAR
In a step to help public sector banks to recover bad loans, the Finance Ministry has asked the Income Tax Department to share details of defaulters’ wealth tax returns with public sector banks (PSBs) if they ask for such information. The Ministry, in a communication to Commissioners o...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 562
-
Posted Date : 30-May-2014 , 08:40:45 am | Posted By CASANSAAR
India's new government, led by pro-business Prime Minister Narendra Modi, wants regulators to issue more banking licenses to make the country's financial-services industry more competitive, the head of the Department of Financial Services said Thursday. G.S. Sandhu, speaking to reporters af...
Continue Reading... Category : Banking | Comments : 0 | Hits : 435
-
Posted Date : 30-May-2014 , 08:29:06 am | Posted By CASANSAAR
In a major policy initiative, the Narendra Modi government is proposing to raise FDI in defence sector to 100 per cent through the approval route. "The Commerce and Industry ministry has circulated a Cabinet note for inter-ministerial consultation," sources said. The proposal to ra...
Continue Reading... Category : Finance | Comments : 0 | Hits : 395
-
Posted Date : 30-May-2014 , 08:23:20 am | Posted By CASANSAAR
Emphasising that all listed companies should be meted out equal treatment, Sebi Chairman U K Sinha today pitched for minimum 25 per cent public shareholding for PSUs. At present, private sector companies are compulsorily required to have at least 25 per cent public shareholding, while for governmen...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 417
-
Posted Date : 29-May-2014 , 08:32:55 am | Posted By CASANSAAR
The Reserve Bank of India has directed banks to convert credit balances in any inoperative foreign currency (FC) denominated deposit into Indian rupee if the former remains not in use for three years from the date of maturity of deposit. Thereafter, the depositor shall be entitled to claim ...
Continue Reading... Category : RBI | Comments : 0 | Hits : 537
-
Posted Date : 29-May-2014 , 08:29:37 am | Posted By CASANSAAR
The Narendra Modi-led NDA government plans to introduce the Goods and Services Tax this year itself, and is set to get the process rolling during the Monsoon Session of Parliament. For this, finance minister Arun Jaitley has sought a separate session with his officials on the status and con...
Continue Reading... Category : GST | Comments : 0 | Hits : 1168
- Income Tax Dept serves notices to salaried individuals for documentary proof to claim exemptions
- Bank Branch Audit 2021 - Update on allotment of Branches
- Bank Branch Audit 2020 Updates
- Bank Branch Audit 2021 Updates
- Bank Branch Audit 2020 - Update on Allotment of Branches
- Police Atrocities towards CA in Faridabad - Its Time to be Unite
- Bank Branch Statutory Audit Updates 2019
- Bank Branch Statutory Audit Updates
- Bank Branch Audit 2022 Updates
- Bank Branch Statutory Audit Updates
- NFRA Imposes Monetary penalty of Rs 1 Crore on M/s Dhiraj & Dheeraj
- ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
- NFRA debars Auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases
- GST Important Update - Enhancement in the GST Portal
- NFRA Slaps Rs 5 lakh Penalty on Audit Firm for lapses in Vikas WSP Audit Case
- CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- RBI comes out with FEMA regulations for direct listing on international exchange
- RBI directs payment firms to track high-value, fishy transactions during elections
- NCLT orders insolvency proceedings against Subhash Chandra
- Income Tax dept starts drive to dispose of appeals, 0.54 million at last count
- Payment of MCA fees –electronic mode-regarding
- Budget '11-12' Parliament Completes Approval Exercise
- Satyam restrained from operating its accounts
- ICICI a foreign firm, subject to FDI norms: Govt
- Maha expects Rs 15 crore entertainment tax revenue from IPL
- CAG blames PMO for not acting against Kalmadi
- No service tax on visa facilitators: CBEC
- Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations
- Companies Bill to be taken up in Monsoon Session
- File Service Tax Return in time as Maximum Penalty increased 10 times to Rs. 20000
Professional News For CA,CS,CMA.Fresh Accounting News Articles On Income Tax,Service Tax,Sales Tax, Vat,Company Law,RBI,CAG,Custom,Excise On CASANSAAR
