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Posted Date : 21-Jul-2012 , 08:59:09 am | Posted By CASANSAAR
PAYMENT OF ANNUAL MEMBERSHIP AND CERTIFICATE OF PRACTICE FEE: The Annual Membership fee and Certificate of Practice fee for the year 2012-13 became due for payment w.e.f. 1st April, 2012. The last date for payment of annual membership fee was 30th June, 2012 which has now been extende...
Continue Reading... Category : ICSI | Comments : 0 | Hits : 843
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Posted Date : 21-Jul-2012 , 08:34:37 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) announced the following results on 19th July 2012. Chartered Accountants Final Examination held in May, 2012. Common Proficiency Test (Paper Pencil Mode) held on June 17, 2012. Since December1949, the Chartered Ac...
Continue Reading... Category : Students Zone | Comments : 2 | Hits : 7235
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Posted Date : 21-Jul-2012 , 08:31:08 am | Posted By CASANSAAR
Members are requested to remit the current year’s fee for continuance of membership – Associate/Fellow/Certificate of Practice as the case may be by 30th September 2012 as per following applicable schedule of fees. Particulars of Fees Annual &nb...
Continue Reading... Category : ICAI | Comments : 0 | Hits : 5110
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Posted Date : 20-Jul-2012 , 06:06:37 pm | Posted By CASANSAAR
Central Board of Direct Taxes (CBDT) vide its Notification No. 9/2012 dated 17th February, 2012 has exempted salaried employees from the requirement of filing the returns for assessment year 2012-13. The exemption is applicable only if all the following conditions are fulfilled:- • Employe...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 1055
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Posted Date : 20-Jul-2012 , 06:02:17 pm | Posted By CASANSAAR
Yoga guru Ramdev's aide Balkrishna was on Thursday arrested by the CBI after a non-bailable warrant was issued against him by a special court here in an alleged fake documents case. Ramdev is scheduled to start an agitation against corruption and blackmoney issue from August 9 at Ram Lila groun...
Continue Reading... Category : General | Comments : 0 | Hits : 510
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Posted Date : 20-Jul-2012 , 08:29:49 am | Posted By CASANSAAR
It is Our great pleasure to announce that, CAsansaar has come up with an another exclusive feature “CA FIRMS” for the Practicing Chartered Accountants. We have design this page specially for Practicing Chartered AccountantS, who can Submit the details of their firms through this...
Continue Reading... Category : ICAI | Comments : 0 | Hits : 978
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Posted Date : 19-Jul-2012 , 08:44:36 pm | Posted By CASANSAAR
The Ministry of Corporate Affairs has decided to invite views/suggestions from various Individuals/Experts/Institutions/Organizations interested in the subject matter of the proposed ‘Multistate Societies Registration Bill, 2012’. All those desirous of submitting views/suggestions m...
Continue Reading... Category : Corporate Law | Comments : 0 | Hits : 370
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Posted Date : 19-Jul-2012 , 07:58:21 pm | Posted By CASANSAAR
Insurance companies have come under the scanner of a government intelligence agency for allegedly evading service tax of over Rs 300 crore. The Directorate General of Central Excise Intelligence (DGCEI) has initiated a probe following complaints of the service tax evasion by various insurance provi...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 245
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Posted Date : 19-Jul-2012 , 07:46:40 am | Posted By CASANSAAR
The study was conducted across 500 corporates and banks in Delhi NCR, Mumbai, Chennai, Bangalore and Hyderabad. Women tax payees are better "tax planners" than men across the country, a study conducted by online-income tax filing-portal TaxSpanner has said. The study, conduct...
Continue Reading... Category : General | Comments : 0 | Hits : 485
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Posted Date : 19-Jul-2012 , 07:45:12 am | Posted By CASANSAAR
IT major Mahindra Satyam today said it has appointed T N Manoharan and Ravindra Kulkarni as additional directors on its Board. "TN Manoharan and Ravindra Kulkarni are co-opted as additional directors on the Board of the Company, wef July 18, 2012," Satyam Computer Services said in a filing ...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 427
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Posted Date : 19-Jul-2012 , 07:41:32 am | Posted By CASANSAAR
The Karnataka High Court has said that theIncome-tax Appellate Tribunal or ITAT does not have powers to stay the tax demands beyond 365 days, an order which is expected to have a wide bearing. The ruling of the High Court on July 5 in the case of Ecom Gill Cof...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 374
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Posted Date : 19-Jul-2012 , 07:36:13 am | Posted By CASANSAAR
The Ministry of Corporate Affairs has decided to further mandate the following select class of companies to file their Balance Sheet and Profit & Loss Account in XBRL mode for the financial year commencing on or after 1.4.2011 : (i) all companies listed with any Stock Exchange(s) in India a...
Continue Reading... Category : Corporate Law | Comments : 0 | Hits : 500
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Posted Date : 18-Jul-2012 , 11:42:24 pm | Posted By CASANSAAR
The Central Board of Excise and Customs (CBEC) has awarded the first set of authorised economic operator (AEO) certificates to three different entities. The AEO certificates were handed out to LG Electronics, Ennore Container Terminal and IBM by the CBEC Chairman, Mr S.K. Goel, at a function held a...
Continue Reading... Category : Excise | Comments : 0 | Hits : 303
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Posted Date : 18-Jul-2012 , 09:44:50 pm | Posted By CASANSAAR
To increase fund flow in the bond market, market regulator Sebi today issued guidelines allowing overseas individual investors to invest up to $ 1 billion in corporate bonds and debt schemes of mutual funds without any lock-in period."In consultation with the Government of India (GoI) and ...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 254
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Posted Date : 18-Jul-2012 , 09:41:35 pm | Posted By CASANSAAR
HSBC's staff in India have come under the scanner for deficiencies in their role as "offshore reviewers" of the global banking giant's compliance to safety mechanism against money laundering and terrorist financing. A probe by the US senate's permanent subcommittee on investigations f...
Continue Reading... Category : International Business | Comments : 0 | Hits : 284
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Posted Date : 18-Jul-2012 , 02:30:39 pm | Posted By CASANSAAR
Actor Rajesh Khanna has died at home in Mumbai. He was 69. Mr Khanna was suffering from cancer. Mr Khanna will be cremated tomorrow morning. His bungalow, Aashirwad, on Carter Road in Bandra has been cordoned off by the police.Mr Khanna had been hospitalized on June 23, when he was taken to Lil...
Continue Reading... Category : General | Comments : 0 | Hits : 403
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Posted Date : 18-Jul-2012 , 07:33:14 am | Posted By CASANSAAR
The income tax (I-T) department has cancelled the applications of three educational institutions seeking exemptions under the Section 10 (23C) IVa of the Income Tax Act as these educational institutions have a turnover of more than Rs 1 crore and still had not applied for exemptions under the releva...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 600
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Posted Date : 18-Jul-2012 , 07:31:35 am | Posted By CASANSAAR
The Corporate Affairs Ministry today said it has asked the Registrar of Companies (RoC) to look into the alleged financial irregularities of the mobile value-added services company OnMobile. "We are making some discreet inquiry. I don't know whether any fraud (financial...
Continue Reading... Category : Corporate Law | Comments : 0 | Hits : 320
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Posted Date : 18-Jul-2012 , 07:29:46 am | Posted By CASANSAAR
The government is considering an amendment in the Companies Act to support a recent notification by the Indian capital markets regulator Sebi that proposes to penalise companies saddled with adverse auditor remarks. Sebi has initiated a dialogue with the Ministry of Corporate Aff...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 356
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Posted Date : 18-Jul-2012 , 07:27:56 am | Posted By CASANSAAR
In a major boost to foreign investors’ sentiment, the Central Board of Direct Taxes (CBDT) is likely to come out with a circular to bring more clarity on indirect tax transfers under a particular merger or acquisition. The CBDT’s circular will be on Section 9 of the Income Tax Act. More...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 338
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Posted Date : 17-Jul-2012 , 10:15:38 pm | Posted By CASANSAAR
The Supreme Court has asked the Ruias owned Essar Oil to pay dues of Rs 1,000 crore as sales tax to the Gujarat government by July 30, following which the coercive action taken by Gujarat government to force immediate payment of the remaining principal amount ...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 299
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Posted Date : 17-Jul-2012 , 05:39:52 pm | Posted By CASANSAAR
IMPORTANT ANNOUNCEMENT In supersession of our announcement dated 11th July, 2012 on the likely date and timing of the declaration of the results of the Chartered Accountants Final examination held in May 2012 and of the Common Proficiency Test held in June 2012, this is to inform that due to unavoi...
Continue Reading... Category : ICAI | Comments : 0 | Hits : 2211
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Posted Date : 17-Jul-2012 , 08:49:33 am | Posted By CASANSAAR
The Institute of Cost Accountants of India (ICAI) is planning to set up 1,000 cost management accounting (CMA) support centres across the country in the next 12 months. “We are planning to open one centre in each district across the country. Around 300 such centres are ready to be lau...
Continue Reading... Category : ICWAI | Comments : 0 | Hits : 666
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Posted Date : 17-Jul-2012 , 08:38:55 am | Posted By CASANSAAR
The Institute of Chartered Accountants England and Wales, ICAEW, has announced scholarship scheme for Chartered Accountants in India to learn advanced professional skill development course. There are over 120-fully funded scholarships 40-each for Pune, Mumbai and Delhi based Chartered Acco...
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Posted Date : 17-Jul-2012 , 08:36:20 am | Posted By CASANSAAR
The government is considering an amendment in the Companies Act to support a recent notification by the Indian capital markets regulator Sebi that proposes to penalise companies saddled with adverse auditor remarks. The Securities and Exchange Board of India (Sebi) has initi...
Continue Reading... Category : Auditing | Comments : 0 | Hits : 504
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Posted Date : 17-Jul-2012 , 08:34:53 am | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA) has moved a Cabinet note on the Companies Bill for making some key changes. According to the sources these changes have been made to take on board the objections raised by the Standing Committee on Finance, reports, Ronojoy Banerjee of CNBC-TV18. The ...
Continue Reading... Category : Corporate Law | Comments : 0 | Hits : 303
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Posted Date : 17-Jul-2012 , 08:33:08 am | Posted By CASANSAAR
The Reserve Bank has imposed a penalty of Rs 5 lakh on Maharashtra-based Karad Urban Co-operative Bank for violating guidelines on shifting of branch without the regulator's prior approval. "The bank had violated RBI instructions...which involved change in municipal ward number 35 to ...
Continue Reading... Category : Banking | Comments : 0 | Hits : 348
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Posted Date : 17-Jul-2012 , 08:29:22 am | Posted By CASANSAAR
The finance ministry has banned public sector banks from taking over loan accounts from lenders where their current chairman and managing director (CMD) or executive director (ED) had worked earlier. The ministry had in June issued draft guidelines on 'takeover of loans' in which it h...
Continue Reading... Category : Finance | Comments : 1 | Hits : 452
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Posted Date : 16-Jul-2012 , 09:09:26 pm | Posted By CASANSAAR
Financial sector regulators, including RBIand Sebi, today proposed a nationwide survey for assessing financial inclusion and literacy in the country and educate 500 million adults, besides providing financial education to school children. The draft 'National Strategy for Financial Edu...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 302
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Posted Date : 16-Jul-2012 , 09:06:47 pm | Posted By CASANSAAR
The Central Board of Excise and Customs (CBEC), Department of Revenue, Ministry of Finance has issued a Notification No. 58/2012-Customs (N.T.) dated July 13, 2012 and thereby notifying change in tariff value of Brass Scrap (all grades), Gold and Silver as shown in the tables below:  ...
Continue Reading... Category : Excise | Comments : 0 | Hits : 419
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- 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
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- Maha expects Rs 15 crore entertainment tax revenue from IPL
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- 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
