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| Onion Prices To Rise Income Tax Raids Continue Posted: 12 Jan 2011 12:34 AM PST In a move that could further push up Onion prices traders in Nashik and adjoining areas today went on two-day strike against tax raids and disrupted supply to contracting traders from other states who are being forced to sell the v [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Budget 2011- Govt May Not Raise Taxes Try To Streamline International Tax Posted: 12 Jan 2011 12:23 AM PST The government is likely to plug loopholes in international taxation to swell its kitty since it does not have too many options to raise taxes in the upcoming Budget due to proposed rates in new direct and indirect tax regimes and [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| RBI To Hike Rates By 50 Bps By March Posted: 12 Jan 2011 12:17 AM PST StanChart Bank expects food prices to push up overall inflation to 8 3 per cent in December which will prompt the Central Bank to raise policy rates by 50 basis points in the current fiscal nbsp The bank said in its report that i |
| FM Holds Pre-Budget Consultations With Industry Groups Posted: 12 Jan 2011 12:03 AM PST Union Finance Minister Shri Pranab Mukherjee held meeting with the stakeholders of different Industry Groups to get their inputs for General Budget 2011-12 here today This was the second meeting in the series of pre-Budget consult |
| ICWAI Announces Address Of Polling Booths At Places Having More The One Polling Booth Posted: 11 Jan 2011 11:21 PM PST NOTICE In pursuance of Clause 3 of Schedule 2 of the Cost and Works Accountants Election to the Council Rules 2006 the addresses of different polling booths at place where there are more than one polling booth for the e [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Indo-Swiss Tax Treaty Hits Bureaucratic Hurdle Posted: 11 Jan 2011 10:58 PM PST The revised tax treaty between India and Switzerland to enable access to Swiss accounts of tax evaders seems to have hit bureaucratic hurdle as the two governments are yet to notify each other on the required legal and procedura [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| IT Dept Plans New Measures To Curb Tax Evasion Posted: 11 Jan 2011 10:50 PM PST The Income Tax department plans to immediately capture on receipt the data of returns filed by taxpayers to enhance their investigation and enforcement action to curb tax evasion and reduce tax gap over the next few years nbsp T |
| India To Replace US As 2nd Largest Economy By 2050 - PwC Posted: 11 Jan 2011 10:48 PM PST India is poised to overtake the USA and emerge as the World s second largest economy on purchasing power parity basis by 2050 and has the potential to supersede China to the top spot says a report published by PwC nbsp China is [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Onion Prices Ease By Rs 5-10 Kg Following IT Raids On Traders Posted: 11 Jan 2011 10:44 PM PST Onion prices on Friday eased by Rs 5-10 a kg in major metros following raids on traders by income tax I-T authorities in several states like UP Tamil Nadu Punjab Haryana and J amp K As the I-T officers were swooping down on bi [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| ICAI AIA Of UK Sign Joint Declaration To Benefit CAs And Students Posted: 11 Jan 2011 10:40 PM PST [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| CBI Raids 14 Customs Officers And One Custom House Agent In Corruption Case Posted: 11 Jan 2011 09:30 PM PST CBI in Mumbai CBI conducted a large-scale operation on Tuesday at official and residential premises of 14 Customs officials and a CHA As per the CBI Release it was alleged that Customs officials of different ranks from Additional |
| They Call Accounting The Language Of Business- Popular Accounting Terms Posted: 11 Jan 2011 09:24 PM PST But with that comes a range of terms which can be difficult to understand Read our glossary to learn more Accounting information systems Computerised accounting systems are essential for all organisations these days An inf [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Citi Bank Fraud - Sebi Probes Violation In Income Proof Rules Posted: 11 Jan 2011 09:16 PM PST In connection with the alleged Rs 300-crore Citibank fraud Sebi is probing whether the stock brokers collected from the accused his income proof documents a mandatory requirement for trade in derivatives market nbsp The marke [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| FM Starts Pre-Budget Consultations Holds First Meeting With Stakeholders From Agricultural Sector Posted: 11 Jan 2011 09:12 PM PST Union Finance Minister nbsp Shri nbsp Pranab nbsp Mukherjee nbsp started his pre-Budget consultations for the preparation of Union Budget 2011-12 from today nbsp nbsp He held his first pre-Budget meeting this year with the [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| ICAI Approaches MCA For Amendment Of CA Act -Sources Posted: 10 Jan 2011 02:15 AM PST CNBC-TV18 learns that the Institute of Charted Accountants of India ICAI has approached the Ministry of Company Affairs MCA for amendment of the CA Act The institute proposes 10-12 amendments seeking action against erring audit f [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Procedure For Interbank Mobile Payment Service IMPS Posted: 12 Jan 2011 12:51 AM PST Currently majority of interbank mobile fund transfer transactions are channelised through NEFT mechanism Under NEFT the transactions are processed and settled in batches hence are not real time Also the transactions can be done [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Third Innings - Section 4A V S Section 4 Posted: 11 Jan 2011 02:47 PM PST CA Pradeep Jain Siddharth Rutiya Section 4A of Central Excise Act 1944 empowers Central Government to specify goods on which duty will be payable based on retail sale price The basic requirements for levy under MRP based Valuation [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| 2011 To Bring More Investment Hopes Posted: 11 Jan 2011 02:07 PM PST Dr Sanjiv Agarwal 2010 is now a past and we are now in 2011 hoping for a bright future growth and sound financial stability 2011 may not be all good and no bad but we need to manage our finances keeping in mind that India s [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| NPA Classification SARFAESI Act Discretion Of Bank Secured Creditor Posted: 07 Jan 2011 02:55 PM PST The Banks or Secured Creditors do feel comfortable in recovering their dues using the provisions of SARFAESI Act 2002 The object of the enactment as everybody knows is to enable the Banks Secured Creditors to reduce the level of [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| SARFAESI Act 2002 Debt Recovery Tribunal - Important Points To Be Noted Posted: 06 Jan 2011 05:56 AM PST The object of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 is to regulate Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest and for ma [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Applicability Of Interest U S 234 On Tax Calculated On Book Profits Under Section 115JA Posted: 11 Jan 2011 11:42 PM PST A short question which arises for determination in this batch of cases is whether interest under Section 234B can be charged on the tax calculated on book profits under Section 115JA In other words whether advance tax was at all [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Posted: 06 Jan 2011 06:54 AM PST If commercial transaction is at arms length no transfer pricing addition for non-charging of interest on overdue debt [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Applicability Of MAT On Revaluation Reserve Posted: 06 Jan 2011 06:42 AM PST Supreme Court upholding the order of the Delhi High Court denied reduction from book profit for the purpose of Section 115JB Section of the Indian Tax Law of the amount withdrawn from revaluation reserve This is for the reason th [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Directions On Working Hours Of Articled Assistants - Regulation 60 Of The CA Regulations 1988 Posted: 12 Jan 2011 12:07 AM PST Adherence to Regulation 60 of the Chartered Accountants Regulations 1988 and Directions of the Council in respect of Working Hours of articled assistants nbsp Announcement nbsp BoS Announcement 227 10 nbsp [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| ICWAI - Notification Regarding Assessment Year For June 2011 Term Of Examination Posted: 11 Jan 2011 11:25 PM PST NOTIFICATION nbsp Ref No DS-3 1 1 11 Dated -January 10 2011 nbsp Finance Act 2010 involving Assessment Year 2011-2012 will be applicable for the subjects Applied Direct Taxation Intermediate Applied Indirect Taxation [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Posted: 11 Jan 2011 03:59 AM PST ICAI e-Journal January 2011 [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Excel 2007 Menu Wise Shortcuts Posted: 09 Jan 2011 02:56 AM PST Excel is one of the must have tool for Audit but to Operate is quited hard if you don 8217t know about shortcuts which can cut your time by a considerable amount I found MS office 2003 so easy but working on MS office 2007 is quite h [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| Automated Arrears Relief Calculator U S 89 1 For Only West Bengal Govt Employees Posted: 08 Jan 2011 02:09 AM PST Fully Automated Arrears Relief Calculator U s 89 1 10E for only West Bengal Govt Employees This Calculation Software is fully Automated just put your data and follow the result [[ This is a content summary only. Visit www.taxguru.in for full article ]] |
| EXPORT INCENTIVE EXEMPTION AND REMISSION SCHEMES Posted: 08 Jan 2011 12:04 AM PST THIS FILE CONSIST OF SLIDES ON VARIOUS SCHEMES UNDER FOREIGN TRADE POLICY 2009-2014 FOR EXPORT PROMOTION [[ This is a content summary only. Visit www.taxguru.in for full article ]] |