Corrigendum: Advanced Management Accounting, Revision Test Papers, May 2013 Final students may note that in the January 2013 print of the publication “Revision Test Papers” relevant for May 2013 Final Examination, In pages 32 and 33 − Solution to the Illustration 4 has some printing errors. The errors have been rectified and updated version has [...]

We needs rates of Gold and Silver for Wealth Tax Valuation Purposes as on 31.03.2013 to correctly value gold and silver as on 31.03.2013 but since  no trading was taken place in Gold and Silver on 31.03.2013 so we will take the rate of last trading  day (30.03.2013) of Financial Year 2012-2013 as the rate [...]

Service tax law, as contained in the Finance Act, 1994, as amended by the Finance Act, 2012 is relevant for May and November, 2013 examinations. The Finance Act, 2012 has introduced the concept of negative list in the service tax law whereby all services are liable to service tax except those covered under the negative list and the exempted services.

Announcement for Final Examination applicable from May 2013 Examination onwards: Paper-8: Indirect Tax Laws. – (01-04-2013) Service tax law, as contained in the Finance Act, 1994, as amended by the Finance Act, 2012 is relevant for May and November, 2013 examinations. The Finance Act, 2012 has introduced the concept of negative list in the service [...]

Download Post Budget Memorandum 2013 – Indirect Taxes as submitted by ICAI Download Post Budget Memorandum 2013 – Direct Taxes as submitted by ICAI

Based on the Corporate Social Responsibility initiative of the Ministry of Corporate Affairs, the Institute of Chartered Accountants of India (ICAI), has decided that through its dedicated network at the Regional and Branch level centers, it will seek volunteers from amongst its eligible members for offering audit services to at least 100 auditable entities, to [...]

Pawan Kumar Bansal Launches Wi-Fi Facility on Howrah Rajdhani Express Train The Minister of Railways Shri Pawan Kumar Bansal launched Wi-Fi- facility as a pilot project on Howrah Rajdhani Express (train no. 12302), here today. To introduce internet access in moving train was a technological challenge considering that the train passes through all type of [...]

APPOINTMENT OF AUDIT FIRMS FOR CONCURRENT AUDIT OF TREASURY OPERATIONS. State Bank of India, having its Corporate Centre at Mumbai is India’s leading Public Sector Bank having all India presence with branch network of over 14500 is interested in engaging an Audit firm of repute and proven track record to carry out the concurrent audit [...]

A Press Conference was organised by The Institute of Chartered Accountants of India (ICAI) today April 2, 2013 at ICAI Bhawan, New Delhi. The Press Conference was addressed by CA.Subodh Kumar Agrawal, President, ICAI in the presence of CA.K.Raghu,Vice-President, ICAI. India is growing at a fast pace & the government has undertaken several initiatives. Financial [...]

The government has increased the tariff value of gold to 521 dollar per 10 grams, making import of gold in any form costlier. According to an official release however, the tariff value for silver has been lowered to 920 dollar per kg. The base price on which the customs duty is determined to prevent under [...]