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India’s First Fully Sharia Compliant Company lists on BSE- SME Platform

India’s First Fully Sharia Compliant Company, Octaware Technologies Limited, lists on the Bombay Stock Exchange - SME Platform. Octaware Technologies is a highly experienced software development, enterprise solution and consulting firm engaged in the business of providing a range of Information Technology...

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Posted Under: Finance |

Appointment of CAs with Department of Ex-Servicemen’s Welfare

We intend to appoint Associate of Chartered Accountants as Auditors for auditing the Two Charitable Funds Accounts viz., 1. Tamil Nadu Ex-Services Personnel Benevolent Fund. 2. Amalgamated Fund...

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Posted Under: Finance |

ICAI asks members to pay Annual Membership and COP Fees

We take the opportunity to request you to renew your membership for the year 2017-18 with the Institute by remitting the annual membership/certificate of practice fees, which become due for payment on 1st April, 2017 and need to be paid on or before 30th September, 2017....

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Posted Under: Finance |

Services likely to undergo a metamorphosis with GST introduction: CBEC

The service is likely to undergo a metamorphosis with the introduction of GST. The officers of the CBEC have played a pivotal role in the framing of the GST Laws and Rules and we can all be justifiably proud....

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Posted Under: Finance |

Join Certification Course on GST by Ministry of MSME

With immense pleasure, we would like to invite the readers for the certification course on GST by Ministry of Micro, Small & Medium Enterprises (MSME), Govt. of India, specially designed to cater the need of professionals and businesses at large....

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Posted Under: Finance |

Draft notification to stop misuse of long term capital gain exemption

In order to curb the practice of declaring unaccounted income as exempt long term capital gain by entering into sham transactions, the Finance Act, 2017 amended the provisions of section 10 (38) of the Act to provide that exemption under this section for income arising on transfer of equity share acquired or on after 1st day of October, 2...

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Posted Under: Finance | ,

Download Revised Cost Accounting Standards CAS-6,7,12,16,17

Limited Revision 2017 on account of IndAs The Revised Cost Accounting Standards (CAS-6, CAS-7, CAS-12, CAS -16 and CAS 17) are as follows: CAS-6 (Revised 2017)- Cost Accounting Standard on Material Cost CAS-7 (Revised 2017)- Cost Accounting Standard on Employee Cost CAS-12 (Revised 2017) – Cost Accounting Standard on Repairs and Mai...

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Posted Under: Finance |

ICAI Announcement for Students of CA Course

Board of Studies, being the students interface with the Institute, brings out a variety of educational inputs to assist the students in their learning process. These include Study Materials, Practice Manuals, Supplementary Study Papers, Select Cases in Direct and Indirect Tax Laws and Revision Test Papers....

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CBI arrests Income Tax Inspector from Ernakulam (Kerala) for accepting bribe

The Central Bureau of Investigation has arrested an Inspector (Investigation), Income Tax Department, Ernakulam (Kerala) for demanding & accepting an alleged bribe of Rs. Five lakh from the complainant....

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Posted Under: Finance |

Mrs. Aruna Sethi appointed as the Chief Adviser (Cost) in MOF

Mrs. Aruna Sethi, 1985 batch officer of Indian Cost Accounts Service (ICoAS) has been elevated to the position of Chief Adviser (Cost) in the Ministry of Finance, Department of Expenditure w.e.f. 1st April, 2017. ...

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Posted Under: Finance |
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