News on Tax, Corporate Law, Recent Judgement, Govt Policy

  • Mar
  • 29

Excise & Customs Offices to Remain open on 29th, 30th & 31st March, 2013

Proposed Nationwide Strike by the Associations of Superintendents and Inspectors of Central Excise for 29th, 30th & 31st March, 2013 Stands Withdrawn. All Offices under the Central Board of Excise and Customs (CBEC) shall be open on 29th, 30th & 31st March, 2013 observing their normal office hours, as a part of trade facilitation measure.

Read the Full Article

  • Mar
  • 27

Service Tax – No unwarranted harassment or Arrest – Praveen Mahajan

Highlighting the issue of arrest, Mr Bose said that government doesn’t intend to use such provisions indiscriminately. The effort is to ensure that those getting away by must pay their share of taxes and these provisions must be seen in that context.

Read the Full Article

  • Mar
  • 27

CBI arrests excise superintendent for accepting bribe of Rs. 3.50 Lakh

CBI ARRESTS A SUPERINTENDENT OF CENTRAL EXCISE FOR ACCEPTING A BRIBE OF RS.3.50 LAKH; APPROX. RS.9 LAKH CASH RECOVERED IN SEARCHES FROM HIS POSSESSION             The Central Bureau of Investigation has arrested a Superintendent of Central Excise(Anti Evasion), Haldia Commissionerate, Kolkata for demanding & accepting a bribe of Rs.3.5 lakh from the Complainant.

Read the Full Article

  • Mar
  • 26

Interest Rate on NSC MIS MIS SCSS POTD WEF 01.04.2013

Rate of interest on various small savings schemes for the financial year 2013-14 effective from 1-4-2013, on the basis of the interest compounding/payment built-in in the schemes, shall be as under :

Read the Full Article

  • Mar
  • 25

ICAI Postponement of Examination scheduled on 4th & 5th May 2013 in the State of Karnataka

In partial modification of the Institute’s Notification No. 13-CA(Exam)/M/2013 dated 19th December, 2012, it is notified for general information that in view of the Election to the Karnataka State Legislative Assembly, Group – 1, Paper 2, Strategic Financial Management of Final Examination and Group – 1, Paper – 2, Business Laws, Ethics and Communications of Intermediate

Read the Full Article

  • Mar
  • 23

Download Criminal Law (Amendment) Bill 2013 related to crime against women

Lok Sabha on 19th March 2013 passed Criminal amendment Bill aiming to toughen laws dealing with crime against women. The bill provides natural life term or even death for repeat offenders of rape. The Criminal Law (Amendment) Bill, 2013 commonly known as the anti-rape bill was passed by Rajya Sabha after amendments moved by Left MPs were defeated.

Read the Full Article

  • Mar
  • 22

ICSI -Steps for filling online examination form for Students who don’t have password

Please take the following steps if you don’t have password for filling up the examination form:- 1)                 Visit on Institute’s website www.icsi.edu 2)                 Click on Login (top right side of your screen) 3)                 Click on Student Login 4)                 Type your registration number in Username (17 digit registration number)

Read the Full Article

  • Mar
  • 22

Rayja Sabha approves Union Budget 2013-14 without debate

Faced with paucity of time, Rajya Sabha on Thursday approved Union Budget 2013-14 without debate, a development witnessed perhaps for the first time which triggered protests from opposition members. With only one day left for the house to go into month-long recess, the chair directed members to lay their written speeches so that the crucial [...]

Read the Full Article

  • Mar
  • 21

Income Tax e-Filing Call Center will function 24/7 on all days during March 2013

The e-Filing Call Center (Toll Free – 1800 4250 0025) will be functioning 24/7(Including Saturday and Sunday), during the month of March 2013.

Read the Full Article

  • Mar
  • 21

Bank Branch Audit Report Format & Guidance on Reporting on MoCs

This is to inform you all regarding 2013 Guidance Note on Audit of Banks as also reporting in respect of total number and amounts of debits/ credits pursuant to Memorandum of Changes issued by the bank branch auditors and reporting thereof under the “Other Matters” Paragraph in the bank branch audit report.

Read the Full Article