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

  • Apr
  • 05

ICSI National Awards for Excellence in Corporate Governance – 2012

Chairman of the Awards Jury of the ICSI (Institute of Company Secretaries of India) and former Chief Justice of India Shri Justice M. N. Venkatachaliah here today  presented the ‘ICSI National Awards for Excellence in Corporate Governance -2012’ to two ‘Best Governed Companies’: 1. Indian Oil Corporation Limited; and 2. HCL Technologies Limited.

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  • Apr
  • 05

Companies Need to Look Beyond Shareholder Value – Sachin Pilot

Companies Need to Look Beyond Shareholder Value And Make Sustainability a Core Driver of their Strategy – Sachin Pilot Corporate Affairs Minister Inaugurates ‘CSIA International Corporate Governance Conference’ Shri Sachin Pilot, Minister of Corporate Affairs, inaugurated the two-day 2nd CSIA (Corporate Secretaries International Association) International Corporate Governance Conference on the theme ‘Corporate Governance for Sustaining [...]

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  • Apr
  • 04

Income Tax Calculator F.Y. 2013-14 / A.Y. 2014-15

Download Simple Income tax Calculator in Excel Format for Salaried Persons for Financial year 2013-14 / Assessment Year 2014-15. This tax calculator can be used to calculate the approximate tax payable by salaried individuals. This should NOT be used to compute the actual taxes to be paid to the Government. Download Simple Income tax calculator [...]

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  • Apr
  • 04

Detection of Service Tax Evasion of Rs. 300 Crore by Sub- Contractors of L&T & Others

Service Tax Evasion Case Booked by Directorate General of Central Excise Intelligence (DGCEI) Against  M/S Shiv Vani Oil and Gas Exploration Services Ltd. and Sub- Contractors of L&T; Total Evasion of Service Tax Estimated at More than Rs. 300 Crore On the basis of aspecific information, officers of the Directorate General of Central Excise Intelligence [...]

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  • Apr
  • 04

Corrigendum – CA Final Paper 5 – ‘Advanced Management Accounting’ Study Material

CA Final students may note that in the January, 2013 edition of Vol. I of the CA Final Paper 5: Advanced Management Accounting Study Material- In pages 14.23 and 14.25 of Chapter 14: Program Evaluation and Review Technique – Illustration 10 has some printing errors. The errors have been rectified and updated Illustration10 has been [...]

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  • Apr
  • 04

Corrigendum – Advanced Management Accounting, RTP, CA Final May 2013

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 [...]

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  • Apr
  • 04

Rates of Gold and Silver as on 31.03.2013

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 [...]

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  • Apr
  • 04

Service Tax Amendments by FA 2012 Applicable for CA IPC May & Nov,13 Exams

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.

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  • Apr
  • 04

Service tax Amendments by FA 2012 Applicable for May & Nov, 13 CA Final Exams

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 [...]

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  • Apr
  • 03

ICAI Submits Post Budget Memorandum 2013 on Direct & Indirect Taxes

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

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