"13 June 2011" Archive

ICAI – CA aspirants need not clear CPT, Removing extra 15 mnts

The Indian Chartered Accountants of India (ICAI) has relaxed the norms for students aspiring to become chartered accountants. Until now an aspirant had to clear common proficiency test for chartered accountancy (CPT) after Std XII or graduation. Now there is an option of becoming a CA without clearing CPT. The existing option will continu...

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Posted Under: CA, CS, CMA |

ICWAI – Management Accountant Journal for the Month of June 2011

ICWAI - Management Accountant Journal for the Month of June 2011 - Download CWA - Management Accountant Journal - June 2011 in PDF format...

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Posted Under: CA, CS, CMA |

FM inaugurate International Seminar for Adopting tax System and International tax Rules to the New Global Environment

Union Finance Minister Shri Pranab Mukherjee will inaugurate two day high level International Seminar on “Adopting Tax System and International Tax Rules to the New Global Environment: A Shared Challenge for India and the OECD” tomorrow at Vigyan Bhawan. In the two day International Seminar , discussions would be held in separate sess...

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Posted Under: CA, CS, CMA |

FM calls for reversal of illicit outflows of funds from Developing Countries to tax havens

Union Finance Minister Calls for Strong Measures to Reverse the Ongoing Trend of Illicit Outflows from Developing Countries and Exploitation of their Natural Resources Through Abusive Transfer Pricing Schemes; Inaugurates two Day High Level International Seminar on 'Adopting Tax System and International Tax Rules to the New Global Environ...

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Posted Under: CA, CS, CMA |

Govt have enough tools to deal with tax havens not sharing info – Finance Minister

Under pressure from civil society to take concrete action on black money, the government today said it has enough tools to deal with transactions arising from non-cooperative jurisdictions and would take action as and when necessary. We have developed a toolbox... We have enabled ourselves to declare (tax havens) as non-cooperating jurisd...

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Posted Under: CA, CS, CMA |

MLAs Also to Issue Income Certificate for ‘Izzat’ Scheme of Railway Travel W.E.F. 1.7.2011

Ministry of Railways have decided that the Income Certificate issued by Members of Legislative Assemblies (MLAs) of various States and Union Territories will also be accepted for issue of “Izzat’ monthly Season Tickets (MSTs) for the benefit of persons working in unorganized sectors. This provision will be effective from 1st July, 201...

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Posted Under: CA, CS, CMA |

India to seize foreigners’ illegal funds

India will introduce a bill in the monsoon session of parliament that will enable confiscation of illegal money stashed in India by foreigners, Finance Minister Pranab Mukherjee said Monday. We will introduce the bill in monsoon session,' Mukherjee said while addressing a joint press conference with Organisation for Economic Cooperation ...

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Posted Under: CA, CS, CMA |

India, OECD to discuss tax reforms today

At a time when the government is accelerating efforts to strengthen the country's taxation system , India and rich countries' club OECD will deliberate on challenges to international tax rules on Monday. Co-operation in global tax matters have gained prominence , especially after the G-20 crackdown on tax havens, which are being used to p...

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Posted Under: CA, CS, CMA |

International Labour Conference on Report of ILO Director General-Equality at WORK – the Continuing Challenge

Millions of people suffer from discrimination in the world of work which not only violates a basic human right but has wider social and economic consequences. Discrimination stifles opportunities wasting the human talent needed for economic progress and accentuates social tensions and inequalities. Combating discrimination is an essential...

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Posted Under: CA, CS, CMA |

Department of Posts decides to revamp mail operations in line with the international best practices

The meeting of the Consultative Committee attached to the Ministry of Communications and Information Technology was held here today to discuss the Mail Network Optimization Project of Department of Posts. In his opening remarks Shri Kapil Sibal, Minister for Communications and Information Technology said that Department of Posts decided t...

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Posted Under: CA, CS, CMA |

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