Accordingly, the government has set-up a Tax Administration Reform Commission (TARC). The term of the Commission will be 18 months. The Chairman of the Commission is Dr. Parthasarathy Shome and will be in the rank of Minister of State.
Steps Taken for Tiding Over the Existing Shortage of Manpower in Serious Fraud Investigation Office The Government has said that the Serious Fraud Investigation Office (SFIO), functioning under the Ministry of Corporate Affairs, has 53 officials in position compared to 95 technical posts. Manpower requirements are in areas like forensic audit, tax, capital market frauds […]
Damodaran Panel’s Report on Business Climate The Chairman of the Committee (Damodaran Panel) has circulated the draft report for comments, if any, by 26th August, 2013. The report will be submitted to the Government soon thereafter. Giving this information in written reply to a question in the Rajya Sabha today, Shri Sachin Pilot, Minister of […]
The fact is not in dispute that in the case on hand, the return has been filed electronically for the A.Y 2010-11 wherein, the petitioner has made a claim for deduction of TDS as per Form 26AS under section 203AA of the Act.
Placement Portal The portal provides free of cost online platform for Corporates seeking CS and Members seeking jobs. Corporates looking for Company Secretaries can register themselves and post their requirements through the placement portal. Members searching for jobs can apply directly to the Corporates.The portal will work “24X7” for the benefit of Corporates and […]
Accordingly, banks may reduce the interest rate chargeable to the exporters as per Base Rate system in the existing sectors eligible for export credit subvention by the amount of subvention available subject to a floor rate of 7%. Banks may ensure to pass on the benefit of 3% interest subvention completely to the eligible exporters.
Case of the assessee is covered by sub-clause (b) of clause 2 of Circular No. 7 dated 23-10-2007 and it is also covered by clause 2(b) of Circular No. 790 dated 20.04.2000. In para 2.1 of Circular 7 dated 23-10-2007, it is clearly provided that once the amount already remitted in pursuance
Ethical Standards Board of ICAI which engaged in bringing our awareness of the provisions of Code of Ethics among members and devise ways to acquaint the members belonging to all areas of the country, including the remote areas.
In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs hereby makes the following further amendments in the Notification of the Government of India, Ministry of Finance
In exercise of the powers conferred by clause (aa) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Government, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance
