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CA student can request duplicate mark sheets/pass certificates online

December 2, 2016 10759 Views 1 comment Print

An on-line facility for submission of requests for issue of duplicate mark sheets/pass certificates has been put in place at http://icaiexam.icai.org.

Customs: Relaxation in Outsourcing by an authorized Courier-reg

December 2, 2016 1759 Views 0 comment Print

Board has decided that for functions namely pick-up or local delivery of export/imported courier packages/shipments, transportation for officials and housekeeping activities permission will not be required.

Roll out of ECCS at Courier Terminal, Sahar, Mumbai-reg

December 2, 2016 1828 Views 0 comment Print

Express Cargo Clearance System ECCS is an Automation Program developed on PPP model by Express Industry Council of India (EICI).

Banks to enable Aadhaar-based Authentication for Debit / Credit Card Transactions

December 2, 2016 1426 Views 0 comment Print

Banks were advised to ensure that all new card present acceptance infrastructure deployed with effect from January 1, 2017 are enabled for processing payment transactions using Aadhaar-based biometric authentication also.

Service Tax Registration for B2C OIDAR Services & related Law

December 2, 2016 6013 Views 0 comment Print

Online information and database access or retrieval (OIDAR) services provided online electronically from outside the taxable territory and received in India by Government, local authority, governmental authority or an individual for purposes other than business/profession, is taxable from 1st December 2016. OIDAR-Notifications and Circulars CBEC Notification No. 48/2016-Service Tax dt. 09-11-2016 Seeks to amend Service […]

Guidance Note on Reports in Company Prospectuses

December 2, 2016 5044 Views 0 comment Print

This guidance note is applicable for providing guidance to issuers in relation to preparation of financial information to be included in the prospectus in case of initial public offering (IPO) and to auditors in relation to reporting requirements that are required in such scenario.

Regulation of Tax Professionals in the Indian Context

December 2, 2016 4897 Views 13 comments Print

It would be difficult to have a well-functioning tax system without tax advisors. Because most taxpayers are not familiar with the intricacies of the tax laws, tax advisors are needed so that taxpayers can fulfill their complicated tax obligations.

Taxation & Legal Rumors on Social Media – Avoid In Financial & National Interest

December 1, 2016 6259 Views 1 comment Print

Social Media has been a revolution in last few years. The Time taken for information sharing across domains of social media have been reduced to seconds or minutes because of various Apps availalble. The Updates helps many in decision making, knowledge sharing and awareness.

Improvement in Standard of Education in Government Schools

December 1, 2016 574 Views 0 comment Print

For improving quality of school education, School Standards & Evaluation framework, known as ‘Shaala Siddhi’ has been developed by National University of Educational Planning and Administration (NUEPA)

Old Rs. 500 notes not to be accepted at Petrol Outlets & Airport Counters

December 1, 2016 895 Views 0 comment Print

WEF midnight of 02.12.2016, old Rs. 500 bank notes will not be accepted at petrol, diesel and gas outlets of PSU Oil and Gas Marketing Companies as well as for purchase of Air Tickets at Airports;

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