Whether a member of the Institute in practice can accept such assignment where advertisement of tender was issued prior to 7th April, 2016? The notification is effective for all tenders issued/hosted on or after 7th April, 2016. Therefore, a member of the Institute in practice can accept such assignment where advertisement of tender was issued prior to 7th April, 2016.
The Central Bureau of Investigation has registered a case against an Inspector working in Directorate General of Central Excise (Intelligence), Dehradun U/s 13(2) r/w 13(1)(e) of the Prevention of Corruption Act, 1988 for possession of alleged disproportionate assets to the tune of Rs. 54.55 lakh (approx).
The Special Judge, Anti Corruption, Court No.3, Lucknow (Uttar Pradesh) has convicted Sh. U. P. Yadav, then Income Tax Officer; Sandeep Mohan Dubey, then Office Superintendent and Gore Lal Mishra, then Tax Assistant in a bribery case and sentenced them to undergo four years Rigorous Imprisonment with fine of Rs. 50,000/- each.
NRIs have a pivotal role to play in the Indian economy. India has the second-largest Diaspora in the world, with around 29 million people living in over 200 countries and out of these 25% live in the Gulf countries. Most of the Indians going to the Gulf and some other countries go for employment and return to India after having worked abroad for a certain period.
Swachh Bharat -Corporate volunteering by private organizations & corporate entities 1. You may kindly recall that Hon. Prime Minister has given a call for “Swachh Bharat” as a mass movement to realize Gandhiji’s dream of a Clean India by the 150th birth anniversary of Mahatma Gandhi in 2019. Ministries and Departments have undertaken various activities […]
PM encouraged the officers for a free and frank exchange of ideas during the Rajasva Gyan Sangam. He stressed that while there should be respect for the rule of law among all citizens, and even fear of the long arm of the law for those who evade taxes, people should not fear tax administrators.
The 122nd Constitution (Amendment GST) Bill, 2014 to thoroughly overhaul India’s indirect tax regime has been passed by the Lok Sabha in 2015 and pending with Rajya Sabha for its approval and may be passed in the monsoon session of Parliament. This is a welcome step of the government has released draft Model GST Law in public domain. The provision for audit under section 42 (4) may also be examined as a landmark opportunity for professionals.
The Institute of Chartered Accountants of India (ICAI) has been awarded Associate membership by Chartered Accountants Worldwide. ICAI is the fourth professional body to be admitted to the organisation since it was launched in February 2013.
Comments and suggestions of stakeholders invited on relevant issues arising out of amendment to India-Mauritius Double Taxation Avoidance Convention for consideration by the Working Group constituted for the purpose
India and Switzerland agree to move towards an early agreement for the implementation of AEOI between the two countries; Two sides agreed to pursue the ongoing dialogue on tax and financial matters in a spirit of mutual friendship and cooperation
