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Fin Min forms 2 Committees for facilitating implementation of GST from April 1, 2016

June 18, 2015 1066 Views 0 comment Print

Bracing to roll out the new Indirect tax regime — Goods and Services Tax from April 1, 2016, the Central Government on Wednesday, June 17, 2015 announced the setting up of two Committees to suggest tax rates and to look into IT preparedness.

Empanelment with SBI for Concurrent Audit by LHO Bhubaneswar

June 18, 2015 9845 Views 0 comment Print

LHO, BHUBANESWAR- INVITES APPLICATION FOR SELECTION AND EMPANELMENT OF CHARTERED ACCOUNTANT FIRMS FOR OUTSOURCING OF CONCURRENT AUDIT AT STATE BANK OF INDIA, BHUBANESWAR Start Date :11-JUN-2015 – Close Date :27-JUN-2015 1. State Bank of India: Overview State Bank India (“SBI” or “Bank”) a body corporate constituted under the State Bank of India Act, 1955 having […]

NSDL to release new Return Preparation Utility and File Validation Utility

June 17, 2015 1888 Views 0 comment Print

 Features of forthcoming release of TDS/TCS – Return Preparation Utility (RPU) Version 4.4 (VB based) and Version 1.2 (Java based) and TDS/TCS – File Validation Utility (FVU) (Version 4.7 and 2.143) It is proposed to release new version of NSDL e-Gov TDS/TCS – Return Preparation Utility (RPU) and File Validation Utility (FVU) tentatively on 19th […]

FM approves formation of 2 Committees to facilitate implementation of GST from 1.4.2016

June 17, 2015 1880 Views 0 comment Print

A Steering Committee been formed under the Co-Chairmanship of Additional Secretary, Department of Revenue and Member Secretary, Empowered Committee of State Finance Ministers. This Committee has Members from Department of Revenue, Central Board of Excise & Customs, Goods and Services Tax Network (GSTN) and representatives of State Governments.

India largely complied with Basel standard

June 17, 2015 453 Views 0 comment Print

The Basel Committee on Banking Supervision (BCBS) under the aegis of the Bank for International Settlements has published, on its website, assessment reports on the implementation of the Basel risk-based capital framework and the Liquidity Coverage Ratio (LCR) for India as part of the ongoing Regulatory Consistency Assessment Program (RCAP) for its member jurisdictions. BCBS has thus far published assessment on 13 jurisdictions (including India).

CAG Hiring Chartered Accountants on Short Term Contract Basis

June 16, 2015 7680 Views 0 comment Print

Applications are invited from Chartered Accountants who are willing to work in this office against the vacancies in the cadre of Assistant Audit Officers on short term contract basis. Job description, remuneration payable and other terms and conditions are given below :

Empanelment with Canara bank for Appointment as Concurrent Auditor

June 13, 2015 44459 Views 3 comments Print

Eligible/interested Proprietary Concerns / Firms / Companies, who are agreeable to the above terms & conditions, may apply online only in the application (click to apply), on or before 26.06.2015

FM ask banks to reduce interest rate on Bank Loans

June 12, 2015 606 Views 0 comment Print

Finance Minister Shri Arun Jaitley Reviews the Annual Financial Performance of Public Sector Banks and Financial Institutions for Fy 2014-15; asks the Chief Executive Officers (CEOs) of both the Public Sector Banks (PSBs) and Private Sector Banks to Effect a Corresponding Rate cut of 75 Basis Points in Response to RBI’s rate cut of same […]

ICAI invites suggestions on CSR activities that can be undertaken by CAs/CA Firms

June 12, 2015 1878 Views 0 comment Print

Corporate Social Responsibility (CSR) is very vital in the present context of businesses. It is viewed as one of the most essential drivers while laying down the business plans and most of the corporates are aligning their CSR activities with their mainstream agenda.

PHD Workshop Series: National Conference on Service Tax on 19th July 2015

June 12, 2015 2200 Views 0 comment Print

NATIONAL CONFERENCE ON SERVICE TAX: NEGATIVE LIST, DECLARED SERVICES, EXEMPTION AND SERVICE TAX RULES, 1994 – ISSUES AND WAY FORWARD With the Government paving the way for Finance Act, 2015, the rate of Service Tax has been hiked from 12.36% to 14% w.e.f. 1st June 2015. The Government is also proposing to impose another two per […]

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