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ICAI President's Message – March 2015

February 28, 2015 820 Views 0 comment Print

Dear Friends, Nothing can bring you peace but yourself. Nothing can bring you peace but the triumph of principles, writes Ralph W. Emerson. I too believe in the power of self and principles, which we respect and stand for in our life. For me, this is all the more important as I have been entrusted […]

From Carbon Subsidy to Carbon Tax: India’s Green Actions

February 28, 2015 1066 Views 0 comment Print

Economic Survey 2014-15 acknowledges the green actions taken by India, including imposing significantly higher taxation of petroleum products and thereby reenergizing the renewable energy sector. India shifted from a carbon subsidization regime to one of significant carbon taxation regime, from a negative price to an implicit positive price on carbon emissions.

Railway Budget Speech 2015-16

February 26, 2015 636 Views 0 comment Print

Speech of Shri Suresh Prabhakar Prabhu introducing the Railway Budget for 2015-16 on 26th of February, 2015 Madam Speaker, 1. I rise to present before this August House the Statement of Estimated Receipts and Expenditure for 2015-16 for Indian Railways. 2. At the outset, let me thank the Hon’ble Prime Minister, Shri Narendra Modi ji, […]

Highlights of Railway Budget 2015-16

February 26, 2015 2432 Views 0 comment Print

Aaj ka railway budget.. From the mind and mouth of a CA indeed! PASSENGERS to be called CONSUMERS This certainly catches the ears ! Certain points being put forward by him, remind me of certain points to be included in Annual Reports of companies. Premier points put forward by CA Suresh Prabhu Energy Conservation, Technology […]

Download 11 New Books on Service Tax and VAT

February 26, 2015 9531 Views 0 comment Print

The Indirect Taxes Committee of ICAI has taken an initiative to develop state wise technical guides on VAT as well as sector specific technical guides/ background material on Service Tax to facilitate a handy learning experience to the members. It gives me immense pleasure to introduce you that the following new publications have been launched […]

CS Executive /Professional Programme Dec 2014 Merit List & Toppers

February 25, 2015 4132 Views 0 comment Print

All India Provisional Merit List – Professional Programme (Old Syllabus) December 2014 All India Provisional Merit List – Professional Programme (New Syllabus) December 2014 All India Provisional Merit List Executive Programme (New Syllabus) Examination December 2014 All India Provisional Merit List Eexecutive Programme (Old Syllabus) Examination December 2014

Need to Expand Tax Base and Improving Tax Compliance

February 25, 2015 3521 Views 0 comment Print

Central Excise Day Celebrated; MoS(Finance) Shri Jayant Sinha Emphasizes that There is Urgent Need to Enhance the Tax to GDP Ratio in India as Well as Expanding the Tax Base and Improving the Tax Compliance; Exhorted the Officers to Work on Innovative Ideas to Facilitate Starting and Doing a Business The Minister of State for […]

Creation of two additional benches of the Authority for Advance Rulings (Income Tax)

February 25, 2015 618 Views 0 comment Print

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval to the following:- i. Creation of two additional benches of the Authority for Advance Rulings (Income Tax), one in New Delhi and one new bench in Mumbai; ii. creation of two posts of Vice-Chairmen in the Apex scale and four […]

Finance Commission suggests 42% state share in Union Tax Revenues

February 24, 2015 1183 Views 0 comment Print

14th Finance Commission (FFC) Report Tabled in Parliament; FFC Recommends by Majority Decision that the States’ Share in the Net Proceeds of the Union Tax Revenues be Raised to 42% Which is a Huge Jump from the 32% Recommended by the 13th Finance Commission Article 280 of the Constitution of India requires the Constitution of […]

List of companies investigated by govt. in last 3 Years

February 24, 2015 5077 Views 0 comment Print

The details of companies investigated by the Ministry during the last three years and current year (till date) are enclosed as Annexure-I. Chit Funds are registered by State Governments under the Chit Funds Act, 1982 – an Act administered by the Ministry of Finance but with responsibilities of implementation resting with the States. Cheating by […]

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