The Central Bureau of Investigation has arrested a Superintendent of Central Excise, Khamgaon (Maharashtra) for demanding & accepting a bribe of Rs.one lakh from the complainant.
Sub: Extension of Last date for on-line submission of application form for Empanelment with O/o C&AG to 25th February, 2015 We had received representations from a number of members that they could not fill up the C&AG’s online empanelment form for various reasons within the due date. In this regard, a request was made to O/o C&AG […]
New Upgraded and Secure Portal for E-Filing of Applications for Foreign Direct Investment Launched Department of Economic Affairs, Ministry of Finance launched here today a new upgraded and secure user friendly web site for filing and processing of applications for Foreign Direct Investment (FD) requiring Government approval. Presently the applications are filed online at www.fipbindia.com […]
ICAI elects New Torch Bearers for the year 2015-16 The Institute of Chartered Accountants of India (ICAI) is a statutory body established by the Chartered Accountants Act, 1949 for the regulation of the profession of Chartered Accountants in India. The affairs of the ICAI are managed by a Council in accordance with the provisions of […]
Gross Direct Tax Collection During April-January of the Financial Year 2014-15 is up by 11.38 Percent at Rs. 5,78,715 Crore as Against Rs. 5,19,588 Crore During the Same Period Last Year.
Shift in the Focus of the Income Tax Department (ITD) from Civil Consequences to Criminal Consequences in Serious Cases of Tax Evasion; During 2014-15 (upto Dec, 2014) the ITD Has Conducted Searches in 414 Groups, Seized Undisclosed Assets of Rs. 582 Crore; Undisclosed Income of Rs. 6769 Crore has been Admitted by the Tax Payers […]
Indirect Tax Revenue (Provisional) Collections Increase from Rs. 3,98,238 Crore in April-January 2014 to Rs. 4,27,822 Crore During April-January 2015; Registering an Increase of 7.4% During April-January 2015 Over the Corresponding Period in the Previous Year; Customs Collections Increase by 8.7 % While Service Tax Collections Increase by 8.3 % During the Same Period.
Income Tax Department Initiates Investigation into Issuance of Cheques by Companies Which are Acting as Entry Operators to Convert Illegal Cash into Legitimate Money Income Tax Department, Ministry of Finance, Government of India had initiated investigation into issuance of cheques by companies which are acting as entry operators to convert illegal cash into legitimate money. […]
The Council at its 227th Meeting held at New Delhi on January 18, 2015 while approving the formation of LLPs by PCS granted general permission to the members in practice to: (a) become designated / active partner of a limited liability partnership (LLP) the objects of which include carrying out attestation services which fall within the scope of the profession of Company Secretaries irrespective of whether or not the practising member holds substantial interest in that LLP;
Jayant Sinha: A Very High Priority Needs to be Given to Investment Including Investment in Infrastructure to Achieve G-20’s Collective Growth Objective; Strongly Advocated for Full and Fast Implementation of Automatic Exchange of Information Within the Agreed Timeframe and on a Global Scale Which Would Help India to Trace Transactions of Money Illegally Earned or […]
