The member(s) of ICAI should not host, display, upload, modify, publish, transmit, update, forward or share any information, in any form which is harmful, harassing, defamatory, indecent, immoral or invasive of another’s privacy, dignity or prestige or hateful, causing insult or injury or otherwise unlawful in any manner against the Institute and/ or its members.
About 72 lakh Self Help Groups(SHGs) of women promoted by NABARD be exempted from service tax for the services rendered by them to small farmers etc, tax benefit limit for health insurance be suitably raised, tax exemption under Section 80C of the Income Tax Act be raised
I once again reiterate that the Companies Act, 2013 would create a need based requirement of company secretaries in the light of its provisions such as registered valuers, interim administrators, enhanced penalties, enhanced disclosure requirements and so on, besides the mandates such as secretarial audit, certification of e-forms and other documents. I appeal to all our members to make use of the facilities and participate in capacity building programmes across the nation to learn the implementation of the Act effectively and to create further opportunities for ourselves.
Allocations projected in the Interim Budget 2014-15, are generally not altered. However, cases of schemes/ decisions which have the effect of raising expenditure commitments, may be sent to the Budget Division for examination. In case the additionality is agreed to by this Ministry, then revised Statements of Budget Estimates (SBEs) would need to be forwarded to Budget Division.
TWO YEARS RIGOROUS IMPRISONMENT WITH FINE OF RS. 20,000/- TO THEN SUPERINTENDENT OF CUSTOMS FOR ACQUIRING DISPROPORTIONATE ASSETS The Special Judge for CBI Cases, Chennai has convicted Shri B. Pugazhenthi, then Superintendent of Customs, Chennai and sentenced him to undergo two years Rigorous Imprisonment with fine of Rs. 20,000/- in a disproportionate assets case.
THEN JOINT COMMISSIONER OF INCOME TAX SENTENCED THREE YEARS RIGOROUS IMPRISONMENT WITH FINE OF RS. 20,000/- IN A CORRUPTION CASE CBI Press Release- New Delhi, 10.06.2014 The Special Judge, CBI Cases, Patiala (Punjab) has convicted Shri R.L. Channalia, the then Joint Commissioner, Income Tax, Amritsar (Punjab) and sentenced him to undergo three Years Rigorous Imprisonment […]
ICAI in its pre-budget memorandum on Direct Taxes recommended Abolition of Surcharge on Income Tax and Further suggested that Exemption Limit in Rate of Tax for Individual and HUF should be increased from 2 Lakh to 3 Lkah (Basic Exemption Limit) from 5 Lakh to 10 Lakh (10% Tax) and from 10 Lakh to 20 […]
CII has called for a comprehensive review of the Companies Act 2013 and Companies Rules, 2014 issued thereunder. “Due to the hurried pace in which the Companies Act, 2013 and the Companies Rules, 2014 were implemented, the industry barely got an opportunity to absorb and understand the provisions or their impact in their entirety. Many new […]
SEBI Chairman urges Industry to understand the intention behind new disclosure and governance norms / Its time Industry takes steps to strengthen Capital Markets: U K Sinha, Chairman, SEBI “Corporates should run their own Pension Funds for their non-EPFO category employees and invest funds in the equity market”, urged Mr U K Sinha, Chairman, Securities […]
Arun Jaitley to hold pre-budget consultations from tomorrow Pre-Budget consultations will kick off from today. In this exercise, Finance Minister Arun Jaitley will hold meeting with different stakeholders including, representatives of industry chambers, trade unions, financial services sector and state finance ministers to get sector-specific suggestions for the Budget. Today, Mr. Jaitley will hold meeting […]
