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CMA President's Communique for December 2013

December 3, 2013 1836 Views 0 comment Print

On the wake of the Draft Companies (Cost Records and Cost Audit) Rules, 2013 notified by the Ministry of Corporate Affairs, Government of India on 21st November, 2013 U/s 148 of the Companies Act, 2013,

United Nations Handbook on Administration of Double Tax Treaties

December 1, 2013 1448 Views 0 comment Print

Tax treaties play a key role in the context of international coop¬eration in tax matters. On the one hand, they encourage international investment and, consequently, global economic growth, by reducing or eliminating international double taxation over cross-border income. On the other hand, they enhance cooperation among tax administra¬tions, especially in tackling international tax evasion.

ICAI Advisory On Unstructured CPE Learning Activities

November 30, 2013 6726 Views 0 comment Print

8. UNSTRUCTURED CPE LEARNING ACTIVITIES 8.A Introduction 8. A.01 The CPE learning activities, which are eligible for CPE Credit hours are divided into Structured Learning Activities (SLAs) and Unstructured Learning Activities (ULAs). This Advisory is meant as guidance and direction to the members who want to avail CPE Credit hours through ULAs.

Revised Draft Bank Branch Auditors' panel for the year 2013-14

November 28, 2013 597 Views 0 comment Print

We would like to inform that the revised Draft Bank Branch Auditors’ panel for the year 2013-14 has been hosted on www.meficai.org, considering all the complaints received from member till 25th November, 2013, paper received thereof,  relevant list received from Auditors’ on 26th November, 2013 and the same will be available till 29th November, 2013 upto 3 o’clock.

ICAI releases DVD of 61 Years of The CA Journal

November 28, 2013 789 Views 0 comment Print

DVD of 61 Years of The Chartered Accountant Journal Released- In our efforts to inform and update our members and other stakeholders, we have recently launched a DVD containing 61 years of The Chartered Accountant journal, during the recently-held ICAI International Conference in Kolkata.

Cost Competitiveness vs. Compliance

November 26, 2013 946 Views 0 comment Print

CMA Suresh Chandra Mohanty, President of the Institute, in a press release, expressed deep concern that the Draft Companies (Cost Record and Cost Audit) Rules, 2013 issued by the Ministry of Corporate Affairs would hurt the economy, the corporate sector and the profession.

IRS Association anguish & hurt with Arvind Kejriwal's remarks

November 26, 2013 2879 Views 0 comment Print

IRS Associationhas written a letter to  Aam Aadmi Party Chief and former Income Tax Additional Commissioner Arvind Kejriwal and conveys its strong anguish and hurt at various statements being attributed to him which malign the image of the Income-tax Department and its employees, blaming them for corruption in a generalized manner, through media including various […]

CMA Body to demand more coverage under draft Cost Audit & Record Rules

November 24, 2013 1544 Views 0 comment Print

The Council of the Institute expresses its deep concern and feels that the Draft Rules on Cost Records and Cost Audit do not address the basic objective of inculcating cost competitiveness across all sectors, expressed by Honourable Parliament and Standing Committee on Finance on several occasions.

Investors – Don’t Miss to watch Plan F program on CNBC TV 18

November 24, 2013 1535 Views 0 comment Print

CA Sandeep Kanoi I just came to know about one very interesting investor education initiative called “Plan F- your financial fitness plan” and thought of sharing the same with you all. My very dear friend and blogger Manish Chauhan of www.jagoinvestor.com shared the program details with me and I would like to pass on details about this […]

House Tax in UP can be now 6 times!!

November 24, 2013 612 Views 0 comment Print

The proposal regarding increment of the house tax in UP is soon to be presented before the cabinet. Houses in UP has been divided into 10 types depending upon the use made therein. Four star and above hotels, Pubs, Bar and Restaurants where alcohols are also served is now to pay tax 5 times more.

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