Review of the policy on Foreign Direct Investment (FDI) in Multi-Branded Retail Trading Cabinet Decision The Union Cabinet today approved the proposal for amendment in the existing FDI policy in Multi-Brand Retail Trading (MBRT) in para 6.2.16.5(1) (iii), (iv) and (vi) of ‘Circular 1 of 2013 – Consolidated FDI Policy. a) Amendment in para 6.2.16.5(1) […]
Presently the rate of Interest Subvention for credit obtained by exporters is 2%. There has been persistent demand to both increase the rate of subvention and also to widen the coverage. At present, all exporters who are micro and small enterprises, irrespective of the export sector, are beneficiaries of this scheme. In addition, the exporters […]
As a Measure of Taxpayers Convenience, Last Date of Filing of Returns Extended to 5th August, 2013 There is an unprecedented surge in number of returns being e-filed during this year. 92.03 lakh returns have been e-filed up to 30th July, 2013 which is 46.8 % higher than the returns e-filed during the corresponding period […]
Service Tax return (ST-3) for the period October’12 to March’13 is now available for e-filing. Please download the offline utility from http://acesdownload.nic.in/ or from ‘DOWNLOADS’ Section of ACES website. The online version of the return will be made available shortly and the exact date will be intimated on ACES website.
Today is the last date for Return Filing for the Assessee Including Individual, HUF, partnership Firm Etc whose Accounts are not required to be audited under the Income Tax Act or any other law and also for a working partner of a firm whose accounts are not required to be audited under the Income Tax […]
Overwhelming Response for e-filing from Every Corner of the Country; More than 82 Lakh Returns E-Filed till 29th July, 2013 which is More than 40% of the Returns e-filed during the Same Period Last Year; Record Peak of more than 85,000 Returns Per Hour Achieved . The due date for filing of Income Tax Return […]
As the members are aware that all audit reports in respect of audits of financial statements for period beginning on or after 1st April 2012 are to be issued in accordance with the requirements of SA 700 (Revised) – Forming an Opinion and Reporting on Financial Statements. We were receiving messages seeking clarification regarding applicability of SA 700 on tax-audit reports, i.e. Form No. 3CA/3CB.
Result of the Chartered Accountants Intermediate (IPC) Examinations held in May, 2013 are likely to be declared on today, the 31st July, 2013. Results will be available on the following website: http://www.caresults.nic.in Read More on – Result of CA Intermediate (IPC) Examinations held in May, 2013 likely to be declared on 31st July, 2013
Union Labour & Employment Minister Shri Sis Ram Ola has emphasized that the Employee Provident Fund Organization (EPFO) must give priority to timely settlement of claims for provident fund. In a meeting with the senior officers of EPFO the minister has also emphasized that due to improvement and availability of technology, the citizen rightly expects […]
The Council at its 326th Meeting being held from 27th-29th July, 2013 at ICAI Bhawan, New Delhi has decided to grant one time extension to students, who were registered for practical training between 1st May, 2012 and 31st December, 2012 to complete GMCS-I Course latest by 31st December, 2013.
