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FICCI demands 30% income tax on income above Rs 20 lakh

December 24, 2012 10267 Views 0 comment Print

Industry body Ficci has demanded that the highest income tax rate of 30 per cent should be levied on income above Rs 20 lakh as against Rs 10 lakh currently from next fiscal to encourage consumption. This needs to be re-visited as the tax rate of 30.9 per cent (inclusive of education cess) on income of Rs 10 lakh and above casts a sizeable burden on the middle class,

ICAI want members to encourage articled trainee(s) to undergo the GMCS-I & II

December 24, 2012 1763 Views 0 comment Print

The Council at its Special Meeting held on 2nd February, 2011 considered the recommendation of the Board of Studies that the General Management and Communication Skills (GMCS) Course should be undergone by the articled assistants twice during the period of their articled training as under:

Sachin Tendulkar Retires From One-Day Cricket

December 23, 2012 2006 Views 0 comment Print

India batsman Sachin Tendulkar has announced his retirement from one-day international cricket. The Board of Control for Cricket confirmed the 39-year-old, regarded as the world’s greatest living batsman, had decided to bring an end to his 50-over career after 463 one-day international caps. Tendulkar spoke to BCCI president Narainswamy Srinivasan before announcing the decision.

ICAI – List of Candidates elected to Central Council from Western Region

December 23, 2012 4016 Views 0 comment Print

SR. NO     NAME OF CANDIDATE – Central COUNCIL(west) 24.            Zaware Shiwaji Bhikaji-Pune 22.            Shah Dhinal Ashvinbhai-Ahmedabad 13.            Jambusaria Nihar Niranjan-Mumbai 23.            Vikamsey Nilesh Shivji-Mumbai

Salient Features of Banking Laws (Amendment) Bill 2012

December 22, 2012 12873 Views 0 comment Print

The Banking Laws (Amendment) Bill 2011 was introduced in order to amend the Banking Regulation Act, 1949, the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980. The said Bill has been passed by both the Houses of Parliament during its just concluded Winter Session.

WIRC and CIRC Vote Counting Status on 21.12.2012 at 10 P.M.

December 21, 2012 2028 Views 0 comment Print

CIRC Position after elimination of candidate at Sr.No.16 CA.Suresh Kabra SR.NO NAME OF CANDIDATE – WIRC(COUNCIL) VALUE RANK 22 Shah Dhinal Ashvinbhai-Ahmedabad 2570 1 24 Zaware Shiwaji Bhikaji-Pune 2540 2 13 Jambusaria Nihar Niranjan-Mumbai 2363 3 23 Vikamsey Nilesh Shivji-Mumbai 2242 4 19 Maheshwari Sanjeev Krishnagopal-Mumbai. 1890 5 9 Ghia Tarun Jamnadas-Mumbai 1877 6 14 […]

Achievements of Ministry of Corporate Affairs during 2012

December 21, 2012 1176 Views 0 comment Print

Passage of the new Companies Bill by Lok Sabha and introduction of the Competition Commission of India (Amendment) Bill 2012 in the Parliament are the highlights of the achievements of the Ministry of Corporate Affairs during 2012

Government Reviews Foreign investment Policy for Assets

December 21, 2012 792 Views 0 comment Print

The Central Government had permitted Foreign Direct Investment (FDI) in the equity capital of Asset Reconstruction Company (ARCs) upto 49% vide Press Release dated 08.11.2005. Further, on 09.11.2005, the Government permitted the Foreign Institutional Investors (FIIs) registered with the Securities and Exchange Board of India (SEBI) to invest in Security Receipts (SRs) issued by ARCs upto 49% of each tranche of scheme of SRs.

ICAI declares date, Centres, fees and last date for May 2013 CA Examinations

December 21, 2012 9487 Views 0 comment Print

No. 13-CA (EXAM)/M/2013: In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to notify that the Intermediate (Integrated Professional Competence) and Final examinations will be held from 2.00 PM to 5.00 PM) (IST) on each day on the dates given below at the following centres provided that sufficient number of candidates offer themselves to appear from each centre.

Download Companies Bill, 2012 as passed in Lok Sabha on 18.12.12

December 21, 2012 8846 Views 0 comment Print

Download Companies Bill 2012 As Passed By The Lok Sabha On 18.12.2012 The text of the Companies Bill 2012 as passed by the Lok Sabha on 18.12.2012 is available for download. DOWNLOAD FULL TEXT OF COMPANIES BILL 2012

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