Download ICWAI Revision Test Papers(RTP) for JUNE 2011 EXAMS. Links of ICWAI RTPs : Group 1- Download. Group 2- Download. Group 3- Download. Group 4- Download.
As you are aware, the Elections to the 11th Council and four Regional Councils of the Institute of Company Secretaries of India were held in 2010 in accordance with the Company Secretaries (Election to the Council) Rules, 2006 read with the Company Secretaries Act, 1980 and the Company Secretaries Regulations, 1982. The elections to the Managing Committees to the Chapters were also held recently in terms of the Company Secretaries Chapter Guidelines, 1983.
MOU between ICWAI and CBEC entered into on 13th April 2010 to facilitate Cost Accountants to set up Certified Facilitation Centres (CFC) under the Automation of Central Excise and Services Tax (ACES) Scheme of CBEC has been extended with effect from 1st April 2011 for a period of two years and shall remain valid till 31st March 2013 unless the Scheme is withdrawn by CBEC.
The Income Tax Department has asked taxpayers to furnish details earned from agriculture in its newly modified I-T return form — Sahaj — for assessment year 2011-12. Known as Saral-II and originally meant for the service-class, the Sahaj form has a column devoted to income from agriculture. “This information on agricultural income is for record only and not to be taxed,” a senior I-T official said.
Sugam – Presumptive Business Income tax Return- SUGAM (ITR-4S) for A.Y. 2011-12 Financial year 2010-11. Indian Individual Income tax Return for those who are not having Income from Business but having Income from Salary – ITR-1 SAHAJ for A.Y 2011-12 Financial Year 2010-11. ITR –V Acknowledgement for ITR-1 SAHAJ, ITR- 2, ITR-3, SUGAM (ITR-4S), ITR-4, ITR 5 and ITR 6- ITR-V-ACKNOWLEDGEMENT for ITR 1 to 7.
India’s largest lender, the State Bank of India (SBI) is set to increase its base rate by 25 basis points, the Business Standard reported Monday. According to the report, the SBI is set to increase its base rate by 0.25 percent before the Reserve Bank of India’s annual policy review schelduled for May 3.
ING Investment Management India is launching its ING Optimix Financial Planning Fund (an open ended fund of funds scheme) aiming to simplify investing in mutual funds. The most unique feature of this fund is its ability to invest across carefully selected best of breed Funds from different asset management companies in one convenient fund. In addition, investors can invest in 4 different asset classes; Liquid Funds, Debt Funds, Equity Funds and Gold ETFs while getting the flexibility to choose from 4 convenient plans that cater to different risk tolerance levels investors may have.
INFLATION BURNINGS: The RBI came up with another round of old fashioned rate hike to control inflation. We have already witnessed 7 rate hikes within 2010-2011 to control the food inflation. Every time we find RBI using words related to control the devil of inflation by compensating growth, but this time their was a twist […]
Shri Anand Sharma, Union Minister of Commerce & Industry during the bilateral meeting with Mr. Richard Bruton Ireland, Minister for Enterprise, Jobs and Innovation, has expressed satisfaction that negotiations of the EU–India Broad-based Trade and Investment Agreement are intensifying with the 12th Round of negotiations scheduled for 31st March to 6th April, 2011 at Delhi, India is over. Shri Sharma said, “Both the sides committed to a balanced, ambitious agreement by 2011. It is hoped that this agreement will lead to increase in opportunities for market access in both goods and services for each other”.
U.S. companies face the sixth- highest effective tax rate in the world, according to a study by PricewaterhouseCoopers LLP. The tax rate for the largest U.S. companies between 2006 and 2009 was 27.7 percent, compared with a non-U.S. average of 19.5 percent, according to the study released today. Companies based in Japan, Morocco, Italy, Indonesia and Germany faced higher tax rates. Excluding the U.S., companies based in industrialized countries had an average rate of 22.6 percent.
