Chartered Accountants Examinations to be held from 2nd – 16th May, 2011 and the Common Proficiency Test (Paper-Pencil Mode) to be held on 19th June, 2011. Members who are interested to act as Observer at the examination centres during the examination days may download the attached Empanelment Form and send the same to:
Board of Studies is pleased to announce the 4th Batch of this programme on professional skills development from 4th March 2011 at COE, Hyderabad. This programme offers an unique opportunity and would focus on development of communication skills, leadership skills, personal traits as well as technical skills for effective functioning in business organization and profession.
Country’s largest lender State Bank of India (SBI) plans consolidation of remaining 5 associate banks with itself in the next 12-18 months. .. the bank (SBI) envisages consolidation of all subsidiary banks with SBI within a period of 12 to 18 months, Finance Ministry informed the Standing Committee on Finance.
The Candidates appearing in the next Professional Competence Examination (PCE), Integrated Professional Competence Examination (IPCE), Final Examinations and Insurance and Risk Management Examination of the Institute to be held from 2nd May, 2011 to 16th May, 2011 may kindly note that the Examination Timing has been changed from 9.00 AM – 12.00 Noon to 02.00 PM – 05.00 PM (IST) owing to unavoidable circumstances.
Excise department has claimed to have unearthed an excise duty theft of Rs 57 crore during a raid at an illegal ‘gutka’ manufacturing unit here. Two staffers of the gutka factory have been arrested and search was on to trace its owner, central excise officials said here today.
Standing Committee on Finance Chairman Yashwant Sinha today suggested raising the income tax exemption limit from Rs 1.6 lakh to Rs 2 lakh in the Budget apparently to provide relief to common man reeling under the impact of high inflation.
The total income tax arrears in the country stood at Rs 2,48,927 crore on April 1, 2010, and the Central Board of Direct Taxes (CBDT) is tasked to monitor all outstanding dues of above Rs 10 crore, Parliament was informed on Tuesday. In a written reply in the Rajya Sabha, Minister of State for Finance S S Palanimanickam said the total outstanding arrears which stood at Rs 2,13,646 crore as on April 1, 2009, further increased to Rs 2,48,927 crore at the start of the current fiscal.
The government may raise the income tax exemption limit in the upcoming Budget to provide some relief to the taxpayer from inflation, Goldman Sachs said today. “Income tax relief can be provided to lower income brackets to compensate for inflation. This could take the form of raising the tax exemption limit from the current Rs 1.6 lakh,” it said in a report.
Design of the National Tax Headquarters has been finalized after holding an open competition in association with the Council of Architecture (CoA). Out of the 133 prequalified architects, 58 had participated in the competition. The entries were adjudged by an eminent jury comprising five architects and four non-architects. M/s Vistaar Architects & Planners, a Mumbai based architect firm finally won the design competition held by the Department of Revenue for the construction of National Tax Headquarters on Kasturba Gandhi Marg in the national capital. The results of the competition were announced yesterday by the Ministry of Finance.
Unique Identification Authority of India (UIDAI) has suggested constituting a joint working group of Securities and Exchange Board of India (SEBI) and UIDAI to work out the modalities for recognizing ‘Aadhaar’ as a proof of address and proof of identity for Know Your Client (KYC) purposes in the securities market.
