The Institute of Chartered Accountants of India (ICAI) has said that the agriculture companies might not have to converge fully with international financial reporting standards (IFRS) and a part of their convergence process would be deferred by anoth
Supreme Court today said it would waive the 1 per cent court fee on the Income Tax Department, on the Rs 2,500 crore deposited by the Vodafone International Holdings, if the government gives an undertaking that it would not make claim of unjust enrichment
Next time you go to a bank ATM, be ready to re-enter your PIN afresh for every transaction you wish to conduct, such as money withdrawal, balance enquiry and checking account details. In order to check misuse of ATM cards by unauthorised people, RBI
The Income Tax Department has assessed the total taxable income of suspended IAS officer Rajesh Rajora, facing corruption charges, at Rs 5.21 crore and fixed a tax liability of Rs 1.5 crore against him. IT Department sources said that as per the asse
Invoking a provision in the Supreme Court Rules that has been used rarely, the Registry had asked for 1% of the Rs 2,500 crores deposited by Vodafone as fees when the government wanted to withdraw it under an interim order passed by the apex court.
Bank of Baroda and Canara Bank are among state-run banks that have been summoned by the finance ministry to discuss higher dividend payouts in an effort to cut fiscal deficit amid fears of shortfall in disinvestment gains. Chiefs of many banks will m
In sharp contrast to a nearly two-decade-long investigation by the CBI, an income tax tribunal bench has ruled that Rs. 41 crore was paid in bribes to Ottavio Quattrocchi, an Italian businessman once considered a friend of the Gandhi family, and Win
Applications are invited online from the firm of Chartered Accountants who intended to be empaneled with this office for the year 2011-2012 for appointment as auditors of Government Companies / Corporations.
Chartered Accountant firms in India with at least one full time (See Note 1 Below) FCA (Partner/Sole Proprietor) can apply for empanelment with this office for allotment of audit of Public Sector Undertakings. The criteria for empanelment and sele
Enforcement and tax officials will keep a close watch on the proceedings of players auction for IPL-4 which will see as many as 350 top cricketers from India and abroad go under the hammer in Bangalore later this week. The financial dealings and investments of the earlier editions of IPL are already under the scanner of agencies like the Income Tax department and Enforcement Directorate (ED) since last year when extensive searches were conducted at the IPL headquarters in Mumbai and offices of various franchises.
