As a part of the G-20 commitment made in September, 2009, India which is a Member Country, inter-alia, agreed on redoubling the efforts to achieve a single set of high quality, global accounting standards within the context of their independent stand
Industry body Assocham on Thursday asked the government to provide exemption or concession on service tax on rentals to help the retail sector, besides scrapping the levy on dividend received by a subsidiary of a company. Representatives of the indus
A special court conducting trial in the multi-crore accounting fraud in Satyam Computers here today recorded the statements of two state government officials, while a banker was cross-examined. A sub-registrar official D Vasudeva Reddy (Medchal in R
As overseas remittances continue to jump, the Comptroller and Auditor General (CAG) is concerned that the tax collections have not matched the growth in foreign exchange earnings amid fears that some of these transactions may have completely escaped
We have pleasure to inform you that the 52nd National Cost Convention of The Institute of Cost & Works Accountants of India is being organized by Southern India Regional Council from 6th January,2011 to 8th January,2011 in the most happening city of Chennai the State Capital of Tamilnadu. The Students and Practioners Convention are also being organized on the 5th January 2011.
The Reserve Bank of India (RBI) will release the draft guidelines for new bank licences by the end of January, its chief said here on Thursday. RBI Governor Duvvuri Subbarao told reporters after the apex bank’s board meeting that it had sought feedback from the public on several issues relating to the new licences.
Public sector Reserve Bank of India today said it has upped interest rates on its domestic term deposits by up to 1.75 per cent. The upward revision is with effect from today, the bank said in a press release issued here. For deposits of a maturity
Complainant, the Manager of a private company at Latur (Maharashtra) alleged that his company had applied on-line for Central Excise Registration with the Nanded Division of Central Excise in May, 2010. The accused officials had inspected the factory
the Institute of Chartered Accountants of India is pleased to announce the setting up of a Branch of Southern India Chartered Accountants Students’ Association at Udupi with effect from October 28, 2010.
Corporate India is likely to switch to the new accounting system as per schedule as all pending issues related to tax implications required for convergence with International Financial Reporting Standards (IFRS) have been addressed by the finance min
