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Free of cost tool kit to all the members and CA Firms by ICAI committee for capacity building

July 24, 2010 4087 Views 0 comment Print

Committee for Capacity Building CA Firms and Small & Medium Practitioners, ICAI launches Audit Toolkit (KDOC-eSecretary) and made arrangement for access to Capitaline TP Database for transfer pricing.Audit Tool Kit & Document Management Software

CBI booked PF commissioner for causing loss of Rs. 24.91 crores to Government

July 24, 2010 534 Views 0 comment Print

THE Central Bureau of Investigation has registered a case against the then Regional Provident Fund Commissioner-II(EPFC-II), Employees Provident Fund Organisation(EPFO), Sub-Regional Office, Vashi (Maharashtra), now posted at Thane, EPFO and the Enforcement Officer of EPFO, Vashi and others for causing loss of Rs.24.91 crores to Government.

FIPB approves 18 Proposals of FDI

July 24, 2010 675 Views 0 comment Print

Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on July 12, 2010, Government has approved 18 Proposals of Foreign Direct Investment amounting to Rs. 2245.32 Crore approximately.

Information Systems Audit [ISA] Assessment Test – Results likely to be declared on 4th August, 2010 around 2.00 PM

July 24, 2010 387 Views 0 comment Print

The result of the Information Systems Audit [ISA] Assessment Test held on 26th June, 2010 is likely to be declared tentatively on 4th August, 2010 around 2.00 PM at the Institute’s office at New Delhi. The result of the above Assessment Test will be available on the Institute’s website www.icai.org

MAC, CMC, TMC, IRM and ITL & WTO Examinations – Result likely to be declared tentatively on 4th August, 2010 around 2 P.M

July 24, 2010 616 Views 0 comment Print

The results of the Management Accountancy Course (Part-I), Corporate Management Course (Part – I), Tax Management Course (Part-I), Insurance and Risk Management [IRM] and International Trade Laws & World Trade Organisation [ITL & WTO] Examinations held in May, 2010 are likely to be declared tentatively on 4th August, 2010 around 2 P.M. at the Institute’s office at New Delhi.

Department makes arrangement to help taxpayers File Income Tax Returns in 5 minutes

July 23, 2010 544 Views 0 comment Print

Ninety counters, 40 help desks and 150 staff. All this to assist Bangaloreans file their annual income-tax returns. “The process has been simplified. Staff will be increased to 300 by Saturday. There is stationery stall and photocopy shop. People can pay at the Axis Bank special counter using their Mastercard, Visa, credit and debit cards.

Govt invokes secrecy provisions of DTAA to block all information about its effort to recover tax on black money

July 23, 2010 450 Views 0 comment Print

At a time when it is accused of doing little to unearth lakhs of crores of rupees stashed abroad illegally, the Centre on Wednesday invoked secrecy provisions of double taxation avoidance agreement (DTAA) to block all information about its efforts to retrieve them.

SEBI barred use of mobile phones in dealing rooms

July 23, 2010 3600 Views 0 comment Print

Most mutual funds have barred use of mobile phones in their dealing rooms to prevent front-running, though regulations didn’t require them to do so until recently. Last week, the Securities and Exchange Board of India (Sebi) made this ban official on the heels of its recent order, which pulled up an equities dealer at HDFC Asset Management for leaking information of its planned trades to a few other investors.

Sebi asked mutual fund houses to maintain records of phone conversations in dealing rooms for eight years

July 23, 2010 1167 Views 0 comment Print

The regulator’s direction follows a June 17 order banning HDFC asset management company’s (AMC) former equities dealer, Nilesh Kapadia, from stock market transactions. Kapadia was barred after allegations that he had tipped off his friend before placing orders for the fund house.

BSE to start separate exchange platform for the small and medium-size (SME) enterprises

July 23, 2010 348 Views 0 comment Print

The Bombay Stock Exchange will start a separate platform for the small and medium-size (SME) enterprises by the year-end, a top bourse official said today. “We are awaiting Sebi approval. I am hopeful that in 3-6 months we will start the SME exchange,” BSE Deputy CEO Ashish Chauhan told PTI.

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