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Tax structure needs to be simplified

Tax Structure Needs to be Simplified to Help the Taxpayers Becoming Tax Compliant Rather than Tax Evaders: Ms Nirmala Sitharaman, Minister of State for Finance Ms. Nirmala Sitharaman, Minister of State for Finance said that tax structure needs to be...


FM asks Income tax officers to use non intrusive methods of investigation

Finance Minister Asks Officers of Income Tax Department to Maximise the Use of Non Intrusive and Innovative Methods of Investigation; Calls for Training for Upgradation of Skills and Need for Capacity Building The Union Finance Minister, Shri Arun J...


MCA forms likely to change

Versions of the forms CHG-1, CHG-4, FC-2, FC-4, Form 20B, Form 2LLP, Form 67, INC-22, INC-23, INC-24, MR-2, MSC-1, SH-8, INC-28 are likely to change w.e.f 25th July 2014...


New President communique to CMA fraternity

New President communique to CMA fraternity Detailed information has been attached herewith...


Income Tax department to remain open on 26th July and 27th July 2014

F.No.225/121/2014/ITA.IIGovernment of IndiaMinistry of FinanceCentral Board of Direct Taxes New Delhi, the 24th July, 2014Order under Section 119(1) of the Income tax Act,1961. The due date for filing of return of income within the meaning of Explana...


ITR 6 efiling utility released for AY 14-15

ITR 6 can be used by a company, other than a company claiming exemption under section 11. To know further in details, find the enclosed attachment...


Group to comprehensively take up the issue of allowing Indian CA firms to use internationally recognized names

Group to comprehensively take up the issue of allowing Indian Chartered Accountancy firms to use internationally recognized names alongwith Report on administrative issues relating to Regulation 190 of the Chartered Accountants Regulations, 1988. - (...


Clarification on transitional period for resolutions passed Under the Companies Act, 1956

Clarification on transitional period for resolutions passed Under the Companies Act, 1956 Detailed information has been attached herewith...


Indirect tax collection increases by a modest 4.5 percent

Indirect Tax Revenue (Provisional) Collections During April-June 2014 Increase from Rs 1,08,639 Crore to Rs.1,13,570 Crore Registering an Increase of 4.5 % over the Corresponding Period in last Financial Year The overall growth in Indirect Tax Reve...


New CMA President and Vice President elected

CMA Dr. A S Durga Prasad & CMA P V Bhattad elected as new ICAI President & Vice President of the Institute for the year 2014-15 Newly elected President and Vice President for the year 2014-15 CMA Dr. A.S. Durga P...