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Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi, 23rd January, 2015 PRESS RELEASE Gross direct tax collection during April-December of the Financial Year 2014-15 is up by 12.93 percent at Rs. 5,46,661 crore as against Rs. 4,84,063 crore collected during the same period last year. Gross … Read more
WhatsApp messenger is now available your computer. WhatsApp Web is a computer based extension of the WhatsApp account on your phone. The messages you send and receive are fully synchronize between your phone and your computer, and you can see all messages on computer as well as on your mobile. The step by step procedure of … Read more
RBI/2014-15/417FIDD.No.FSD.BC.48/05.04.02/2014-15 January 21, 2015 To, The Chairman / Managing DirectorAll Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam Union Budget – 2014-15Interest Subvention Scheme As directed by the Government of India and in pursuance of the budget announcement made by the Finance Minister relating to the Interest Subvention Scheme 2014-15, Interest subvention of 2 … Read more
In order to infuse more transparency into Budget making exercise and to have people as partners to the process of budget making, the Ministry of Finance, Government of India has decided to invite suggestions from public at large for Union Budget 2015-16. Those desirous of sending suggestions for Budget 2015-16, may send their Budget suggestions … Read more
Registering an Increase of 6.7% During April-December 2014 over the Corresponding Period in the Previous Year; Customs Collections Increase by 9.7 % While Service Tax Collections Increase by 8.7 % During the Same Period Indirect Tax Revenue (Provisional) collections have increased from Rs 3,54,049 crore in April-December 2013 to Rs. 3,77,648 crore during April-December 2014. Thus an increase … Read more
Taxclick.org provides free updates to taxpayers, finance professional and finance students on direct taxes, indirect taxes, company law, ICAI regulation, RBI, MVAT/CST, and all other financial related issues. Another objective of the website is to make available all information regarding the professional opportunities, assistance, news, views and thoughts of other professional colleagues. If you are … Read more
FOR INFORMATION OF THE MEMBERS Subject: Extension of last date “for complying with the CPE hours requirement for the Calendar Year 2014” – from 31st December, 2014 to 31st March, 2015 This is for kind information of the members that it has been decided to extend the last date for complying with the CPE hours … Read more
The Act came into effect from 01.01.2014 but it has been reported that many difficulties are being faced in its implementation. In order to remove them, certain amendments have been made in the Act to further strengthen the provisions to protect the interests of the ‘affected families’. In addition, procedural difficulties in the acquisition of … Read more
Attention has been drawn to certain issues raised on the certification work done by the members of the profession in the report of Comptroller and Auditor General of India (C&AG) entitled ‘Appreciation of Third Party (Chartered Accountant) Reporting in Assessment proceedings’ (Report No. 32 of 2014). The issues raised in said report were deliberated in the recent … Read more
To take part in the cleanliness drive to mark “Good Governance Day” the Prime Minister Shri Narendra Modi visited Varanasi on Dec 25’14. During the visit, Hon’ble Prime Minister nominated the Institute of Chartered Accountants of India (ICAI) for the Swachh Bharat Abhiyan in addition to other personalities and organisations. While announcing the Swachh Bharat … Read more