Invitation for Chartered Accountant Firms for appointment as Internal Auditors of Maharashtra Electricity Regulatory Commission

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TERMS OF REFERENCE   1.  Introduction   2.  Functions of the Commission; Determination of Multi Year Tariff (MYT), Annual Revenue Requirement (ARR), Annual Performance Review (APR) of the Transmission Licensees, Distribution Licensee i.e. MSETCL/MSEDCL, Tata Power Company Limited, Transmission & Distribution Business, Reliance Infrastructure Limited, Transmission & Distribution Business, BEST, Adani Power Ltd, Transmission Pricing of … Read more

Gross direct tax collection during April-December 2014 is up by 12.93 percent

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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

Revised stipend rate for CA article students

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[TO BE PUBLISHED IN THE GAZETTE OF INDIA , EXTRAORDINARY,  PART III, SECTION 4]  THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA  NOTIFICATION  New Delhi, the 23rd January, 2015 No. 1-CA(7)/167/2014.- Whereas certain draft regulations further to amend the Chartered Accountants Regulations, 1988, were published as required by sub-section (3) of section 30 of the Chartered … Read more

How to use the WhatsApp messenger on your computer? Step by step procedure of using WhatsApp messenger on your computer

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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

Interest Subvention Scheme for farmers as per Union Budget – 2014-15

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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

Applications are invited from the tax lawyers for representing tax matters of the Income Tax Department in the High Court

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OFFICE OF THE COMMISSIONER OF INCOME TAX (JUDICIAL) ROOM NO. 162A, C.R.BUILDING, NEW DELHI-110002 TELEPHONE : 23705781 F. No. CIT (Judicial)/Empanel of Counsels/2015/2014-15/1459 Dated: 21.01.2015   NOTICE FOR EMPANELMENT OF STANDING COUNSELS Applications are invited from the tax lawyers of substantial standing and repute and with good academic credentials for the empanelment of Senior and … Read more

European Commission Lifts Ban on Import of Mangoes from India

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The European Commission having paid due cognizance to the audit findings in its meeting in Brussels on 20.01.2015 decided to lift the ban on import of mangoes from India. This news has been widely welcomed by farmers and exporters in the country as well as mango lovers in Europe, particularly in U.K.  Specifying the efforts … Read more

CA IPC and CA Fina examination time table and exam centers

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[Set up by an Act of Parliament] Post Box No.7112, ‘ICAI BHAWAN’, Indraprastha Marg   Similarly, Examinations in PostQualification Course under Regulations 204, viz.: Insurance and Risk Management (IRM) examination (which are open to the members of the Institute) will be held on the dates given below at the above places (centres in India only) … Read more

CBDT has published the explanatory notes to the provision of the finance act (No. 2) 2014

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1.       Introduction 1.1 The Finance (No.2) Act, 2014 (hereafter referred to as ‘the Act’) as passed by the Parliament, received the assent of the President on the 6th day of August, 2014 and has been enacted as Act No. 25 of 2014. This circular explains the substance of the provisions of the Act relating to … Read more