CA NeWs Beta*: April 2016

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Saturday, April 30, 2016

CBDT publishes direct taxes related data for first time

ecommerce, ecommerce tax, cbdt, ecommerce cbdt, cbdt panel ecommerce, tax on ecommerce It also discloses the Permanent Account Number (PAN) allocation across various categories and gender by the end of 2013-14 fiscal. (PTI)
In a first, CBDT has made public a host of hard data on the total number of taxpayers in the country, income disclosed in income tax returns by various category of taxpayers and number of PAN holders

Only 10 lakh earning over Rs 10 lakh a year declare income

NEW DELHI: There are just over 10 lakh income tax assesses in India declaring income in excess of Rs 10 lakh a year, data released by the government showed.

There were less than 20,000 assesses in 2012-13 declaring income in excess of a Rs 1 crore a year. Of

Cost accountants And Bank Stock audit concurrent audit

Wednesday, April 27, 2016

Top 20 Benefits of landline over mobile phone



Benefits of landline over mobile phone
Issues
Landline
Mobile phone
Billing
At the end of the month
Prepaid at the beginning of the month
Savings
Saves one month interest
Service provider uses your money to earn interest.
Handsets
Avg life of handset 20 years
If cordless 3 to 5 years
Avg life maximum 3years
Capital cost
One handset of Rs.1000 for 20 years.
One cordless handset of Rs.2000 every 5 years Rs.10000
Savings in capital cost on handset upto Rs.1 lakh in 20years
One handset every 3 years @ Rs.20000 for 20 years around

Friday, April 22, 2016

Self-Declaration Form to Avail CPE Hours Credit for Unstructured Learning Activities

You can get maximum 10 CPE hours in 2014, after sending a Self Declaration Form at below noted address of ICAI. (if your age is less than 60 years)  If age is 60 years or

Thursday, April 21, 2016

Vacancy for CA in CISCO

Date: Apr 20, 2016
Location: Bangalore, Karnataka, India
Additional Location(s) or Information:
Job Category: Finance
Level of Experience: Experienced - Non Manager
Requisition #: R1010247
Description:
The Business Entity

The Cisco Financial Planning & Analysis (FP&A) team has an exciting opportunity for Financial

BSNL’s Jaw Dropping Offer to Trigger Massive Price War: Launches 20GB 3G Data Pack At Rs 50

In one of the sensational offers ever launched, BSNL has decided to offer 20 GB 3G data for only Rs 50. And this 20 GB can be shared among 5 users, all over India.
Right now, 1 GB of 3G data is being sold for Rs 160-250 by various telecom players; but BSNL
Read more »

Annual Return MGT-7 and MGT-9 in word formats

List of Countries in the world which are considered tax havens as tax rates there are either nil or very low for income earned

  1. Andorra
  2. Anguilla
  3. Antigua
  4. Antillas
  5. Aruba
  6. Australia

Vacancy for CA/ICWA Inter in Transmission Corporation of Andhra Pradesh Ltd.

Eligibility : CA, ICWA
Location : Hyderabad
Last Date : 26 Apr 2016

Hiring Process : Written-test, Face to Face Interview

Transmission Corporation of Andhra Pradesh Ltd. - Job Details


Student Trainees Job Position in Transmission Corporation of Telangana Ltd (APTRANSCO)

Education Qualification: CA/ICWA Inter passed .Experience :One Year

No.of Posts: 15

Remuneration : Rs.20,000

CANEWSBETA Whatsapp online subscription form

Exemption from service tax to religious trust registered under Income-tax Act

Service tax : Clause 13(c) of Notification No.25/2012, dated 20-6-2012 which exempts only building owned by entity registered under section 12AA of

How Union Budget proposals change your income tax return filing

The finance minister has proposed some changes in the provisions relating to income tax returns. Let us discuss these provisions.
Provisions relating to filing of income tax returns
At present, an individual or an HUF (Hindu undivided family) has to file its income tax return, before the due date which is generally 31st July of the subsequent year, if the total income before deducting

The Cost Accounting Standards Board (CASB), the Standard-setting body of the Institute of Cost Accountants of India, has approved the release of Exposure Draft of Guidance Note on ‘Treatment of Costs Relating to Corporate Social Responsibility (CSR) Activities’.

The Cost Accounting Standards Board (CASB), the Standard-setting body of the Institute of Cost Accountants of India, has approved the release of Exposure Draft of Guidance Note on ‘Treatment of Costs Relating to Corporate Social Responsibility (CSR) Activities’. The exposure draft is

The Central Board of Direct Taxes has issued Draft rules for Grant of Foreign Tax Credit.

The Central Board of Direct Taxes has issued Draft rules for Grant of Foreign Tax Credit. The Draft rules for grant of Foreign Tax Credit are available on the website of the Department at www.incometaxindia.gov.in for comments from stakeholders and general public. The comments

Wednesday, April 20, 2016

Vacancy for CA/ICWA in Thomson Reuters

Lead Analyst - JREQ056598
Description


Competencies
  • Good  communicator
  • Careful planning to achieve accurate and timely results

Hyderabad Court Convicts Vijay Mallya in Cheating Case

Facebook friends may be treated as connected persons for the purposes of Insider Trading: SEBI

1. Introduction
Securities Exchange Board of India (SEBI) had originally framed SEBI (Prohibition of Insider Trading) Regulations, 1992 in order to deter the practice of insider trading in the securities of listed companies. Afterwards several amendments to the said Regulations and also judicial

EY Global Fraud Survey 2016

Corporate is on a weak wicket when it comes to fixing individual in its fight against fraud, and corruption. Higher degree of loyalty to company or colleagues is seen preventing by individuals in India.

Around 80 per cent of India respondents in the Survey 2016 believe that prosecuting individuals would help deter future fraud, bribery and by executives. 

Perhaps reflecting that India Inc’s battle against corruption is going to be a long-drawn one, almost

Metric of the Month: Audit Control Violations

There has never been more pressure on finance leaders to ensure integrity in internal auditing and controls. Boards of directors want assurance that official financial statements are squeaky clean, with every piece of data in tables and in footnotes double-checked. There’s zero tolerance for such funny business, as a business unit booking revenue in one quarter while pushing related costs to the next.
In the digital age, manual/random audits no longer cut it. Companies with millions of transactions to

Nifty Companies With Weightage

Company NameSectorWeightage (%)
TCSInformation Technology9.01
Reliance IndustriesEnergy6.2

CENVAT Credit - Major Amendment

Rule 6 of the CENVAT Credit Rules, 2004 deals with reversal of CENVAT Credit attributable to Exempted Goods/Services wherein one of the option [Rule 6(3)(i)] seeks payment of an amount equal to 6% of value of the exempted goods and the provider of output service shall pay an

LPG subsidy in beneficiaries’ a/c is not taxable: FinMin


The Finance Ministry has clarified that LPG subsidy, being transferred to the bank account of

10 Smartphones with Features that You Won't Find in Any Other Phone

Members / Firms are required to update PAN details to ICAI, otherwise they would not be able to upload tax audit reports & MCA forms online

Members / Firms are required to update PAN details to ICAI, otherwise they would not be able to upload tax audit reports & MCA forms online. The photocopy of PAN card self attached along with

PNB INVITES APPLICATIONS FOR EMPANELMENT OF FORENSIC AUDITORS

Vacancy for CA / CS / CMA in Vidyadhan Academy Pvt. Ltd

Accounts Faculty
Vidyadhan Academy Pvt. Ltd. - Patel Nagar, Delhi
Part-time
Designation: Financial Accounting Faculty / Corporate Accounting Faculty / Accounts
Experience: 1 to 6 years
Timing - Morning, Evening, Weekend, Alternate Days
Number of Post - 5
Category - Financial Accounting / Advance Accounting / Corporate Accounting / Accounts
JOB DESCRIPTION: -
We Require Accounts Faculty for teaching 11th, 12th, B.Com, CA, CS and CMA Students.
QUALIFICATION: CA / CS / CMA

Tuesday, April 19, 2016

Vacancy for CA Inter / CA in Celebrity Badminton League


Job Description for Finance executive / Accounts Executive
Location - Chennai, Radhakrishnan Salai,Mylapore
Experience - 1 to 3 years
Educational Qualification - CA Inter / CA with atleast a year of experience in Tally ERP 9

CHINA SAYS "NO DOLLARS" FOR NEW YUAN

Post by U.S.Reporter- Apr 13, 2016

In a shocking move likely to crush the US economy overnight, China is refusing to make its new gold-backed Yuan, convertible from or to US Dollars.  The new Yuan will be introduced next

Air India flies into operating profit first time since merger

air india, air india economy class, air india business class, air india neos, air india news Air India hopes to bring down its net losses to less than `2,000 crore in FY17, enabling the carrier to turn cash positive in FY17-18. (Reuters)
Air India is expected to report an operating profit of Rs 8-10 crore in FY 16, the first since the

NIFTY 100 INDEX RESHUFFLING

13 SCRIPTS EXCLUDED

BAJAJ HOLDINGS

BANK OF INDIA

Rakesh Jhunjhunwala Latest Portfolio Holdings

1. A2Z Maintenance and Engineering
2.Adinath Exim Resources
3. Agro Tech Foods
4. Anant Raj
5. Aptech
6. Aurobindo

Vacancy for CA Articleship and CA semi qualified in Hemant Dharnidharka & Co

We require 4 Articleship Trainees and 2 Semiqualified CAs for our CA Firm "Hemant Dharnidharka & Co" for our Bangalore office in Brigade Metropolis Arcade, Whitefield.
Exposure in

Now you can know owner's name of any vehicle in India

Any vehicle on the road, if you want to know the name of the owner,  it is very simple. Just type  VAHAN space Vehicle No and send to
Read more »

Mitticool - refrigerator made of clay works without electricity

Monday, April 18, 2016

Vacancy for CA in Bank of America

Job description Job Description: Overview: Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and r...read more

Nifty PE, PE, Div Yield, ROE, EPS Growth Rate Charts

Nifty PE, PE, Div Yield, ROE, EPS Growth Rate Charts

Here are the latest Nifty valuations with long-term averages of PE, PB and Div Yield ratios along with ROE, rolling one-year EPS growth rate and dual moving averages obtained with the Nifty Valuation Analyzer.
The analyzer can be used to download Nifty price data automatically. Unfortunately, the NSE server

e-TDS/TCS Return Preparation Utility Ver. 1.5 for Regular & Correction quarterly e-TDS/TCS statements effective from 13/04/2016 available

e-TDS/TCS Return Preparation Utility Ver. 1.5 for Regular & Correction quarterly e-TDS/TCS

Watch: Telangana is so hot, woman cooks eggs on the floor

Vacancy for ACS/FCS in Shiva Cements Limited

Reference No. : SCL/HR/JUL15/01
Vacancy(s) : 1
Qualification : ACS / FCS from Institute of Company Secretaries of India (ICSI)
Experience : Min 5 years
Responsibility: i) Ensure compliance of various provisions of the Companies Act , guidelines on

Sunday, April 17, 2016

Reliance Communications puts up banner saying ‘4G coming soon’

reliance-4g
Anil Ambani-owned Reliance Communications has put up a banner on its website with the words “Upgrade to 4G Coming Soon”, indicating that the company will indeed start rolling out its 4G services early next month.
Media reports has indicated earlier that the company informed the government of its decision to move

Excel Calculator for Income Tax for AY 2008-09 to 2016-14.

Vacancy for CA in Vodafone

Job Description Manager - RTR - VOD0008U3 • Knowledge & experience in expense Provisioning and General Accounting • Manage the daily work allocation within team. • Follow-up and control process and individual performance. • Support Management by preparing reports and presentati...read more

Market News 18/04/16

Economic Times
·         After Zomato, Snapdeal, Grofers, more startups brace for second round of layoffs
·         RBI's foreign reserves have more than tripled
·         'India ahead among EMs in recognising bad loans'
·         Maruti gears up for another year of double-digit growth

HMRC will need more resources to close the tax gap, says ICAEW

“The latest figures show that tax fraud costs the UK £16bn a year. HMRC plays a vital role in tackling tax fraud and the PAC has rightly highlighted a number of areas where HMRC could do

Vacancy for CA/CMA in E&Y

IN-Haryana-Gurgaon Join our Core Business Services (CBS) team and you will help support the important business enablement functions that keep our organization running strong. As a CBS professional, you will work across teams to provide the knowledge, resources and tools that help EY deliver e...read mo

Bank of Baroda issues a fresh tender with terms that practically disqualify all small- and medium-size Indian audit firms from applying.

Bank of Baroda, the country’s second-largest public sector bank, has stirred up a hornet’s nest with its decision to not renew the contracts of an existing panel of concurrent auditors and instead issue a fresh tender with terms that practically disqualify all small- and medium-size Indian audit...read mo

A Keyboard Made Of Glass?

Latest obligations in case of cash transactions exceeding Rs 2 lacs

TCS u/s 206C of the Income Tax Act, 1961 with effect from 01-06-2016
The seller shall collect the tax at the rate of one per cent from the purchaser on sale in cash of any goods (other than bullion and jewellery), or providing of any services (other than payments on which tax is deducted at source under Chapter XVII-B) exceeding two lakh rupees. These provisions

Council Decision - tenders calling for audit and attest services from CA fraternity

The council, on consideration of the issues arising out of tenders calling for audit and attest services from our fraternity, decided inter-alia as under:-
a) In the exclusive areas of practice of Chartered Accountants, like audit and attestation services i.e. those areas where the assignments can be performed only by Chartered Accountants or where only Chartered Accountants have been invited for audit assignments, members should not respond to such tenders.  In such cases, entities may avail the multipurpose

‘Banks Board Bureau should devise norms for auditor appointments in banks’

Can u judge who is the better person out of these 3 ?

Mr A - He had frienship with bad politicians, consults astrologers, two wives, chain smoker, drinks eight to 10 times a day.

Mr B - He was kicked out of office twice, sleeps till noon, used opium in college & drinks whiskey

Uniform definition for NPAs on the cards


At a time when Indian banks are battling the bad loan menace, global banking regulators’ body BIS has proposed a uniform definition for non-performing assets and forbearance to ensure consistency in disclosures.
The Bank for International Settlements’ (BIS) proposal also assumes significance amid efforts from

Notification for Eligibility Test (ET) for DISA, on Sunday the May 22, 2016, Last Date for Online Form Submission: 05th May , 2016 till 5:30 PM

Hosting of exemption(s) in a paper(s) granted in Intermediate (IPC) and Final examinations, valid for May, 2016. - (15-04-2016)

This is how Vijay Kedia turned Rs 10 lakh to 650 crore in 20 years of investments

Vijay Kedia who turned Rs 10 lakh to 650 crore in 20 years of investments at componding rate of 55% pa.He explained the same in this video:

Saturday, April 16, 2016

Vacancy for CA/ICWA in Reliance Jio Infocomm Limited

Area Head - Finance A Reliance Jio Infocomm Limited Experience 18 to 23 yrs Salary As per Industry Standards Key Skills Finance CA ICWA Accounting Job Function Accounting/Tax/Company Secretary/Audit Industry Telecom Specialization Audit &a...read more

Companies Line Up IPOs Worth Rs 15,000-Crore

Vacancy for CA Inter in Accenture

International Accounting Services ANL Job Location: Mumbai Job description: The person will be responsible for managing the small sub process. He / She should be able to handle the day to day transactions and the month end activities as well. He should be able to manage the exce...read more

5 Amazing Inventions You NEED To See #10

CLOUD DATA AND APPS for professionals

27 years old Yasmeen Khan appointed as judge in India


Jaipur, Jan 17: 27-year-old Yasmeen Khan, belonging to Sujangarh district  is the youngest female judge appointed in Rajasthan. The Muslim girl, becomes the youngest in her category to clear the Rajasthan Judicial Services Exams and being appointed as a judicial magistrate. She obtained the

Friday, April 15, 2016

Vacancy for CA in Yes Bank

CA Education Revised

Invitation of Expression of Interest (EOI) for developing XBRL Taxonomy on the basis of Indian Accounting Standards (Ind AS) notified by the Ministry of Corporate Affairs.

1.   PREAMBLE AND INTRODUCTION
Invitation for Expression of Interest from leading vendors for taxonomy creation and maintenance for “XBRL India”, the local jurisdiction of XBRL International for developing XBRL taxonomy specified in 2 below.
XBRL India is registered as a company under section 8 of the Companies Act, 2013 and has been

Look at Network 18 takeover again: SAT to SEBI

The Securities Appellate Tribunal has directed securities market regulator SEBI to reinvestigate whether Reliance Industries got control of media group Network 18 without following the procedure

Google Expands Free WiFi to 9 More Railway Stations in India

PCAOB issues proposal on auditor supervision

It requires auditors to:

Obtain representation from each other that other auditor is licensed to practice under applicable laws.

Determine whether each other auditor that would play substantial role in preparation or furnishing of

Vacancy for CA/ICWA in MPGENCO



M P Power Generating Company Limited (MPGENCO), Jabalpur, Madhya Pradesh – 482008
Job Code: 150416(10)N
MPGENCO Recruits Executive Trainee (Chemistry/ HR/ Finance)
M P Power Generating Company Limited (MPGENCO) invites applications to recruit on vacant

Vacancy for CA in Bajaj Finance

Relationship Manager

Location INDORE 
Business/Function RELATIONSHIP MANAGEMENT 
Band E02 
Reports to ZONAL RELATIONSHIP MANAGER 

Job Duties & Key Responsibilities

- Responsible for managing relationship of Top 300 HNI clients allocated to him.
- Improve customer relationship, deliver reliable support and service

Tax on Services provided by Govt or Local Authority wef 01.04.2016

Clarifications regarding Services Provided by Government or Local Authority; Any Service Provided by the Government or a Local Authority to a Business Entity has been Made Taxable with Effect from 1st April 2016.
 Any service provided by the Government or a local authority to a business entity has been made taxable with effect from 1st April 2016. Prior to this, only support services provided by Government or local authority to business entities were taxable. In order to clarify doubts raised by members of Industry and

MCA has relaxed additional fee payable on e-forms which are due for filing by Companies between 25th March, 2016 to 30th April, 2016

MCA has relaxed additional fee payable on e-forms which are due for filing by Companies between 25th March, 2016 to 30th April, 2016 as one time waiver of additional fee and it is also clarified to

Thursday, April 14, 2016

Vacancy for CA/CS in PWC



Job Profile :
PwC’s M&A Tax & Regulatory practice provides end-to-end solutions for different types of domestic and cross-border transactions including mergers, demergers, acquisitions, divestitures, joint ventures, corporate restructuring, inbound and outbound advisory, transaction and business model structuring, due diligence and family arrangements. The services consider a host of legislations and regulations including direct tax, indirect tax, stamp duty, corporate laws, exchange control regulations, accounting standards, etc.
The tasks, roles and responsibilities concerned with the job will include the following:

Download e-filing Utility of ITR 6 and ITR 7 for AY 2016-17

In a Record created by CBDT it has   released ITR before the start of the Assessment Year for the Assessment Year 2016-17 and released e-filing Utility of all the ITRs within 15 days from the start of Assessment Year.  CBDT has today released  e-filing Utility of ITR 6 and ITR 7 for AY 2016-17

Article on SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 - An Insight

Vacancy for CA/ CS/ ICWA Inter BANGALORE METRO RAIL CORPORATION LIMITED

Vacancy for CA Industrial Trainee/ Semi qualified in HDFC Life

Job Description

Greetings from HDFC Life..!!


We are looking for enthusiastic & passionate individuals to work with the country's best private life insurer.


Qualification: Pursuing C.A

Experience:
Candidates with IPCC both groups cleared.
Candidates with 2 years of Articleship experience in a CA firm.

Directors as change agents


Owning shares entitles you to dividends and voting rights. Secured lending in the extreme entitles you to seize the assets of the company to make your money whole. Recent developments at Yahoo Inc pose aquestion: If a minority equity holder in the US is able to nominate directors to the Board ( or initiate the nomination, in this case) to influence the future direction of the firm, why are lenders in

IPOs in the Pipeline (SEBI APPROVED)

1      K.P.R.Agrochem – DRHP Date: 23-Dec-15 SEBI Approval – 08-Apr-16
2      Dilip Buildcon – DRHP Date: 01-Feb-16 SEBI Approval – 10-Mar-16
3      Ujjivan Financial Services – DRHP Date: 31-Dec-15 SEBI Approval – 29-Feb-16
4      Thyrocare Technologies – DRHP Date: 31-Dec-15 SEBI Approval – 29-Feb-16
5      Nihilent Technologies – DRHP Date: 23-Dec-15 SEBI Approval – 22-Feb-16
6      New Delhi Centre for Sight – DRHP Date: 30-Nov-15 SEBI Approval – 08-Feb-16

Infosys Q4 expectations

1.       Consensus revenue growth expected @ 2% in USD QoQ.
2.       Margins expected to be steady.
3.       Utilisation should be down 40 bps
4.       Note that the Co has missed Q4 expectations for last 6 years.
5.       We expect Infosys to guide for 10-13% USD Revenue growth YoY for FY17 due to improvement in large client mining and mkt share gains.

Key to watch
1.       Commentory on large deal wins
2.       Growth from top 10 clients
3.       Inorganic growth targets
4.       How serious are the currency headwinds

Expected to see just about 12% EPS CAGR over FY16-18. Stock Trades @ 18X FY17(E) EPS of 65.

AIR by any person who is liable for audit u/s 44AB


Section 285BA of Income Tax Act, 1961 read with Rule 114E of Income Tax Rules, 1962 mandates, inter-alia, that AIR shall be e-filed by any person who is liable for audit under section 44AB of the Act in respect of receipt of

Vacancy for CA/CS

there are vacancy for female CA or CS in CA office at Panipat and vacancy for experienced CA ( minimum one year experience ) with state govt department  on contract basis at Panipat  preferly

Wednesday, April 13, 2016

Vacancy for CA in Aditya Birla Group

Job Description 

Requisition Title

:Deputy Manager / Manager - SAP Functional FICO 

Job Number:

:160102XW 

Schedule

:Full-time 

Primary Location

:India-Maharashtra-Mumbai 

Ind-AS to raise June quarter tax liabilities by 20%

Indian companies that have moved to the new accounting standards for the June quarter could be staring at an increased tax liability of about 20% under minimum alternate tax, or MAT. Due to the

Vacancy for CA Industrial Trainee for CA Inter in JP Morgan Chase

Job Description 

CA Industrial Trainee-160040151

Job Description

 
  • Finalizing Legal entities financials on monthly basis and support Legal Entity Controller (LEC) in all US regulatory reporting
  • Partner with Legal Entity controller (LEC) to support on financial reporting and business

Vacancy for CA/ICWA in Bank of Baroda

The procedure for filing 15CA

The procedure for filing 15CA is given below for the interest of members.

1. Client should Add CA for Form 15CB.
2. Download the Java Utility for 15CB, Fill Up and generate xml.
3. Member should log in to efiling portal using user id arcaxxxxxx

Cost Auditing Standards under the Companies Act, 2013: Part –IV


 
 
 
1.Introduction:
 
The fourth in line of prescribed Cost Auditing Standard deal with the “Knowledge of Business, its Processes and the Business Environment”. The governing idea behind this standard is to place guidance on the Knowledge of Business, its

Govt. amends Gold Monetisation Scheme to attract investors

Govt. amends Gold Monetisation Scheme to attract investors

Governement of India had issued Gold Monetisation Scheme (GMS) on November 5th, 2015. The scheme was launched with an aim to curb gold imports, and bring down the country's current account deficit. Thereafter a number of modifications have been made in the scheme to facilitate monetisation

ICSI allows 10 secretarial audits for practicing Company Secretaries

SECTION 204 OF THE COMPANIES ACT, 2013 - SECRETARIAL AUDIT FOR BIGGER COMPANIES - FAQs ON LIMITS OF SECRETARIAL AUDIT
PRESS RELEASEDATED 9-4-2016
1. What is the limit for the issue of Secretarial Audit Reports for financial year 2016-17?
The Council of the Institute at its 235th meeting held on February 11, 2016 reviewed the existing

Monday, April 11, 2016

Key highlights of Real Estate Act 2016

Real Estate(Regulation and Development) Act, 2016 received the assent of the President on 25th March 2016,

✔which substantially amends the original Real Estate Bill, 2013. This act will apply from a date to be notified in official gazette.

✔The Act largely seeks to protect the interest of the allottees/purchasers by promoting transparency,

Saturday, April 9, 2016

Order on more disclosures in auditor’s report to pose many a challenge


The auditor’s report that accompanies company balance sheets this year will pose a number of challenges for auditors of companies in India. The Companies (Auditor’s Report) Order (CARO) 2016, is applicable to all companies (except those specifically exempted such as banks, insurance

Friday, April 8, 2016

CARO 2016 changes explained

MCA exempts housing finance companies from XBRL filing

COMPANIES (FILING OF DOCUMENTS AND FORMS IN EXTENSIBLE BUSINESS REPORTING LANGUAGE) AMENDMENT RULES, 2016 - AMENDMENT IN RULE 3
NOTIFICATION NO. GSR 397(E) [F.NO.1/19/2013-CL-V]DATED 4-4-2016
In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with section 398 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Filing of Documents and Forms in Extensible Business Reporting

Monday, April 4, 2016

Vacancy for CA/ICWA in Cochin Shipyard

Note : For details on qualification, experience, pay scale , age limit, mode of submission of application and other general conditions visit the website www.cochinshipyard.com.
How to Apply : Application shall be submitted through online only . Facility for online application

'Panama leak' reveals hidden assets of Indian bizmen, celebs

Comparison of Provision of Incorporation under CA-2013 and Amendment Proposed by “Report of the Company Law Committee)

Service Tax On Senior Advocates Stayed By Gujarat High Court

The Gujarat High Court has vide order dated 30.03.2016 in Percy Cawas Kavina vs. UOI Special Civil Application No. 4926 of 2016 directed an ad-interim stay of Notification No. 18/2016-ST and Notification No. 9/2016 – ST with respect to the levy of service-tax on senior advocates.
Some experts opined that notwithstanding the stay, it may be desirable for senior advocates to comply

Vacancy for CA in KPMG


113323BR
Manager UK Corporate Tax
EMA
India
Bangalore
Tax
Corporation Tax

Comparison of Definition under Companies Act, 2013 and Proposed definitions under “Report of the Company Law Committee"

Running low on iPhone storage? This trick could help you earn space for free

Sunday, April 3, 2016

Andhra bank invites applications from practicing Firms of Chartered Accountants, for empanelled as Concurrent auditor of the bank


Andhra bank invites applications from practicing Firms of Chartered Accountants, for empanelled as Concurrent auditor of the bank and the last date for submission of application online is 10.04.2016.
For Details Please Click on:

Vacancy for Final-year students of CA in HP

Job Description 

Internship-1489840

Description

 
HP is a proven leader in personal systems and printing, delivering innovations that empower people to create, interact, and inspire like never before. We leverage our strong financial position to extend our leadership in traditional markets and invest in exciting new technologies.

HP has an impressive portfolio and strong innovation pipeline across areas such as:

I-T dept launches tax calculator; e-filing of few ITRs begins

NEW DELHI: E-filing of income tax returns for the assessment year 2016-17 was launched today for a select category of entities and individuals even as the IT department provided an online calculator for filers to do an easy check and obtain their annual tax liability.

"Two Income Tax Returns have been activated over the official e-filing portal of the department today.

The two are ITR 1 (SAHAJ) meant for individuals having income from salary and interest and ITR

Vacancy for CA/ICWA in PWC

Requirement Manager - Merger and Acquisition - 8276/[2015]
Location
Openings 1 Experience 4.00 to 7.00 years
Education NA
Skills sound technical skills, business development skills, communication skills etc.
Job Description

Job Profile :
PwC’s M&A Tax & Regulatory practice provides end-to-end solutions for different types of domestic and cross-border transactions including mergers, demergers, acquisitions, divestitures, joint ventures, corporate restructuring, inbound and outbound advisory, transaction and business model structuring, due diligence and family arrangements. The services consider a host of legislations and regulations including direct tax, indirect tax, stamp duty, corporate laws, exchange control regulations, accounting standards, etc.
The tasks, roles and responsibilities concerned with the job will include the following:

RBI eases terms of 'Gold Monetization Scheme'; allows long-term deposits to be released in gold terms on maturity

GOLD MONETISATION SCHEME, 2015 - AMENDMENT IN MASTER DIRECTION NO.DBR.IBD.NO.45/23.67.003/2015-16, DATED 22-10-2015
CIRCULAR NO.DBR.IBD.BC.89/23.67.001/2015-16DATED 31-3-2016
In exercise of the powers conferred under section 35A of the Banking Regulation Act, 1949, the Reserve Bank of India hereby directs that the Reserve Bank of India (Gold Monetisation Scheme, 2015Master Direction No.DBR.IBD.No.45/ 23.67.003/2015-16 dated October 22, 2015 be modified as under:

Vacancy for CA/ICWA in Nuclear Power Corporation of India Limited (NPCIL)

Bank Audit Referencer available for FREE at EIRC Premises (Russell Street)

EIRC has released Bank Audit Referencer on Seminar on Bank Audit held on 19th March 2016. Members are requested to collect the same from 4th Floor, EIRC Premises, Russell Street. The same would be given free of cost for the use of the same in your assignment. Please note as there is

Famous Chartered Accountants of India

The list of Famous Chartered Accountants of India who got so much fame by doing excel in their respective field. Famous Chartered Accountants of India. Respective field does not mean excel in accountancy or taxation but in any field with CA degree in common. So the list of Top

Vacancies for Fresher CS Trainee in Monetic Corp Consultants Pvt. Ltd.

Company Name/Employer Name: Monetic Corp Consultants Pvt. Ltd.

Job Description:

"There is urgent vacancies for Fresher CS Trainee having good communication skills.

Basic knowledge of Companies Act, 2013 and computer application is must.

Interested candidates not having June, 2016 exam attempt can send resume at

Which CARO is applicable to Comapnies for FY 2015-2016? Daily Quiz (04/04/2016) win free talk time for correct reply

The member providing the first correct reply shall receive free talk time worth Rs.10 award.


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Updated resumes of potential candidates for job vacancies in your company as of 03-04-2016

Clear here to view the resumes of potential candidates for job vacancies in your company. Visit daily for new candidates as updation happens on real time basis letting you view resumes as soon as they are updated by candidate on the site.

Key changes in new income-tax return forms


1.0 Introduction
Every year CBDT notifies new Income-Tax Return (ITR) forms. However, in the recent past CBDT had notified ITR forms a bit late causing inconvenience to various tax practitioner and taxpayers in

"Comparison of Provision of Appointment and Remuneration of Managerial Personnel CA-2013 and Amendment Proposed by “Report of the Company Law Committee)"

Proposed changes Meetings of Board and its powers under CA-2013

Proposed recommendations of The Companies Law Committee for Small Companies Private Limited Companies

Recommendation for Deposits

Provisions related to MD/WTD as per companies act 2013

Samsung likely to release world's first foldable smartphone in 2017

Saturday, April 2, 2016

DRU Robot - Domino's New Pizza Delivery Robot

DRU Robot - Domino's New Pizza Delivery Guy

Domino's is a major player in the pizza industry who keep investing in technology research and development has now revealed its latest innovation, the world's first autonomous pizza delivery vehicle, the DRU which is the newest team member to join the Domino's family! 

Currently Domino's Australia is testing the DRU, Domino’s Robotic Unit. It’s an automated delivery
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