Vacancy for CA in HDFC Life

Job Description

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Conduct In-house Audits for Corporate functions
Identify processes and areas to undergo In-house Audits.
Prepare and Ensure:
- Quality of Scope document
- Quality of risk assessment
- Quality of audit observations

Diwali Clean Up of P.Y Sales Invoices in GST before 31st October !

Arjuna (Fictional Character): Krishna, Festival of Diwali is coming and everybody is busy in cleaning up, renovating and decorating their Homes. Businessmen are also busy with their work. This Diwali what about the cleanup of the mess of p.y 17-18 in the Tax Invoices in GST?

Krishna (Fictional Character):  Arjuna, Everybody is excited to welcome the festival of Diwali

FANG stocks lost Rs 14,731, 000,000,000 in two days

Here’s your fun fact for the day: In the last two market trading sessions, 
the FANG stocks—Facebook, Amazon, Netflix and Google-parent Alphabet—

GST: National Anti-profiteering Authority dying a natural death

Nearly a year after the National Anti-profiteering Authority (NAA) was set up, it has disposed of only eleven complaints and fined just four companies for paltry sums so far for not passing on the benefits of GST rate cuts or input tax credit to the consumers.

The government was vocal at the start that NAA’s approach would be non-intrusive and that it would take up only such cases that have a ‘mass impact’.

Nearly a year after the National Anti-profiteering Authority (NAA) was set up, it has disposed of only eleven complaints and fined just four companies for paltry sums so far for not passing on the benefits of GST rate cuts or input tax credit to the consumers. The three-tier anti-profiteering mechanism is proving unequal to the costs and labour required to run it. While the government had set an initial two-year lifespan for the authority, it looks increasingly clear that it won’t get an extended term. Meanwhile, NAA’s constitutional validity is also being challenged.
The government was vocal at the start that NAA’s approach would be non-intrusive and that it would take up only such cases that have a ‘mass impact’.

The bureaucracy, nevertheless, is slowing setting in. The authorities, as was clear in a Hindustan Unilever dealer case, are insisting on cumbersome compliance models for companies that undertake

Income Tax and GST Return filing, No Extension and Site Shutdown: CAs are under Pressure

The Chartered Accountants all over the country are under huge pressure as the due date for filing income tax audit report and GSTR-1 is expiring today and the Government is in no mood to extend the due dates.
To add more tensions, the GST portal was not working properly afternoon, which made the day more

Vacancy for CA Inter/ Semi qualified in Serum Institute

Required male candidate forour company in Daman for account department
Qualifications - Minimun Inter CA,  SAP knowledge is compulsory , 5/6 years of experience in

Vacancy for CA / CMA in Hindustan Unilever Limited (HUL)

JOB PROFILE
Job Position: Manager (Global Overheads Cost Accounting & Reporting)	Function: Finance (Business & Finance Services)
	Reports to: Sr Manager FCCR/ICRR
Scope:   Global	Location: Bangalore
Business Context
Unilever is a leading fast moving consumer goods company, having its operations all over the globe and touching more than 2 billion lives a day. Within Unilever, Enterprise & Technology Solutions (ETS) is a global team that brings together the synergy between services, technology and information & analytics to improve

Vacancy for CA in Phillips

Job Title

Functional Analyst – Finance

Job Description

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• Job Description : Functional Analyst SAP FICO- CA
  Qualified Chartered Accounts and/or Cost Accountants
  4+ year of audit experience in SAP environments
  Should have strong knowledge on business processes in manufacturing entities
  Roles & Responsibility
  • Provides feedback on the efficiency and effectiveness of the business processes

Last date for ROC Annual return extended

Ministry of Corporate Affairs vide General Circular No. 10/2018 dated 29.10.2018 has extended the last date of in filing of forms MGT-7 (Annual Return) and AOC-4 (Financial Statement) under the Companies Act, 2018 from 30.10.2018 to 31.12.2018

It has also been decided to relax the additional fees payable by companies on the same.

For notification please visit:

Bhushan steel posts stellar Q2 FY19 results

https://investise.blogspot.com/2018/10/bhushan-steel-posts-stellar-q2-fy19.html

GST Mahabharat

Arjuna (Fictional Character): Krishna what’s going on? Too much chaos is there in GST. Why in this month of October, the Taxpayers are so worried and fighting to get their ITC?

Krishna(Fictional Character): Arjuna, who will tell the Govt, that Justice delayed is Justice Denied. one year has passed since the implementation of GST, during this one-year government have issued

NRI taxation: Income arising from use of asset inherited is taxable

I am an NRI living in California. Recently, I got my share of family property worth ₹60 lakh. As I don’t need this money, I have decided to give ₹30 lakh to my friend for him to invest in a business. I have given ₹20 lakh to my brother-in-law and deposited the remaining ₹10 lakh in my wife’s account who lives in India. What will be the tax implication, if any? What proof will I need for income tax purposes when making these transactions?
—Name withheld on request
Under the India income tax law, the value of any asset received under a Will or by way of inheritance is not taxable in India. However, the income arising from transfer or use of inherited property in India

Vacancy for CA Inter in Samsung

Passionate Internal Audit candidate who has worked as team player (Individual contributor) in corporate Internal Audit environment. Must be very good in analytical skills, MS-excel, Internal Audit techniques, Risk assessment, Process review, Documentation etc. Also, require fair knowledge of accounting & auditing standards.

Any graduate with 60% throughout.

Rôle et Responsabilités

Passionate Internal Audit candidate who has worked as team player (Individual contributor) in corporate Internal Audit environment for at least 2-4 years. Must be very good in analytical skills,

Evaders beware! Tax sleuths on the prowl as GST revenue shortfall looms

“The government is watchful of the amount of (tax) credit being claimed by companies, mainly with an annual turnover of over Rs 5 crore. We will see if they are fraudulently claiming a higher amount,” a senior government official said.

Besides, it has been observed that there are revenue leakages as some businesses are misusing the e-way or electronic way bill mechanism, the official quoted above said.
Achieving the revenue collection target is crucial as it has a direct bearing on the fiscal deficit, which

Vacancy for CA in Shoppers Stop

Job Description

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1. All Accounts reporting requirements.
2. All scheme recoveries to be accounted properly. - Revenue control.
3. Concessionaire dues properly accounted - Revenue Control.

I-T dept proposes online filing of tax exemption application

The department sought comments from stakeholders by November 12 on the amended rules and application forms seeking tax exemptions by such entities.

NEW DELHI: Educational institutions, hospitals, charitable and religious trusts will soon have to file

GST Intel Wing Unearths Rs 80 Crore ‘Fraud’ in Pune, Says Could be 'Tip of the Iceberg'

The Directorate General of GST Intelligence's (DGGI's) Pune zonal unit has unearthed a Rs 80 crore "fraud" which is suspected to have been perpetuated through procurement of "bogus invoices" from markets and arrested one person from Mumbai.

Modsingh Padamsingh Sodha was arrested on Friday and found to be operating over 10 dummy companies that had issued fraudulent invoices worth Rs 415 crores, the DGGI Pune zonal unit said in

Big relief for Tata Power, Adani: SC allows power tariff re-negotiation in Gujarat’s Mundra project

http://investise.blogspot.com/2018/10/big-relief-for-tata-power-adani-sc.html

Engagement of Consultant for Revision of Internal Audit Manual of ONGC

• Oil And Natural Gas Corporation Limited, New Delhi (25 Oct 2018) Engagement of Consultant for Revision of Internal Audit Manual
  Address :

Chartered Accountants Firm for Internal Audit, Taxation and other related works of Jabalpur Smart City Limited

• Jabalpur Smart City Limited, Jabalpur, Madhya Pradesh (06 Oct 2018) Selection of Chartered Accountants Firm for Internal Audit, Taxation and other related works of Jabalpur Smart City Limited
  Address :
  

CBIC to focus on behavioural patterns of taxpayers to improve GST compliance

Soon, GST officers will study the behavioural pattern of certain taxpayers to nudge them to comply with tax laws, in a departure from the current practice of focussing only on deterrent action to check evasion.
The Central Board of Indirect Taxes and Customs (CBIC) has set up a 'Nudge Team' to formulate a strategy on studying behavioural patterns of taxpayers and use segmented approach to encourage

Robust growth: E-filing of income tax returns rises 65%

Also, average tax paid by an individual filer came in at close to Rs 35,000 in H1, up from a little over Rs 27,000 in April-August

In the face of below-par indirect tax collection, the government has been pinning its hope on better-than-estimated direct tax mop-up to ease pressure on fiscal deficit breaching the target of 3.3% of GDP for the current fiscal.

Even after the deadline for filing income tax returns ended on August 31, the growth in taxpayers filing e-returns continued to grow robustly, and for April-September, a 65% growth was witnessed over the year-ago period, data from the Central Board of Direct Taxes (CBDT) showed. The growth in the April-August period was 70%. Moreover, the average tax paid by an individual filer came in at close to Rs 35,000 in H1, up from a little over Rs 27,000 in April-August. Industry experts said that the rise in the average tax paid was attributable to the second tranche of advance tax — 45% of the assessed advance tax was to be paid by September 15 — paid by larger assessees.

As a result, personal income tax collected in September stood at Rs 49,354 crore — the highest

Vacancy for CA in IDBI Federal Life Insurance Company Limited

Name
IDBI Federal Life Insurance Company Limited

Job Title
Financial Advisor - Sales

Contact Number

Vacancy for CA in Uber

At Uber, we ignite opportunity by setting the world in motion. We take on big problems to help drivers, riders, delivery partners, and eaters get moving in more than 600 cities around the world.

We welcome people from all backgrounds who seek the opportunity to help build a future where everyone and everything can move independently. If you have the curiosity, passion

Interest Income not an Exempt Supply for ITC Reversal w.e.f. 01.07.2017

Background

1. In business entities engaged in manufacturing and service sector, many a times surplus money left is invested for the time in interest bearing investments. From the said investment activities, interest income is earned. In GST, it is called 'supply of service by way of extending deposits, loans

Income tax on your gold and real estate investments

Real estate and gold have traditionally formed a large chunk of Indian investors’ portfolios. However, over the past few years, returns from them have been poor to negative.
Apart from keeping gold or real estate for self-use, investments in these two asset classes doesn’t

Applications for Empanelment of Forensic Auditors & Chartered Accountants / Chartered Accounting Firms to Act as Forensic Auditors for Empanelment of IFCI

• Industrial Finance Corporation India Limited, New Delhi (24 Oct 2018) Applications for Empanelment of Forensic Auditors & Chartered Accountants / Chartered Accounting Firms to Act as Forensic Auditors for Empanelment
  Address : New Delhi
  
  

Read this before you visit your Chat wala he might be under IT radar

The Income Tax department officials have launched a crackdown on famous eateries hoarding big cash in the garb of running small businesses in Punjab. In a recent major recovery in its Patiala district, the Income Tax officials recovered an

CFO says he cant remember anything SC asks him to appear for memory test

GST relief for oil companies on outsourced work

In what could come as urgent relief for oil companies, revenue authorities have allowed refineriesNSE 0.00 % to pay GST only on value addition done by job workers against on the total valuation.
Many oil refineries outsource some of the processes to job workers. These refineries provide the raw

GST likely to have 3-rate structure in future

The current four-slab GST rate structure is likely to be reduced to three as the process of rationalising India's new indirect tax regime proceeds further, the Prime Minister's Economic Advisory Council (PMEAC) Chairman Bibek Debroy said on Friday.
In his address at the launch here of "GST: Explained for Common Man" written by former Central

Vacancy for CS in PI Industries Ltd

Position Purpose

The role will be responsible for assisting the Company Secretary in fulfilling all statutory and secretarial compliances related to Companies Act, 2013, listing agreement and SEBI Guidelines in a timely manner. The role holder will need to coordinate with the relevant statutory bodies and external advisors as required for undertaking all the compliances.

Strategic Responsibilities

• Assist in arrangement of Board, Committee meetings and Shareholder meetings with respect to

Vacancy for CA in Hilton Hotel & Resorts

Job Description 

Assistant Financial Controller (

Job Number:

 HOT05PUB)

Work Locations

: 

Hilton Chennai Hotel 

124/1 J.N. Salai, Guindy Guindy

 Chennai 600032

An Assistant Financial Controller will lead various section of the Finance Department and is

Vacancy for CA in Siemens

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Job Description

Auditor – Operational Audit

Location: Gurgaon, India

Department: Controlling and Finance Audit (CF A)

Position: Full- time

Job Family: Finance

Looking for challenging and future-oriented role? If you really want to make a difference - make it with us

Controlling and Finance Audit (CF A) helps to improve the overall success of Siemens worldwide business operations and processes and provide independent, factual, unbiased assurance to Siemens

This is what happens in an Income Tax raid in India

New Delhi: Income tax search operations are the stuff of legend, glorified or mythologised as the case may be in films, TV series and media reports.

But what exactly is a ‘search operation’? How do income tax department employees go about these searches?

The income tax department can carry out surveys, searches and seizures — each a different activity.

A survey is conducted on loosely-patched information only during working hours at office premises or factories, but not at residences.

A search operation, on the other hand, is more extensive, undertaken without any prior information, and can continue for days.

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BHEL buy back opportunity for retail investor

*BHEL Buy back opportunity*
(For Retail Shareholders)

Retail portion 3cr (approx) shares

iPhone xr the affordable IPhone unboxing and review

https://newsyoucanusebeta.blogspot.com/2018/10/new-iphone-xr-unboxing-and-review.html?m=1

Updated Master Circular on ECB-Oct 2018

RBI-UPDATED MASTER CIRCULAR ON ECB-OCT 2018.pdf

Taxpayers beware! You can now be prosecuted even if you fail to file your income tax return on time

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The Delhi HC has held that prosecution can be initiated even if assessment has not been completed in case of the taxpayer.

Taxpayers beware! Now you can be prosecuted for failing to file your income tax return on time as well as not responding to the income tax notice sent to you. And the prosecution can be initiated even if assessment has not been completed in case of the taxpayer.
The Delhi High Court has recently approved initiating prosecution proceedings, under Section 276CC of the Income Tax Act 1961, against an individual taxpayer for not filing ITR and failing to respond

Vacancy for CS in Shipping Corporation of India

The Shipping Corporation of India Ltd. is inviting applications from eligible candidates for the recruitment of following posts: Company Secretary Trainees

Company Secretary Trainees
No. of posts: 01
Qualification: ICSI Professional Program (Final) passed or ICSI Executive Programme (Intermediate) passed. Preference will be given to a candidate who has passed the Professional Programme.

Duration: 12 months for students who have cleared the Professional (final) examination and 24

Vacancy for CA in JP Morgan Chase

CIB Income Attribution Controller - SAPCO expenses

Req #: 180105136

Location: Mumbai, MH, IN

Job Category: Accounting/Finance/Audit/Risk

Ø  Understanding and Analysis of SAPCO Expenses Allocation – Primarily Technology and Operations expenses

Ø  Monitoring of Expenses on a Monthly basis.

Ø  Perform detailed analysis of Expenses including Variance analysis

Ø  Liaise with various internal stakeholders – SAPCO Team, F & BM, P & A teams

IGNOU course for CA students

IGNOU in association with the Institute of Chartered Accountants of India (ICAI) is offering a dual degree programme, B.Com. (accountancy and finance) exclusively for the students pursuing chartered accountancy. Those pursuing CA at the Foundation Level/ Intermediate Level or First Level are eligible

Hiking prices and even reducing prices post GST has been a challenge

The GST anti-profiteering clause requires firms to pass on benefit of reduced tax rates by slashing prices, bringing an element of ambiguity. Photo: Mint

New Delhi: With input costs remaining high, manufacturers of consumer packaged goods have had little choice so far but to increase prices and protect their margins. But with anti-profiteering provisions of the goods and services tax (GST) now in place, increasing prices has become tricky.
This clause requires companies to pass on the benefit of reduced tax rates by slashing their prices,

Vacancy for ACCA/ICMA in Quick Books

We are the largest integrated security services provider in Pakistan and we are looking for a suitable candidate in vacant positions in our finance and audit departments
Working Responsibilities:

• Have strong working experience on QuickBooks accounting Software
• Handling large volumes of data in QuickBooks & MS Office

MCA probes DY Patil group cos on suspicion of fudging books, accepting capitation fee: Sources

Four companies belonging to one of Maharashtra’s largest educational groups, DY Patil, are in the dock for accepting illegal capitation fees, falsification of books of accounts and “not presenting a true picture of their financials”.
The Ministry of Corporate Affairs Western Regional Director’s office has started an inspection of the

Vacancy for CA inter/CWA inter in Paypal

Who we are

Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 254 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or

Hiring of Services for Tax Consultancy for Security Printing And Minting Corporation Of India Limited, Mumbai, Maharashtra

• Security Printing And Minting Corporation Of India Limited, Mumbai, Maharashtra (15 Oct 2018) Hiring of Services for Tax Consultancy.
  Address :
  

Vacancy for CA in Ikea

• Full Time Permanent
• 

  Finance, Accounting & Tax
• 

  Application deadline
  08 November 2018

• WHAT YOU'LL NEED TO HAVE
• JOB SPECIFIC KNOWLEDGE
  
  • Follows through on commitments.
  • Co-operate with co-workers within and outside of the own organisation to accomplish

You can now claim your refund online on excess GST. Here's how

Back in July, a FICCI survey revealed that 59% of the enterprises surveyed were not satisfied with the capability of the Goods and Services Tax Network (GSTN) portal. In fact, a whopping 96% had felt that it needed improvement. Paying heed to public demand portal now boasts an added functionality where refunds are concerned.
"Facility to claim refund on account of excess payment of tax has been enabled on GST Portal for the

Income Tax Return: Taxpayers' declared wealth at whopping Rs 45 lakh crore! 68% more crorepati ITR filers

India's total number of taxpayers showing income above Rs 1 crore has gone up sharply in the last three years. These include corporates, firms, HUFs, etc.  According to a Central Board of Direct Taxes (CBDT) release, as many as 88,649 taxpayers disclosed income above Rs. 1 crore in Assessment Year (AY) 2014-15. This number went up to 1,40,139 for AY 2017-18 (growth of about

Head Office Services to other State Branches to attract 18% GST

1. The salary for services like accounting, IT, human resource, provided by the head office of a company to its branch offices in other states will attract an 18% GST. 
2. The activities between two offices are treated as supplies under the GST law, according to

Vacancy for CA in Marriot

JOB SUMMARY

Supports the day-to-day execution of general ledger impacted processes, including support to clients as they work with and understand these processes. Performs accounting functions specifically in the

Stop pictures on your WhatsApp chats from saving in your phone

https://newsyoucanusebeta.blogspot.com/2018/10/stop-pictures-on-your-whatsapp-chats.html

Tender for request for proposal for tax consultant for Maharashtra State Co-Operative Bank Limited

• Maharashtra State Co-Operative Bank Limited, Mumbai - Maharashtra (23 Oct 2018) Tender for request for proposal for for municipal tax consultant
  Address :
  

Vacancy for Semi qualified in Moodys

Location: Gurgaon, Haryana, India

• Develop an understanding of Moody's ratings business, analytics businesses, and shared services activities as well as present accounting, compliance and operating policies as they

MCX BOARD discussed potential merger with NSE

MCX BOARD discussed potential merger with NSEhttps://investise.blogspot.com/2018/10/mcx-board-discussed-potential-merger.html?m=1

MCX Q2 profits up by 23.25%

https://investise.blogspot.com/2018/10/mcx-q2-profits-up-by-2325.html?m=1

Vacancy for CA in KUMAR ANMOL AND CO.

CA with post qualification experience of 0-2 years neededAccountantMain Job Tasks and Responsibilities

• prepare journal entries
• complete general ledger operations
• monthly closings and preparation of monthly financial statements
• reconcile and maintain balance sheet accounts
• draw up monthly financial reports
• prepare analysis of accounts as requested
• assist with year end closings
• administer accounts receivable and accounts payable
• prepare tax computations and returns
• assist in preparing budgets and forecasts
• assist with payroll administration
• monitor and resolve bank issues including fee anomalies and check differences
• account/bank reconciliations
• review and process expense reports
• assist with preparation and coordination of the audit

MEF 2018-19 declaration

https://meficai.org/index.php/click-at-the-mef-band-for-declaration-received-or-not-received/

Vacancy for CA in Ericsson

Job Summary:

We are now looking for a Manager Centralised Audit Support to ensure high quality in and assure compliance to external financial reporting requirements of multiple entities

State GST dept unearths bogus billing scam of ₹1k cr

Ahmedabad: The enforcement branch of the State Goods and Services Tax (GST) department has unearthed a bogus billing scam for edible and non-edible oil to the tune of Rs 1,000 crore. After conducting more than 100 raids on commercial establishments across Deesa, Gondal and Unjha during the period from June to September, the state GST department learnt that fake invoices citing

Tender For Preparation Of Risk Based Internal Audit Plan Hudco

• Housing And Urban Development Corporation Limited, Hudco Bhawan, I.H.C - Delhi (03 Oct 2018) Tender For Preparation Of Risk Based Internal Audit Plan
  Address :
  

Berkeley Research Group (BRG), Mumbai is looking to hire recent C.A.

Berkeley Research Group (BRG), Mumbai is looking to hire recent C.A. pass outs.

They need candidate with interest / bent towards Forensic Audits.

Initially they'll be on probation. Should they perform well they'll be absorbed as a full time employee

For more details

Vacancy for CA in American Express

Job Description

This is a Band 28 role:
Why American Express?
There’s a difference between having a job and making a difference.

American Express has been making a difference in people’s lives for over 160 years, backing them in moments big and small, granting access, tools, and resources to take on

Net direct tax collection grows 15.7% to ₹4.89 trillion, says CBDT

The income tax department issued about 2 crore refunds for an amount of about ₹1.09 trillion, till last week. Photo: Mint

New Delhi: The net direct tax collection in the country grew by 15.7% on year-on-year basis to reach ₹4.89 trillion in the current fiscal till third week of October, a senior official on Monday quoting from the latest data.
This marks over 42% of the full-year direct tax collection target of ₹11.5 trillion for the fiscal ending

Vacancy for CA in ITC

ITC operates a cadre-ised Finance function that serves all its businesses. The Finance function in ITC proactively partners the various businesses of ITC. The functional role is a dynamic

Start gifting to kins and save tax

In India we have festivities to celebrate all through the year and exchange of gifts is a vital component of these celebrations. However, it is important to understand that gifts are also used as mode of tax planning.
A gift could be in cash or in kind. Let us see what are the most common forms of gifts and their

GSTR-3B for Sept 2018 Due date extended to 25th Oct 2018

On account of apprehensions by trade & industry relating to last date for availment of ITC for the period

Trump says Saudi journalist likely dead, warns of 'severe' response

President Donald Trump said on Thursday (Oct 18) he now believes journalist Jamal Khashoggi is dead and warned of "very severe" consequences should Saudi Arabia be proven responsible.

"It certainly looks that way to me. It's very sad," Trump told journalists when asked if he believed that Khashoggi, who disappeared more than two weeks ago, is no longer alive.

Asked about the potential US response to Saudi Arabia, which is accused of murdering the Washington Post columnist and critic of the Saudi regime, Trump said: "It will have to be very severe. It's bad, bad stuff."

This marked a hardening of tone from the Trump administration, which has been reluctant to blame ally Saudi Arabia, despite mounting evidence that Saudi agents killed and dismembered Khashoggi inside the Saudi consulate in Istanbul more than two weeks ago.

A former regime insider, Khashoggi had become a critic of powerful Crown Prince Mohammed bin Salman, the point man in ever-tightening military and commercial relations between the Muslim petro-state and the Trump administration.

Just hours earlier Secretary of State Mike Pompeo said he had told Trump the Saudis should be given "a few more days to complete" an investigation.

Only then, Pompeo said, "we can make decisions how or if the United States should respond."

In a possible sign of how the Saudis will seek to defuse the diplomatic crisis, The New York Times reported that the country's rulers could come out and blame General Ahmed al-Assiri, a top intelligence official close to the crown prince.

CALL FOR UN PROBE

Four prominent human rights and press freedom groups on Thursday urged Turkey to request a United Nations investigation to prevent a "whitewash" of the alleged crime.

READ: Rights group urge Turkey to request UN probe of Khashoggi case

The Committee to Protect Journalists, Human Rights Watch, Amnesty International and Reporters Without Borders said such a probe established by UN Secretary-General Antonio Guterres would finally clear up the affair.

But the United States, the Saudis' most powerful patron, has repeatedly given the Saudi royals the benefit of the doubt, with Trump and top officials stressing that the US-Saudi relationship cannot be put at risk.

Trump has repeatedly praised massive Saudi arms purchases, while Pompeo used much of his brief remarks on Thursday to recall Washington's "long strategic relationship with the kingdom of Saudi Arabia."

The Saudis "continue to be an important counter-terrorism partner, they have

CA, ICWA / CMA vacancy in Colgate-Palmolive

Location: Mumbai, MH, IN

Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Home Care and Pet Nutrition. Colgate sells its products in over 200 countries and

Vacancy for CA in Baker Hughes

Job Description 

Lead Operational Controllership Analyst (

Job Number:

 1817027)

About Us:

Baker Hughes, a GE company (NYSE:BHGE) is the world’s first and only fullstream provider of integrated oilfield products, services and digital solutions. Drawing on a storied heritage of

Vacancy for Industrial training for CA intern in IBM

Job Description
Role:
CA Internship

Responsibilities:

Will be responsible for Tax, Finance, and Accounting

Skills:

A. Key Technical Skill required
1. Should be in 3rd Year of Articleship
2. Articled Assistants should have passed Both Groups of Intermediate Examination / PE-II

Tender For Appointment Of Internal Auditor And Tax Consultant for University Of Mumbai

• University Of Mumbai, Mumbai - Maharashtra (11 Oct 2018) Tender For Appointment Of Internal Auditor And Tax Consultant.
  Address :
  

GST update: FinMin issues clarification on last day of availing Input Tax Credit

The Finance Ministry on Thursday clarified that the last date for availing Input Tax Credit (ITC) under the Goods and Services Tax for the period from July 2017 to March 2018 is either December 31 or the date of filing of the annual return, whichever is the earlier. In a series of tweets, the finance minister also said that the apprehension that the ITC can only be availed only on the basis

Vacancy for CA in Aditya Birla Group

Requisition Title

:Assistant Manager - Bangalore 

Job Number:

:18010876 

Schedule

:Full-time 

Primary Location

:India-Karnataka-Bangalore

Cybersecurity facts tax practitioners need to get right

How many emails does your firm receive in one day?

Whatever the number, there’s a good chance a chunk of it is malware. According to a 2018 report compiled by Symantec, Corporation, one in 412 emails contained malware in 2017. For businesses with less than 250 employees, this rate jumped to one in 376 emails. When you consider just how many emails the average office worker receives in a week, things can look a little scary.

Cyberattackers represent a growing and evolving threat to CPA firms. Perpetrators are seeking sensitive client information, financial records and firm data like PTINs using any method available to infiltrate your defenses. And a lot of times, it works.

Understanding how to ward off these attacks is half the battle. Learn how to dispel common misconceptions about cybersecurity so you can be better prepared to face down any threat to your data.

Myth 1. Cybersecurity protocols are guidelines.

A robust cybersecurity plan isn’t optional for your tax practice. You’re legally required to protect your clients’ private information. It doesn’t matter where you live in the country or how many clients you have, your job is to keep would-be cyberthieves at bay.

The Federal Trade Commission (FTC) requires all tax preparers to create and enact security plans to protect client data. On top of that, all financial institutions — including CPA firms — must safeguard sensitive data under the Gramm-Leach-Bliley (GLB) Act. Although CPAs are exempt from some aspects of GLB, they must develop a written information security plan that describes how they’re prepared to safeguard client information and how they’ll continue protecting clients’ nonpublic personal information.

Not adhering to these guidelines will get you in hot water. You could lose your business or find your reputation with clients and your peers is damaged. On top of that, you’d be on the financial hook for breaches resulting from improperly secured client data. At an average of $148 per record, that’s quite a bit of cash.

Myth 2. Encrypted email is a safe way to send information to clients.

There’s a reason the IRS doesn’t send transcripts via email.

Your firm can have the very latest cybersecurity software and still spring a leak through email. That’s because to transfer a message from one computer to another, the email must go through multiple servers and sites along the way. And at any point, that message could be intercepted.

No matter whether you employ security certificates or message encryption, your clients are probably not going to such extremes to protect their email communications. Consider using client portals — secure online storage centers — to transmit all sensitive information to clients.

Myth 3. Third-party service providers have protocols in place that protect client data.

In May 2017, Target Corporation was ordered to pay $18.5 million to 47 states and the District of Columbia after a 2013 security breach compromised customer data. Because of the breach, cyberthieves stole the debit and credit card information of more than 40 million customers.

How did hackers gain access to Target’s sensitive customer data? By attacking a third-party vendor and snaking their way into the company’s servers. It’s the same way hackers can infiltrate your firm’s client data if you don’t fully vet your vendors. Here’s how:

CPA Australia is seeking a suitably qualified candidate from within its membership for appointment as a director to the Accounting Professional & Ethical Standards Board (APESB) for a three-year term commencing 1 January 2019.

https://www.cpaaustralia.com.au/professional-resources/accounting-professional-and-ethical-standards/apesb-director-eoi

Appoint of CA firm for finalization of Accounts, taxation and internal audit of MSSIDCL

• Maharashtra Small Scale Industries Development Corporation Limited, Mumbai, Maharashtra (06 Oct 2018)
  APPOINTMENT OF THE CHARTERED ACCOUNTANT FIRM ON CONTRACT BASIS FOR FINALIZATION OF ACCOUNTS, TAXATION AND INTERNAL AUDIT
  Address :

CVC shares report on 100 bank frauds with govt, RBI

Gaurav Choudhury

Moneycontrol News

Inflated valuation of goods, fudged bills, shell companies for diversion of funds are the common threads that run through India’s top 100 banking frauds analysed by the Central Vigilance Commission.

The country’s top anti-corruption watchdog has indicted the public-sector banks, already reeling under a mountain of Rs 10 lakh crore of unpaid debts, for failing to check the credentials of loan-seekers and relying too much on the third party to do the job.

The report, a copy of which is with moneycontrol.com, was submitted on October 15 and has suggestions for the Reserve Bank of India for improved checks and balances.

The report does not name any company or individual but has details of investigations into sectors ranging from gems and jewellery, aviation, media, pharma and agriculture.

Sector	Cos/people investigated
Gems & Jewellery	3
Manufacturing	5
Agro	3
Aviation	1
Service	3
Discounting cheques	1
Trading	3
IT	3
Export	4
Media	2

The report details how lenders were cheated, lapses on part of the banks and suggestions to plug them.

For instance, in its report on three gems and jewellery firms, the CVC found that the companies inflated the value of diamonds to avail higher credit.

GST: Explained for Common Man' - A book

GST being India's one of the most important Indirect Tax reforms since Independence has transformed the lives of people. Not only has it affected the business class but the common man equally. Understanding the complexities

Are Mumbai real estate prices on the verge of falling to 15 year lows?

Here is the step wise fall in Mumbai real estate prices

• First overall development of around 5 to 6 smart cities in UP itself and other native states in another year or two. When we say smart cities all equipped Mumbai Like medical transportation connectivity and like facilities and parallel industrial development iin these states. Major catalyst increased GSt income of states. And like minded development based govt in each of this states. Time line maximum two years. 
• Followed by reduction in influx of population into

Vacancy for CA Inter in ASA Associates

• DesignationSenior - Taxation
• Experience CA Inter's/ MBA/ Graduates with 0-1 years experience in International taxation (preferably from a

Good news! IT officer can’t take away your tax refund and adjust against outstanding demand without notice

As per the Income Tax Act, income tax officials need to serve a valid notice of demand to the concerned taxpayer before doing any adjustment against the demand. A valid notice means a notice which is served within the time-frame specified under the respective sections of the Income Tax Act. Thus, if you are one of those taxpayers who have not got a valid notice of tax demand, then you need not worry about the refund as that can’t be adjusted against the

Vacancy for CA/CMA/CFA in Innoviti

Find enclosed details of AVP Finance opening with Innoviti Payment Solutions. If anyone of you is interested or have any references, please let me know.

Job Description:

Job Designation       : AVP – Business Finance

Location                    : Bangalore

Reporting to              : VP – Finance

Responsibilities:

The incumbent will be responsible for effective planning and execution of all commercial aspects of Finance, Commercial & Accounting Operations. He should contribute towards effective commercial, legal & contract management activities and achieve commercial objectives and business targets

Duties:

·         Financial Modeling, Business Case, Pricing, Profitability Analysis for RFP/ Various business opportunities etc. (Both Buy & Sell)

·         Support Sales Team in Contract / Commercial Negotiations with Customers and drive closure

·         Drive sourcing, procurement for Technology, Sales, Distribution / Courier / Logistics Services, Outsourcing, Human Resources (HR), Facilities, Legal etc.

·         Lead and drive Contract review and discussions with stakeholders (Sales, Engineering, Legal, Finance and Leadership), customers, suppliers in organized manner

·         Planning and driving Contract review, iterations and signoff

·         Manage, apply Commercial strategies and create processes to ensure deliverables on time

·         Responsible for ensuring most favorable terms with regards to assurance of supply, quality, service and cost

·         Drive Working Capital initiatives (Payment terms) across the company

·         Manage supplier relationship right from vendor empanelment to contracting and ensure necessary