Daily Archives: January 18, 2016

Govt Invite Comments on report to Simplify of Income-tax Act 1961

By | January 18, 2016

Draft Report of Justice R.V Easwar (Retd) Committee to Simplify the provisions of Income-tax Act,1961 A ten member Committee which was constituted on 27th October, 2015 under the Chairmanship of Justice R.V Easwar (retd.) former Judge, Delhi High court has given their draft recommendations which contains 27 suggestions for amendments under the Income-tax Act and… Read More »

Mineral Production during November 2015 (Provisional)

By | January 18, 2016

Mineral Production during November 2015 (Provisional) The index of mineral production of mining and quarrying sector for the month of November(new Series 2004-05=100) 2015 at 131.5, was 2.3% higher as compared to November 2014. The cumulative growth for the period April- November 2015-16 over the corresponding period of previous year stands at (+) 2.1%. The… Read More »

CPC Bengaluru got ISO 9001:2008 for Quality Management System

By | January 18, 2016

Centralized Processing Centre (CPC) Bengaluru awarded “ISO 9001:2008 standard for Quality Management System” Certificate by British Standards Institution (BSI) on 11 January 2016 The flagship project of Income Tax Department for processing of tax returns, Centralized Processing Centre (CPC) Bengaluru, has been awarded “ISO 9001:2008 standard for Quality Management System” Certificate by British Standards Institution… Read More »

Bye-election to the Bihar Legislative Council by the Members of Legislative Assembly

By | January 18, 2016

Bye-election to the Bihar Legislative Council by the Members of Legislative Assembly                      There is one casual vacancy in the State Legislative Council of Bihar occurred due to the resignation of sitting member elected by the members of Legislative Assembly.  The details are given as under:- Sl. No. Name of Member Date of retirement… Read More »

ICAI Constituted Group to assess the viability for constituting International Award for research in Accounting, Finance and Taxation

By | January 18, 2016

Source Institute of Chartered Accountants of India No.Council Affairs/M-626/2015 14th January, 2016 ALL MEMBERS OF THE COUNCIL Dear sir Sub.: Constitution of a Group to assess the viability for constituting International Award for research in Accounting , Finance and Taxation The President, in terms of the authority conferred to him by the Council, has constituted… Read More »

CA Final Result and CPT Result declared by ICAI

By | January 18, 2016

The Institute of Chartered Accountants of India (ICAI) today announced the following results. 1)      Chartered Accountants Final Examination held in Nov, 2015. 2)      Common Proficiency Test held in Dec, 2015. Since December 1949, the Chartered Accountancy Examination is held twice in a year. The top three rank holders on all India basis of Chartered Accountants Final Examinations held in Nov, 2015… Read More »

Global Crude oil price of Indian Basket was US$ 26.40 per bbl on 15.01.2016

By | January 18, 2016

Global Crude oil price of Indian Basket was US$ 26.40 per bbl on 15.01.2016 The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 26.40 per barrel (bbl) on 15.01.2016. This was lower than the price of… Read More »

India’s Foreign Trade (Merchandise): December, 2015

By | January 18, 2016

India’s Foreign Trade (Merchandise): December, 2015 EXPORTS (including re-exports) Exports during December, 2015 were valued at US$ 22297.48 million (Rs. 148491.18 crore) which was 14.75 per cent lower in Dollar terms (9.53 per cent lower in Rupee terms) than the level of US$ 26154.46 million (Rs. 164127.08 crore) during December, 2014. Cumulative value of exports for… Read More »