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Chartered Accountant India

A lot of alters, modifications, jives and gossips are roaming in accounting stream. Get the latest updates and News in the cosmos of Chartered Accountants.

The Revenues of State’s Union Tax are Raised by 42 Percent

The Fourteenth Finance Commission (FFC) has reported in Parliament that the income of Union Tax has been raised by 42 per cent. This is the biggest increment after the 13th Finance Commission, on that time the State Share of Union Tax is 32 per cent. The constitution of Finance Commission of India changes in every five […]

Surrender Online for a Service Tax Registration Certificate

The Service Tax Registration Certificate you can surrender in under the following rules of Service Rules such as Sub-rules (7) and (8) to Rule 4of the service tax rules, 1994 provides for the surrender of registration certificate. The person, who manages all the activities of Central Excise after ensuring that the assessee has paid all […]

CA Visiting Cards Must Not Show Illegitimate Designations: ICAI

The ICAI has released an important announcement for the Chartered Accountant that the CAs could not mention any other non-acquired designations apart from CA on visiting cards. This decision has been made because the members of ICAI has mentioned various other designations on their visiting card like tax consultant, income tax officer, Company Secretary, CPA, […]

ICAI Creates New Norms for Foreign Jobs in 2016

The Institute of Chartered Accountants of India is going to make a new program for 2016 to targeting the job in a foreign country. This decision will give a profit to the Chartered Accountants to get into a job in the foreign country. The organization may also provide some other benefits for the Chartered Accountants. […]

The Collection of Direct Tax has been hiked by 11.38 Percent

The gross rate of direct tax collection during April-January is hiked by 11.38 per cent at Rs 5,78,715 crore such as the tax has been hiked on Rs. 5,19,588 crore during the same period last year. Apart from this, the gross rate of Corporate tax is increased by 11.04 per cent on Rs. 3,28,413 crore […]