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General
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General
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CoalMin urges FM not to disturb mode for collecting SED
Coal Minister Sriprakash Jaiswal has urged the Finance Ministry not to disturb the existing arrangement for levying Stowing Excise Duty (SED) on coal dispatches, under which his ministry collects the proceeds and uses it for development of mines.
The Coal Ministry expects to collect about Rs 1,100...
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SC order brings cheer to beleaguered CVC
The Central Vigilance Commission welcomed Tuesday's Supreme Court order setting a timeline for giving prosecution sanction in cases against public servants.
"Sanctioning of prosecution by competent authority within a timeframe of four months will be a big help in fighting corruption, and will expe...
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MCA to organise investor meet
The Ministry of Corporate Affairs (MCA) and Institute of Chartered Accountants of India are set to organise India Corporate and Investor Meet on February 7 at Taj Coromandel.The?Ministry of Company Affairs has taken this? initiative along with other professional bodies like ICSI, ICWAI and chambers ...
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CA loses Rs 1.41 lakh in net banking fraud
A chartered accountant employed with a Gurgaon-based MNC and resident of Vasant Kunj in New Delhi alleged that he was fleeced of R1.31 lakh through internet banking fraud.According to victim Harsh Mehta, 27, the money was siphoned off from his salary account in the Gurgaon branch of Standard Charter...
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Education institutions should follow uniform accounting system: ICAI
Accounting regulator ICAI has recommended to the Human Resource Development Ministry that all education institutions should follow a uniform system for maintaining their account books, in order to ensure a "true and correct picture" of the state of their affairs.
The Institute of Chartered Account...
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Caste-based census starts in national capital
As the process of carrying out a caste-based census kicked off in the capital today, Delhi chief minister Sheila Dikshit backed the effort, contending it would help formulate more inclusive policies by identifying the weaker sections.Talking to reporters after chairing a cabinet
meeting in N...
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ICRA expects 15% annual growth in wind energy capacity addition
ICRA expects wind energy capacity to clock annual growth of 15% in 2012-13 and beyond, driven by growing demand from independent power producer (IPP) segment.
The rating agency pegs the wind energy capacity addition in 2011-12 at around 2,800 megawatts as against 2,350 mw added a year ago.
"The co...
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I-T collection in city drops by 47%
In what seem to be signs of a downturn, income tax collection from the Nagpur region has not only been far below the target but also dropped as compared to that of previous year. Nagpur and Kanpur are two regions in the country which registered decline in direct tax collection on year-on-year basis....
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More trouble for Vijay Sai from ICAI?
There's more trouble brewing for V Vijay Sai Reddy, who was recently arrested by the CBI, with the Institute of Chartered Accountants of India (ICAI) preparing ground to initiate proceedings against him. A chartered accountant and founder of audit firm V S Reddy Associates, Vijay Sai is being interr...
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FM holds review meeting on revenue collection
Chennai, Jan 6 (PTI) Union Finance Minister Pranab Mukherjee today held discussions on revenue collection for 2011-12 with top officials of Central Board of Excise and Customs (CBEC) and Central Board of Direct Taxes (CBDT) here. The meeting discussed steps for augmentation for revenue in the remani...
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