Union Minister of State for Finance S S Palanimanickam today said the Direct Taxes Code would be implemented on April 1, 2012. “It will be implemented on April 1, 2012. There is no change in that…”, he told reporters. In August, the Government delayed the implementation of the DTC to next fiscal. The Direct Taxes Code Bill was supposed to be implemented by April 1, 2011.
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The application form for admission to Common Proficiency Test – December 2010 (Paper-Pencil Mode) is available in all the Regional and all Branch Offices of the Institute. Applications for admission to Common Proficiency Test is required to be made in the relevant prescribed form as contained in the Information Brochure, which may be obtained from the Senior Deputy Director (Examinations), The Institute of Chartered Accountants of India, ICAI Bhawan, Indraprastha Marg, New
Do you have any query about NOVEMBER, 2010 examination?
The Help Line Desk will be functional from 18th October to 16th NOVEMBER, 2010 for 24 hours on all days (inclusive of holidays and Sundays) to attend to any query relating to the ensuing Chartered Accountant Examinations to be held from 8th to 16th NOVEMBER, 2010. The telephone Numbers of Help Line Desk are:
It is India’s most radical tax reform. The Goods & Service Tax (GST), expected to be launched next year, will replace around 16 taxes, including central excise and service tax as well as state levies like value-added tax (VAT), stamp duty and entry tax. It has the potential to increase the country’s GDP by $500 billion and exports by up to 15 per cent.
BJP-ruled Madhya Pradesh asserted that the states will not allow the Centre to impose any tax which hampers their autonomy, a development that may further delay implementation of the Goods and Services Tax. “We would not allow the Centre to impose sales tax. That’s our domain and would impact our autonomy,” Madhya Pradesh finance minister Raghavji, whose GST model was rejected by the Centre, said.
Copies of the balance sheet, tax audit reports and similar documents attested by chartered accountants as part of several million mandatory filings done by companies across the country each year may soon have a unique code number as authentication.