A government panel on tax reforms has recommended sweeping changes, including pre-filled returns for individuals, a common return for I-T and wealth tax, and an overhaul of the administration to focus on customer satisfaction and reduce disputes. The Tax Administration Reforms Commission (TARC), headed by Parthasarathi Shome, has said that the government needs to ensure…
CHENNAI: Union Commerce Minister Nirmala Sitharaman has said that a meeting with all stakeholders will be held next week in Delhi to look at the changes that need to be made to the new Companies Act. Emphasising on the need to review the Act, the minister also said that it is time to take all measures…
CBDT vide Notification No 31/2014 dated 11-06-2014 notifies Cost Inflation Index (CII) for FY 2014 – 2015 is 1024.
ICAI has submitted its pre-budget memoranda – 2014 to the Central Government. ICAI suggested to the government that no targets should be set by the Department for collection of taxes. In fact, internal mechanism is to be developed to ensure adherence of the timelines mentioned in the Citizens charter of the Department with regard to…
Members are requested to submit Self-Declaration form for the year 2013 before 31st May 2014, to avail the CPE hours credit for the unstructured learning activities undergone by them.
