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ICAI »
 President's Message - May 2017
 Commencement of the Next Batch of the Certificate Course on Wealth Management and Financial Planning to be commenced on 3rd June, 2017 at Chennai : An initiative of CCBMP, ICAI
 Commencement of the Next Batch of the Certificate Course on Wealth Management and Financial Planning to be commenced on 8th July, 2017 at Kolkata : An initiative of CCBMP, ICAI
 Group to look into the intricacies involvced in areas pertaining to the Disciplinary Mechanism
 Exposure Draft of Amendments to Ind AS 101, First-time Adoption of Indian Accounting Standards
  Requirements for passing Information Systems Audit (Assessment Test)
  Exposure Draft of Clarifications to Ind AS 115, Revenue from Contracts with Customers
 Exposure Draft of Clarifications to Ind AS 115, Revenue from Contracts with Customers
 Exposure Draft of Clarifications to Ind AS 115, Revenue from Contracts with Customers
 Reconstitution of Group to study the existing norms for the appointments/re-appointments of statutory / internal auditors
 Reconstitution of Group to study and suggest changes in the Guidelines relating to Networking of CA Firms

ICAI - Invitation to send Issues and Suggestions related to Indirect Taxes
April, 13th 2010

Laws and rules relating to Indirect Taxes have been evolving on account of development in business models, economic growth of the country, global developments, and technological advances and also with reforms in this field of taxation especially, in the area of service tax.
 
These changes, when applied practically, often give rise to various issues. Sometimes, a provision in law/rule/procedure, the way it is drafted or applied, could lead to undue hardships when the desired objective could be achieved in a simpler and easier manner. Also, as you would have noticed, the Government is continuously working towards reducing cost of compliance.

Indirect Taxes Committee would be delighted to receive any issue that you may notice together with your suggestions. The Committee would then take these up at the appropriate levels.

The issues arising out of the Finance Bill, 2010 have been addressed by the Committee in the Post Budget Memorandum, 2010 submitted to the Government of India and were also discussed with the concerned officers of the Finance Ministry.

 
 
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