Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: due date for vat payment :: cpt :: VAT Audit :: ACCOUNTING STANDARD :: VAT RATES :: articles on VAT and GST in India
 
 
« ICAI »
 CPE Events 26th June - 1st July 2017
  Summary of MCA Notification dated 13.06.2017 to give further exemptions private companies as per Section 462 of the Companies Act 2013
 Summary of MCA Notification dated 13.06.2017 to give further exemptions private companies as per Section 462 of the Companies Act 2013
 Exemption to Private Companies u/s 462 of The Companies Act 2013 as per Ministry of Corporate Affairs Notifications Dated 5th June, 2015 and 13th June, 2017
 Four Weeks Residential Programme to be held from 31st July, 2017 to 27th August, 2017 at Centre of Excellence, Hyderabad for Men Participants only.
 Next batch of the Certificate Course on Valuation at Bangalore from 15th July, 2017.
 CPE Events 19th June - 24th June 2017
 Post-implementation Review - IFRS 13 Fair Value Measurement
 Disclosure Initiative - Principles of Disclosure
 Volume XXXV of the Compendium of Opinions
  Permitting members to act as Insolvency Professional under the Insolvency and Bankruptcy Code, 2016 and related matters.

ICAI tests facilitation for GST
April, 14th 2010

In a move towards implementation of Goods and Services Tax (GST), the Institute of Chartered Accountants of India (ICAI) is testing the e-filing of returns to central excise and service tax assessees via facilitation centres.

ICAI is the facilitator of Finance Ministrys e-initiative to provide facility of e-filing of returns and documents to Central Excise and Service Tax assessees through Certified Facilitation Centres.

This is a move towards GST. In GST, you cannot be successful unless you are on the electronic format. One you have the entire data on the electronic platform, so to that extent you are going to gain and from here you would move onto GST straightway, the only thing extra would be larger number of taxes, Amarjit Chopra, president, ICAI, told DNA.

The official added there are 65,000 chartered accountants in practice and about 35,000 firms; the institute is expecting 20,000 facilitation centres to come up in 2010.

The institute members can also provide other services to customers, which would help to earn additional stream of revenue. A Certified Facilitation Centre (CFCs) is a facility, which will be set up and operated by practicing chartered accountants in individual capacity or as proprietor or firm.

Chopra is expecting 1,200 firms to converge to IFRS in the first phase of the implementation. ICAI has said that all insurance companies will convert by April 1, 2012, while scheduled commercial banks and those urban co-operative banks (UCBs), which have a net worth in excess of Rs 300 crores will convert by April 1, 2013 in compliance with the first set of Accounting Standards.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Vision

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions