E India CA

Professional Updates for Chartered Accountants

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Fat pay cheque, but no money for maid

HYDERABAD: Ever since Prime Minister Narendra Modiannounced demonetisation of `500 and `1,000 notes, I did not feel the pinch as my daily life continued through cards payments and net banking. But on Tuesday morning, when I received the generally much-awaited message saying a salary of `1.5 lakh was credited to my account, I had li...

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Delhi Women’s Commission Employees Protest Over No Salaries

NEW DELHI: The employees of the Delhi Commission for Women (DCW) held a silent protest outside the DCW office on Tuesday as they have not been paid salaries for the last three months. The protesting contractual employees gave a memorandum to DCW Member Secretary Alka Diwan, requesting her to release their salaries. DCW Chief Swati ...

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Unaccounted bank deposits to attract 60% income tax

The Union Cabinet late on Thursday cleared a proposal to amend the Income Tax (I-T) Act to levy close to 60% deduction on unaccounted deposits in banks above a threshold, said sources. The decision was purportedly prompted by a surge in deposits — about ~20,000 crore, according to some reports — in Jan Dhan accounts since Nove...

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Saina, Sindhu in Hong Kong Open second round

Indian shuttlers PV Sindhu, Saina Nehwal, Ajay Jayaram and HS Prannoy entered the second round of the $350,000 Hong Kong Open Superseries on Wednesday. While 2016 Olympic silver medallist Sindhu eased past Susanto Yulia Yosephin of Indonesia 21-13, 21-16, Saina overcame Thai Porntip Buranaprasertsuk 12-21, 21-19, 21-17 in 56 minutes...

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Arvind Kejriwal, Mamata Banerjee knock at RBI’s door, seek info on currency

New Delhi-: Taking their fight against demonetisation to the street, Delhi and West Bengal Chief Ministers Arvind Kejriwal and Mamata Banerjee today held a demonstration outside Reserve Bank of India here, wanting to know availability of currency. Both the Chief Ministers drove straight to RBI office in Parliament Street from a rally...