ICAI Issues Advisory regarding Allocation of Work among the Joint Auditors in case of Bank Audits
Amidst of all the controversies following PNB Scam, the Institute of Chartered Accountants of India (Â ICAIÂ ) has issued an advisory regarding...
Bank’s Statutory Auditor’s Certificate mandatory for Waiver of Charges on Debit Cards/BHIM UPI/AePS transactions up to Rs 2000/- [Read Notification]
The Central Government today notified that in case of waiver of charges on Debit Cards/BHIM UPI/AePS transactions up to Rs 2000/-, it is necessary to submit certificate from Bank’s Statutory Auditor...
![Govt Notifies 7.6% Interest applicable to Special Deposit Scheme [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/01/Special-Deposit-Scheme-EPF-Taxscan.jpg "Govt Notifies 7.6% Interest applicable to Special Deposit Scheme [Read Notification]")
Govt Cautions People Against Risks in Investing in Virtual ‘Currencies’; Says VCs are like Ponzi Schemes
The Ministry of Finance has cautioned People in Risks in Investingon Virtual ‘Currencies’. “There has been a phenomenal increase in recent times in the price of Virtual ‘Currencies’ (VCs) including...
Goods purchased from Duty Free Shops in Indian Currency: Limit of 25K applicable to Payments through Debit/Credit Cards, says CBEC [Read Circular]
The Central Board of Excise and Customs (CBEC) today clarified that the exemption limit of Rs. 25,000 for sale of goods at duty free shops in Indian currency shall also be applicable to payments...
![Goods purchased from Duty Free Shops in Indian Currency: Limit of 25K applicable to Payments through Debit/Credit Cards, says CBEC [Read Circular]](https://www.taxscan.in/wp-content/uploads/2016/07/Duty-free.jpg "Goods purchased from Duty Free Shops in Indian Currency: Limit of 25K applicable to Payments through Debit/Credit Cards, says CBEC [Read Circular]")