Acting on a petition Indian audit firms sent to prime minister Narendra Modi recently the corporate affairs ministry has constituted an expert group to delve into the issues related to the operations of audit firms In the country, The elected expert group members former competition commission of India. (RBI) deputy governor NS Vishwanathan will study … Continue reading Government Sets Up Expert Group To Look Into Auditing Industry.
The government has clarified that the Jan Dhan accounts can be opened with zero balance and there is no requirement of maintaining a minimum balance. The Government would, however look info media report that Rs 1was deposited in many accounts to reduce the number of zero balance accounts. Read more at: http://bit.ly/2911hmF
The government is set to use the information collected under various international tax agreements to identify suspected tax dodgers and urge them to come clean through the ongoing black money scheme that expires on September 30. The income-tax department will soon write to such individuals that they have been identified on the basis of information … Continue reading Government To Use Info Collected Under Various Pacts To Identify Suspected Tax Dodgers.