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Wednesday, March 5, 2014

Vacancy for CA in Macquarie Capital


Manager - Macquarie Capital

You will be responsible for:
              • Ensuring integrity and completeness of financial records.
  • Preparation and review responsibilities of following work performed by the team involving accounting functions for one or more clients:
o  Month end accounting
o  Financial Control tasks  
o  Balance sheet account reconciliations
o  Reporting and analysis for business units
  • Budgeting and forecasting activities for fund/ business area
  • Ensuring information provided to be consolidated in Macquarie's statutory financial statements is accurate
  • Ensuring compliance to regulatory and statutory requirements
  • Liaising with auditors (internal & external) and responding to their queries
  • Leading and managing team, showing career path and doing effective appraisals
  • Regularly communicating with on-shore counterparts effectively
  • Managing client relationship and handle first level escalations
  • Proactively seeking client feedback to further improve service level standards
  • Designing and generating MIS regularly highlighting key metrics for the team and work
  • Continuously innovate with focus to improve process - enhance efficiencies and add value
  • Ensuring compliance with finance control standards.
  • Ensuring quality consciousness in all aspects of the team
  • To apply cost conscious approach towards work responsibilities handled
  • Ensure that Macquarie's goals and values are demonstrated in all work the performed.
To be successful in this role you will have:
  • Postgraduate/ professional accounting qualification, preferably CA or CPA
  • Minimum 6-8 years of post CA qualification experience including 3+ years of people management experience
  • Willingness to travel overseas
  • Willingness to work in different time zones to support clients.
  • A strong background of Financial Accounting and Reporting Services is essential, inclusive of public accounting firm experience (preferably Big 4).
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services.
At Macquarie we offer you the experience and freedom to grow your career whilst making your mark within a highly successful organisation. Key to our success is the entrepreneurialism we encourage in all our people. We give you the opportunity to progress your career as quickly as you can demonstrate your ability.
Gurgaon Office was established in 2007 as a shared services provider of choice for the Macquarie Group and provides capabilities in areas of Finance and Technology. The Gurgaon office is an integral part of Macquarie's global service delivery strategy and has strength of 450 plus people and continues to experience rapid growth and expansion.
The finance arm, GFS (Global Finance Services) sits within the Finance Management Group and  provides a range of finance services supporting Macquarie's operating areas and management through the provision of financial control, financial planning and capital management, management reporting and budgeting and divisional accounting services.
GFS is responsible for identifying opportunities to support greater operational scalability via enhanced financial controllership, Quality, process standardisation, delivering cost efficiency, best practice service excellence management and enhanced operational / financial risk control. GFS is also looking to expand its service offering beyond finance and into areas such as investment banking and other processes performed by Macquarie business groups. It's this expansion which will drive the future growth of GFS.

Vacancy for CA/ICWA in IIT

Junior Assistant/ Junior Technical Superintendent Date of posting:05 Mar

Eligibility : M.Com, MSc, B.Com
Location : Indore
Job Category : 1 to 3 Yr Exp
Last Date : 31 Mar 2014
Job Type : Full Time
Hiring Process : Written-test

IIT Indore - Job Details

Study Circle Meeting at Andheri West





 

Study Circle Meeting at Andheri West;
Day and date: Sunday, 9th March, 2014
Topic: Statutory Audit of Bank Branches
Faculty: CA Shri Shriniwas Joshi
Time: 9:30 am to 1:15 pm
CPE credit: 3 hours
Registration: 9:30 am to 10:00 am
Fess: a]Member of Andheri West CPE Study Circle: free
b] Guest Registration : Rs.250/- per person (inclusive of Breakfast, Tea & Course Material)
Venue: Seminar Hall, First Floor, [Mayor Hall], All India Institute of Local Self Government, Sthanikraj Bhavan, C D Barfiwala Marg, Andheri (West), Mumbai รข€" 400 058.
Contact person: CA Shantesh Warty, Dy Convenor, Mobile: 98199 47969, Email: shanteshwarty@ gmail.com
 
   
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India goes to polls from 7th April, results on 16th May



India goes to polls from 7th April, results on 16th May

India Today Online

IndiaToday - IndiaToday - Wed Mar 5 05:14:04 UTC 2014

The much-awaited schedule for the Lok Sabha polls was announced by the Election Commission on Wednes...

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Tuesday, March 4, 2014

Circular for National Bank Audit Summit at Nashik jointly with CPE Committee of ICAI on 8th & 9th March 2014 [1 Attachment]




Dear Sir/Madam,

In continuation of our endeavor of equipping our members with  updated knowledge base for carrying Bank Audit assignments in the efficient manner, CPE Committee of ICAI is pleased to announce Two Days "NATIONAL BANK AUDIT SUMMIT"  jointly with Nashik Branch of WIRC of ICAI at ICAI Bhawan Nashik on 8th & 9th March 2014.

This conference assumes importance considering the fact that, most of the professional brothers and sisters will be carrying out assignments relating to Central Statutory Audits and Statutory Bank Branch Audits during the month of April - May 2014
 
The summit is planned giving emphasis on practical approach relating to important factors which members have to deal with while discharging their attest function during these assignments. National level eminent faculties are invited to share their experience  and knowledge with the delegates.

We here by request all of you to go through the attached circular for details and take benefit of this opportunity by enrolling in large numbers.

CA V Murli,                                                          
CA Sumnatra Guha              
Chairman CPE Committee of ICAI                      Vice Chairman CPE Committee of ICAI

Program Chairman                                            Program Vice Chairman


CA Shrinivas Joshi                                                CA Vikrant Kulkarni
CCM, (Mumbai)                                                     Chairman
Program Chief Coordinator                              Program Co-Coordinator
   
           
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Vacancy for CA/ICWA in Coal India Ltd.

Company name : Coal India Limited Posts : Management Trainees Qualification : BE BTech, CA / ICWA, Graduates, MBA /PG Diploma, Post graduate Salary : NA Location : Kolkat Last date to apply : 14th April 2014 Details of Post : Management Trainees COAL INDIA LIMITED – a Schedule...read more

Keep your kids safe on the PC with Windows Family Safety

Windows 8 is a revelation of a prudent operating system which has the capability to take charge of access to a brilliant security system. In the complex world of the Internet where everyone has internet and computer connected to it and plenty of data which is very much of importance to the user. Now-a-days kids are exposing to internet which has vast array of nasty things that can affect basic

Vacancy for CA Articleship in T.P.Dutta & Associates



T.P.Dutta & Associates (Chartered Accountants)
No. of Post : 3
Description : Wanted Article Clerk as per CA regulation having good academic career for our Firm. Interested candidate preferably from South Calcutta/ South 24 Parganas are requested to contact at

Cracking the Complex CA Code



Being a CA is just not about numbers, chartered accountants display exceptional thinking and a superior grasp of business that truly marks them as unique in the...


CSR Notification: An Analysis!

Sanjiv Goenka to form trust to manage CSR activities

KPMG arm named in Reebok India scam chargesheet

New PAN card to cost Rs 105, including taxes

Black money: India posts IRS officers in 7 nations except Cyprus

Hind Unilever goes for the cream

Britannia Cake promises to ‘open up’ the delighted consumer

Tata Global, Mount Everest Mineral Water merger gets bourses' approval

D-Link Now Shipping World’s First Portable 11AC Router and Charger

Android tablets outsell the iPad in 2013: Gartner



Android tablets outsell the iPad in 2013: Gartner

AFP - AFP - Tue Mar 4 04:00:00 UTC 2014

Tablet computer sales soared last year with Android-powered devices dethroning iPads atop a booming ...

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Tax benefits on hold for private pf subscribers

Income Tax Rates Fall as Governments Compete Globally

Income tax rates are falling as governments feel the pressure to compete due to increasing global labor mobility.
Top personal income tax rates around the world have fallen by an average of 2.5 percentage points in the past six years, according to KPMG’s Individual Income Tax Rate Survey 2008.
Worldwide, top personal tax rates have fallen from an average of 31.3% in 2003 to 28.8% in 2008. Of the 87 countries

Company Secretaries’ body wants more firms under mandatory audit

TaxAssist office manager achieves chartered certified accountant status

Monday, March 3, 2014

Vacancy for CA/ICWA/CA Inter/ ICWA Inter in BEML

Accounts Officer/Asst. Accounts Officer Date of posting:03 Mar Eligibility : CA, ICWA, MBA/PGDM Location : Karnataka-other Job Category : 1 to 3 Yr Exp Last Date : 22 Mar 2014 Job Type : Full Time Hiring Process : Written-test BEML - Job Details BEML hiring Officer BEML ...read more

What are TDS rates for AY 2015-2016? Daily Quiz (04/03/14)

Who is the president of Institute of Chartered Accountant of India for the Year 2013? Daily Quiz (08/12/13)

Daily Quiz (04/03/14) What are TDS rates for AY 2015-2016?


The member providing the first correct reply shall receive free talk time worth Rs.10 award.


To reply visit the forum page

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India's first electric bus starts running in Bangalore



India's first electric bus starts running in Bangalore

IBNLive - IBNLive - ‎03‎ ‎March‎ ‎2014

Bangalore: India's first electric bus has started running on Bangalore's roads. The route on the bus...

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North Korean becomes 'first man to land on Sun'!



North Korean becomes 'first man to land on Sun'!

India Today Online

IndiaToday - IndiaToday - ‎03‎ ‎March‎ ‎2014

We don't know if this is true, false or just extreme one-up-manship, but North Korea is congratulati...

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SMS alert service for waitlisted rail passengers



SMS alert service for waitlisted rail passengers

PTI - PTI - ‎03‎ ‎March‎ ‎2014

Now you will no longer have to dial 139 or visit the rail website to check the status of your waitli...

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Angry Tim Cook tells Apple investor to 'get out of this stock'



Angry Tim Cook tells Apple investor to 'get out of this stock'

NDTV Correspondent

NDTV - NDTV - ‎02‎ ‎March‎ ‎2014

Apple CEO Tim Cook addressed shareholders at the company's annual meeting on Friday where, while dis...

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RBI extends the date for exchanging Pre-2005 banknotes

RBI extends the date for exchanging Pre-2005 banknotes to January 01, 2015
Following its Press Release of January 24, 2014, the Reserve Bank of India has extended the date for exchanging the pre-2005 banknotes to January 01, 2015. It has also advised banks to facilitate the exchange of these notes for full value and without causing any inconvenience whatsoever to the public. The Reserve Bank solicits the cooperation of the public in withdrawing these notes from circulation by exchanging them at a bank branch convenient to them.
This withdrawal exercise is in conformity with the standard international practice of not having multiple series of notes in circulation at the same time. A majority of such notes have already been withdrawn through the banks and only a limited number of notes remain with the public.
The Reserve Bank clarifies that the public can continue to freely use these notes for any transaction and can unhesitatingly receive these notes in payment, as all such notes continue to remain legal tender.
The Reserve Bank will continue to monitor and review the process so that the public is not inconvenienced in any manner.
Alpana Killawala
Principal Chief General Manager
Press Release : 2013-2014/1735

CBDT Extends Time-Limit for Filing ITR-V (Returns E-Filed with Refund Claims) Forms for Asstt.Yr. 2009-10, 2010-11 and 2011-12 Till 31.03.2014

Posted: 02 Mar 2014 06:33 PM PST
CBDT has extended Time Limit for Filing ITR-V Forms for Assessment Years 2009-10, 2010-11 and 2011-12 Till 31.03.2014 for Returns E-Filed with Refund Claims. The full details of Circular No. 04/2014 dt. 10.02.2014 is as follows: Circular No, 04/2014Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNorth Block, New Delhi Dated the 10th of February,...

United Bank faces auditing, corporate governance probes

Sebi has received complaints about possible violations to its corporate governance norms at the bank

Jewellery seized from premises of ex-spouse was to be handed over to assessee being her stridhan; HC directs

[2014] 42 taxmann.com 41 (Gujarat)
IT : Where in search proceedings carried out at premises of assessee's husband, revenue authorities seized certain gold ornaments, in view of fact that said ornaments belonged to assessee as her stridhan and, Family Court while granting decree of dissolution of marriage had also instructed that assessee would be entitled to all those ornaments, revenue authorities were to be directed to handover said jewellery to assessee

DUE DATE OF VAT ANNUAL RETURN FOR FY 12-13 EXTENDED TILL 30/6/14


ICAI plans to beam lectures through DTH by tying up with HRD ministry

Aiming to provide modern technology for its registered CA students, the Institute of Chartered Accountants of India (ICAI) has signed an MoU with Ministry of HRD to use the upcoming DTH platform.
HRD Minister M. M. Pallam Raju said “DTH channels would be used for imparting education for the

The Reserve Bank of India has extended the date for exchanging banknotes issued prior to 2005

The Reserve Bank of India has extended the date for exchanging banknotes issued prior to 2005 to January 1, 2015.
In late January, the central bank had advised that after March 31, 2014, it will completely withdraw from circulation all banknotes issued prior to 2005. Further, from April 1, 2014, the public will be required to approach banks for exchanging these notes.
Then it said, from July 1, 2014, to exchange more than 10 pieces of ₹500 and ₹1,000 notes,

ICAI launches “ICAI Knowledge Gateway”, Knowledge Management Portal.


For more info please visit www.icaiknowledgegateway.org

73 per cent of direct tax target collected till February


 
With over 73 per cent of its revenue target collected by February, the Income Tax department is hopeful of achieving a full kitty of direct tax collection of Rs 6.36 lakh crore by the end of this financial year on March 31.
The department, according to official data, has made a gross collection of Rs 5,44,891 crore which, after refunds, comes to a net collection of Rs 4,65,998 crore. The latter figure represents 73.23 per cent of the total budget target of Rs 6,36,318 crore.
"The department is very hopeful of achieving the budget target with the last instalment of advance taxes and contributions made by targeted non-filers coming in by March 31," a top I-T department official told PTI.
The department is especially pinning its hopes on potential non-filers as it had recently issued letters to 21.75 lakh such assessees across the country.

Through this non-filers detecting exercise, which was done in close coordination with the Central Board of Direct Taxes (CBDT), the I-T department collected over Rs 1,900 crore in taxes with more than five lakh returns having been filed under the category.
An estimated 1,50,000 self-assessment tax defaulters were thus detected during the 2013-14 financial year.
The department had initiated a business intelligence project called non-filer management system in February, 2013, to identify PAN holders who have not filed their returns and about whom specific information was available either in the Annual Information Return (AIR), Central Information Branch (CIB) data or TDS/TCS returns.
The department has already made it known that over four million high-spenders are under its scanner with plans afoot to check all potential evasion instances before the closing of the fiscal on March 31.

According to data published by it, the department has information on 4,072,829 persons who made cash deposits amounting to Rs 10 lakh or more in their saving bank accounts in the current fiscal amongst a host of other high-value spenders

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Income tax - Whether when assessee-trust that runs a school for children of non-residents, excludes poor children from its ambit, can still claim to be charitable - NO: HC

ERNAKULAM, MAR 03, 2014: THE issues before the Bench are - Whether when the assessee-trust that runs a school for children of non-residents, excludes poor children from its ambit, can still claim to be charitable; Whether there is any live link between the nomenclature of the body and its main activities and Whethe the Revenue is right in making inquiries before rejecting the application filed under Sec 12A. And the answers go against the assessee.
Facts of the case
The assessee is a registered Trust under the name and style "Dawn Educational and Charitable

Hiring Services of Chartered Accountant Firm for Statutory Audit of State Health Society (SHS) & District Health Society (DHS)- ( For the Financial Year2013-14 ) Under National Health Mission ( NHM )

State Health & Family Welfare Society - National Rural Health Mission
Last Date : 04/03/2014
Hiring Services of Chartered Accountant Firm for Statutory Audit of State Health Society (SHS) & District Health Society (DHS)- ( For the Financial Year2013-14 ) Under National Health Mission ( NHM )

Requirement of manpower companies/CA firms/project management consultants for various services – data entry works, accounting & auditing service, services for supervision of civil/electrical/water supply & sanitation works

Chhattisgarh Housing Board
Last Date : 04/03/2014
Requirement of manpower companies/CA firms/project management consultants for various services – data entry works, accounting & auditing service, services for supervision of civil/electrical/water supply & sanitation works

Address: Chhattisgarh Housing Board,Division-II,Shankar Nagar,Raipur (C.G)
Phone: 0771-4054181
Email:

Vacancy for CA in Goldman Sachs

Preferred Qualifications Principal Responsibilities • Manage month-end close processes including accruals, prepaid entries and variance analysis • Supporting business finance activities like invoice management process, allocations and accruals. • Single point of contact for expense related...read more

PPT on "E-Application of CST Forms" & "Online filing of E-TDS Return"




 


 
Download PPT on "E-Application of CST Forms" from following link:
 
 
 
Also download PPT on "Online filing of E-TDS Return" from following link:
 
 
 

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Message from CBDT Chief



The CBDT Chairperson, Dr. Sudha Sharma, has, on the occasion of her retirement, pointed out that her endeavour always has been to foster highest standards of ethics and morality and to guard against tendencies which could bring a bad name to the Department. She stated that upholding ethical values and human dignity have remained her guiding principles.

Dr. Sudha Sharma pointed out that as tax collectors, the department had a pivotal role to play and that there was a huge target of collection that had to be met.

The Chairperson also emphasized that the department had to adopt a transparent and humane approach and provide hassle-free service to honest taxpayers as part of the policy.

The Chairperson also listed out all the achievements of the department during her tenure. It may be recalled that Dr. Sudha Sharma has taken charge of the office with the promise that India Will Have The Best Tax Regime In The World.

We wish Dr. Sudha Sharma good luck in her new endeavors after retirement.




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CA required in Statutary Audit



 
 


We are looking for CAs / CA Inter with good amount of experience in statutory audits. Location is in Pune.

Any interested candidate, please send CVs.


CA Anand Gawade
Managing Partner

A. N. GAWADE & CO. Chartered Accountants

Pune Office Add: Office No 1, Shree Shailya,
Lane No 14, Prabhat Road, Pune-411004.
Tel Fax 020+25459205 Cell: 98223 48948

Mumbai Office Add:
80/84, Dadi Seth, Agiary Lane, 2nd Floor,
Office No 28, Kalbadevi Road, Mumbai-400002.
Tel: Tel: +91 22 6556 3124, Cell  0091-9029044954

Web:   
www.angca.com

    
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Saturday, March 1, 2014

Vacancy for CA in HSBC Bank


Candidate profile
CA/MBA from a premier institute with min 5-6 years of banking experience preferably of which at 3-4 years should have been in GTRF Business Development. If the candidates is within the bank then experience in GTRF Sales is not mandatory, a candidate who has worked in roles in PCM, CMB, CMB and others are also free to apply

What are the factors determining the nature of income arising jon sale of shares i.e whether the income is taxable as capital gains or business income? Daily Quiz (02/03/14)

Who is the president of Institute of Chartered Accountant of India for the Year 2013? Daily Quiz (08/12/13)

Daily Quiz (02/03/14) What are the factors determining the nature of income arising jon sale of shares i.e whether the income is taxable as capital gains or business income?


The member providing the first correct reply shall receive free talk time worth Rs.10 award.


To reply visit the forum page

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ICAI Expatriates Taxationm





 

http://icai.org/publications.html?bookid=1031&bookcid=30


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British spy agency collected images of Yahoo webcam chats



British spy agency collected images of Yahoo webcam chats - Guardian

Julia Fioretti

Reuters - Reuters - ‎28‎ ‎February‎ ‎2014

LONDON - Britain's spy agency GCHQ intercepted millions of people's webcam chats and stored still im...

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GITAM inks pact with ACCA

Corporate FDs: Why & When Should You Invest

Canadians must remain on guard against fraud, identity theft: CPA Canada survey

ICAI to hold campus placements in Mumbai

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