Government Sets Up expert Group To Look Into Auditing Industry.

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 auditing firms in India In the country,

In july representatives of the top 20 Indian audit firms met in Mumbai to discuss ways to combat the increasing influence of multinational firms. Post that meeting Aiyar on behalf of the firms had drafted a petition to the prime minister pointing out hegemony of the big four auditing multinationals and alleging that they engaged In illegal actions. 

Read more information you can visit at: http://bit.ly/2epwuBX

IDS: Tax Offices To Remain Open Till 8:00 PM on Sept 28,29

After ordering the I-T department to keep its offices open till the midnight of September 30 to receive declarations under the one-time domestic black money window, the CBDT on Wednesday asked it to extend its working hours till 8 PM for today and tomorrow in this regard in Tax advisor in India

Video order September 15, it was instructed that the counters for receiving the declaration under IDS, 2016 would remain open till the midnight of September 30, 2016 in all jurisdictions in Chartered accountant in Delhi

"In order to further facilitate the filing of declarations even after office hours, the Principal Chief Commissioners are instructed to ensure that the counters for receiving the declarations under IDS, 2016 remain open till 8:00 PM on September 28 and 29, 2016 in all jurisdictions," the Central Board of Direct Taxes (CBDT) said.

A senior official said no stone is being left unturned to ensure maximum declarations under the window, also called the Income Declaration Scheme (IDS).

For more information visit at: http://bit.ly/2911hmF

Direct Tax mop up rises 15% to RS 1.89 lakh Cr in April - August.

Net direct tax collections during the April-August period has grown 15.03 per cent to Rs 1.89 lakh crore, led by robust collections in personal income tax.

Direct taxes, which include corporate income tax and personal income tax, collection in the first five months till August is 22.30 per cent of Budget estimates for the full fiscal.

“The figures for direct tax collections up to August, 2016 show that net revenue collections are at Rs 1.89 lakh crore which is 15.03 per cent more than the net collections for the corresponding period last year the CBDT said in a statement  in chartered accountant firms.

The gross collection of Corporate Income Tax (CIT) grew at 11.55 per cent, while that under personal income tax (PIT) it was 24.06 per cent.

However, after adjusting for refunds, the net growth in CIT collections is (-)1.89 per cent while that in PIT collections is 31.76 per cent in chartered accountant in Delhi.

Refunds amounting to Rs 77,080 crore have been issued during April-August, which is 22.18 per cent higher than the refunds issued during the corresponding period last year.

The government hopes to collect Rs 8.47 lakh crore from direct taxes and Rs 7.79 lakh crore from indirect taxes, which includes customs, excise and service tax.

GST to bring biggest business reform Tax expert.

The proposed Goods and services (GST) tax regime is set to bring in biggest business reform, a tax expert said here today.

GST is just not tax reform. I say it is going to biggest business reform.

GST is just not tax reform. I say it is going to bring business reform. I say it is going to bring biggest business.

According to him the implications will not be the same for all and depend on how each one does business.

Referring to various concerns of a few sectors on the issue. Jain urged that unless these correct they might have to suffer. Besides highlighting benefits of GST.

Panda said that he has raised at several locations of the draft, word service is missing instead of goods and services tax in Chartered accountant in Delhi.

I don’t know whether it is deliberate or mistake. I have already raised it.

According to draft GST those not registered with excise cannot claim stock credit. 

For more information you can visit at: http://bit.ly/1Un9Qs8

Brace for fall in EPF, PPF rates on govt bond yields

The yields from government bonds to which these rates are linked have fallen 60-70 bps since the last rate cut in March. Currently, the EPF rate is 8.8 per cent, which is unlikely to be maintained this year, reports The Economic Times. A basis point is 1/100th of a percentage point.

Small savings rates and interest rates on retirement savings are likely to be reduced in the near future on a steep fall in the yields on government bonds during the past six months.

The yields from government bonds to which these rates are linked have fallen 60-70 bps since the last rate cut in March. Currently, the EPF rate is 8.8 per cent, which is unlikely to be maintained this year, reports The Economic Times. A basis point is 1/100th of a percentage point.

According to a survey by the financial daily, 84% of the 25 finance professionals expect EPF rates to be lower this year. Also, 64 per cent said that a cut in interest rates of small savings schemes looks imminent. Currently, the interest rate on PPF is fixed at 8.1 per cent in Company incorporation in gurgaon

The EPFO invests 95 per cent of the funds in government bonds and rest in exchange traded funds to maximise returns.

For more information you can visit at: http://bit.ly/1Mduzbi

Kareena Kapoor, Karisma Kapoor, Malaika Arora, Amrita Arora: Meet the desi Sex and the City girls

Looks like we have the perfect cast for a Bollywood version of Sex and the City.

In a picture shared on social media, friends Kareena Kapoor Khan, Karisma Kapoor, Malaika Arora Khan and Amrita Arora Ladak look every bit ready to play the role. It almost looks like a poster for the film.

Malaika Arora Khan used the hashtag 'sisterhood' to describe the bond the girls share.

The girls looked every bit their stylish best and their Instagram post made sure we got a good look of their shoes as well.

The girl gang is known to hang out together quite often and they make sure they share these fun times with their fans on social media.

While the stars are such good friends off screen, we have never had the chance to watch them together in a film. Hope someone makes one soon.

News By: Mehak Mehra 

This is why protective mom Shilpa Shetty doesn’t allow her son to watch TV.

Bollywood actress Shilpa Shetty doesn’t allow her son Viaan to watch television as it’s aggressive at times.

“I don’t allow my son to watch television as it gets aggressive to watch at times.”

“I am a very protective mother. I would encourage him to watch my upcoming show Super Dancer. This would be his first tryst with television,” Shilpa told reporters here today at the launch of the kids dance show.

The 41-year-old actress would be seen as a judge on Super Dancer.

“There are some wonderful kids who are four-five years old and they are great dancers. I wonder my son is not as good as them. I would not bring him on the show,” she said.

Shilpa who herself is a great dancer in real life loves actor Mithun Chakraborty’s style of dancing.

“My all time favourite dancer in Bollywood is Sridevi,” she added.

News By: Mehak mehra

Michael Jackson's top hits of all time.

Since his solo debut in 1971, the King of Pop Michael Jackson (1985-2009), has given the world some memorable songs like "Ben," "Beat It," "Thriller," "Man in the Mirror," "Black or White" and "You Are Not Alone." While his dance routines were equally famous, it was his music that broke racial barriers and set records. He was the first artist in history to have a top 10 single in the Billboard Hot 100 in five different decades. On Michael Jackson's birth anniversary today, let's take a look back at all of his top 10 hits on the charts.

News by: Mehak Mehra.

I don’t kiss on-screen as I have inhibitions, says Sonakshi Sinha

Bollywood actress Sonakshi Sinha is the only actress who hasn't locked lips in any of the movies and she says she won't kiss on screen as she is not comfortable.
When asked about kissing in her films, Sonakshi Sinha told indianexpress.com, "Obviously there are inhibitions. That's why I don't do it in my films."

After Tevar, Sonakshi will be next seen in AR Murugadoss' upcoming action drama Akira. She will be seen fiercely throwing punches, roundhouse kicks and many other daredevil stunts in the film. Not many actresses in Bollywood have tried their hand at martial arts and doing stunts in their films, as compared to actresses in Hollywood. However, Sonakshi has managed to break that perception with Akira.

Sonakshi said, "First of all I would like to take that as a compliment. To get compared with Hollywood is a big thing for me. I am happy that I have got noticed for my hard work. I went through a lot of physical training for this film as doing action, applying punches and kicking high is not an easy thing. You have to be fit and only then can you do such things. Also, actresses don't get a chance to showcase their abilities and action in Bollywood. In Hollywood, they give actresses opportunities to do action and other stuff. I hope with Akira, actresses in Bollywood would start getting action roles and perform stunts."

Apart from doing high-octane action sequences in the film, understanding her character's emotional feelings and situation was the most challenging for the Dabangg actress. "Getting into the mindset of the character was challenging for me. The pain, the situation she has been through and to portray that was not easy for me since I have never been in such a situation and I have never faced such an environment. And then, learning martial arts and doing stunts in the movie also took a lot out of me," she said.

Sonakshi will be seen kicking the butt of the bad guy in Akira. When we asked if she has done the same thing in real life as well, she laughed and told us, " Yes. I have punched and kicked someone but I won't take his name.

Padmavati: Deepika Padukone is not being paid Rs 11 crore, says Sanjay Leela Bhansali’s rep.

Filmmaker Sanjay Leela Bhansali's spokesperson says reports stating that actress Deepika Padukone has been paid around Rs 11 crore for her next film Padmavati are completely false.
According to the reports, Deepika is the highest paid actress in Bollywood and after bagging a Hollywood project and delivering back-to-back hit films in Bollywood, she has hiked her fee.

"The reports surrounding the star cast remuneration for 'Padmavati' are completely false. The rumours are baseless and are being blown out of proportion," the spokesperson of Bhansali told IANS.

Only recently, Deepika has also emerged out as one of the highest-paid actresses in the world. She is also making her Hollywood debut with xXx: The Return of Xander Cage starring Vin Diesel.

To be directed by Bhansali, Padmavati also stars Ranveer Singh. Deepika and Bhansali have come together for the third time after the success of Goliyon Ki Raasleela Ram-Leela and Bajirao Mastani.

Meanwhile, Ranveer Singh is keeping mum on his casting in Sanjay Leela Bhansali’s Padmavati but the film’s costume designer has let out that the actor is indeed on board for the period drama. There have been numerous media reports about Ranveer’s casting in the film, with some suggesting he is again teaming up with Bhansali, while others claiming the actor had a fallout with the director and opted out of the project.

It, however, seems that the speculation can be put to rest now as costume designer Ajay Kumar, who has begun the work on Padmavati, posted on Instagram that both Ranveer and actress Deepika Padukone are part of the movie.

Read more at: Mehak Mehra

Ae Dil Hai Mushkil teaser: Anushka, Aishwarya and Ranbir in a complicated relat...

After tweeting posters of his upcoming movie, filmmaker Karan Johar shared the first teaser of Ae Dil Hai Hai Mushkil Tuesday morning. The film stars Aishwarya Rai Bachchan, Ranbir Kapoor, Fawad Khan, Anushka Sharma in the lead roles.
The one-and-a-half minute long video shows Ranbir with Anushka and Aishwarya at different points in time, hinting at a possibly complex relationship between them. While not much is revealed with the teaser, one thing is sure - this will be one super-emotional ride. Fawad Khan also makes a brief appearance, adding to the drama.

Directed by Karan Johar, Ae Dil Hai Mushkil is the third film that features Ranbir and Anushka opposite each other. The duo has previously appeared in PK and Bombay Velvet.

News by: Mehak mehra

Tamil actress Radha gets threatening call from Chennai prison; files complaint.

Tamil actress Radha, has approached the police stating a man from Puzhal Central prison in Chennai has threatened to kill her.

According to Deccan Chronicle, the prisoner is a man named Vairam and the two-minute call he made to Radha has been recorded, and submitted to Chennai police.

In the call, Vairam is heard telling her, "You think you are bigger that me? You have acted in just 3 movies. I have so many cases against me. If you want I can come and meet you at your home in Virugambakkam."

He also threatened her against maintaining her relationship with a married producer, unless she wanted to "face the consequences".

Sources from Puzhal jail have confirmed that Vairam is lodged there, but they are unaware of how he had access to a cell phone, and when he made the call.

News by: Mehak mehra

I Won't Camouflage Baby Bump On Screen: Kareena Kapoor Khan.

Actress Kareena Kapoor Khan, who is expecting her first child with Saif Ali Khan, says she won't camouflage her pregnancy on screen for any role.

The mom-to-be said her pregnancy does not affect her hectic work schedule or her career.

"Well I will definitely go on with my normal life. I am a working woman and there is absolutely nothing wrong in that. I love my job and I'm passionate about my work. I have wanted to became an actress ever since I was in my mother's womb. So I will continue acting all my life until I am 80," Kareena said here on Monday.

The actress will begin shooting for Shashanka Ghosh's Veere Di Wedding in October. The film also stars Sonam Kapoor, Swara Bhaskar and Shikha Talsania.

"Whichever role I do, I am not going to camouflage it on screen. I am proud of this phase (being pregnant) that I am in and there is nothing to hide about it. Whichever film I choose to do you will see me the way I am. Right now, I am working on dates so it all depends on how I feel," she added.

Veere Di Wedding is a romantic comedy about four women who embark on a trip from Delhi to Europe.

News by: Mehak mehra

Why PM Modi's Bold Gambit on Balochistan May Boomerang.

In statecraft, especially in that fine craft called espionage, there is a term which is very commonly used. Plausible deniability. It was first used back in the fifties by the CIA’s legendary Director Allen Dulles, after whose family the Dulles Airport in Washington is named. Back then the US used to run a series of covert operations, many of them were geared towards assassinating Fidel Castro. It also included regime changes in countries whose rulers were not favourable to America, like Iran and Guatemala and culminating in the Bay of Pigs fiasco.

Some of these operations were successful, others were not. But the important thing was the US President had no direct knowledge of any of these covert goings on. And it was deliberately kept so by the top dogs at the CIA. The reason was simple. Plausible deniability. If it got to a stage where the US President had to testify before Congress or before the courts or before the American public, then he or she could plead innocence citing no direct knowledge.

India’s involvement in Balochistan always fell in that grey area called plausible denial. Up until Prime Minister Narendra Modi’s Independence Day speech. Although India’s covert operations in Pakistan had officially been called off back in 1997 when IK Gujral was prime minister, no one quite took it to be the gospel truth. Certainly no one in Pakistan did. Look no further than the August 7 attack at Quetta’s civil hospital which wiped away almost all of that city’s legal fraternity. Quetta is the capital of Balochistan.

News by: Mehak mehra

Ramya on sedition case: Will not apologise for my Pakistan remark, said nothing wrong.

Actor-politician Divya Spandana, responding to the sedition charge filed against her, said she will not apologise for her comments on Pakistan as this would go against the cause that everyone is fighting against. "I don’t have an ego at all and in any given incident, I would have apologised, but if I do in this case, the larger cause we're fighting for would go," she said.

She had earlier spoken about Pakistan, praising the people for their hospitality, 'outraged' by which, a lawyer in Karnataka filed a case of sedition against the former Lok Sabha MP, who also goes by the name Ramya.

The ex-Congress MP said, "Its really sad but such is situation in country today. Everybody is entitled to their views and that is what democracy is about. You can't force your ideology on anyone."

Reiterating her earlier remarks, Ramya said, "I respectfully disagree, Pakistan is not hell, people there are just like us." She was referring to Defence Minister Manohar Parrikar's remarks that going to hell and going to Pakistan were the same.

Ramya, who visited Pakistan to attend the Saarc meeting of young parliamentarians had spoken of how she felt the people of Pakistan were very welcoming and went out of their way to make her stay comfortable on getting to know she was from India.

"Politicians want to polarise and spread hatred. Just because borders separate us we shouldn't hate others," she said adding to her reply to the sedition charge.

News by: Mehak Mehra

'Why Would I Lie?' OP Jaisha, Who Collapsed In Rio, Takes On Officials.

Bengaluru: Runner OP Jaisha has strongly refuted the Athletics Federation of India (AFI) allegation that she refused energy drinks as she ran the marathon at the Rio Olympics.

Jaisha, 33, collapsed at the finish line and has said that she ran the gruelling 42-km race without support from Indian officials who were missing at desks placed by countries a few kilometres apart so that their competitors can be offered refreshments.

But CK Valson, a top AFI official has said it is untrue that officials were missing. He said that Jaisha and her coach had refused the offer to have refreshments served at the counters that Indian officials could have manned.

"Why would I lie? There was no water in Rio...I am not blaming the Sports  Authority of India or the administration...After 21 km, I was really exhausted, I couldn't even walk for a metre," the Kerala athlete told NDTV on Monday night.

"There needs to be an inquiry...I am sure that had something grave happened to me, AFI would have still said that OP Jaisha didn't avail refreshment," she told news agency ANI.

During a marathon, competitors' countries are entitled to place a desk every 2.5 km to offer them liquids. Instead, it was official Olympics counters - placed about 8 km apart - that Jaisha had to rely on, the athlete has alleged.

News by: Mehak Mehra

Hilarious: KRK grooves to ‘Beat Pe Booty’.

Self-proclaimed film critic-actor-filmmaker Kamal Rashid Khan aka KRK is the latest celebrity to have taken up the ‘Beat Pe Booty’ challenge. The 41-year-old has presented his version of the peppy track from ‘A Flying Jatt’ and has further challenged Mika Singh, Rahul Vaidya and Yuvika Choudhary.

The ‘Bigg Boss 3’ contestant has attempted the steps as best as he can and the video has turned out to be quite hilarious. The video has gone viral online. After his jig in the 46-second video, KRK has also wished all the best to lead actors Tiger Shroff, Jacqueline Fernandez, director Remo D’Souza and producer Baliji Motion Pictures for their upcoming superhero film.

The 'Beat Pe Booty' number composed by Sachin-Jigar and sung by them along with Kanika Kapoor has become a rage on the internet, especially after Tiger, Jacqueline and Remo challenged their industry colleagues to show their moves on the song.

The hashtag #BeatPeBooty has taken the social media by storm. Celebrities like Ekta Kapoor, Tusshar Kapoor, Hrithik Roshan, Prabhudheva, Sunny Leone, Varun Dhawan, Mouni Roy, Divyanka Tripathi, Anita Hassanandani, Krystle D'Souza, Masaba Gupta and Ganesh Acharya have grooved to its beats and shared their clips online. A number of fans have also joined the bandwagon and have been uploading their versions of ‘Beat Pe Booty’.

Also starring Kay Kay Menon, Hollywood actor Nathan Jones, Amrita Singh and Gaurav Pandey, ‘A Flying Jatt’ is set to hit screens on August 25.

News by:  Mehak mehra

PV Sindhu Mobbed On Homecoming, Victory Ride On Open-Top Bus.

A beaming Olympic champion PV Sindhu arrived this morning at the Hyderabad airport, where hundreds had gathered to greet her. Top politicians and others jostled to present flowers and shawls and click selfies with the first Indian woman to win a Silver medal at the Games.

With her is her coach Pulella Gopichand, who has now trained two Olympic medallists in Saina Nehwal and Sindhu. They have boarded a special open double-decker bus commissioned by the Telangana government all the way from Mumbai, and are travelling in a victory rally to a city stadium.

Many people have lined up along the 30 km route to the stadium to cheer Sindhu, 21. Waiting at the stadium, where the Telanagana government has organised a celebration, are hundreds, including students holding up big posters of the champ.

Both Telangana and Andhra Pradesh sent top ministers to greet Ms Sindhu at the airport in the capital they currently share. While Sindhu's mother Vijaya is from Vijayawada in Andhra Pradesh, her father PV Rammna is from Adilabad in Telangana.

Both states have announced rewards to celebrate Sindhu's Silver - the Telangana government will give her a cash reward of 5 crore, a residential plot in Hyderabad and has offered her a job. The Andhra Pradesh government too has offered Sindhu a job and will give her a cash reward of 3 crore and a residential plot in Amravati, the new capital city it is building.

News by: Mehak mehra

Leonardo DiCaprio, girlfriend Nina Agdal doing fine after car accident.

The 'Revenant' actor Leonardo DiCaprio and his model girlfriend Nina Agdal were reportedly involved in a car crash.

The 41-year-old Oscar-winning actor was in the car with Agdal when the accident happened on Saturday afternoon in East Hampton Village, New York, according to New York Post.

A Mini Cooper hit the back of their car. An ambulance was called to the scene “as a precaution,” but it was
“Leo and Nina got rear-ended, but everyone is doing fine. It was Leo’s friend’s car,” a source said.

DiCaprio was supposed to host Hillary Clinton fundraiser scheduled for Tuesday in Los Angeles, but now he won’t due to a scheduling conflict.

Justin Timberlake and wife Jessica Biel eventually step in to host the event at their own house.

News by: Mehak mehra

Nationalism Being Questioned in Name of Freedom of Expression: Amit Shah

BJP national President Amit Shah on Sunday said the spirit of nationalism and patriotism united the country and regretted that it had "become a fashion" to question one's nationalism in the guise of freedom of expression.

Remembering sacrifices made by freedom fighters and martyrs for India's independence, Shah said: "The country can remain united only if there is spirit of nationalism and patriotism. If there was no nationalism or patriotism, there would have been no independence, if there was no independence, there would have been no Constitution."

Speaking at an event to mark the 70th year of Independence here, about 350 km from Bengaluru, Shah said it had become a fashion to question one's nationalism in the guise of freedom of expression, and that a few people were campaigning even on social media and asking if nationalism was necessary or not.

"It has become a fashion nowadays for a few people in a few places to question nationalism. This is being done in different places and theories are being planted.

"Nationalism is being questioned in the name of freedom of expression," Shah said at the Tiranga Yatra' (Tricolour tour), organised by the party's state unit to celebrate 'Freedom 70-Remembering sacrifices' at Mangalore University campus.

Recalling how Bhagat Singh, Rajguru and Sukhdev were hanged for upholding the principles of nationalism and patriotism, the party chief urged the youth to read the history to realise how many people had sacrificed for the country's independence during the 90-year (1857-1947) freedom struggle.

"Bhagat Singh also fought for freedom of speech. There is no problem if you question a party or its ideology. But you cannot call it freedom of speech when you want to propagate anti-national ideologies," Shah pointed out.

Noting that a handful of people were trying to separate the nation, Shah said the country could not be without nationalism.

News by: Mehak mehra