Monday 11 July 2011

ICAI to submit suggestions on black money by August

ICAI to submit suggestions on black money by August 

Regulator ICAI accounting, said today present, the Government, its proposals through to the deal with the threat posed by the illicit funds and restore hidden in tax havens and foreign banks money August.
"(The_Commission) we had our first meeting." We collect details of the Treaty on the avoidance of double taxation (DTAA), treated control now, etc., to their operation. Final de Agosto, we should present our report to the Government, "said Ramaswamy ICAI President g today.."
ICAI to submit suggestions on black money by August   


The Committee of experts, led by Ramaswamy, Central, consists of nine members of the Council of the Institute of Accountants of the India (ICAI) told journalists outside in the conclave of commercial staff CIIA embassies and missions abroad.
Contributions and suggestions by CIIA will be submitted to the Central Board of direct taxes.
The question of the illicit funds has become a major topic of debate in the India. Before recently a pressure group, which declared the associated global investors in Mauritius, the country together with the India fight against money laundering and "clean and transparent" on this front was completely.

ICAI to submit suggestions on black money by August 


In addition the Supreme Court set up a special team of research for the monitoring of the probe and steps are hidden to wear the black money in foreign banks.
The ICAI has more than 1.73 lakh members and 8.74 lakh students.

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