Union Home Minister Shri P. Chidambaram released the book on Disaster Management in India prepared by Disaster Management Division in the Ministry of Home Affairs, here today. Speaking on the occasion, Shri Chidambaram urged the stakeholders to come together by contributing their knowledge and experience in mitigating disaster in the country. He said that disaster management must become part of the general administration at the district level and first and second response at the ground level in States must be prepared. The Home Minister expressed the hope that the Book will be useful in disseminating knowledge on disasters and disaster management in the country.
Paper 8: Indirect Tax Laws (Final Course), Paper 5: Taxation (PCC) and Paper 4: Taxation (IPCC) – Point of Taxation (POT) Rules, 2011 have been notified vide Notification No. 18/2011 ST dated 01.03.2011. These rules have become effective from 01.04.2011 and further amendments have been made in these rules vide Notification No. 25/2011 ST dated 31.03.2011 and Notification No. 28/2011 ST dated 01.04.2011.
A new Audit Advisory Board (AAB) has been constituted under Comptroller & Auditor General of India, Shri Vinod Rai, who is the ex-officio Chairman of the Board. The main function of the Board will be to advise the Comptroller and Auditor General of India in matters relating to audit and suggest improvements in the performance and focus of audit within the framework of the constitution and statutory mandate of the CAG. The members will function in an honorary capacity for a period of two years.
The Union Cabinet today gave its approval for introducing a Legislative Amendment Bill to amend Section 28 of the Customs Act, 1962 (52 of 1962) to retrospectively recognize specified Customs officers as ‘proper officers’ for assessment of Customs duty thereby validating large number of Show Cause Notices involving substantial Customs revenue that are otherwise rendered invalid as a consequence of a judgement of the Hon’ble Supreme Court.
The Union Cabinet today approved the proposal for the enactment of a new legislation in the form of the Benami Transactions (Prohibition) Bill, 2011 to replace the existing Benami Transactions (Prohibition) Act, 1988 and for its introduction in Parliament. During the process of formulating the rules for implementing certain provisions of the present Act which was passed in 1988, it was found that owing to infirmities in the legislation, formulation of the rules would not be possible without a comprehensive legislation by repealing the Act.
No. 13-CA (EXAM)/N/2011: In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to notify that the Professional Competence Course (PCC), Integrated Professional Competence Course (IPCC) and Final examinations will be held on the dates given below at the following centres provided that sufficient number of candidates offer themselves to appear from each centre.
Can a Chernobyl type accident take place in Indian Nuclear Power Plants? Nuclear power has a very good safety record for a period spanning more than three decades. The Three Mile Island (TMI) accident in March, 1979 and the Chernobyl accident in April, 1986, Have raised apprehensions in the minds of the public all over the world. In the case of TMI, no radiation injury had occured to any member of the Public. In fact all the safety systems had worked as designed and no radioactivity was released to the atmosphere. At chernobyl, 31 people died and they are all plant personnel.new
Technical Director heads the Technical Directorate which provides support to the Accounting Standards Board, Committee for Implementation of Indian Accounting Standards (IFRS), Committee for Accounting Standards for Local Bodies, Research Committee, Expert Advisory Committee and other assignments relating to providing inputs to the accounting pronouncements issued by the Institute. The work includes liaising with the relevant international bodies, such as International Accounting Standards Board and the Governmental and Regulatory Authorities, such as Ministry of Corporate Affairs, Reserve Bank of India, Securities Exchange Board of India, Insurance Regulatory Development Authority and other such authorities on accounting matters.
Multiple queries have been received from CsIT (Computers Operations) and Field Formations regarding implementation of new CAP-II (MIS-III), In order to respond to the queries, a set of FAQs has been prepared which are being uploaded on www.irsofficersonline,org. These FAQs are expected to take care of the doubts about MIS-III.
LIST OF XBRL PROGRAMMES SCHEDULED TO BE ORGANISED BY ICSI AND ITS REGIONAL COUNCILS AND CHAPTERS
