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Manual for Quality Assurance Review & Audit Performance Index 2021

March 16, 2021 5229 Views 0 comment Print

Methodology for grading the Audit Commissionerates, on both, qualitative performance in the form of QAR and quantitative performance in the form of API, and a composite annual grading is provided in this Manual.

CMA – Renewal of CoP issued w.e.f. 1st February 2019

March 16, 2021 1206 Views 0 comment Print

A Cost Accountant is required to undergo mandatory capacity building training before applying for Certificate of Practice or within six months of getting the Certificate of Practice i.e. new COP holders. https://eicmai.in/MCBT/Home.aspx

How to get a professional loan for chartered accountants to finance your needs

March 15, 2021 15777 Views 0 comment Print

In today’s economic climate, it is common for chartered accountants to venture into a private practice. This is among the best ways to establish yourself in any market and grow as a professional. However, running a business is an expensive undertaking, no matter if you’re located in metropolitan cities or not. Whether you’re looking to […]

100 percent of estimated GST compensation shortfall released

March 15, 2021 735 Views 0 comment Print

100 percent of the estimated GST compensation shortfall of Rs.1.10 Lakh crore released. 20th Instalment of Rs. 4,104 crore released to the States on Monday, 15th March, 2021. The Ministry of Finance, Department of Expenditure has released the final weekly instalment of Rs.4,104 crore to the States to meet the GST compensation shortfall. Out of […]

Lockdown Guidelines amenmded in Maharashtra on 15.03.2021

March 15, 2021 10995 Views 0 comment Print

a. All Cinema Halls (Single Screens and Multiplexes)/ hotels/ restaurants to operate on 50% capacity with following restrictions: i. No entry will be allowed without proper wearing of Masks. ii. Temperature measuring devices to be used to ensure no one with fever gets an entry.

Steps taken by Government to use AI for education transformation

March 15, 2021 615 Views 0 comment Print

Artificial Intelligence has already been applied to education primarily in some tools that help develop skills and testing systems. Artificial Intelligence can drive efficiency, personalization and streamline administrative tasks to allow teachers the time and freedom to provide understanding and adaptability. 

Misleading advertisement etc- 172 Notices issued since October 2020

March 15, 2021 744 Views 0 comment Print

172 Notices have been issued since October 2020 by Central Consumer Protection Authority for misleading advertisement and unfair trade practice and Violation of Declarations under Packaged Commodity Rules- Secretary Department of Consumer Affairs

Analysis of SC Judgment in case of Arun Kumar Jagatramka. Vs. Jindal Steel and Power Ltd.

March 15, 2021 9741 Views 0 comment Print

SC held that (i) prohibition placed by the Parliament in Section 29A and Section 35(1)(f) of the Insolvency and Bankruptcy Code, 2016 (IBC) must also attach itself to a scheme of compromise or arrangement under Section 230 of the Companies Act, 2013 (Act of 2013), when the company is undergoing liquidation under the auspices of the IBC,

SEBI (Annual Report) Rules, 2021

March 12, 2021 3867 Views 0 comment Print

(1) These rules may be called the Securities and Exchange Board of India (Annual Report) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

Karnataka HC guidelines for search & seizure of Electronic Devices

March 12, 2021 9783 Views 0 comment Print

Virendra Khanna Vs State of Karnataka (Karnataka High Court) In this case Karnataka High COurt answered following Questions- 1. Can a direction be issued to an accused to furnish the password, passcode or Biometrics in order to open the smartphone and/or email account? 2. Can a Court issue a suo moto order to the accused […]

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