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2nd to 6th Report of Rangachary Committee on Taxation of Development Centres & IT Sector – Safe Harbour

August 15, 2013 2192 Views 0 comment Print

Five reports of the Rangachary Committee recommending safe harbours in different sectors like, IT/ITES, Financial Transactions, Contract R&D in IT and Pharma sector and Automotive sector. First report of the Rangachary Committee on Development Centres was already posted on 30.06.2013. Download Second to Sixth Report of the Rangachary Committee Source- CBDT

Significant Changes made in the Revised Syllabi of select papers of CA Intermediate (IPC) Course

August 15, 2013 1656 Views 0 comment Print

 SIGNIFICANT CHANGES MADE IN THE REVISED SYLLABI OF SELECT PAPERS OF INTERMEDIATE (IPC) COURSE The syllabi of Part II: Service Tax and VAT of Paper 4: Taxation and Paper 7A: Information Technology of Intermediate (IPC) Course have been revised in terms of the decision of the Council taken at its 324 th meeting held in […]

ICAI – Non-applicability of Companies Bill, 2012 (to be enacted as the Companies Act, 2013) for May 2014, Examinations

August 15, 2013 1385 Views 0 comment Print

14th August, 2013 Important Announcement Attention: Intermediate (IPC) and Final Course students Non-applicability of Companies Bill, 2012 (to be enacted as the Companies Act, 2013) for May 2014, Examinations This is to bring to the notice of students that the Companies Bill, 2012 (to be enacted as the Companies Act, 2013) which was passed by […]

Significant Changes made in the Revised Syllabi of select papers of CA Final Course

August 15, 2013 2378 Views 0 comment Print

SIGNIFICANT CHANGES MADE IN THE REVISED SYLLABI OF SELECT PAPERS OF FINAL COURSE The syllabi of Paper 6: Information Systems Control and Audit and Paper 8: Indirect Tax Laws of Final Course have been revised in terms of the decision of the Council taken at its 324th meeting held in March, 2013. The detailed announcement […]

ICSI declare dates of Result of Company Secretaries Examinations, June 2013

August 15, 2013 369 Views 0 comment Print

The result of Professional Programme Examination held in June, 2013 will be declared on Sunday, the 25th August, 2013 at 11.00 A.M. The result along with candidates’ individual subject-wise break-up of marks will be available on the Institute’s website: www.icsi.edu on declaration of the result.

ICSI – Announcement on Training- 15 months training with FI, Consultancy Firms & Law Firms

August 15, 2013 1727 Views 0 comment Print

Announcement on Training- 15 months training with FI, Consultancy Firms & Law Firms, Removal of fee of ₹ 50/- and 15 days Specialised training. Announcement The Council of the Institute has approved the following decisions pertaining to training of the students of the Company Secretaryship Course.: A)        15 months training with Law Firms, Consultancy Firms, […]

Clarification about Applicability of the Companies Bill, 2013 for Company Secretaries December, 2013 Examination

August 14, 2013 2153 Views 0 comment Print

ATTENTION STUDENTS! Clarification about Applicability of the Companies Bill, 2013 for Company Secretaries December, 2013 Examination. Students appearing in the ‘Company Law’ paper of ‘Executive Programme’) and Company Secretarial Practice paper of the ‘Professional Programme’ respectively may take note of the following changes applicable for December 2013 Examination:

RBI announces measures to rationalise Foreign Exchange Outflows by Resident Indians

August 14, 2013 2198 Views 0 comment Print

Keeping in view the current macroeconomic situation, the Reserve Bank of India has today announced the following measures: (i) Reduced the limit for Overseas Direct Investment (ODI) under automatic route for all fresh ODI transactions, from 400% of the net worth of an Indian Party to 100% of its net worth. This reduced limit would […]

RBI issues clarification on Import of Gold by Nominated Banks /Agencies/Entities

August 14, 2013 1086 Views 0 comment Print

Government of India and the Reserve Bank of India have been receiving several requests for clarifications on the operational aspects of the scheme of imports put in place in terms of the above circular. There have also been representations to change certain aspects of the scheme. Taking into account all these representations and in consultation with the Government of India, it has been decided to issue the following clarifications/modifications in supersession of all the earlier instructions:

DGFT – Export of onions will be subject to Minimum Export Price

August 14, 2013 547 Views 0 comment Print

Export of onion for the item description at Serial Number 51 & 52 of Schedule 2 of ITC(HS) Classification of Export & Import Items shall be permitted subject to a Minimum Export Price(MEP) of US$ 650 per Metric Ton F.O.B. or as notified by DGFT from time-to-time.

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