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Exemption in CA Intermediate & Final exam valid for Nov, 2016

October 15, 2016 7321 Views 0 comment Print

Exemption(s) in a paper(s) are granted to candidates of Intermediate and Final examinations, in terms of Regulation 37C(8) and Regulation 38C(6), respectively, of the Chartered Accountants Regulations 1988. The rules in this regard are provided in the Guidance Notes made available to the candidates along with the examination forms and hosted on http://icaiexam.icai.org. The related FAQs are also hosted on www.icai.org.

Taxing sugary drinks can lower consumption &reduce obesity: WHO

October 15, 2016 1696 Views 0 comment Print

Fiscal policies that lead to at least a 20% increase in the retail price of sugary drinks would result in proportional reductions in consumption of such products, according to the report titled Fiscal policies for Diet and Prevention of Noncommunicable Diseases (NCDs).

Consultation Paper on SEBI (Investment Advisers) Regulations, 2013

October 14, 2016 1561 Views 0 comment Print

The objective of the consultation paper is to specify uniform standards across all the intermediaries/persons engaged in providing investment advisory services irrespective of whether such activity is incidental to their primary activity or not and to address the gaps or overlaps in legal or regulatory standards.

Draft Insolvency And Bankruptcy (Application To Adjudicating Authority) Rules, 2016

October 14, 2016 14275 Views 0 comment Print

In exercise of the powers conferred under sub-section (2) of section 7, sub-section (1) of section 8, sub-section (2) of section 9, sub-section (2) of section 10, sub-sections (1) and (2) of section 239 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby makes the following Rules, namely.

Draft Insolvency and Bankruptcy (Liquidation of Insolvent Corporate Persons) Regulations 2016

October 14, 2016 1618 Views 0 comment Print

In exercise of the powers conferred by sub-sections (1) and (2)(x)-(zk) of Section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Board hereby makes the following Regulations to provide a framework for liquidation of insolvent corporate persons in terms hereof

Draft Insolvency and Bankruptcy (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

October 14, 2016 2098 Views 0 comment Print

In exercise of the powers conferred under sub-sections (13) and (16) of section 5, sub-section (3) of section 7, sub-section (3) of section 9, sub-section (3) of section 10, sub-section (2) of section 14, sub-section (2) of section 15, sub-section (2) of section 17, sub-sections (a) and (g) of section 18, sub-sections (7) and (8) of section 21, sub-sections (1), (7) and (8) of section 24, sub-section (2) of section 25

SBI Invites RFP for Special Audit of its Associate Banks

October 13, 2016 3262 Views 0 comment Print

Request For Proposal (RFP) For Engagement Of Auditor For Special Audit Of 5 Associate Banks Namely i) State Bank of Hyderabad (SBH) ii) State Bank of Patiala (SBP) iii) State Bank of Travancore (SBT) iv) State Bank of Bikaner & Jaipur (SBBJ) v) State Bank of Mysore (SBM) And I) Bahrtiya Mahila Bank Ltd Preceding […]

MCA releases Revised Form 23C, Form 23D, Form I-XBRL & Form A-XBRL

October 13, 2016 3160 Views 0 comment Print

The Ministry of Corporate Affairs has released the new forms relevant to Costing Rules prior to Companies (Cost Records and Audit) Rules 2014: FORM 23C [Pursuant to section 233B(2) of Companies Act, 1956]: Form of application to the Central Government for appointment of cost auditor FORM 23D [Pursuant to section 233B(2) of Companies Act, 1956]:Information […]

Direct Tax Collections up to September, 2016 up by 8.95%

October 13, 2016 1084 Views 0 comment Print

The figures for direct tax collections up to September, 2016 show that net collections are at Rs.3.27 lakh crore which is 8.95% more than the net collections for the corresponding period last year. Till September, 2016, 38.65% of the Budget Estimates of direct taxes for FY 2016-17 has been achieved.

ICDS Not Applicable for November, 2016 CA Exams

October 11, 2016 2533 Views 0 comment Print

Students appearing in November, 2016 examination may note that Income Computation and Disclosure Standards (ICDS) shall not be applicable. ICDS need not be applied for computation of income or for answering application based or knowledge based questions

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