The Institute of Chartered Accountants of India (ICAI) notes with great pride that the Government has accepted its recommendations with regard to the roadmap for implementation of Indian Accounting Standards (Ind AS) for companies other than banking companies, insurance companies and NBFCs. ICAI had recommended this roadmap to the Ministry of Corporate Affairs (MCA) in […]
With a view to mitigate the hardships being faced by members whose names stand removed as on date due to non-payment of membership fee, the Council has decided to give an opportunity by way of General Amnesty Scheme one time dispensation for restoration of their names retrospectively.
Ministry of Commerce & Industry Press Release Dated 06-January, 2015 Press Note No. 2 (2015 Series) – Review of the policy on Foreign Direct Investment (FDI) in Pharmaceutical Sector- carve out for medical devices 1.0 Present Position: 1.1 Paragraph 6.2.18 of ‘Consolidated FDI Policy Circular of 2014’, effective from April 17, 2014, relating to Foreign […]
Following its earlier year trends, ICAI has extended the last date for complying with the CPE hours requirement for the Calendar Year 2014 from 31st December, 2014 to 31st March, 2015.
Present Government has taken Number of Bold Steps like Introduction of Constitution Amendment Bill on Goods and Services Tax (GST), Amendment of Land Acquisition Act to Revive Infrastructure Growth: FM The Union Finance Minister Shri Arun Jaitley said that the present Government has taken number of bold steps like Goods and services Tax (GST). He […]
Road Map Revised for Implementation of Indian Accounting Standards for Companies Other Than Banking Companies, Insurance Companies and NBFCs; Notification to Follow Soon
I am glad to inform you that the Companies (Cost Records and Audit) Amendment Rules, 2014 has been notified by the Central Government. The original Companies (Cost Records and Audit) Rules, 2014 issued on 30th June 2014 have been modified extensively on the basis of representations made by the Institute,
In accordance with a key announcement made by Prime Minister Narendra Modi on Independence Day, the Union Government today established NITI Aayog (National Institution for Transforming India), as replacement for the Planning Commission.
The Future Belongs to Us-Let’s Think Big – The reviving economy, fast-paced globalisation and expansion of various sectors are offering an ocean of professional opportunities for the CAs.
Special Judge for CBI Cases, Ernakulam has convicted Shri Ajay Pratap Singh, then Inspector, Central Excise Tax Division, Kathrikadavu, Cochin U/s 7 & Section 13(2) r/w 13(1)(d) of PC Act, 1988 and sentenced him to undergo two years Rigorous Imprisonment with fine of Rs.25,000/- in a bribery case.
