Companies (Amendment) Bill, 2014 The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the introduction of the Companies (Amendment) Bill, 2014 in Parliament to make certain amendments in the Companies Act, 2013. The Companies Act, 2013 (Act) was notified on 29.8.2013. Out of 470 sections in the Act, 283 sections and […]
PRESS NOTE Setting Up Of High Level Committee To Interact With Trade And Industry On Tax Law In his Budget Speech 2014-1 5, Finance Minister had announced the setting up of a High Level Committee to interact with trade and industry and ascertain areas where clarity on tax laws is required. Accordingly, a High Level […]
We are happy to inform that the Institute has brought out a publication namely ‘Referencer on Pre-certification of e-forms’ under the Companies Act, 2013. Pre-certification of e-forms is an important area of work for the Company Secretaries in practice. MCA has entrusted company secretaries with the responsibility of ensuring reliability of documents filed by companies […]
Shri Ranjit Sinha, an IPS officer of 1974 batch (Bihar cadre) today relinquished the charge of Director, CBI on superannuation. Prior to joining CBI, he served as DG, ITBP. Shri Sinha had earlier held several important positions in CBI including the post of Joint Director and DIG. He has been associated with the investigations of […]
Invitation to comment on the Exposure Draft of the Accounting Standard (AS) 10 (Revised), Property Plant and Equipment issued by the Accounting Standards Board (ASB) of the ICAI The Accounting Standards Board (ASB) of the Institute of Chartered Accountants of India (ICAI) at its 207th meeting considered for the upgradation of existing Accounting Standards in […]
Income Tax Rules provide that the following persons shall pay tax electronically (i.e. internet banking facility or through credit/debit cards) on or after the 1st day of August, 2008: i. A company; and ii. A person (other than a company), to whom the provisions of section 44AB of the Income-Tax Act 1961 are applicable. As […]
Implementation of the Companies Act, 2013-ICAI Role – Another important emergent area of national and professional importance on which we are focusing our attention is the implementation of certain crucial provisions of the Companies Act, 2013. In this regard, I would like to apprise you of the following important developments:
Establishment of Jan Lokpal The Central Government, in exercise of powers conferred by sub-section (1) read with clause (b) of sub-section (2) of section 59 of the Lokpal and Lokayuktas Act, 2013, notified the Search Committee (Constitution, Terms and Conditions of appointment of members and the manner of selection of Panel of Names for appointment […]
Union Home Minister & Tourism Minister launch landmark Tourist Visa on Arrival Enabled with Electronic Travel Authorization Scheme Union Home Minister Shri Rajnath Singh, along with Dr. Mahesh Sharma, Minister of State (I/C), Tourism & Culture and Minister of State for Civil Aviation, launched the Tourist Visa on Arrival (TVOA) enabled with Electronic Travel Authorization […]
The following corrective steps have been taken/proposed to be taken to check embezzlement of Government grants by NGOs: i. Funds are released to the NGOs after receipt of recommendation of the State Level Grant-in-Aid Committee, Inspection Reports, Utilization Certificate and Audited Accounts.
