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Last Date of Registration for Post Qualification Course in Diploma in Insurance and Risk Management for November, 2012 Technical Examination

January 13, 2012 2718 Views 0 comment Print

The Post Qualification Course in ‘Diploma in Insurance and Risk Management (DIRM) of ICAI is intended to equip the members of the Institute to become Insurance and Risk Management professionals and Insurance consultants. The DIRM Course is tailor-made for CAs who wish to emerge as preferred professional in the insurance sector. The contemporary and comprehensive course material of the DIRM Course provides inputs required to comprehend the nitty-gritty of the insurance industry.

Delhi HC to Facebook, Google – Remove obscene content or face blocking as blocked in China

January 12, 2012 1253 Views 0 comment Print

The Delhi High Court warned social networking site Facebook India and search engine Google India that websites can be ‘blocked’ like in China if they fail to devise a mechanism to check and remove objectionable material from their web pages. ‘Like China, we will block all such websites,’ Justice Suresh Kait said while asking counsel for Facebook and Google India to develop a mechanism to keep a check and remove “offensive and objectionable” material from their web pages.

ICAI – Procedure for Providing Inspection or Certified Copies of Evaluated Answer Books

January 12, 2012 5842 Views 0 comment Print

Procedure for providing inspection/certified copies of evaluated answer-books to the concerned examinees 1. The procedure laid down hereinafter specifically applies to providing inspection/certified copies of answer books relating to November 2011 examinations and onwards only. 2. An application by an examinee seeking inspection of his/her evaluated answer books and/or certified copies thereof is independent of and distinct from an application made by him/her for verification of marks under the existing Regulation 39(4) of the Chartered Accountants Regulations, 1988 for which a process/procedure is already in place. For details visit www.icai.org

Status of various Bills Presented in Parliament or pending to be present

January 12, 2012 1433 Views 0 comment Print

On December 30, 2011, Shri Pawan Kumar Bansal, the Minister for Parliamentary Affairs spoke to the media and gave a detailed account of the Bills that were passed in one or both the Houses and the Bills that are pending for consideration. Of these, only the Lokpal and Lokayuktas Bill and the Whistle Blowers were passed by the Lok Sabha and are now before the Rajya Sabha. One Bill has been reported by the Standing Committee and other Bills are with the Standing Committee.

Performance of CBI in 2011

January 12, 2012 889 Views 0 comment Print

The year 2011 was marked by complex, specialized, high profile investigations conducted by the Central Bureau of Investigation, to probe corruption and crime. The Bureau’s investigations made national headlines in several cases, such as, the 2G Spectrum investigation; Bellary illegal mining Case, Bhanwari Devi abduction and murder case, Commonwealth Games related investigations, alleged irregularities in the implementation of National Rural Health Mission in Uttar Pradesh and alleged corruption in Mumbai’s Adarsh Housing Society case, among several others.

Comments/Suggestions for future XBRL Implementation

January 12, 2012 642 Views 0 comment Print

The Ministry of Corporate Affairs has formed a committee to develop the roadmap for future implementation of XBRL. The committee has its Terms of References as under: A. Identification of class of companies and various reports to be filed in XBRL in Phase-wise manner. B. Development of Taxonomies to be used by Corporates for their […]

Finance Minister holds Moderation in Inflation Would Continue in Coming Months

January 12, 2012 414 Views 0 comment Print

The Union Finance Minister Shri Pranab Mukherjee said that he is confident that moderation in inflation would continue in the coming months, though softening in the prices of manufactured goods, despite the rapid decline in non-food primary inflation, may be more gradual.

CBI register case against three custom official for fraudulent clearance of goods

January 12, 2012 1693 Views 0 comment Print

The allegation in brief is that Kuwait based private firm had sent 3 items of electronic goods i.e. one Plasma T.V., a Sound System and Mounting brackets worth Rs.90,727/- in favour of a Lady, resident of Melattoor P.O., Trichur, whose husband was an employee of the above firm. The items were sent to her as gift items on the occasion of her house warming and the said consignment was arrived at Nedumbassery Airport. On receipt of the consignments, the lady preferred a Bill of Entry through Cochin based CHA. On receipt of the Bill of Entry before the Customs authorities at CIAL Nedumbassery, the Assistant Commissioner noted that the imported goods were electronic goods and the value of the same exceeded the exempted limit. He also noted that the import appears to be in violation of Foreign Trade Policy and that the goods were valued at Rs.90,727/- Hence, the same were liable to be confiscated under Customs Act.

Certificate Course on Valuation is scheduled to start at Mumbai, with Fees INR 25000 from 21st-22nd January, 2012. Please Register

January 12, 2012 1192 Views 0 comment Print

Certificate Course on Valuation is scheduled to start at Mumbai, with Fees INR 25000 from 21st -22nd January, 2012. Please Register.

Result of the Information Systems Audit [ISA] Assessment Test held on 24th December, 2011 is likely to be declared tentatively on 18th January, 2012

January 12, 2012 1425 Views 0 comment Print

The result of the Information Systems Audit [ISA] Assessment Test held on 24th December, 2011 is likely to be declared tentatively on 18th January, 2012 around 2.00 PM at the Institute’s office at New Delhi.

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