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Special Placement Programme through Video Conferencing Mode for Organizations functioning in Gulf Council Countries (GCC

October 29, 2010 387 Views 0 comment Print

The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949 (Act No XXXVIII of 1949) for the regulation of the profession of Chartered Accountants in India. During its 61 years of e

Reminder to CA students Appearing in November 2010 regarding Exam Timings

October 28, 2010 426 Views 0 comment Print

Students appearing in the next Professional Competence Examination (PCE), Integrated Professional Competence Examination (IPCE), Final and Post Qualification Courses(MAC, IRM and ITL & WTO) Examinations of the Institute to be held from 8th November-

ICAI President's Message – November 2010 – (27-10-2010)

October 28, 2010 696 Views 0 comment Print

ICAI Vice-President CA. G. Ramaswamy with the Director, Board of Studies, Shri Vijay Kapur was in Moscow recently as part of the MCA delegation led by the MCA Secretary Shri R. Bandyopadhyay. Other members of the Indian delegation were ICWAI Preside

Contribution to the Question Bank of Common Proficiency Test (CPT)

October 28, 2010 747 Views 0 comment Print

The Common Proficiency Test (CPT) is an entry level test meant for 10+2 students to the Chartered Accountancy Profession having multiple choice objective questions. The level of knowledge expected is basic knowledge with the objective to develop conc

SEBI to hear auditors' role afresh from Nov 3 in Satyam case

October 28, 2010 660 Views 0 comment Print

The Securities and Exchange Board of India will, in November, hear afresh the case relating to the role of audit firm Price Waterhouse in the multi-crore Satyam fraud. The capital market regulator (which has been investigating the case for more than

HC defers Vodafone tax hearing to Nov 23

October 28, 2010 381 Views 0 comment Print

The Bombay High Court on Wednesday deferred to Nov 23 a hearing of Vodafone’s petition against a move by Indian tax office to treat it as an agent of the seller in its 2007 acquisition of Hutchison Whampoa’s mobile business in India, a spokesman for

SEBI to tighten disclosure norms for related companies

October 28, 2010 348 Views 0 comment Print

Market regulator SEBI on Tuesday indicated that it could tighten the disclosure norms for transactions between related companies. “There is a scope for improvement…,” SEBI Chief C.B. Bhave said when asked if the measures taken by SEBI so far with r

International Financial Reporting Standards (IFRS) norms may be diluted before rollout

October 28, 2010 520 Views 0 comment Print

With less than six months to go before the nation moves towards a globally-recognised accounting system, the government plans to dilute some key provisions relating to foreign exchange differences and overseas borrowings which will make global invest

Exit from stimulus to be gradual- Finance minister Pranab Mukherjee

October 28, 2010 444 Views 0 comment Print

Expecting the country’s growth rate to strengthen further in the coming months, finance minister Pranab Mukherjee on Tuesday said the government would gradually withdraw fiscal stimulus measures undertaken since October 2008 to combat the adverse imp

Indirect tax collection may exceed target

October 28, 2010 414 Views 0 comment Print

The finance ministry expects to overshoot its indirect tax collection target by Rs 15,000 crore. For 2010-11, the government had set an indirect tax collection target of Rs 315,000 crore. “We may exceed our original target…It (indirect tax mop-up) co

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