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L&T Finance awaiting SEBI nod for IPO

October 22, 2010 435 Views 0 comment Print

L&T Finance Holdings today said it is awaiting the nod of the market regulator Securities and Exchange Board of India for its initial public offering to raise Rs 1,500 crore.

Emaar MGF dismisses charges related to irregularities in construction of Commonwealth Games Village

October 22, 2010 456 Views 0 comment Print

Facing the threat of confiscation of its Rs 183 crore bank guarantee for alleged irregularities in the construction of Commonwealth Games Village, the builder Emaar MGF today dismissed all charges against it saying all quality standards were met.

Jaipur Firm surrenders Rs.7.35 crore for taxation

October 22, 2010 384 Views 0 comment Print

A handicraft, jewellery and carpet export firm here today surrendered an undisclosed income of Rs 7.35 crore for taxation following survey by the Income Tax department, IT sources said.

Three Months Residential Programme for PCC/IPCC/PE-II Students/ Newly Qualified Chartered Accountants

October 22, 2010 609 Views 0 comment Print

Three Months Residential Programme on Professional Skills and Development has been initiated by Board of Studies, ICAI for the benefit of Chartered Accountancy Students and newly qualified Chartered Accountants. All the students who have passed PCC/I

Announcement – Availability of CPT-December 2010 PP Mode Application Form – (20-10-2010)

October 22, 2010 552 Views 0 comment Print

The application form for admission to Common Proficiency Test – December 2010 (Paper-Pencil Mode) is available in all the Regional and all Branch Offices of the Institute.

ICAI Constitutes Group to consider various concessions to the Physically Challenged CAs vis-à-vis the Openings available

October 22, 2010 444 Views 0 comment Print

The President, in terms of the authority given to him by the Council at its 293rd meeting held on 12th February, 2010, has constituted a Group to consider and prepare a draft paper on the various concessions that one can have for physically challenge

Non-Receipt of CA Students’ Journal – “The Chartered Accountant Student”

October 22, 2010 7334 Views 28 comments Print

This is for the attention of students of the Institute who fail to receive the CA Students’ Journal – “The Chartered Accountant Student” dispatched to them either due to the non-intimation of their change of address or pos tal problems. The students

Direct Taxes Committee of the ICAI invites suggestions for the Pre-Budget Memorandum-2011

October 20, 2010 498 Views 0 comment Print

Since Direct Taxes Code Bill, 2010 has already been introduced in the Parliament, it is, expected that the Finance Bill to be introduced in February, 2011 would not make significant policy changes at this stage.

No Move to Change the Financial Year or for Merger of the Railway Budget with the Union Budget

October 20, 2010 327 Views 0 comment Print

With reference to a news item appearing in a certain section of the print media today, it is clarified that there is no move in the Ministry of Finance, Government of India for any change of financial year from April – March to January – December or

Companies Bill 2009-Independent director’s short tenure a constraint in building a relationship of trust

October 20, 2010 579 Views 0 comment Print

The Companies Bill 2009 has dealt with independent directors quite extensively. The Standing Committee has spent significant time on issues relating to independent directors as evident from the report of the Committee. This shows the criticality of the effectiveness of independent directors in corporate governance.

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