ESIC has embarked upon a major computerization program called “Project Panchdeep”. Employers will be able to make all statutory compliances like registration of employees, payment of ESIC dues and submission of statements online. This facility has al
The Committee on International Taxation is in the process of identifying issues that need to be taken up in the Pre-Budget Memorandum on International Taxation – 2011 to be submitted to the Ministry of Finance. The Committee invites suggestions on I
The Council of the Institute had recently considered the draft Report on Operation of Multinational Network Accounting Firms in India, which inter alia, was based on examination of documents/details provided by many CA firms registered with ICAI and
The Institute of Chartered Accountants of India [ICAI] today signed an MoU with Corporation Bank, a premier public sector bank. This MoU will offer a specially designed scheme (Corp CA) to cater to various financial needs of Chartered Accountants. Sh
It has been brought to our knowledge that certain SMSs/e-mail chains have been generated claiming that the Institute has changed the passing requirements of its various examinations w.e.f. November, 2010 examinations. It may be clarified that the sa
The Committee has taken a major initiative to arrange financial assistance to all members in practice / firms in the form of specially designed loan scheme through Corporation Bank. Through the scheme, eligible Chartered Accountants can avail finance
Several crores of unclaimed and un-refunded money belonging to consumers have been lying with various Central and state government departments, undertakings, financial and banking institutions for almost 10 years, according to a petition filed in the
This article summarizes the Discussion Paper (DP) released on 28 September 2010 on ’Foreign Direct Investment in Limited Liability Partnerships’ issued by the Department of Industrial Policy & Promotion (DIPP) of the Government of India (GoI). Even t
The Finance Minister Shri Pranab Mukherjee today held a meeting with the Regulators and officials of Ministry of Finance on the creation of Financial Stability & Development Council (FSDC). The discussion paper had been earlier circulated by the Mini
Union Finance Minister, Shri Pranab Mukherjee has said that development of adequate and quality infrastructure is a major priority for Government to achieve sustainable and inclusive economic growth and make India a globally competitive economy. Shri
