The Institute of Chartered Accountants of India (ICAI) is pleased to welcome all the leading companies to the forthcoming Campus Placement Programme for newly qualified Chartered Accountants. The Committee for Members in Industry (CMII) of the ICAI has been successfully organising placement programme for newly qualified Chartered Accountants (CAs) twice a year.
The Ministry of Corporate Affairs in association with Dun & Bradstreet has released an e-learning programme for Corporate Governance Voluntary Guidelines 2009. While the guidelines are not mandatory, the Government hopes that they will serve as a benchmark for the highest standards in the corporate sector.
In a major embarrassment for the Andhra Pradesh judiciary, five judges were caught cheating while writing the LLM (Master of Law) examination for which they were promptly suspended by the High Court.
Details of persons who had been found guilty of professional misconduct specified in the First Schedule read with Sections 21 & 22 of the Chartered Accountants Act, 1949 (pre-amended) and whose names as members have been removed from the Register of members of ICAI for the period mentioned against each of them in accordance with the decision of the Council of the ICAI taken under sub – section [4] of Section 21 of the Chartered Accountants Act, 1949.
The government is likely to appoint State Bank of India as the clearing bank for the proposed Goods and Services Tax (GST) and National Securities and Depositories Ltd (NSDL) as the clearing corporation for implementing the infrastructure required for inter-state tax administration.
Property statements filed by civil servants are not confidential information and can be disclosed after taking the views of concerned officials as per the provisions of the RTI Act, the Central Information Commission has held. Chief Information Commissioner Wajahat Habibullah rejected the plea of Department of Personnel and Training that these records were held “in confidence” by the government and are hence exempted from disclosure.
In a move that could leave more money in the hands of people, the Government on Thursday proposed to raise exemption limit on income tax from the present Rs 1.6 lakh to Rs 2 lakh. The Cabinet approved the much-awaited Direct Taxes Code (DTC) Bill, which is likely to be tabled in Parliament during the ongoing Monsoon session and thereafter it may be referred to standing committee.
Proposal for amendment of RTI Act is under consideration in the Ministry of Personnel, Public Grievances & Pensions. The proposal under consideration includes, inter-alia, amendment to enlarge the scope of suo-motu disclosure, to discourage frivolous or vexatious representations,
The Minister of Corporate Affairs has said that whenever any case of a company found violating the provisions of Section 383A of the Companies Act, 1956 comes to the notice, Show Cause Notices are issued to the company and defaulting directors. Giving this information in written reply to a question in the Lok Sabha today,
The Public Interest Disclosure and Protection to Persons making the Disclosure Bill, 2010, was tabled in the Lok Sabha today by Sh. Prithviraj Chavan, Minister of State for Personnel, Public Grievances and Pensions. The Bill is a stand alone legislation to, inter-alia, provide-
