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SEBI Consultation paper for review of net worth criteria of TM/CM/PCM/DP

September 28, 2021 5025 Views 0 comment Print

The risk management framework of Stock Exchanges / Clearing Corporations (CCs) in India, inter-alia, prescribes a deposit based capital requirement for their trading members (TMs) / clearing members (CMs). Entry level and continuing net worth criteria for market participants has also been prescribed by SEBI from time to time.

PFRDA to Appoint CA/CMA firm as Internal Auditor

September 27, 2021 1830 Views 0 comment Print

Request for Proposal for Appointment of Chartered Accountant/Cost Accountants Firm as Internal Auditor of PFRDA for the F.Y.2021-22. Please Read Corrigendum given at the end first . +-PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY (PFRDA) Request for Proposal for Appointment of Chartered Accountant/Cost Accountants Firm as Internal Auditor of PFRDA for the F.Y.2021-22 PENSION FUND REGULATORY […]

Income Tax Department conducts searches in Maharashtra

September 27, 2021 972 Views 0 comment Print

The Income Tax Department carried out a search and seizure operation on 23.09.2021 on a group of four major Steel Rolling Mills based in Jalna, Maharashtra. These companies are engaged in the business of manufacturing steel TMT bars and billets mostly using steel scrap as raw material. The operation was conducted in more than 32 premises spread across Jalna, Aurangabad, Pune, Mumbai and Kolkata.

NFRA finds deficiencies in Statutory Audit of IL&FS Transportation Networks

September 27, 2021 1638 Views 0 comment Print

The initial appointment of SRBC & Co LLP, and the continuation of SRBC & Co LLP, as statutory auditor of ITNL, was prima facie illegal and void. Nevertheless, NFRA has proceeded to examine compliance by the Audit Firm with the SAs, in their performance of this Engagement, without prejudice to this finding.

CGST & Central Excise officials make arrests in Mumbai

September 27, 2021 774 Views 0 comment Print

An arrest was made by the officers of CGST & Central Excise, Mumbai Central Commissionerate in an ongoing investigation involving receipt and supply of ineligible Input Tax Credit amounting to Rs. 6.46 Crores.

Election 2021: ICAI members staying abroad can update their address before 01.10.2021

September 27, 2021 813 Views 0 comment Print

Members staying abroad have the opportunity to update their current address on or *before 1st October 2021* for the upcoming elections to be held on 3rd & 4th December 2021.

CS Professional/Executive Programme June, 2021 exam results on 13.10.2021

September 27, 2021 2331 Views 0 comment Print

The Result Of Foundation Programme (Old Syllabus), Executive Programme And Professional Programme Examinations Held In December, 2012 Is Scheduled To Be Declared At 11.00 A.M. On 25th February, 2013. The Results Alongwith Individual Candidate’s Subject Wise Break-Up of Marks Will Be Available on the Institute’s Website, www.icsi.edu

Representation for Quick disposal of covered appeals etc. in ITAT

September 27, 2021 5838 Views 0 comment Print

At present appeals are fixed in routine and may take one to two years period even for first hearing. it is humbly submitted that there should be priority disposal of the following categories of cases so that disposal can be fast and pendency can be reduce

India needs 4 -5 more banks like SBI: FM

September 26, 2021 1296 Views 0 comment Print

India needs 4 -5 more banks like SBI to meet changing requirements of the Indian Economy: Nirmala Sitharaman FM says Long Term Future of Indian Banking would be driven by digital processes; Asks IBA to carry out nation-wide digitized mapping of bank branches Sitharaman commends banks for smooth amalgamation Posted On: 26 SEP 2021 : […]

CGST (Eighth Amendment) Rules, 2021

September 26, 2021 3966 Views 0 comment Print

CBIC has notified CGST (Eighth Amendment) Rules, 2021 to amend the existing CGST Rules, 2017, which shall come into force as on the date of its publication in the Official Gazette (except provided otherwise).

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