Follow Us:

News

Guidelines For Mandatory Training of CMA

April 1, 2021 1317 Views 0 comment Print

Guidelines For Mandatory Training For All Members of The Institute Under Continuing Education Programme. The objective of Continuing Education Programme is to assist the members in widening their knowledge base and in improving their skills to be at the cutting edge of technology by providing training and expertise in critical areas.

Criteria for classification of Non-company entities for AS applicability

April 1, 2021 146745 Views 1 comment Print

The Council, at its 400th meeting, held on March 18-19, 2021, considered the matter relating to applicability of Accounting Standards issued by The Institute of Chartered Accountants of India (ICAI), to Non-company entities (Enterprises). The scheme for applicability of Accounting Standards to Non-company entities shall come into effect in respect of accounting periods commencing on or after April 1, 2020.

Temporary Exceptions to Hedge Accounting for Derivative Contracts

April 1, 2021 1104 Views 0 comment Print

Announcement providing Temporary Exceptions to Hedge Accounting prescribed under Guidance Note on Accounting for Derivative Contracts due to Interest Rate Benchmark Reform

ICAI President’s Message – April 2021

April 1, 2021 1689 Views 0 comment Print

ICAI is working relentlessly to develop the culture of accurate and reliable non-financial reporting, develop reporting metrics for Sustainable Development Goals (SDGs), benchmarking sustainability disclosures, strengthening assurance frameworks for nonfinancial information, and capacity building of the profession.

Competition Commission of India (CCI) – March – 2021 Updates

April 1, 2021 1818 Views 0 comment Print

PRESS RELEASE 1 PRESS RELEASE No. 66/2020-21 – 17.03.2021 CCI issues order against three suppliers for rigging bids in tender floated by Pune Zilla Parishad for procurement of Picofall-cum-Sewing Machine The Competition Commission of India (CCI) has found an agreement between three suppliers, to rig the bids in respect of a tender floated by Pune […]

Mandatory use of HSN/SAC on GST invoices w.e.f. 1.4.2021

March 31, 2021 68022 Views 6 comments Print

With effect from the 1st April, 2021, it has been made mandatory for a GST taxpayer, having turnover of more than Rs 5 crore in the preceding financial year, to furnish 6 digits HSN Code (Harmonised System of Nomenclature Code), or as the case may be, SAC (Service Accounting Code) on the invoices issued for supplies of taxable goods and services.

Filing of Annual Secretarial Compliance Report In XBRL Mode By Companies

March 31, 2021 9147 Views 0 comment Print

It has been decided that filings in respect of Annual Secretarial compliance report should be filed by all listed companies, through XBRL mode in addition to the filing in PDF mode.

Panel of Insolvency Professionals for appointment as Administrator

March 31, 2021 1248 Views 0 comment Print

Panel of IPs prepared in accordance with ‘Guidelines for Appointment of IPs as Administrators under the SEBI (Appointment of Administrator and Procedure for Refunding to the Investors) Regulations, 2018 for appointment as Administrator for a period from April 1, 2021 to September 30, 2021.

Emergency Credit Line Guarantee Scheme 1.0 & 2.0 extended upto 30.6.2021

March 31, 2021 1098 Views 0 comment Print

ECLGS 3.0 would involve extension of credit of upto 40% of total credit outstanding across all lending institutions as on 29.02.2020. The tenor of loans granted under ECLGS 3.0 shall be 6 years including moratorium period of 2 years.

Standard products on Fire and Allied perils insurance business

March 31, 2021 699 Views 0 comment Print

On 4th January, 2021, the Authority had announced the launch of the following three standard products by all general insurers carrying on the business of Fire and Allied perils insurance business, with effect from 1st April, 2021

Search Post by Date
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930