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Empanelment of Internal Auditor in State Trading Corporation

March 15, 2020 1344 Views 0 comment Print

STC invites offers from reputed firms (including LLP) of Chartered Accountants for appointment as Internal Auditors having relevant experience in Audit work at their Head Office at New Delhi and its Branches at various locations in India for the Financial Year 2020-21.

Empanelment of Internal Auditor in MSEDCL

March 15, 2020 4281 Views 0 comment Print

Maharashtra State Electricity Distribution Company Limited a Government of Maharashtra Undertaking, invites Expression of Interest (EoI) for Empanelment as Internal Auditors for the period of three Financial Years 2020-21, 2021-22 and 2022-23 from Chartered Accountant /Cost Accountant firms.

CBHFL Invites Applications for Empanelment as Concurrent Auditors

March 15, 2020 1623 Views 0 comment Print

CBHFL invites application for empanelment as Concurrent Auditors for its Branches at Surat, New Delhi, Bangalore, Indore, Jaipur from Partnership or Proprietorship firm of Chartered Accountant of at least 1 year of vintage or retired officers of Public Sector Banks (PSBs) who retired in Scale III or above and had experience in Branch Management and/or Audit for at least 5 years.

Nidhi Companies to apply to update their as Nidhi Company

March 14, 2020 1242 Views 0 comment Print

In order to make regulatory regime for Nidhi Companies more effective and also to accomplish the objectives of transparency & investor friendliness in corporate environment of the country, the Central Government has recently amended the provisions related to NIDHI under the Companies Act and the Rules (effective from 15.08.2019).

Cabinet approves instalment of 4% additional Dearness Allowance

March 14, 2020 954 Views 0 comment Print

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.01.2020.  There will be an increase of 4 percent over the existing rate of 17 percent of the Basic Pay/Pension, to compensate for price rise.

Govt brings masks and hand sanitizers under Essential Commodities Act

March 13, 2020 1506 Views 0 comment Print

In view the ongoing outbreak of COVID-19 (Corona Virus) and concern of the logistics for COVID-19 management particularly during last couple of weeks and that masks (2 ply & 3 ply surgical masks, N95 masks) and hand sanitizers have been noted to be either not available with most of the vendors in the market or are available with great difficulty at exorbitant prices, Government has notified an Order under the Essential Commodities Act to declare these items as Essential Commodities up to 30th June, 2020 by amending the Schedule of the Essential Commodities Act, 1955.

ICAI to review general purpose financial statements of Yes Bank

March 13, 2020 891 Views 0 comment Print

In view of the recent media reports as regards certain systemic issues with respect to Yes Bank, Financial Reporting Review Board (FRRB) of the Institute of Chartered Accountants of India (ICAI) has decided to take up the review of general purpose financial statements of Yes Bank for Financial Year 2017 – 18 and 2018 – 19.

CBI Arrests Two Income Tax Officials And A CA In A Bribery Case

March 13, 2020 2241 Views 0 comment Print

The Central Bureau of Investigation has arrested an Income Tax Officer; an Inspector, both posted at Nagaur (Rajasthan) and a Chartered Accountant in a bribery case of Rs. 4 lakh.

Mere B.Com cannot be registered as valuer for asset class of “Securities or Financial Assets”

March 13, 2020 3339 Views 0 comment Print

The application for registration as valuer of the applicant was received by the Authority only on 19th March 2019. There can be no doubt that the applicant must satisfy the eligibility conditions in accordance with the relevant laws prevalent at the time of grant of registration. When the application of the applicant was received by […]

PAN-Aadhaar Linking Possible after 31st March 2020

March 12, 2020 2400 Views 0 comment Print

According to the income tax department, PAN and aadhaar linking is possible even after 31st March 2020. Though there’s a twist here, this linking is possible on condition that the PAN will remain inoperative post the deadline till the date they link the 2 cards. New notification The central board of direct tax has issued a new notification […]

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