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Displaying News 1 - 10 of 5234 in 524 pages


ICAI welcomes amendment related to fraud reporting in Companies Bill 2014

On 19 December 2014 at 10:41

The Companies Act, 2013 had specified a new reporting requirement for the statutory auditors of companies. Under Section 143(12) of the Companies Act, 2013 the auditor was required to report on frauds/ suspected frauds in certain situations laid down...

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Posted in Corporate Law | 1 comments | 3163 hits


Lok Sabha passes Companies (Amendment) Bill 2014

On 18 December 2014 at 11:42

Lok Shabha passes Companies (Amendment) Bill 2014

Posted in Others | 1 comments | 4517 hits


Launch of 100 Hours Advanced ITT Course

On 18 December 2014 at 11:29

As per Regulation 29(c)(iv) of the Chartered Accountants Regulation 1988, students who have registered for Practical Training on or after August 1st, 2012 were required to complete Advanced IT Training before admission to the Final Examinati...

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Posted in Students | 8 comments | 3853 hits


Illustrative Audit Engagement Letter under Companies Act, 2013

On 18 December 2014 at 11:29

FOR THE ATTENTION OF THE MEMBERS ILLUSTRATIVE FORMATS OF THE ENGAGEMENT LETTER FOR AUDIT OF FINANCIAL STATEMENTS UNDER THE COMPANIES ACT, 2013 AND THE RULES THEREUNDER The Auditing and Assurance Standards Board is issuing the ...

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Posted in Corporate Law | 1 comments | 3228 hits


Percentage of Govt Grant for considering university, hospital as substantially financed by the Government

On 17 December 2014 at 10:19

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SEC. 3, SUBSECTION(ii)]MINISTRY OF FINANCEDEPARTMENT OF REVENUE(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONINCOME-TAXNew Delhi, the 12th December, 2014 S.O. 3168 (E). In exercis...

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Posted in Income Tax | 0 comments | 2684 hits


Relief to Members of J & K for payment of Membership/COP

On 17 December 2014 at 10:19

The Council, having regard to the devastating flood in the state of Jammu & Kashmir in the month of September, 2014, has decided that the membership fee and Certificate of Practice fee for the year 2014-15 in respect of members residing in the St...

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Posted in Others | 1 comments | 2131 hits


Promotion of MDP Firms

On 17 December 2014 at 10:18

The Institute of Chartered Accountants of India (ICAI), The Institute of Company Secretaries of India (ICSI) and The Institute of Cost Accountants of India (ICoAI) have had inconclusive deliberations regarding a framework for allowing Multi-Disciplin...

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Posted in Others | 1 comments | 1936 hits


EPFO moves to Accrual Accounting

On 16 December 2014 at 11:23

The Institute of Chartered Accountants of India (ICAI) through its research arm, ICAI Accounting Research Foundation (ICAI ARF) signed an MoU with Employee's Provident Fund Organisation (EPFO) on December 11, 2014. As per the MoU, ICAI ARF will u...

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Posted in Others | 0 comments | 2942 hits


Ten Crore Aadhaars Linked to Bank Accounts

On 16 December 2014 at 11:22

A major milestone has been crossed with ten (10) crore Aadhaar numbers having been linked to bank accounts of Aadhaar holders so far a part of Governments Digital India mission. This would enable these individuals to digitally receive governme...

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Posted in Others | 4 comments | 3653 hits


Extension of RTGS time window to 8 pm

On 16 December 2014 at 11:22

RBI/201415/352DPSS (CO) RTGS No. 1064 / 04.04.002 / 2014-15December 15, 2014The Chairman / Managing Director / ChiefExecutive Officer of participants of RTGSMadam / Sir,Extension of RTGS time windowIt has been the endeavour of the Reserve Bank...

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Posted in Others | 5 comments | 4472 hits









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Updated on : 20/12/2014 04:12:00



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