To begin with, let me first convey, on behalf of our accounting fraternity, heartiest congratulations to the Hon’ble Shri Sachin Pilot for taking over as new Union Minister of Corporate Affairs (Independent Charge).
Exposure Draft of Amendments to Indian Accounting Standard (Ind AS) 101, First-time Adoption of Indian Accounting Standards (Comments to be received by December 15, 2012)
Campus Placement for Fresher Members & Students The Institute is organizing a Campus Placement for the fresher members for job and for students for 15 Months Training on Saturday , the 1st December 2012 at Alliance College,7th Main, 19th C
The GAAR (General Anti-Avoidance Rule) provisions have not been put on hold. The Finance Act, 2012 had provided that these provisions shall be effective from the 1st day of April, 2014 and apply to Assessment year 2014-15 onwards. One of the rec
Exclusion of certain topics from the Paper 7A of IPCC – Information Technology for May 2013 examination and onwards It has been decided that in IPCC Group II Paper 7A: Information Technology paper, no questions will be asked from the follo
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA Facts on the proposed project of Centre of Excellence at Nagpur This Statement of Facts as regards Centre of Excellence (COE) project at Nagpur is being issued for the general information of member
[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRAORDINARY, DATED THE 23rd Government of India November, 2012] Ministry of Finance Department of Revenue Notification New Delhi, the 23rd (Income-tax) November
Action Against Vanishing Companies Provisions in laws and Rules have been made to ensure that companies function/raise money in a manner which is transparent, accountable and is in accordance with the provisions of the Companies Act and other en
The Government has said that the time taken to register a company has been reduced to 48 hours. Similarly, issue of Director’s Identification Number (DIN) and name availability of company can now be done online within 24 hours. Giving this i
As per extant FDI policy, FDI, up to 26% is permitted, in the defence sector, with prior Government approval. Government has, further, interalia announced the following decisions:- (i) Amendment of certain conditions relating to FDI, up
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