CAclubindia News

Performance of Competition Commission of India

08 December 2011 at 22:30

Competition Commission of India has been established with the objective to eliminate practice having adverse effect on competition, promote and sustain competition, protect the interest of consumers and ensure freedom of trade carried on or by oth

Posted in Corporate Law | 3336 Views

New Law for Societies Registration Act

08 December 2011 at 22:30

Non-corporate business entities and Societies are governed by the Law under which they are registered or incorporate. Each such law has suitable provisions concerning disclosure and accountability etc. The Societies Registration Act, 1860 throug

Posted in Corporate Law | 3762 Views

CAG of India Takes Over as Chairman of UN Panel of External Auditors

08 December 2011 at 16:31

Comptroller & Auditor General of India (CAG), Shri Vinod Rai has been elected as the Chairman of the Panel of External Auditors of the United Nations, the Specialized Agencies and the International Atomic Energy Agency. He succeeds Mr.Norbert Ha

Posted in Audit | 6429 Views

Severe Punishment Awarded to Two of The Satyam Audit Team Members by ICAI

08 December 2011 at 10:32

The Disciplinary Committee of The Institute of Chartered Accountants of India(ICAI) has completed its enquiry in the matter of two of the employee Chartered Accountants, namely, CA. Pulavarthi Siva Prasad for the period 1.4.2001 -31.3.2005 and CA.

Posted in Others | 10248 Views

e-Filing in F.Y 2011-12: Quick Statistics (as on 30th November 2011)

08 December 2011 at 10:22

QUICK HIGHLIGHTS OF E-FILING IN F.Y. 2011-12 (UPTO 30/11/2011) COMPARATIVE GROWTH OF E-FILING IN CURRENT YEAR FORM WISE RECEIPT OF E-RETURNS UPTO 30th NOVEMBER S.N.

Posted in Income Tax | 2 comments | 6018 Views

Icai proposes upgrades for accounting norms

08 December 2011 at 10:15

The Icai has sought comments from the public on an exposure draft by 20 December With the ministry of corporate affairs (MCA) not moving ahead on implementing global accounting standards in India, the country’s apex accounting body is prop

Posted in Accounts | 6777 Views

Comittee for National Competition Policy formed

07 December 2011 at 18:12

Government has constituted a Committee for drafting the National Competition Policy with a view to achieve highest sustainable levels of economic growth, entrepreneurship, employment, higher standards of living for citizens, protect economic right

Posted in Corporate Law | 2760 Views

Statutory Status for Serious Fraud Investigation Office

07 December 2011 at 18:12

The provision in respect of statutory status to Serious Fraud Investigation Office has been proposed in the revised Companies Bill 2011 to be introduced in the ongoing session of the Parliament.

Posted in Corporate Law | 4188 Views

CWA - President Communique December, 2011

07 December 2011 at 17:13

The raging topic in the global economic forum is the sovereign debt crisis which is being faced by the European union. The stronger economies in that region are trying to salvage the situation by various interim as well as long-term measures.

Posted in Others | 3465 Views

CBDT has shared details of 18 individuals found to have stashed illegal funds abroad in LGT bank accounts

06 December 2011 at 13:16

No.402/92/2006-MC (29 of 2011) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi, the 5th December 2011 It has been reported in some sections of the press that the Central Board of Direct

Posted in Income Tax | 6786 Views