CAclubindia News

CPE hours requirement for block of 3 years from 1.01.2017

A. All the members (aged less than 60 years) who are holding Certificate of Practice (except all those members who are residing abroad) are required to:a. Complete at least 120 CPE credit hours in a rolling period of three-years.b. Complete minimum 2

Code of ethics for Chartered Accountants by CVC

1CODE OF ETHICS FOR CHARTERED ACCOUNTANTSINTRODUCTIONFinancial statements of an enterprise depict the wholesome financialsituation of the enterprise for a particular period / at a particular date. Theinformation in these statements are of vital impor

Display revised MRP due to reduction of rates of GST

Shri Ram Vilas Paswan grants permission to display revised MRP due to reduction of rates of GST up to 31st December, 2017 On account of implementation of GST w.e.f. 1st July, 2017, there may be instances where the retail sale price of a pre-packaged

IT Dept clarifies role of CAs in nation building

PRESS RELEASEINCOME TAX DEPARTMENT, NASHIK It has come to the notice of the Income Tax Department that certain sections of the print media who covered the 'outreach programme' of the Income Tax Department conducted on 15/11/2017 has wrongly

Moody upgrades Sovereign Credit Rating of India to Baa2 from Baa3

Moody's Investors Service ("Moody's") has upgraded the Government of India's local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive. India’s rating has bee

FAQs on Ethical Issues relating to GST by ICAI

Q1. Whether a member in practice can engage as GST practitioner?A. Yes, a member in practice can engage as GST practitioner , as theactivities to be performed by GST practitioner mentioned in CGSTAct, 2017 read with CGST Rules, 2017 are within the pu

Cabinet approves the establishment of the National Anti profiteering Authority under GST

The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for the creation of the posts of Chairman and Technical Members of the National Anti-profiteering Authority (NAA) under GST, following up immediately on yesterday

GST Rate Changes Come into effect on 178 items

GST Rate Changes Come into effect on 178 items where rate has been brought down from 28% to 18%; Consumers may take note of reduction in Price/MRP on these Goods In the 23rd meeting held on the 10th November, 2017, the GST Council had recommended maj

Locate GST Practitioners on GST portal

Report on Audit Quality Review

AnnouncementReport on Audit Quality Review (2016-17) of the Quality Review Board1. Government of India has, in exercise of the powers conferred under Section 28A of the Chartered Accountants Act, 1949, constituted a Quality Review Board (the �B