Community & General News
FM Nirmala Sitharaman states urgency of taxing digital economy companies
10 June 2019 at 11:40Smt. Nirmala Sitharaman, Union Minister of Finance & Corporate Affairs, Government of India, participated in the G20 Finance Ministers and Central Bank Governors meeting and associated events during June 8-9, 2019 at Fukuoka, Japan.
RBI waives RTGS/NEFT charges to encourage digital funds
07 June 2019 at 11:23Review of Charges for RBI-operated Payment SystemsThe Reserve Bank levies minimum charges on banks for transactions routed through its Real Time Gross Settlement System (RTGS) meant for large-value instantaneous fund transfers and the National Electr
RBI cuts repo rate to 5.75% making it lowest since 2010
07 June 2019 at 11:23RBI/2018-19/199DBR.No.Ret.BC.44/12.01.001/2018-19June 06, 2019The Chairperson / CEOs of all Scheduled and Non Scheduled BanksDear Sir / Madam,Change in Bank RatePlease refer to our circular DBR.No.Ret.BC.33/12.01.001/2018-19 dated April 04, 2019 on t
Draft Copyright Amendment Rules 2019 released
04 June 2019 at 12:13In order to ensure smooth and flawless compliance of Copyright Act in the light of technological advancement in digital era and to bring them in parity with other relevant legislations, the Department for Promotion of Industry and Internal Trade, Gov
RBI bans SR Batliboi for one year from audit of commercial banks
04 June 2019 at 12:13Enforcement action in respect of statutory auditors of commercial banksRBI vide its Press Release dated June 29, 2018 had put in place an enforcement action framework in respect of statutory auditors for the lapses in the statutory audit of commercia
ICAI President's emphasises on role of technology in CA Profession in his message
31 May 2019 at 18:00My dear Professional Colleagues, Bound by inherent integrity and transparency, and ICAI�s Code of Ethics, auditors of our country have been imparting credibility to the financial statements. ICAI inspires them to deliver quality in their profil
ICAI UDIN generation cross 1 million
30 May 2019 at 10:38UDIN already implementedAs you are already aware that the full time practicing Chartered Accountants have to mandatory generate UDIN for the documents certified/ issued by them. As per the mandate schedule of ICAI, UDIN was made mandatory for all cer
New Rs 20 notes introduced by RBI
29 April 2019 at 12:02The Reserve Bank of India will shortly issue ₹ 20 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Shri Shaktikanta Das, Governor, Reserve Bank of India. The new denomination has motif of Ellora Caves on the reverse, de
Ombudsman scheme for NBFCs, 2018
29 April 2019 at 12:02Ref. CEPD. PRS. No.4535/13.01.004/2018-19April 26, 2019The Reserve Bank of India (RBI) had vide Notification Ref.CEPD.PRS.No.3590/13.01.004/2017-18 dated February 23, 2018, implemented the Ombudsman Scheme for Non-Banking Financial Companies (NBFCs)
Empanelment with the O/o C&AG of India for the year 2019-2020
27 April 2019 at 12:59The Provisional Panel of Chartered Accountant firms/LLPs for the year 2019-20 for indicating the position (along with provisional point score) of the firms who had applied for empanelment with the Office of the C&AG of India for appointment as au
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