The Ministry of Corporate Affairs has received complaints against 3, 65 and 19 companies during 2010-11, 2011-12 and 2012-13 (up to 31-10-2012) respectively which are doing business of money circulation schemes with the promise of giving high retu
Government has said that the Ponzi and Multi-Level Marketing (MLM) schemes fall within the purview of ‘Money Circulation’ which is an offence under the Prize Chits and Money Circulation Schemes (Banning) Act, 1978. That Act is administ
The suggestions made by Securities and Exchange Board of India (SEBI), through Ministry of Finance, during drafting of the Companies Bill, 2011, with regard to issues relating to regulatory harmony, were duly considered and incorporated therein. G
The Ministry of Finance has issued the following statement regarding the estimates released today by the Central Statistics Office (CSO) for the second quarter of GDP for 2012-13 today: Central Statistics Office (CSO) released the estimates for
The Insurance Regulatory and Development Authority (IRDA) has informed that in India, foreign companies can only form joint ventures with Indian companies. The list of the approved private life insurance companies operating in India and details of
ICAI e-Journal (December 2012)
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
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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