Direct tax collections increase 3.27% in first four months of fiscalNet direct tax collections during first four months of the present fiscal (up to July 2009) stood at Rs.73,990 crore, up from Rs.71,648 crore in the same period last fiscal, register
The Government of India, in consultation with the Reserve Bank of India, has decided to issue a new short-term instrument, known as Cash Management Bills, to meet the temporary cash flow mismatches of the Government. The Cash Management Bills will be
Extension of PE-II Examination by two more attempts i.e. November, 2009 and May, 2010BOS/Announcement/227/09 August 10, 2009 An Important Announcement for Students of Professional Education Examination- II – Extension of PE-II Examination by t
Criteria for allocation of Statutory Auditors of RRBsI New firms to be empanelled from the list of audit firms whose Chartered Accountants should have Diploma in Information and System Accounting (DISA) qualification. II Selection for new audit
Stock Exchange for Small and Medium EnterprisesSecurities and Exchange Board of India (SEBI) which recognises and regulates Stock Exchanges, has decided to facilitate the setting up of separate stock exchanges or a platform in the existing stock exch
Section 7 of the Chartered Accountants Act 1949 empowers only a person who has been enrolled as a member of the Institute of Chartered Accountants of India to use the designation of Chartered Accountant along with his name. In other words, it is cla
Joint meeting of the Core Group and the two sub-groups on the implementation challenges with regard to convergence of Indian Accounting Standards with IFRS expresses confidence in the issuance of the roadmap at an early date for convergence to enable
The Results of the Chartered Accountants Final and Final (New Course) Examinations, held in June, 2009 are likely to be declared on Thursday, the 13th August, 2009 around 2:00 PM The results of the Chartered Accountants Final and Final (New Course)
Fee structure for inspection of mutual funds, from the year 2008-09: Sl. No. Category AUM Fees (in Rs.) 01 A
Policy adopted in respect of Merger of Firms in allocation of bank branch statutory auditors for the year 2008-09Firms A & Co, B& Co. merge in C & Co during the year(a) All three firms are empanelled in bank branch auditors panel and a