Cabinet approves signing of MoU between India and Canada on collaboration among Chartered Accountant InstitutionsThe Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the signing of the "Memorandum of Understanding (MoU)&qu
The Council has decided to assess students after completion of first and second year of practical training with online MCQ based tests. The students completing their 1st/ 2nd year of practical training in a particular quarter of a year would be eligi
The Institute of Chartered Accountants of India (ICAI), established 70 years ago, by an Act of the Indian Parliament, continues its operation as the Single Largest Statutory Accounting body of the world. ICAI stands on Four Pillars – Regulator,
With regard to Statutory Audit, Reserve Bank of India (RBI) has informed that it has issued Guidelines for appointment of Statutory Central Auditors (SCAs) and Statutory Branch Auditors in Public Sector Banks (PSBs), which covers the norms on eligibi
Income Tax Notices have been issued by the Income Tax Department and the Enforcement Directorate. In respect of Income Tax Department, assesses including, non-resident assesses are served notices/summons consequent to the initiation of various procee
Appropriate action by the Income-tax Department (ITD) and other Law Enforcement Agencies has been taken against those involved in the misuse of the Scheme of Demonetization.Such actions by the Income-tax Department included among others, conducting s
SFIO investigating 21 cases in 2017-18;RoCs and RDs assigned 119 cases to investigate in 2017-18;Various Courts levy penalty of Rs 5,90,909 in last three years in casesUnion Minister of State for Law & Justice and Corporate Affairs Shri P.P. Chau
Centralised Scrutiny and Prosecution Mechanism sends notice to 272 companies on CSR compliance for FY 2015-16Union Minister of State for Law & Justice and Corporate Affairs Shri P.P. Chaudhary said in Rajya Sabha today that the Ministry has estab
The group of state finance ministers headed by MoS Finance Mr. Shiv Pratap Shukla will help provide speedy solutions to the problems faced by the MSMEs: Rashesh Shah, President, FICCI NEW DELHI, 6 August 2018: FICCI welcomes the initiative taken by t
Announcement for the Students of Intermediate level for Paper 1: Accounting Chapters 1, 2 and 6 of the Intermediate Paper 1 Accounting Study Material have been revised in line with the Companies (Accounting Standards) Amendment Rules, 2016 and upload
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