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Exposure draft of ASLB 23, 'Revenue from Non-Exchange Transactions (Taxes and Transfers)
17 August 2018 at 11:27The Committee on Accounting Standards for Local Bodies (CASLB) has been formulating Accounting Standards for Local Bodies (ASLBs) since March, 2005. So far, the Committee has issued fifteen ASLBs. Moving forward in this
Results Declared for CFA Level 1 and Level 2 June 18 Exams
14 August 2018 at 19:20CFA Institute has released results for CFA Level 1 and Level 2 June 2018 exams has been declared. You can easily access the results for Level 1 and Level 2 on the www.cfainstitute.org or at https://examresult.cfainstitute.org/CFA Candidates are advis
ICAI issues election code of conduct for members
13 August 2018 at 10:51ELECTION 2018No. 54-EL(1)/2/2018 10th August, 2018To,The Chairperson/Chairmen of All Regional Councils/BranchesMadam/Dear Sir,Sub: Publication of Newsletters and the like, in any form, vis-a-vis Election Code of Conduct. As you may be aware, the n
Data related to GST Compensation to states
11 August 2018 at 17:48Government has compensated to the States/UTs for the reported revenue deficit on account of implementation of Goods and Services Tax (GST). As per provisions in Section 7 of the GST (Compensation to States) Act, 2017 loss of revenue to the States on
SEBI issues guidelines to Control Black Money in Share Market
11 August 2018 at 17:48Securities and Exchange Board of India (SEBI), vide circular dated April 27, 2007, has mandated that PAN would be the sole identification number for all participants transacting in the securities market, irrespective of the amount of transaction.Sche
Simplified filing of GST Returns
11 August 2018 at 17:48The Goods and Services Tax Council has simplified the return filing process for small businesses. The GST Council, in its 28th meeting held on 21st July, 2018 in New Delhi, in principle approved the new return formats and associated changes in law f
Cabinet approves MoU between ICAI and CPA Canada
10 August 2018 at 10:55Cabinet 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
SFIO arrests MD of Bhusan Steel in connection with Investigation into affairs of the Company
10 August 2018 at 10:55Serious Fraud Investigation Office (SFIO) arrests Mr. Neeraj Singhal in connection with investigation into the affairs of Bhushan Group of CompaniesMr. Neeraj Singhal, erstwhile Promoter and Managing Director of Bhushan Steel Limited was arrested by
Postponement of First Examination of Practical Training
09 August 2018 at 17:12The 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
Awards for CAs associated with SMEs by ICAI
09 August 2018 at 10:57The 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,
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