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ICMAI Newly Elected President and Vice President for the year 2020-21

About the President CMA Biswarup Basu has been elected as President of the Institute for the period 2020-2021. CMA Biswarup Basu is a Fellow Member of the Institute of Cost Accountants of India and an alumnus of South Point High School, Kolkata. He started his Professional career in 1985 as Management Trainee in a Multinational Company of repute and thereafter joined Bharat Coking Coal Limited in 1988 as Finance Officer. Subsequently he joined a wholly owned company of Government ..

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UDIN ICAI(Unique Document Identification Number) System

Update: UDIN generation in bulk for Certificates is now available on UDIN Portal. Using this facility now the members will be able to generate UDIN in bulk (uptil 300) in one go. The complete System of UDIN (Unique Document Identification Number) is designed and developed for ICAI by New Delhi Based Software Company Binarysoft Technologies. The system of Unique Document Identification Number has been launched as it was being noticed that financial documents and certificates were bein..

Posted in articles |   1 comments |   4955 Views


How Can An MBA in Digital Finance And Banking Be Useful In The BFSI Sector?

The BFSI  industry has seen several advancements over the past few decades. Be it the nationalisation of banks, or the increase in demand for online banking, the banking and finance landscape has evolved exponentially.  Owing to the cut-throat competition in the market, the importance of polishing one's skill sets, goes without saying. Employers are no longer looking for run-of-the-mill professionals – they want people who hold specialised domain skills along with entrepre..

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Former President of ICAI appointed as Administrator of The Lakshmi Vilas Bank Ltd

Supersession of the Board of Directors - Appointment of Administrator – The Lakshmi Vilas Bank Ltd In exercise of the powers conferred under Sub-section (1) of Section 36 A C A of the Banking Regulation Act 1949, the Reserve Bank has, in consultation with Central Government, superseded the Board of Directors of The Lakshmi Vilas Bank Ltd. for a period of 30 days owing to serious deterioration in the financial position of the bank. This has been done to protect the depositors&r..

Posted in news |   445 Views


ICAI arranges a committee for members and dependents for Discounted Diagnostic and Related Healthcare Tests

Committee for Members in Practice The Institute of Chartered Accountants of India 18th November, 2020 Committee for Members in Practice arranged Discounted Diagnostic and Related Healthcare Tests for the Members of ICAI & their dependents Arrangement of the Discounted Diagnostic and Related Healthcare Tests for the Members of ICAI & their dependents : An initiative by the Committee for Members in Practice (CMP), ICAI Members/ Dependents of the Members of ICAI are requested to ..

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ICAI President's Message - November 2020

Dear Professional Colleagues, Prudent corporate governance practices are always the backbone of development and progress of economic ecosystem of any country. After globalisation and liberalisation were introduced to the largest democracy of the world, international businesses looked at India with a new perspective and exploited untapped and immense potential of Indian markets. Changing ownership structures, wide base of shareholders and greater expectations of society further heightened the ..

Posted in news |   7101 Views


ICAI starts the application process for the 14th ICAI Awards

Click here to apply for the 14th ICAI Awards About ICAI & CMIB The Institute of Chartered Accountants of India (ICAI), established, 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, Standard Setter, Educator and Partner in Nation Building and has been functioning under the administrative control of the Ministry of Corporate Affairs (MCA) of the Government of India, as an ext..

Posted in news |   551 Views


ICAI launches Global Management Development Program on World Accountant's Day

The Institute of Chartered Accountants of India, on World Accountant’s Day, has launched a Global Management Development Programme: Leadership Beyond Boundaries in line with the continuous thrust of the ICAI towards knowledge up-gradation and professional enrichment. Read the official announcement below: Public Relations Committee The Institute of Chartered Accountants of India 10th November, 2020 On World Accountant's Day: ICAI Launches Global Management Development Progr..

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ICAI invites suggestions for improvement in the functioning of MCA-21 E-Governance Portal

The Institute of Chartered Accountants of India is inviting suggestions for improvement in the functioning of MCA-21 E-Governance Portal. The suggestions can be given up to 30th November 2020. Read the official announcement below: Corporate Laws & Corporate Governance Committee The Institute of Chartered Accountants of India 10th November, 2020 ANNOUNCEMENT Sub: Inviting suggestions for improvement in functioning of MCA-21 E-Governance Portal. The Ministry of Corporate Aff..

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ICAI extends the date for filing of Multipurpose Empanelment Form 2020-21 to 10th Nov 2020

The Institute of Chartered Accountants of India has extended the last date for filing of Multipurpose Empanelment Form 2020-21 to 10th November 2020. Read the official announcement below: Professional Development Committee The Institute of Chartered Accountants of India ANNOUNCEMENT It has been decided to extend the last date for filling the Multipurpose Empanelment Form for the year 2020-21 for further 4 days, i.e., till 10th November 2020, Tuesday to mitigate the difficulties being f..

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Professional Empowerment Series - Chapter 11: Avoiding Procrastination

In my life, the cost of postponing by days, months, and at times years of important aspects of life, profession included has been enormous when the past put through this filter. Since majorly, in the profession, the bulk of incidents where I have not done, not started, delayed decisions, commitments have had the effect of pulling me back, slowing me down. I have in fact postponed the exercise to introspect on this aspect for at least a few years. It is a fact that even highly driven and acc..

Posted in articles |   1 comments |   408 Views


Professional Empowerment Series - Chapter 10: Making a Difference

The pandemic is a wake-up call for all of us to really look at what is important in our life. We were forced to become minimalist. That is what monks/sages are always. If put in perspective, our hollow normal ways of being, introspection on the rat race which we have been involved in. Thanks to my joining Rotary more than 2 decades back, the early introduction to philanthropy gave me an immense opportunity to grow as a person and a good patriot and citizen. Since this has also supported my ..

Posted in articles |   221 Views


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