Category - Others

Amendment in FCRA

Amendment in FCRA Section 2 of Foreign Contribution Regulation Act, 2010 is proposed to be amended to facilitate smooth implementation of CSR activities as provided in Companies Act, 2013 and Companies (Corporate Social Responsibility Policy) Rules, 2014 by companies which otherwise fall in the category of foreign source. This was stated by the Minister of… Read More

Commercial Contract Masterclass: Delhi- 18th Mar & Mumbai- 8th Apr

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Disclosures under Reg. 29(1) & 29(2) of SEBI (SAST) Regulations, 2011

The Securities and Exchange Board of India has issued Disclosures under Reg. 29(1) & 29(2) of SEBI (SAST) Regulations, 2011. To Download the complete Regulations, please click on the link below: Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 Read More

Commercial Contract Masterclass: Delhi – 18th Mar & Mumbai – 8th Apr

Commercial Contract Masterclass: Delhi – 18th Mar & Mumbai – 8th Apr

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Highlights of Railway Budget for 2016-17

Following are highlights of the Railway Budget for 2016-17 (Apr-Mar), presented by Railway Minister Suresh Prabhu in Parliament today: GENERAL * Budget reflects aspirations of the entire railway family * Rail Budget reflects aspiration of all * Core objective is to improve individual experience * Rail Budget is the vision of PM Modi * Making… Read More

ICSI Playing a Pivotal Role in ‘Make In India’ Week in Mumbai

The Government of India's mega event 'Make in India' in Mumbai from 13-18 February, 2016 at the MMRDA Grounds, Bandra-Kurla Complex, Mumbai has been inaugurated by the gracious and respectful hands of Sri Narendraji Modi, the Hon'ble Prime Minister of India, in the august presence of Shri CH. Vidyasagar Rao, Governor of Maharashtra, Shri DevendraFadnavis,… Read More

Mobile Internet can be banned under S. 144 CrPC, says Supreme Court: 11 Feb 2016

The Supreme Court today dismissed an appeal challenging a judgment of the Gujarat High Court which had upheld the ban on mobile internet under S.144 of Code of Criminal Procedure. A Bench of Chief Justice TS Thakur and R Banumathi J. remarked that there can be such ban for law and order. Advocate Apar Gupta, one of… Read More

Guidance Note on Accounting for Depreciation in companies in the context of Schedule II to the Companies Act, 2013

Accounting for depreciation is generally a significant matter for the purpose of true and fair determination of the operating results of a company as reflected in its statement of profit and loss as well as its financial position as depicted in its balance sheet. Though Accounting Standard (AS) 6, Depreciation Accounting has already been issued… Read More

Consolidation of Financials under IFRS

Consolidation of Financials under IFRS ======================================================= Introduction Under Globalised scenario, the boundaries of the business crossed the beyond from one county to many countries during the last two decades, at the same time business risk is also increased the same level for the companies and their investor. As a investor or stake holder of an… Read More

ICAI President’s Message – February 2016

Dear Friends, I started my journey in the active service of profession in the year 1991 as an office bearer of Indore Branch of CIRC of ICAI. I am happy that after 24 years, the profession gave me the opportunity to serve as the 63rd President of the ICAI, in the year 2015. Earlier, I… Read More

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