India has signed an Agreement on Trade in Goods with ASEAN on 13th August, 2009. Negotiations concerning Agreement on Trade in Services are at the stage of exchange of offers and both India and ASEAN have last exchanged revised offers on 18th November, 2011. Negotiations on the services that are likely to be considered for… Read More
Indian economy is estimated to grow by 6.9% in 2011-12 mainly due to weakening industrial growth. This indicates a slowdown compared not just to the previous two years, when the economy grew by 8.4%, but also from 2003 to 2011, except 2008-9 economic downturn, when the growth rate was 6.7 percent. The Economic Survey 2011-12,… Read More
Shri R.P.N. Singh, Minister of State for Corporate Affairs has emphasized upon public friendly Accounting. Inaugurating the three day long 53rd National Cost Convention of Cost and Management Accountants (CMA) for the year 2012 organised by the Institute of Cost Accountants of India (ICAI) here in New Delhi today Shri Singh called upon the Cost… Read More
The Railway Budget gets a mix view as some appreciate and some don™t, it surely talks for the country and not for an individual but of their safety which requires resources. The Budget has come, know its on to us to decide whether it is creating heaviness for our pockets or one goes with it.… Read More
The Institute of Cost Accountants of India to organise Workshop on Presentation and Dsclosures of Financial Statements as per the revised Schedule VI to the Companies Act , 1956 on 19th- 20th April, 2012. In the context of preparation and presentation of Balance Sheet , and Statement of Profit and Loss as per the new Schedule… Read More
The three day long 53rd National Cost Convention of Cost and Management Accountants (CMA) for the year 2012 is being organised by the Institute of Cost Accountants of India (ICAI) here in New Delhi at Vigyan Bhawan from tomorrow onwards. It will focus on Enhancing the long term enterprise value- Environment, Society and Governance Towards… Read More
The Institute of Cost Accountants of India announces 2 days seminar on Risk Based Internal Audit of Banks on 26th - 27 th April, 2012 at Hyderabad to provide training on Risk Based Internal Auditing (RBIA) to the concurrent auditors of banks/ bankers inline with the guidance note on (RBIA) released by the RBI. The… Read More
The Union Finance Minister Shri Pranab Mukherjee said that good customer service is the heart of banking service delivery. He said that banking is predominantly a customer oriented business and good customer service is the key to banks™ growth and stability. The Finance Minister said that with enhanced competition amongst banks, customer service becomes the… Read More
India and Indonesia are set to reach their target of trade worth US$25 billion by 2015 ahead of schedule. The Union Minister for Commerce Industry and Textiles, Shri Anand Sharma reviewed the business ties between the two countries with his counterparts in Jakarta yesterday. We now see ourselves achieving the next target of US$ 25… Read More
The Union Finance Minister Shri Pranab Mukherjee said that setting up of Infrastructure Debt Fund through public private partnership would meet the long term need of infrastructure sector funding. The Finance Minister Shri Mukherjee said that he is confident that the establishment of Infrastructure Debt Fund through PPP model would be a guiding principle for… Read More
The Technical Cell of National Task Force constituted by the Institute has approved the release of the Exposure Draft of Guidance Note on Maintenance of Cost Accounting Records. The proposed Guidance Note may be modified in light of comments/ suggestions received before being issued as Guidance Note in the final form. Please submit your views/… Read More
The Institute of Cost Accountants of India and Food Corporation of India (FCI) (Government of India Undertaking) have signed an MOU on 28th February'2012. As per this MOU the intermediate passed students of the Institute will be able to undergo Practical Training with FCI. The students of the Institute will get wider exposure to the… Read More
Shri Anand Sharma met with the delegates of the United States & Japan on a trilateral dialogue, here today. Addressing the delegated Shri Sharma said, It is indeed befitting that such a dialogue should take place given that the three countries are vibrant democracies and leading economies in the Asia- Pacific region. The changing contours… Read More