Others - Corporate Law Reporter

ICAI- Extension of date for registration for Integrated Professional Competence Course (IPCC)

In order to mitigate the hardship being faced by the students in registering for Integrated Professional Competence Course (IPCC), the Council at its 312th Meeting held from 25-27th December, 2011 decided to pass the following Resolution:- Resolved that by virtue of powers vested under Regulation 205 of the Chartered Accountants Regulations, 1988, the Council of… Read More

Finance Ministry expects the economy to grow faster in financial year 2012-13

The Central Statistical Office released the quick estimates of national income, consumption expenditure, saving and capital formation for 2010-11 today. Savings and investment data for 2010-11 are new and all other data are revisions to earlier releases. GDP at factor cost at constant (2004-05) prices (real GDP) grew by 8.4 per cent in 2010-11. This… Read More

Comparative Rating Index of Sovereigns (CRIS) developed by the Finance Ministry

Major credit rating agencies give out the sovereign credit rating of each nation as an absolute grade. How other nations fare does not matter in a particular nation™s rating score. This is very different from a comparative rating. An example of comparative rating is the percentile score”the way GRE results are at times given. If… Read More

India to witness a large investment of nearly US$ 100 billion in nuclear power sector

India will see investments in excess of US$ 100 billion in next two decades in the nuclear power sector at least a quarter of from France alone. Addressing the 4th India-France CEOs Forum at Paris yesterday, the Union Minister for Commerce, Industry and Textiles, Shri Anand Sharma said in the energy sector, we greatly value… Read More

Fees payable by members revised- ICWAI

The fees payable by the members of the Institute have been revised by the Council with effect from 1st April, 2012 from the financial year 2012-2013 onwards as follows: Category of fees Amount Payable Associate Entrance Fee Rs. 1,000/- Associate Membership Fee Rs. 800/- p.a. Fellow Entrance Fee Rs. 1,000/- Fellow Membership Fee… Read More

Cost Audit Order dated 24th Jan, 2012- issued

F.No. 52/26/CAB-2010; GOI; MCA; Cost Audit Branch; Dated 24th January, 2012 In exercise of the powers conferred by sub-section (1) of section 233B of the Companies Act, 1956 (1 of 1956), the Central Government, being of the opinion that it is necessary to do so, hereby directs that all companies to which the Companies (Cost Accounting Records) Rules, 2011 apply, and which are engaged… Read More

2nd National Voter’s Day celebrated across India to increase enrolment of voters

The national function of second National Voters™ Day (NVD) was observed at Vigyan Bhawan, New Delhi, a practice that was initiated last year to coincide with the foundation day of the Election Commission of India and also to enhance the participation of the voters, especially the youth, in the democratic process. The Former President Dr. A.P.J.… Read More

Lok Sabha speaker emphasised on gains of globalisation and economic growth for downtrodden at the Golden Jubilee Celebrations of IES

The Speaker of Lok Sabha, Ms. Meira Kumar has said that the key policy challenge was that poor and downtrodden should partake gains of globalisation and economic growth. She said that we must bridge the wide gap between existing social infrastructure and aspirations of the masses. She was delivering the Keynote Address at the finale… Read More

CBEC tableau depicting Indian Customs: Guardians Of Our Economic Frontiers is part of this year™s Republic Day Parade

The year 2012-13 marks 50 years of the Customs Act, 1962 and to celebrate the occasion, Central Board of Excise and Customs™ (CBEC) tableau depicting Indian Customs: Guardians Of Our Economic Frontiers is part of this year™s Republic Day Parade. Beside being a significant contributor to Central Government Revenue & facilitator of international movement of… Read More

ICAI- DT Committee enters into an arrangement with Taxmann to provide all material as part of standard practice & procedure

As an ongoing attempt to enable the members to keep pace with the latest developments in direct taxes, the Direct Taxes Committee of ICAI has entered into an arrangement with Taxmann, a reputed and a well known publisher, wherein Taxmann has agreed to provide all materials that are published and made available by it as… Read More

Building Bridges through Economic Co-operation, discussed at the SAARC Summit

Shri Anand Sharma, the Union Minister of Commerce, Industry & Textiles addressed the plenary session of the SAARC Business Summit centered around the theme of Building Bridges through Economic Co-operation, here today. Speaking on the occasion Shri Sharma said, Today™s world is integrated & interdependent. Partnerships are the defining theme of our times. Asia, today,… Read More

Smart cards issued to more than 2.57 crore BPL households

The Rashtriya Swasthya Bima Yojana (RSBY), a unique scheme launched by Union Ministry of Labour and Employment so far more than 2.57 crore smart cards have been issued till the end of December,2011. The Scheme is presently being implemented in 24 States / Union Territories, namely, Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Gujarat, Haryana, Himachal… Read More

Fin Min says, requirement to have appropriate policy instruments to solve the economic areas of concern

The Union Finance Minister Shri Pranab Mukherjee has said that on account of the global impact, the Indian economy was facing areas of concern and to address them appropriate policy instruments were required. The Finance Minister Shri Mukherjee was addressing the First meeting of the Consultative Committee attached to his Ministry here yesterday during the… Read More