Others - Corporate Law Reporter

Cost Accounting Records (Electricity Industry) Rules, 2011

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION (i)] MINISTRY OF CORPORATE AFFAIRS Notification No. G.S.R. 871 (E) G.S.R. 871 (E) In exercise of the powers conferred by sub-section (1) of section 642, read with clause (d) of sub-section (1) of section 209 of the Companies Act, 1956 (1 of 1956), and in supersession… Read More

ICSI Foundation Day Celebrtions Vision of Professional Body Like The ICSI and its Members Should Capture Expectations of its Various Stakeholders-RPN Singh

Shri R P N Singh , Minister of State for Corporate Affairs, While delivering the ICSI FOUNDATION DAY Lecture here today has said that , The professionals like Company Secretaries have been playing an important role in shaping modern Corporate India .He appreciated the efforts of the Institute of Company Secretaries of India and said… Read More

Cost Accounting Records and Cost Audit clarifications regarding applicability and compliance requirements.

General Circular No. 68/2011 52/13/CAB-2011 Government of India Ministry of Corporate Affairs Cost Audit Branch ***** ˜B-1™ Wing, 2nd Floor, Paryavaran Bhawan, CGO Complex, Lodhi Road, New Delhi 110 003 Dated the November 30, 2011 To, The President, Institute of Cost and Works Accountants of India, 12, Sudder Street, Kolkata 700 016 Subject: Cost Accounting… Read More

Filing of Accounts in XBRL extended till December end

General Circular No: 69/2011 No. HQ/MCA/DigitisedBS/AR/2009 Government of India Ministry of Corporate Affairs 5th Floor, "A" Wing, Shastri Bhawan, Dr. R.P. Road, New Delhi - 110001 Dated 30.11.2011 All the Regional Directors, All the Registrar of Companies/ Official Liquidators All stakeholders Sub: Filing of Balanee Sheet and Profit and Loss … Read More

Preventing Corporate Fraud 2011

Preventing Corporate Fraud 2011 December 9th, 2011- Mumbai This seminar is structured to highlight various frauds happening in the corporates and offer simple and practicable solutions to prevent and deter frauds. The seminar will incorporate experts from the Forensic department, Audit Services & Audit Committee Members, General Counsel, and Chief Security Officers to share insights… Read More

Social Responsibility Initiative Launched at IFFI

For the first time International Film Festival of India will include social responsibility and inclusivity as part of the festival. On Nov 27, parents of children with special needs would give film makers, media and delegates, a glimpse into the lives of these special people and families, through 3 small films that have been made… Read More

G Ramaswamy, President, ICAI elected as IFAC Board Member. – (17-11-2011)

G Ramaswamy, President, The Institute of Chartered Accountants of India (ICAI) has been elected as the Board Member of International Federation of Accountants (IFAC) at the November IFAC Council Meeting held at Berlin, Germany on 17th November 2011. IFAC is a global organization for the accountancy profession, dedicated in serving the public interest by strengthening… Read More

Master Circular on Cost Accounting Records and Cost Audit

To, The President, Institute of Cost cqd Works Accountants of India, 12, Sudder Streei Kolkata - 700 01 6'. Subject: Master Circular on Cost Accounting Records and Cost Audit Sir, Ministry has from time-to-time issued number of circulars with regard to various matters concerning cost accounting records and cost audit in the corporate sector. All thesecirculars have been reviewed, in suppression of the earlier circulars as mentioned in Appendix,… Read More

ICAI Council Guidelines for Conversion Of CA Firms into LLPs

COUNCIL GUIDELINES FOR CONVERSION OF CA FIRMS INTO LLPS (Guidelines No.1-CA (7)/03/2011, dated 4th November, 2011) In terms of the Council decision dated 14 July, 2011, following guidelines for conversion of CA firms into LLPs and constitution of separate LLPs by the practicing Chartered Accountantshave been finalized which are applicable for conversion of CA firms into LLPs or formation of new… Read More

Guidelines for pension products-IDRA

Pension products offered by life insurance companies have a special role to play in promoting and protecting the social security by provision of stable and adequate retirement income. The regulatory framework for pension business of life insurance industry should take into consideration the long-term risks inherent in the pension products. The need for greater security of the pensioner™s fund… Read More

Good News – Interest Rate on PPF, Post Office Savings hiked

In a move that will benefit millions of depositors, the government on Friday hiked interest rates on deposits under the Public Provident Fund (PPF) scheme to 8.6 percent from 8 percent and post office savings accounts to 4 percent from 3.5 percent. The PPF scheme is a favourite investment option for salaried as well as self-employed individuals.… Read More

Government E-Payment System to be Inaugurated

The Controller General of Accounts (CGA), Department of Expenditure, Ministry of Finance has developed a fully secured Government e-payment system for direct credit of dues from the Government of India into the account of beneficiaries using digitally signed electronic advice (e-advice) through the ˜Government e-Payment Gateway™ (GePG). The Union Finance Minister Shri Pranab Mukherjee will… Read More

Final recommendations of the Wage Boards for Working Journalists and Non-journalist Newspaper Employees of Newspaper Establishments and News Agencies

The Union Cabinet today approved the final recommendations of the Wage Boards along with certain corrections and rectifications carried out under Section 12(1) of the Working Journalists and other Newspaper Employees (conditions of Service) & Miscellaneous Provisions Act, 1955. The Government had earlier constituted two Wage Boards in May 2007. The Chairman of the Wage… Read More