Monthly Archives: December 2016

Indian Govt issues report on Companies Amendment Bill 2016

By | December 11, 2016

STANDING COMMITTEE ON FINANCE (2016-17) SIXTEENTH LOK SABHA THE COMPANIES (AMENDMENT) BILL, 2016 (MINISTRY OF CORPORATE AFFAIRS) THIRTY-SEVENTH REPORT LOK SABHA SECRETARIAT NEW DELHI December, 2016 / Agrahayana, 1938 (Saka)

DigiShala : Govt launches new channel to promote digital payments

By | December 11, 2016

DigiShala : Govt launches new channel to promote digital payments In an attempt to promote digital payments in the country, Ministry of Electronics and IT has introduced ‘Digi Dhan Abhiyan’ campaign to enable every citizen, small trader and merchant to adopt digital payments in their everyday financial transactions.DigiShala will impart information and education, especially in… Read More »

डिजिटल लेनदेन को बढ़ावा देने के उद्देश्य से सरकार ने शुरू किया डिजिशाला टीवी चैनल

By | December 11, 2016

डिजिटल लेनदेन को बढ़ावा देने के उद्देश्य से सरकार ने शुरू किया डिजिशाला टीवी चैनल

Eligibility Criteria to become Insolvency Professional

By | December 11, 2016

Eligibility Criteria to become Insolvency Professional For Chartered Accountants to become Insolvency Professional An individual shall be eligible to be registered for a limited period (as per Regulation 9 of the said Regulations) as an insolvency professional if he has been ‘in practice’ for a minimum period of fifteen years as a chartered accountant enrolled… Read More »

ICAI Syllabus for Limited Insolvency Examination on 31st December, 2016 to become Insolvency Professional

By | December 11, 2016

Insolvency and Bankruptcy Board of India 30th November, 2016 Limited Insolvency Examination The Board hereby publishes the syllabus, format and frequency of the “Limited Insolvency Examination” under regulation 3(3) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016: I. Syllabus for Examination The syllabus for the “Limited Insolvency Examination” is as under:… Read More »

Post Demonetization -ICAI issued Advisory for CA Members

By | December 11, 2016

ANNOUNCEMENT For attention of Members Demonetisation Policy announced by Government of India- An Advisory for Members As you may be aware, the ICAI has always been supportive of the bold initiatives taken by the Government in strengthening the economic growth of our country and also in its efforts to weed out black money and corruption… Read More »

CA’s in Practice have to comply Know your Client Norms -(Mandatory) for attest functions w.e.f 01.01.2017

By | December 11, 2016

ANNOUNCEMENT OF KYC NORMS All the members of Institute of Chartered Accountants of India (ICAI), who are in practice, are hereby informed that the Council has formulated the Know Your Client (KYC) norms at it’s 356th Meeting held on 29th, 30th June and 1st July, 2016 KNOW YOUR CLIENT (KYC) NORMS The financial services industry… Read More »

Faq’s on Aadhaar Payment Bridge (APB) System

By | December 11, 2016

Aadhaar Payment Bridge (APB) System What is Aadhaar number? It is a 12 digit unique identification number that stores demographic and biometric information of the resident with photograph issued by Unique Identification Authority of India (UIDAI) on behalf of Government of India. Aadhaar serves as a proof of identity and address, anywhere in India. What… Read More »

Govt of India New Incentive Scheme for Digital Payments – digital to digi-dhan

By | December 11, 2016

Press Information Bureau Government of India NITI Aayog 10-December-2016 18:18 IST Incentivizing Digital Payments Government of India has initiated numerous steps to combat the scourge of Corruption and Black Money in the last two and a half years. Demonetization of 500 and 1000 Rs. notes is an important milestone in this endeavour. These large denomination… Read More »