Category Archives: other Acts

E-book on “ Quick Insights on Professional Opportunities For Chartered Accountants ”

By | May 27, 2019

E-book on “Quick Insights on Professional Opportunities For Chartered Accountants” By ICAI We are pleased to inform that with an aim to provide heightened focus of Chartered Accountants who are in Practice on various emerging Professional Opportunities such as RERA, Ind AS, Companies Act, 2013, Artificial Intelligence, Blockchain, Cyber Security and Data Analytics (ABCD of… Read More »

Incentive for improving service to non-chest branches : RBI

By | May 24, 2019

RBI/2018-19/186DCM (Plg.) No.2845/10.25.007/2018-19 May 23, 2019 The Chairman & Managing DirectorManaging Director/ Chief Executive OfficerAll Banks having Currency Chests Dear Sir/Madam, Incentive for improving service to non-chest branches Please refer to our circular RBI/2015-16/293 DCM (NPD) No.2564/09.40.02/2015-16 dated January 21, 2016 on the captioned subject. It has been decided to allow the large modern Currency Chests to… Read More »

Payment and Settlement Systems in India: Vision 2019 – 2021’ by RBI

By | May 17, 2019

RBI publishes ‘Payment and Settlement Systems in India: Vision 2019 – 2021’ Date : May 15, 2019 The Reserve Bank of India has today placed on its website the “Payment and Settlement Systems in India: Vision 2019 – 2021”. The Payment Systems Vision 2021 with its core theme of ‘Empowering Exceptional (E)payment Experience’ aims at empowering every… Read More »

Category: RBI

Outsourcing of Cash Management – Reconciliation of Transactions by Banks

By | May 16, 2019

Outsourcing of Cash Management – Reconciliation of Transactions RBI/2018-19/183DCM (Plg) No.2746/10.25.07/2018-19 May 14, 2019 The Chairman / Managing Director /Chief Executive OfficerAll Banks Madam / Dear Sir, Outsourcing of Cash Management – Reconciliation of Transactions As stated in para 15 of the monetary policy statement dated October 04, 2016, the Bank had constituted a Committee on… Read More »

Category: RBI

ICAI releases E Version of Compendium of Ind AS effective 1.4.2019

By | May 15, 2019

ICAI releases E Version of Compendium of Ind AS effective 1.4.2019 We are pleased to share that the Accounting Standards Board (the Board/ ASB) of Institute of Chartered Accountants of Indian (ICAI) has released e-version of Compendium of Indian Accounting Standards (Ind AS). As you are aware the Ind AS recommended by the ICAI, are… Read More »

FAQ on The Banning of Unregulated Deposit Schemes Ordinance 2019 by ICAI

By | May 15, 2019

FAQ on The Banning of Unregulated Deposit Schemes Ordinance 2019 India, has in the recent times witnessed a glut of financial frauds in forms of ponzi schemes, chit fund scams etc. In order to deter the illegal operators from running such deposit schemes luring deposits, and to regulate them, the government brought in the ‘Banning… Read More »

Compendium of Ind AS (E-version) w.e.f April 01, 2019 : released by ICAI

By | May 3, 2019

ICAI releases Compendium of Ind AS (E-version) effective from April 01, 2019 ICAI releases Compendium of Ind AS (E-version) effective from April 01, 2019 ICAI Press Release Indian Accounting Standards Framework (Ind AS Framework) is based on IFRS Standards. IFRS Standards undergo regular upgrades due to issuance of new Standards and amendments in existing Standards… Read More »

CA Exam postponed by ICAI

By | May 3, 2019

IMPORTANT ANNOUNCEMENT Dated 3rd may 2019 In partial modification of the Institute’s Notification No. 13-CA(Exam)/M/2019 dated 11th March, 2019, it is notified for general information that due to certain unavoidable circumstances, Paper – 3 of Foundation Examination and Paper 4 & 5 of Final Examination {Old as well as New Scheme} stand postponed and the… Read More »