Highlights of the Railway Budget 2015-16

Thrust: 1. IR to become prime mover of economy once again 2 Resource Mobilization for higher Investments 3. Decongestion of heavy haul routes and speeding up of trains: emphasis on gauge conversion, doubling, tripling and electrification 4. Project delivery 5. Passenger Amenities. 6. Safety 7. Transparency & System Improvement. 8. Railways to continue to be … Read more

Highlights of Economic Survey 2014-15

Economic Outlook, Prospects and Policy Challenges ·         Macroeconomic fundamentals in 2014-15 have dramatically improved. Using the new estimate for 2014-15 as the base, GDP growth at constant market prices is expected to accelerate to between 8.1 and 8.5 percent in 2015-16.   ·         Medium-term prospects will be conditioned by the “balance sheet syndrome with Indian characteristics” that has … Read more

Printing of Budget Documents of Union Budget 2015-16 Commenced with Halwa Ceremony

Printing of Budget Documents of Union Budget 2015-16 Commenced with Halwa Ceremony; more than 100 Officials Involved in Making the Union Budget will be Locked in Press Till Union Budget is Presented in Lok Sabha by the Finance Minister on 28th February, 2015  More than 100 officials involved in making the Union Budget 2015-16 will … Read more

Chartered Accountant in practice shall be deemed to be guilty of professional misconduct if he uses any designation or expressions other than Chartered Accountant

ANNOUNCEMENT FOR ATTENTION OF THE MEMBERS Re: Use of Designation(s) other than the designation of “Chartered Accountant” It has been brought to the notice of the Institute that some members are using the certain designation (s) other than Chartered Accountant in addition to the designation “Chartered Accountant’. In this regard, the attention of the members … Read more

How many article assistants can chartered accountant train?

 Similarly, an associate or a fellow chartered accountant who is employed as a paid assistant with a chartered accountant in practice or in a firm of such chartered accountants is also eligible to engage an articled assistant or assistants.   Category Period of continuous Practice Entitlement of articled assistant or  assistants (i) An  associate  or  fellow  … Read more

ICAI elected CA. Manoj Fadnis as the President and CA. M. Devaraja Reddy as the Vice-President for year 2015-16

Press Release ICAI elects New Torch Bearers for the year 2015-16 The Institute of Chartered Accountants of India (ICAI) is a statutory body established by the Chartered Accountants Act, 1949 for the regulation of the profession of Chartered Accountants in India. The affairs of the ICAI are managed by a Council in accordance with the … Read more

CEP requirements for CMA members in practice and industry

NOTIFICATION   Sub: CEP requirements for Members in Practice/Industry No. CMA(2)/2015: As advised by the Quality Review Board, recommended by the Members’ Facilities & Services Committee and approved by the Council at its 291st Meeting held on 30th January, 2015, the Institute is pleased to announce revised CEP requirements for members in practice & industry … Read more

Practicing Company Secretaries allowed to become active partner of a Limited Liability Partnership

 February 10, 2015 Dear Professional Colleagues, The Council at its 227th Meeting held at New Delhi on January 18, 2015 while approving the formation of LLPs by PCS granted general permission to the members in practice to: (a)          become designated / active partner of a limited liability partnership (LLP) the objects of which include carrying … Read more

New President and Vice President of the Institute of Company Secretaries of India (ICSI) for 2015

CS Atul Hasmukhrai Mehta, President, The ICSI CS Atul Hasmukhrai Mehta is B.Com, BGL and a Fellow Member of the Institute of Company Secretaries of India. CS Mehta started his practice as founder of Mehta and Mehta in the 1996 and has been in the industry ever since. Initially, he has served the industry for … Read more

ICAI Constituted the Group of members Pursuant to C&AG’s Report `Performance Audit on Appreciation of Third Party (Chartered Accountants)

ALL MEMBERS OF THE COUNCIL Dear Sir, Pursuant to C&AG’s Report `Performance Audit on Appreciation of Third Party (Chartered Accountants) – Reporting in Assessment Proceedings’ for the year ended March, 2014, the President, in terms of the authority given to him by the Council at its 331st meeting held in February, 2014, has constituted a … Read more