Professional Guide - Part 14

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Category: Professional Guide

Cabinet Approval on Renew of MoU Between ICAI & ICAEW

MoU Between ICAI & ICAEW

Prime minister Narendra Modi Headed the Union Cabinet on Thursday, 7th March where the decision to approve both the following was taken:

Ex-post facto of the Memorandum of Understanding (MOU) signed in 2008 and renewed in 2014 between the Institute of Chartered Accountants of India (ICAI) and Institute of Chartered Accountants in England & Wales (ICAEW). The Renewal of the Memorandum of Understanding between the Institute of Chartered Accountants of India (ICAI) & The Institute of Chartered Accountants in England… Read More

Accounting Firms Can Trust These Best Taxation Software With Free Demo

Taxation Software for Accounting Firms

In India, there are many Chartered Accountants and Company Secretary professionals who want to keep their data in a proper way and format and without any error. So to keep everything in format, then one must throw out the trend of forms, calculator and pencils and must follow the new trend of following the process online.

While filing the tax, one must be very much careful as taxes are confusing because calculating the tax, managing it and making it error … Read More

1 Lakh GST Accountants To Be Trained By Institute of Cost Accountants of India

GST Accountants

The Institute of Cost Accountants of India (ICAI) is planning to train nearly 1 lakh students for the newly implemented Goods and Service Tax (GST). The fee of the GST course will be borne by the Centre and students don’t have to pay a single amount of money.

“We are in discussions with Government and modalities are being worked out,” said Amit Anand Apte, President, Institute of Cost Accountants of India (ICMAI). He further added that “Most of the SMEs … Read More

An Insurance Scheme For CAs And Their Spouses After The Blend Of ICAI And LIC

ICAI Insuarnce Scheme for Chartered Accountant

ICAI (Institute of Chartered Accountants of India) and LIC have come forth together with a specialised group life-insurances scheme, specially designed for Chartered Accountants and their spouses, ages between 18 to 64 years, while members should age between 21 to 64 years, under the Committee for Capacity Building of Members in ICAI.

This scheme comes with a validity of one year, and an annual premium is to be paid when the official website of ICAI confirms the sum of rupees … Read More

ICAI Seeks for MoU Signing For Foreign Investment Purpose

ICAI (Institute of Chartered Accountant of India)

ICAI (Institute of Chartered Accountants of India) recently knocked the doors of Ministry of Commerce and Industry in order to make it sign the MoU with the INVEST INDIA.

The agenda is to streamline the chartered accountant’s services and services of the firms to be eligible and open for any foreign investors.

INVEST INDIA, a national investment promotion and facilitation agency is a medium from where the ICAI would require MC&I (Ministry of Commerce and Industry) to sign a MoU.… Read More

Certificate Course on GST Test Set For 20th January : ICAI

Recently the Indirect Tax Committee of the Institute of Chartered Accountants of India (ICAI) announced an assessment test for the Certificate Course on GST.

The assessment test is to be conducted on 20th January 2019 while the passing marks for the test are 50. However, the authority will be evaluating the candidates as per the learning process.

Also if the candidate fails to secure 50% then he will have to reappear for the test as there is no negative marking … Read More

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