CA

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The Government has notified the National Financial Reporting Authority (Manner of appointment and other terms and conditions of service of Chairperson and members Rules, 2018. The rules prescribes provisions relating to composition of Authority, manner of appointment, Procedure for inquiry of misbehavior of incapacity of the chairperson or a member, Term of office and Salary…

Read More Govt. notifies norms for appointment of Chairperson and members of NFRA

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There are So many Chartered Accountants in india who become successful in life by not depending on their profession, they choose other career and become successful in that field. CA Course is just a part of life, CA Is not a life, remember this line. Here are the List of Persons. Corporate Vinay Maloo, billionaire…

Read More Famous Business Persons In india Who are Chartered Accountants

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India approved the draft rules for establishing a new body to oversee auditing and accounting standards in India. The National Financial Reporting Authority will comprise a chairman and up to 15 members, and will cover listed and large unlisted companies. Finance Minister Arun Jaitley said in a media briefing. The existing self-regulatory body, Institute of…

Read More Break to ICAI – Cabinet Approves NFRA

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Whats the Case of fraud in PNB: You think your money is safe with the banks.?? Case study on PNB bank Fraudulent transactions of $1.77 billion (11,300 Crores ) Whats the Case: According to details included in the initial complaint filed by PNB with the CBI, the issue was detected at the bank’s mid corporate…

Read More What is Punjab National Bank Case ? | PNB Fraud case | Facts of the case

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Major Changes in IPCC Taxation Paper for May 2018 Exams : As you might be aware that, with the introduction of last year’s Union Budget, Certain provisions of Income Tax have become outdated. Considering this change, ICAI has removed around 45 Sections and Sub-Section from Direct Tax Paper. This change (Taxation ) is applicable from…

Read More IPCC Amendments for May 2018 exams | 50 Sections removed from tax paper