Huge savings in freight cost and yes this will be kind of permanent savings to most of the extent. Why permanent? With electric vehicles penetration in passenger and goods vehicle oil demand was anyways falling nine pins with point of no return. India can reap benefits out of this opportunity like never before. Freight cost is the major cost for all industries especially manufacturing. Take any
The most comprehensive news portal for Chartered Accountants and Other Professionals around the world.
Tuesday, April 21, 2020
Sunday, April 12, 2020
Contribution to PM CARES Fund qualifies as CSR expenditure, Contribution to CM’s Relief Fund does not: MCA
Ministry of Corporate Affairs, Government of India has clarified that a contribution made to ‘PM CARES Fund’ shall qualify as CSR expenditure under Item No viii of Schedule
Saturday, April 11, 2020
CANeWsBeta*- Monthly Top Commentator Contest win Rs.1000/- p.m
Seasons Greetings to all our viewers!
CANeWsBeta is happy to announce Top Commentator Monthly Contest. Now win Rs.1000 talktime or recharge of utility bills or DTH services by just commenting on the our news articles at :https://canewsbeta.blogspot.com/
Terms & Conditions of the contest:
Friday, April 10, 2020
How to withdraw from EPF if you need money due to coronavirus
The government has recently amended the EPF withdrawal rules which
allow an EPF member to withdraw money in case of emergency due to
COVID-19.
The government announced last week that you can withdraw a certain amount from your Employees' Provident Fund (EPF) corpus, if you are facing financial problems due to the coronavirus-related
The government announced last week that you can withdraw a certain amount from your Employees' Provident Fund (EPF) corpus, if you are facing financial problems due to the coronavirus-related
Vacancy for CA in P&G
Description
About Procter & Gamble:
Procter & Gamble is one of the largest FMCG (Fast Moving Consumer Goods) company in the world with strong brands like Pampers, Ariel, Always, Gillette and Oral B just to name a few. For more
Notice Inviting Expression of Interest for engagement of Chartered Accountants Firms for Statutory Audit of various units of the Institute of Chartered Accountants of India (ICAI) for the financial year 2020-21.
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Apr, 15 2020
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The Institute of Chartered Accountants of India, Multi Location, Multi State
Notice Inviting Expression of Interest for engagement of Chartered Accountants Firms for Statutory Audit of various units of the Institute of Chartered Accountants of India (ICAI) for the financial year 2020-21.
Address :
Notice Inviting Expression of Interest for engagement of Chartered Accountant Firms for Internal Audit of various units of the Institute of Chartered Accountants of India (ICAI) for the financial year 2020-21.
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Apr, 15 2020
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The Institute of Chartered Accountants of India, Multi Location, Multi State
Notice Inviting Expression of Interest for engagement of Chartered Accountant Firms for Internal Audit of various units of the Institute of Chartered Accountants of India (ICAI) for the financial year 2020-21.
Address :
Tender for chartered accountant services for Nathdawara Temple Board
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Apr, 15 2020
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Nathdawara Temple Board, Nathdwara Rajasthan
Tender for chartered accountant on retainer ship.
Address :
Tuesday, April 7, 2020
ICAI: Standard 12 Students Can Provisionally Register For CA Course
| Announcement |
| 5th April 2020 |
|
Sub: Allowing provisional registration in the
Foundation Course of Institute of Chartered Accountants of India (ICAI)
for students who have been allotted either admit card and/or appeared
in one or more papers of Class XII examinations
Due to the outbreak of the COVID -19 pandemic, the CBSE/ICSE/State Boards have postponed Class 12th Board examinations that were to be held from 19th March 2020 and onwards. In view of above, such candidates who are not able to register themselves in the Foundation due to non-appearance in all papers of class 12th Examination, the Competent Authority has decided to relax the eligibility criteria for registering in Foundation Course, as a one-time measure, which is as |
Monday, April 6, 2020
Request for Proposal (RfP) for Appointment of Chartered Accountant firm / LLP / company for Handling Direct Tax matters of DICGC for FY 2020-2021
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Apr, 07 2020Request for Proposal (RfP) for Appointment of Chartered Accountant firm / LLP / company for Handling Direct Tax matters of DICGC for FY 2020-2021
Address :
Statewise official Active Covid-19/Coronavirus cases in India as on 6/4/2020 9 a.m alongwith detailed analysis of statewise increase/decrease
| S. No. | Name of State / UT | Total Confirmed cases (Including 66 foreign Nationals) | Cured/Discharged/ Migrated |
Death |
|---|---|---|---|---|
| 1 | Andhra Pradesh | 226 | 1 | 3 |
| 2 | Andaman and Nicobar Islands | 10 | 0 | 0 |
| 3 | Arunachal Pradesh | 1 | 0 | 0 |
| 4 | Assam | 26 | 0 | 0 |
| 5 | Bihar | 30 | 0 | 1 |
| 6 | Chandigarh | 18 | 0 | 0 |
| 7 | Chhattisgarh | 9 | 3 | 0 |
| 8 | Delhi | 503 | 18 | 7 |
| 9 | Goa | 7 | 0 | 0 |
| 10 | Gujarat | 122 | 18 | 11 |
| 11 | Haryana | 84 | 25 | 1 |
| 12 | Himachal Pradesh | 13 | 1 | 1 |
| 13 | Jammu and Kashmir | 106 | 4 | 2 |
| 14 | Jharkhand | 3 | 0 | 0 |
| 15 | Karnataka | 151 | 12 | 4 |
| 16 | Kerala | 314 | 55 | 2 |
| 17 | Ladakh | 14 | 10 | 0 |
| 18 | Madhya Pradesh | 165 | 0 | 9 |
| 19 | Maharashtra | 690 | 42 | 45 |
| 20 | Manipur | 2 | 0 | 0 |
| 21 | Mizoram | 1 | 0 | 0 |
| 22 | Odisha | 21 | 2 | 0 |
| 23 | Puducherry | 5 | 1 | 0 |
| 24 | Punjab | 68 | 4 | 6 |
| 25 | Rajasthan | 253 | 21 | 0 |
| 26 | Tamil Nadu | 571 | 8 | 5 |
| 27 | Telengana | 321 | 34 | 7 |
| 28 | Uttarakhand | 26 | 4 | 0 |
| 29 | Uttar Pradesh | 227 | 19 | 2 |
| 30 | West Bengal | 80 | 10 | 3 |
| Total number of confirmed cases in India | 4067* | 292 | 109 | |
| *States wise distribution is subject to further verification and reconciliation | ||||
Total rise of 472 cases in India compared to 5/4/2020. Also see status as on 5/4/2020 click here
Total average percentage increase across India of 20.54% in a day.
There is reduction in percentage increase of cases in following states compared to 5/4/2020 ie in 24 hrs:
Sunday, April 5, 2020
Saturday, April 4, 2020
Statewise official Active Covid-19/Coronavirus cases in India as on 5/4/2020 9 a.m alongwith detailed analysis of statewise increase/decrease
| S. No. | Name of State / UT | Total Confirmed cases (Including 65 foreign Nationals) | Cured/Discharged/ Migrated |
Death |
|---|---|---|---|---|
| 1 | Andhra Pradesh | 161 | 1 | 1 |
| 2 | Andaman and Nicobar Islands | 10 | 0 | 0 |
| 3 | Arunachal Pradesh | 1 | 0 | 0 |
| 4 | Assam | 24 | 0 | 0 |
| 5 | Bihar | 30 | 0 | 1 |
| 6 | Chandigarh | 18 | 0 | 0 |
| 7 | Chhattisgarh | 9 | 3 | 0 |
| 8 | Delhi | 445 | 15 | 6 |
| 9 | Goa | 7 | 0 | 0 |
| 10 | Gujarat | 105 | 14 | 10 |
| 11 | Haryana | 49 | 24 | 0 |
| 12 | Himachal Pradesh | 6 | 1 | 1 |
| 13 | Jammu and Kashmir | 92 | 4 | 2 |
| 14 | Jharkhand | 2 | 0 | 0 |
| 15 | Karnataka | 144 | 12 | 4 |
| 16 | Kerala | 306 | 49 | 2 |
| 17 | Ladakh | 14 | 10 | 0 |
| 18 | Madhya Pradesh | 104 | 0 | 6 |
| 19 | Maharashtra | 490 | 42 | 24 |
| 20 | Manipur | 2 | 0 | 0 |
| 21 | Mizoram | 1 | 0 | 0 |
| 22 | Odisha | 20 | 0 | 0 |
| 23 | Puducherry | 5 | 1 | 0 |
| 24 | Punjab | 57 | 1 | 5 |
| 25 | Rajasthan | 200 | 21 | 0 |
| 26 | Tamil Nadu | 485 | 6 | 3 |
| 27 | Telengana | 269 | 32 | 7 |
| 28 | Uttarakhand | 22 | 2 | 0 |
| 28 | Uttar Pradesh | 227 | 19 | 2 |
| 29 | West Bengal | 69 | 10 | 3 |
| Total number of confirmed cases in India | 3374* | 267 | 77 | |
| *States wise distribution is subject to further verification and reconciliation | ||||
Total rise of 472 cases in India compared to 4/4/2020. Also see status as on 4/4/2020 click here
Total average percentage increase across India of 16.26% in a day.
There is reduction in percentage increase of cases in following states compared to 4/4/2020 ie in 24 hrs:
ICAI should come out with Guidance note on Audit procedures during epidemic to prevent health risk of articles and members
With Lock down nearing completion in India and businesses to resume in staggered manner members and articles will also have to resume audit assignments. In this scenario what is worrisome is the health risk of members and articles who conduct their audits at client places on which they have little control with regard to cleanliness and hygiene. Also reaching client places requires travelling in
Statewise official Active Covid-19/Coronavirus cases in India as on 4/4/2020 9 a.m
COVID-19 Statewise Status Also see status as on 22/3/2020 click here
| S. No. | Name of State / UT | Total Confirmed cases (Including 57 foreign Nationals) | Cured/Discharged/ Migrated |
Death |
|---|---|---|---|---|
| 1 | Andhra Pradesh | 161 | 1 | 1 |
| 2 | Andaman and Nicobar Islands | 10 | 0 | 0 |
| 3 | Arunachal Pradesh | 1 | 0 | 0 |
| 4 | Assam | 24 | 0 | 0 |
| 5 | Bihar | 29 | 0 | 1 |
| 6 | Chandigarh | 18 | 0 | 0 |
| 7 | Chhattisgarh | 9 | 3 | 0 |
| 8 | Delhi | 386 | 8 | 6 |
| 9 | Goa | 6 | 0 | 0 |
| 10 | Gujarat | 95 | 10 | 9 |
| 11 | Haryana | 49 | 24 | 0 |
| 12 | Himachal Pradesh | 6 | 1 | 1 |
| 13 | Jammu and Kashmir | 75 | 3 | 2 |
| 14 | Jharkhand | 2 | 0 | 0 |
| 15 | Karnataka | 128 | 12 | 3 |
| 16 | Kerala | 295 | 41 | 2 |
| 17 | Ladakh | 14 | 3 | 0 |
| 18 | Madhya Pradesh | 104 | 0 | 6 |
| 19 | Maharashtra | 423 | 42 | 19 |
| 20 | Manipur | 2 | 0 | 0 |
| 21 | Mizoram | 1 | 0 | 0 |
| 22 | Odisha | 5 | 0 | 0 |
| 23 | Puducherry | 5 | 1 | 0 |
| 24 | Punjab | 53 | 1 | 5 |
| 25 | Rajasthan | 179 | 3 | 0 |
| 26 | Tamil Nadu | 411 | 6 | 1 |
| 27 | Telengana | 158 | 1 | 7 |
| 28 | Uttarakhand | 16 | 2 | 0 |
| 28 | Uttar Pradesh | 174 | 19 | 2 |
| 29 | West Bengal | 63 | 3 | 3 |
| Total number of confirmed cases in India | 2902 | 184 | 68 | |
ICAI CA Final May 2019 Question Papers with Suggested Answers (Old Course)
| Subject | Question Paper | Suggested Answers |
|---|---|---|
| Paper 1: Financial Reporting | Download | Download |
| Paper 2: Strategic Financial Management | Download | Download |
| Paper 3: Advanced Auditing and Professional Ethics | Download | Download |
| Paper 4: Corporate and Allied Laws | Download | Download |
| Paper 5: Advanced Management Accounting | Download | Download |
| Paper 6: Information Systems Control and Audit | Download | Download |
| Paper 7: Direct Tax Laws | Download | Download |
| Paper 8: Indirect Tax Laws | Download | Download |
Friday, April 3, 2020
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