What is the penalty for the non-appointment of women directors?
Provision 149 of the Companies Act says that it is mandatory to appoint a women director. The provision is for the companies listed in the stock market, companies with a share capital of more than 100 crore and companies with a turnover of 300 crore. Companies with these qualities should appoint a women director. […]
ICAI update to old scheme students
The 2024 starts with the new CA scheme examination for foundation, intermediate and final-level students. The CA foundation students write their CA examinations in December and January. The CA intermediate and final students write their examination in May 2024. The new scheme has a different syllabus and article ship training period. The training period […]
Cloud computing job opportunities
CA qualification is eligible for the registration of PhD programs. One hundred and eleven universities, 7 IIMs, and 2 IITs allow CA students to register for the Ph.D. courses. The ICAI has plans to introduce technologies such as artificial intelligence, block chain, and data science. The proposal is waiting for approval from the government. In […]
Importance of Company Secretary in UAE
The corporate environment in UAE has changed and elevated according to the emirate requirements. The foreign companies operate without registration under VAT. Branch entities of parent companies require a full license. The original company will bear the cost of sales as the regulatory cost. The four models that operate in UAE without registration are LLC, […]
Agreement between IGNOU and ICAI
The blog is about the academic collaboration between IGNOU and ICAI. The dignitaries from ICAI and IGNOU signed the MOU. The dignitaries as representatives are ICAI president, CA Aniket Sunil Talati, and Prof. the vice chancellor of IGNOU, Nageshwar Rao, faculties, school of management studies. Indira Gandhi University is in New Delhi. 1985 is the […]
What happens if there is a delay in the appointment of a company secretary?
The blog highlights the recent case study of Dorin India Private Limited. Company secretaries start their job by registering, holding annual general meetings, announcing public listing, and participating in mergers, acquisitions and branding. Creating awareness about the role of a company secretary ensures the standard quality in the companies. Companies with a share capital of […]
CMA 2023 Results:
CMA 2023 results are out in September. RR Academy is happy to train four All-India Rank holders. The students of RR Academy occupied the 11th, 23rd, 40th and 46th places ranks. The students of June 2023 had the option of writing in the old and new syllabus. Many students like to pursue the new CMA […]
How to become a big four partner
The higher authorities working in the big four firms, directors and senior managers get top salaries in the finance industry. Big Four partners also get high-level income. The general thought is that the managers are permanent employees and business partners are for temporary work. The fact is that in terms of monetary benefits and job […]
Penalties in Income Tax Act
In an income tax concealment case, the Ahmedabad bench ruled that a penalty can be issued without a limb amount. The tax penalty is a burden to the taxpayers. Tax Revenue plays a prominent role in economic growth. Direct tax is part of tax revenue. It has a relationship with demand, inflation and supply. The […]
IT Department want to employ cost accountants
In Delhi, the Officials from the Income tax department said that the panel of cost accountants will work to check the correctness of the tax returns. The tax calculations include inventory and price fluctuations. The cost audit brings correctness to the tax calculations. The government want to have a monopoly market in some industries. The […]
