List of the elected to candidates for Twenty Third Regional Councils of the ICAI

Western India Regional Council Sl.No. Names Membership No. Place 1. CA. Agarwal Balkishan 120645 Surat 2. CA. Agrawal Vimal Kumar 402808 Bhayandar 3. CA. Alshi Rakesh Ganpat 101083 Mumbai 4. CA. Arun Anandagiri 116887 Pune 5. CA. Bajaj Lalit Laxminarayan 104234 Bhayandar 6. CA. Chitale Sushrut Mukund 119293 Mumbai 7. CA. Desai Drushti Rahul 102062 … Read more

Unique Document Identification Number (UDIN) – FAQ

What is Unique Document Identification Number (UDIN)? Unique Document Identification Number (UDIN) is a unique number, which will be generated by the system for every document certified/ attested by a Chartered Accountant and registered with the UDIN portal available at https://udin.icai.org/. What is the Algorithm of UDIN? Algorithm of UDIN comprises of the following: The … Read more

ICAI signs MoU with CPA Canada

The Institute of Chartered Accountants of India (ICAI) has signed the Memorandum of Understanding (MoU) with the Chartered Professional Accountants of Canada (CPA Canada) on November 17, 2018 in Toronto, Canada. Signing of the MoU between ICAI & CPA Canada would facilitate mutual recognition of each other’s qualification and admit the members in good standing … Read more

ICAI compliments Union Cabinet for Approving MOU with The South Africa Institute of Chartered Accountants (SAICA)

The Union Cabinet chaired by Hon’ble Prime Minister Shri Narendra Modi has approved the Mutual Recognition Agreement between the Institute of Chartered Accountants of India (ICAI) and The South African Institute of Chartered Accountants (SAICA) to establish a mutual co-operation framework for the advancement of accounting knowledge, professional and intellectual development, advancing the interests of … Read more

Guidelines for starting an MLM Business

What is Multi-Level Marketing Company (MLM Company)? MLM (Multi-level marketing company) is a marketing promotional strategy in which a sales person sells the products or services for particular MLM business and recruits new sales promoters under his/ her downline to further sales of products and services. this is a system of marketing in which a … Read more

Important features of the UAE VAT Law

One of the reasons for introduction of VAT in GCC is that, to add a new source of income to Government. Now they are mainly dependent on sale of Crude, Natural Gas, and other products of hydrocarbons to generate revenue for spending on public welfare. It is a tax on supply of goods or services … Read more

Government has exempted POS devices from Central Excise Duty, CVD and SAD

The Government has demonetised the currency notes of Rs 500 and Rs 1,000 with effect from mid-night of 8th-9th November, 2016. Along with this, the Government has also laid increased emphasis on promoting digital payments. Point of Sale (POS) devices are used for cashless transactions, both for making payments or disbursing cash. POS do not … Read more