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    Amendments to the Combination Regulations – Relief to Corporate entities by making process of filings simpler.
    Status of Admission to Company Secretaries (CS) Executive Programme.
    Dr. M. Veerappa Moily Express Grief on the Death of Dr. V.S Acharya, Minister for Higher Education in Karnataka
    GUIDELINES FOR CONVERSION OF COST ACCOUNTANTS FIRMS (PARTNERSHIP/PROPRIETARY) INTO LIMITED LIABILITY PARTNERSHIPS
    ICSI Launches New Syllabus for CS Foundation Programme.
    DR. M.Veerappa Moily Stresses for A Corporate Culture attuned to the Values of Good Governance–Accountability, Transparency,Responsibility and Respo...
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February 24, 2012
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Merger notification threshold change: simplified filing categories and expanded exemptions streamline mandatory notification and form requirements.
Amendments to the Combination Regulations raise the cumulative shareholding/voting notification threshold, exempt wholly owned intra-group mergers, include certain buy-backs and rights-issue subscriptions in Schedule I, broaden authorized signatories to include the company secretary, simplify and unify Form I with added asset and turnover disclosures, preserve the option to file Form II for significant overlaps, introduce attribution of assets and turnover for Section 5 calculations, allow belated Form III filings with documentary requirements, and increase filing fees while requiring a brief summary with notices.
February 20, 2012
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Admission eligibility for CS Executive Programme: graduates excluding fine arts may enroll in Institute distance professional training.
Admission to the Company Secretaries Executive Programme is open to graduates (excluding Fine Arts); enrolment by the stated cutoff confers eligibility to sit the Institute's Executive examination. Instruction is delivered principally by compulsory postal tuition with optional oral coaching. Prospectus and application forms are available for purchase at designated offices or by registered post for a fee. The Institute operates as a statutory national professional distance-education body, and successful candidates must complete Practical and Modular Training after examinations to qualify.
February 14, 2012
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Official condolence: ministerial tribute emphasises the deceased's public probity and service as a significant loss to the state.
Official condolence by the Union Minister for Corporate Affairs on the sudden death of a state Minister for Higher Education, conveyed to the bereaved family and praising the deceased's municipal leadership, informed ministerial conduct and exemplary public probity as a significant loss to the state.
February 14, 2012
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Conversion to LLP: name approval, registration and retained seniority govern Cost Accountant practices under professional regulations.
Conversion and formation into Limited Liability Partnerships must comply with the LLP Act and Rules and ICAI requirements; LLP names containing 'Cost Accountant' require ICAI approval, registration requires submission of ICAI application with Registrar-issued name registration, and converted LLPs inherit firm seniority and the applicable firm registration number format. Converted or new LLPs remain subject to the Institute's Regulations and Code of Ethics and may practice only within the professional objects authorized under the Institute statute and LLP incorporation documents.
February 2, 2012
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New syllabus for CS Foundation introduces OMR exams and self-study eligibility; coaching completion certificate discontinued.
ICSI revised the CS Foundation Programme syllabus into four papers and instituted OMR objective examinations while allowing self-study candidates and removing the coaching completion certificate requirement. The new syllabus is effective 1 February 2012 with examinations starting December 2012. Admission to the eight-month programme is open to higher secondary qualified candidates subject to registration cut-off dates; online registration and electronic payments are provided. A 24x7 e-learning portal supplies Web Based Training, Video Based Training and Live Virtual Classroom support.
February 1, 2012
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Corporate Social Responsibility: CPSEs must embed good governance and sustainable stakeholder-focused CSR strategies beyond statutory duties.
The Department of Public Enterprises' Guidelines on Corporate Social Responsibility for Central Public Sector Enterprises define CSR as a company commitment to operate in an economically, socially and environmentally sustainable manner beyond statutory requirements, and prescribe planning, implementation, research, documentation, advocacy, promotion, monitoring and funding of CSR activities. CPSE CSR practice should reflect the values of good governance-accountability, transparency, responsibility and responsiveness-and deploy operational strategies to engage low-income populations as partners in value creation.

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Acts Income Tax