New Companies Bill to be passed soon: PM

Prime Minister Manmohan Singh yesterday at a function of Indian Institue of Corporate Affairs expressed the hope that the new Companies Bill which seeks to update Companies Act, 1956 will be passed in the parliament shortly.
Currently, the bill is being scrutinized by the Standing Committee, after Bharatiya Janata Party (BJP) pointed that the bill was significantly different from the original one. The Standing Committee, headed by Senior BJP leader Yashwant Sinha is likely to finalize it's reports on Companies Bill on April 20.
The key features of this bill are -
» Mandatory maintenance of documents in electronic format
»Better ethical corporate behaviour
»Introduction to e-governance

p.S. : So should we expect big things from the bill as budding Company Secretaries?
Though some people are expecting that this bill will add more scope to the functions of a Company Secretary, I believe we have to wait a little longer to find out what this bill holds for us.

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Top 10 Blogs related to Indian Accounting, Taxation and Corporate Laws

Hi there friends,

I had been thinking of making this post for some time now. If you are someone who keeps looking for blogs related to the our soon to be profession, you may have been quite disappointed since the number of ca/cs/cwa bloggers who blog on india specific taxation, accounting and corporate law issues is really meagre.However there are some bloggers who have kept the hope alive and as a matter of fact doing great online.

The list will be regularly updated to include new blogs and to eliminate inactive blogs. In my opinion you must check the following blogs:
Professional Blogs
Talking Tax In this tax blog by Lubna Kably, an experienced international tax consultant and newspaper columnist,the very popular Zenobia auntie discusses her hopes and worries about the current taxation issues.

Indian Corporate Law "A blawg containing a periodic review of topics of interest in corporate and business law that impact India", as explained in the title banner of the blog specially deals in recent amendments and issues relating Indian corporate laws. This is a group blog where the posts are contributed by Chartered Accountants, Advocates, Solicitors as well as professors.

Exam-related Blogs
CAStudentHelpingHand A blog by CA Vivek M is solely for the help of budding CA/CWA/CS students. The blog also has a wide array of downloadable resources like Accounting Standard Interpretations, IFRS materials, numericals and compilations of CA exam questions etc.


Do you know some good blogs that are worth checking out for CA/CS/CWA students? Why not share it in the comment space below.

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