« Top Headlines » Open DEMAT Account in 24 hrs  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals   Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Why you need not rush to file your ITR immediately  Income tax returns: ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing  Section 80DDB tax benefits for specified illnesses: 5 things to know  Income tax slabs FY 2024-25: Five tips to help taxpayers decide between old and new income tax regimes  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 (AY 2024-25) available now on e-filing income tax portal  How To Save Tax For Salary Above 15 Lakhs? «  I-T dept firm on bringing co-op banks under scanner... CBEC`s reforms survey for a bit of soul searching... » CA syllabus to be revamped July, 18th 2006 The Institute of Chartered Accountants of India (ICAI) is gearing up to match industry expectation in every possible manner.    Harinderjit Singh, central council member, ICAI said, "Around 90 per cent of fresh CA pass outs are opting for jobs in the industry and remaining are coming into professional practice. The picture is exactly opposite of what used to be a decade ago."    Keeping the new demand in mind, ICAI is in the process of revamping its entire syllabus.    "We will be including several new papers of study in our syllabus keeping the emerging areas in mind. ICAI will include Generally Accepted Accounting Principles in the United States (US GAAP), International Financial Reporting Standards and International Accountings Standards (IAS) amongst others in the new syllabus that it is likely to be disclosed in next fortnight," he added.    He was speaking on the sidelines of the all India conference on 'Professional Enrichment & Excellence-Widening Horizon'.    Singh noted that there is huge demand of CAs in business process outsourcing (BPO) firms. The average salary received by successful CA pass outs this year at the institute's campus recruitment was Rs 6 lakh per annum with the highest touching Rs 15 lakh pa, he noted.    "CA students are required to do compulsory articleship in a practicing CA firm. They rarely develop industry experience and get 'practice' orientation. The institute is trying to address this issue keeping the requirement of time," Singh added.    Meanwhile, the institute has taken initiative to come up with 'white paper' with detailed note on industry requirement.    "We are in the process of distributing questionnaire at various seminars to industry representative and our members asking for their expectation and requirement. We are expecting the white paper to be ready within this year end," added Singh.