Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: ACCOUNTING STANDARDS :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: due date for vat payment :: list of goods taxed at 4% :: TDS :: empanelment :: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company
 
 
« ICAI »
 Pre-Budget Memorandum - 2018 Direct Taxes And International Tax
 ICAI submits Pre-Budget Memoranda-2018
 Four Weeks Residential Programme to be held from 29th January, 2018 to 25th February, 2018 at Centre of Excellence, Hyderabad for Women Participants only.
 Group for Refurbishing of ICAI Main & Annexe Buildings
 CPE Events 4th December - 9th December 2017
 President's Message - December 2017
 Draft Bank Branch Auditors’ Panel for the year 2017-18.
 CPE Events 27th November - 2nd December 2017
 Digital Accounting and Assurance Board of ICAI Online Survey 2017 is Now Open- Seeking Member's Input
 Zone-shifting of candidates of Common Proficiency Test (CPT) Scheduled to be held on 17th December, 2017 (Sunday)
 Application Form for the Information Systems Audit (ISA) Assessment Test - December, 2017 [Last Date - 6th December, 2017]

ICAI - Review of Indo-Singapore CECA
July, 13th 2010

Review of Indo-Singapore CECA Services Agreement
The Comprehensive Economic Cooperation Agreement (CECA) between India and Singapore came into force on August 1, 2005. . It was the first comprehensive trade agreement India signed with any trade partner and was aimed at facilitating trade in goods and services and investment between the two countries.

The present exercise is regarding review of the trade in services based upon the working of the provisions contained in Chapter 7 (Trade in services) and Chapter 9 (Movement of Natural Persons).

It was also agreed that Mutual Recognition Agreements (MRA) between the professional bodies of the two states will be entered into, which will allow doctors, dentists, nurses, accountants and architects trained in India to practise in Singapore and vice-versa.

It has undergone one review in 2007, as per the agreed schedule and concentrated on implementation issues.

A fresh review will soon be underway and has been announced by both nations. As part of the India-Singapore Bilateral Economic Roadmap drawn between the two sides, the following issues relate to Services:
  • Assess implementation of CECA Services Chapter with a view to further improvement.
  • Expedite conclusion of MRAs for dentistry, medical, nursing, architecture, accountancy and company secretary professionals on priority
  • Explore expansion of the provisions of CECA to liberalize and facilitate movement of Indian professionals to Singapore.
From an Indian perspective the initial years have seen several unforeseen problems such as the inability/unwillingness to conclude the mutual recognition agreements (MRAs) on the professional services of interest to India. These procedural issues must be sorted out, in the hope that bilateral trade flows in commercial services will grow at a comparable pace as the merchandise trade growth.

A Questionnaire is formulated to assess the impact of the India-Singapore CECA with respect to the Indian Services Sector.

[The Indian commitments in the CECA for Services can be accessed at http://commerce.nic.in/ceca/anx7a.pdf.

Similarly, the Singaporean commitments are available at http://commerce.nic.in/ceca/anx7b.pdf. ]

The chapter on Movement of Natural Persons is available at http://commerce.nic.in/ceca/ch9.pdf.

Questionnaire

All the replies can be marked at ia@icai.in by 16th July 2010

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Contact Us

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions