Latest Expert Exchange Queries

Make 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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: VAT Audit :: Central Excise rule to resale the machines to a new company :: TDS :: list of goods taxed at 4% :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: articles on VAT and GST in India :: VAT RATES
 
 
« ICAI »
 Notification CPT - June, 2017
 Notification Final - May, 2017
 Result of the Chartered Accountants Final Examination held in May 2017 and Common Proficiency Test (CPT) held in June 2017 declared.
 Invitation for expression of interest from software development companies for providing software relevant to the Practitioners & CA Firms of ICAI by 31 August, 2017.
 Alternate website for CA Final and CPT May/June 2017 Results
 CPE Events 17th July - 22th July 2017
 Result of the Chartered Accountants Final Examination held in May 2017 and Common Proficiency Test (CPT) held in June 2017 are likely to be declared on Tuesday, the 18th July 2017.
 Result of the Information Systems Audit [ISA] Assessment Test held on 24th June 2017 is likely to be declared on 18th July, 2017.
  Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 10
 Announcement for revision in fee of Expert Advisory Committee (applicable with effect from July 1, 2017)
 IFRS Taxonomy Update - IFRS 17 Insurance Contracts

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