Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
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: cpt :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: form 3cd :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: VAT Audit :: list of goods taxed at 4% :: due date for vat payment
  Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS)-Information Technology Test
 CPE Events 19th March - 24th March 2018
 Advertisement for Invitining Consultants to Work With ICAI Accounting Research Foundation on Research Projects (in Chennai)
 Question Bank on IBBI Limited Insolvency Examination
 Here's how you can fix it Made a mistake while filing tax returns?
 Government Nomination on the Bench II and Bench III of the Disciplinary Committee Bench II and III
 Stringent Action Against Adoption of Unfair Means
 Guidance Note on Audit of Banks 2018 edition issued by the Auditing and Assurance Standards Board
 Assessment Test of the Certificate Course on International Taxation organized by the Committee on International Taxation of ICAI -15th April, 2018 (Sunday)
 Advisory for the Members regarding Allocation of Work among the Joint Auditors in case of Bank Audits
  Group to Study the Amendments Proposed by the High Level Committee set up by the MCA

ICAI, Infy to study norms to counter cartelisation
August, 20th 2008

Accounting regulator Institute of Chartered Accountants of India (ICAI) has initiated a study that will look into the policy framework of mergers and acquisitions from the touchstone of competition laws. The move comes in the backdrop of apprehension in the government that price manipulation and cartelisation may have gripped key sectors such as cement, steel and telecom.

The regulator, at a board meeting of its core research body Accounting Research Foundation (ARF) on Tuesday, decided to study the policy that governs joint ventures, and the regulatory safeguards to counter the ills of cartelisation. The research study has been initiated as part of the regulators MoU with information technology giant Infosys.

We encourage capacity-building measures for joint ventures. The idea of the study is to understand the causes and effects of cartels vis--vis joint ventures, ICAI president Ved Jain told ET. Maintaining that the study is solely a research initiative of the regulator, Mr Jain said suggestions evolving from the study will be forwarded to the government.

Cartelisation which in simple terms means coming together of competing entities to distort competition affects the consumer. While the government considers cartelisation a negative force in its efforts to contain the spiralling inflation, the country still lacks regulatory teeth to counter it. With market regulator MRTPC lacking teeth to rein in suspected cartel formations and the upcoming Competition Commission of India (CCI) yet to get its enforcement rights, the economy stands susceptible to such unethical business practices.

The meeting, attended by Infosys officials, also approved a research proposal to study the process employed by domestic companies towards creation of intellectual assets and fostering a culture of intellectual property rights (IPR). The study lays its thrust on the needs and requirements for domestic companies in their endeavour to create a competitive structure of intellectual capital.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Quality Assurance Services Testing and Re-testing

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