« Top Headlines » Open DEMAT Account in 24 hrs  New Income Tax Act: ITR forms to be issued prior to FY28, says govt  GSTR-9C Explained: Turnover Limit, Due Date, Statement Format & How to Prepare It in Tally Prime (2025 Update)  Will Income Tax Department release new ITR forms by January 2026? Finance Ministry says this  The Government of India has strengthened MSME protection through strict payment rules, ensuring that Micro & Small Enterprises receive timely payments from buyers. Under the MSME Development Act (MSMED Act), 2006, buyers must make payments within:  ITR Refund Delays in India: Why They Happen & How to FastTrack Your Refund in 2025  ITR Refund Delay: From Bank Errors To Department Checks, 5 Big Reasons Your Refund Gets Stuck  Income Tax Slabs 2025: New Vs Old Regime; Which One Is Better For You For FY2025-26?  Seamless Integration: How Tally Prime Connects Businesses to the Digital Economy  Govt to notify new ITR forms, Income Tax Act 2025 rules by January 2026: CBDT chief  Digital Efficiency for MSMEs: The Tally Prime Advantage  5 Ways Tally Prime Reduces Cost and Boosts Productivity for Startups «  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.