Tally for CAs in Industry Silver Edition (Single User) Tally Renewal (Auditor Edition) Need Tally for Clients? (Tie-up with us!!!)
Open DEMAT Account with in 24 Hrs and start investing now!
Professional Updates »
Open DEMAT Account in 24 hrs
 Exposure Draft of Deferred Tax related to Assets and Liabilities arising from a Single Transaction - Amendments to Ind AS 12, Income Taxes
 Aligning the Time Limit of Generating UDIN from 15 days to 60 days
 Please pay Membership/COP fee by 30th September, 2021 to avoid removal of Membership/COP and consequential effects
 CMI&B invites Nominations for 15th ICAI Awards. Nominations opened from 15.09.2021.
 Notification for FAFD Assessment Test Scheduled on 11th September, 2021 from 10 am to 12 pm
  Amendments in Regulations 58 of Chartered Accountants Regulations, 1988 - Supplementary Articles
 Relaxation in Study Period for students appearing in May, 2022 Intermediate Examination after passing July, 2021 Foundation Examination
 Announcement for registration open for Batch 7 of Certificate Course on CSR.
 Exposure Draft of Guidance Note on Division I - Non Ind AS Schedule III to the Companies Act, 2013(Comments to be received by September 10, 2021)
 Exposure Draft of Revised AS 36, Impairment of Assets
 Amendment in Companies (Appointment and Qualification of Directors) Rules, 2014- A Chartered Accountant in practice for atleast 10 years is not required to clear online proficiency test to become Independent Director
 
 
 
 

Amendment in Companies (Appointment and Qualification of Directors) Rules, 2014- A Chartered Accountant in practice for atleast 10 years is not required to clear online proficiency test to become Independent Director
August, 26th 2021

This is to inform you that the Ministry of Corporate Affairs vide its notification dated 19 th August 2021 has amended the provisions of Rule 6 of Companies (Appointment and Qualification of Directors) Rules, 2014 to relax the requirements for passing self-proficiency test in respect of certain individuals/professionals.

Accordingly, now the Chartered Accountants who are or have been, in practice for at least ten years are not required to pass the online proficiency self-assessment test to become Independent Director.

 

The following amendments have been made in the aforesaid Rules. Analysis of which is given below:

For more information

Home | About Us | Terms and Conditions | Contact Us
Copyright 2021 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting