Wednesday, January 23, 2013

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Chartered Accountancy Course

The Indian Chartered Accountancy Course is the membership qualification course offered by the Institute of Chartered Accountants of India (ICAI). Any person who wants become a member of ICAI and designate himself as a Chartered Accountant in India has to pass this course. This course is a optimum blend of practical and theoretical education. It consists of three levels of examinations and three years of practical training under a practising Chartered Accountant. The Chartered Accountancy course is considered to be one of the rigorous professional courses in India but not difficult if one puts his fullest efforts.
Requirements for becoming a Chartered Accountant:
Under the existing chartered accountancy scheme of education, training and examination, the requirements for becoming a chartered accountant are as follows:
  • Enrol with the Institute for Common Proficiency Test (CPT) after passing class 10th examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto.
  • Appear in CPT after appearing in the senior secondary examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto and after completion of specified period (60 days) from the date of registration for CPT with the Board of Studies as on the first day of the month in which examination is to be held, viz., students registered on or before 1st April/1st October will be eligible to appear in June/December examination, as the case may be. However, candidate should pass both CPT and 10+2 before registering for Integrated Professional Competence Course (IPCC).
  • Enrol for Group I or Group II or for both Group I and Group II of Integrated Professional Competence Course (IPCC) to become “Chartered Accountant”.
  • Successfully complete 9 months of study course from the date of IPCC registration.
  • Successfully complete Orientation Course of one week spanning 35 hours and covering topics, such as personality development, communication skills, office procedure, business environment, general commercial knowledge, etc., before commencement of articled training.
  • Successfully complete 100 hours Information Technology Training (ITT) before commencement of articled training.
  • Appear and pass Group I as well as Group II of Integrated Professional Competence Examination (IPCE). Group I is composed of four papers and Group II is composed of three papers.
  • Register as Articled Assistant for a period of 3 years, on passing either Group I or both the Groups of IPCE.
  • Register for CA Final Course and prepare for CA Final Examination.
  • Undergo General Management and Communication Skills (GMCS) (15 days) course while undergoing Final Course and serving the last 12 months of articled training.
  • Complete 3 years period of articled training.
  • Appear in the Final Examination on completion of the practical training or while serving last 6 months of articled training on or before the last day of the month preceding the month in which the examination is to be held.
  • Pass final examination and complete GMCS, if not completed earlier.
  • Enrol as a member of ICAI and designate as “Chartered Accountant”.
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Saturday, January 19, 2013

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Rohtak- The Emerging Indian City

 
Till a few years ago, Rohtak used to be a sleepy town on NH-10. Despite being just an hour-and-a-half drive away from Delhi, it remained untouched by development and modernity. On weekends, youngster would travel to Gurgaon just to see its skyscrapers and swanky malls.

Well, that was then. Today, Rohtak has emerged as a political capital of Haryana as chief minister Bhupinder Singh Hooda has not forgotten his homeland. Things have changed quite drastically since 2005. New roads have been laid across the city and NH-10 is going through an expansion. The education sector has got a big boost after the city pipped the rest of the NCR to be home to the Indian Institute of Management. Maharshi Dayanand University and Pandit Bhagwat Dayal Sharma Post-Graduate Institute of Medical Sciences ( PGIMS) are among the finest educational institutions in north India. That's not it.

Every second street has an English-only school, some of them being centrally airconditioned. The old cricket stadium has been replaced by Rajiv Gandhi Sports Complex, which hosts world-class facilities. A decade ago, the city had only Maruti 800s and a few SUVs. Today, there are more than 200 super luxury cars like Mercedes, Audis and BMWs. About 500 new cars hit the city roads every month, clogging its narrow roads. Rohtak, which was then famous for its 'gajak', now has a multiplex where youngsters chew on Dominos and down Baskin Robbins. Two new malls are coming soon.

Don't be impressed by all this, because a new Rohtak is created on the outskirts - one that can challenge Gurgaon tomorrow. Here, the Hooda government is developing an industrial model township on 5,500-acre land. MNCs like Maruti Suzuki, Asian Paints, Suzuki Motorcycle, Nippon Carbide, Amul Dairy, Lakshmi Precision Screws and Aisin Automotive have launched work on projects worth Rs 5,000 crore.

With this, integrated townships like Omaxe City and Sun City & other real estates companies are coming up. Land rates have gone up by two-to-three folds in last few years.
Last month, during the foundation stone-laying ceremony of its only R&D facility outside Japan, Maruti Suzuki managing director Shinzo Nakanishi said that like Gurgaon, Rohtak will soon make its mark on the international automobile market.
Hooda's strategy for Rohtak's development has been infrastructure-driven. As a result, the city has well-carpeted roads, six flyovers, glittering streetlights, big roundabouts, and a solid drainage system. Roads to Panipat, Hisar, Bhiwani, Jhajjar and Sonipat are also being expanded. The Rohtak-Delhi rail section is also being electrified and Jhajjar-Rewari railway line is started now and a proposal of laying a new railway line to Meham-Hansi is also in the pipeline.

(Source:http://articles.timesofindia.indiatimes.com/2012-05-15/gurgaon/31712366_1_rohtak-aisin-automotive-roads)
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