Thursday, 9 October 2014

ICAI releases empanelment of members for Checker assignment for CA Examination to be held in November 2014

ICAI has released the list of members for checkers for CA Exam to be held in November 2014. The prime job of the checkers would be the checking of the totaling of marks etc. in the answer books of CA examinations, after they have been evaluated by the examiners. The checkers positions are being carried out by the assigned/accredited members of the institute who have been empanelled for the purpose.
Applications are also invited from members ( up to 15 years of experience ) to act as “checkers” for calculating and checking the total marks in the answer books for the examinations to be held in November 2014.

It must also be noted that a fresh panel of checkers is prepared for every examination. Hence who have applied once and wish to apply again will also have to apply again. 

Those selected will be informed through e-mail from 1-15 December 2014.

For further clarification/assistance, visit official website or call us at 0120-3054 812, 3054 858 or 495 3758

Note: Eligibility criteria for the application of Checker
  •  None of your relatives, distant or close must be appearing in the CA examination for which you are applying for the post of Checker.
  •     The candidate must not be examiner of books for the same examination.
  •     The candidate are not coaching in any public or private institution or providing home tuition of any sort.
  •    The candidate must not be convicted by any court of law and no disciplinary proceeding is pending against them either by the ICAI/ Disciplinary directorate or by any other organization.
  • The candidate must not be associated with the institute as an elected member of the council/regional council or branch managing committee.

Wednesday, 1 October 2014

Direct Tax Collection For the 2014- 2015

A senior Finance Ministry told that the Net Direct tax collection so far has stood at Rs. 2.60 lakh crore for the current fiscal year.
Till September 26, 2014 the gross direct tax collection for the 2014-2015 has stood at Rs. 3.37 lakh crore.
Out of this the total corporate tax contributed was Rs. 1.55 lakh crore.
Apart from this, collection of Securities transaction Tax, STT and Wealth tax stood at Rs. 3,222 crore and Rs. 357.5 crore respectively.

The government of India has targeted to raise this amount to Rs. 7.36 lakh crore from Direct taxes in the current 2014-105 fiscal year compared to Rs. 6.36 lakh crore which was collected last year

The Central Board of Direct Taxes has Extended the Last Date

September 27, 2o14, New Delhi: CBDT, the Central Board of Direct taxes has extended the last date for filing Income Tax returns to November 30 from the previously stated September 30 in certain cases.
This relief is granted to people who are required to file their income tax return by September 30 and also have to get their accounts subjected to a tax audit.
This decision from CBDT is in sync with its August 20 move to extend the September 30 due date to November 30.
Although the tax audit report furnishing date is extended, there is no word on extending the return fillings date. This has caused a few practical difficulties for the assessees.
The credit for this decision goes to Gujrat High Court. However, CBDT has clarified that there will be no further extension of the due date for the purpose of charging od interest under Section 224A of the Income Tax for late filling of income tax returns.
For the non-tax audit assessees, the last date fot filling of income tax remains the same i.e. September 30.

Tuesday, 30 September 2014

ICAI launches Four Week Residential Programme on Professional Skills Development

The board of studies has launched a new batch of ICAI Four Weeks Residential Programme on Professional Skills development from November 28, 2014 to December 24, 2014 at Centre of Excellence, Hyderabad for male candidates and from December 29, 2014 to January 24, 2014 for female candidates.

The programme will offer a unique opportunity and will focus on development of core skills like, leadership, personal traits for effective Functioning in Business organization and profession. The content of the programme has been thoroughly revised keeping in mind the basic emphasis of the programme on development of communication and writing skills and to imbibe confidence in participants. Greater emphasis is given on soft skill development, personality traits development and overall development in other areas.

Only candidates who have passed charted accountancy IPCC/PCC/PE-II examination and are our pursuing the last year of article training or have successfully completed their Article ship training can join the course directly. Recently qualified candidates can join this course too.

Few of the salient features of the course are:

·         Emphasis and focus on soft skills,  communication skills and personality development
·         It is a part of Article Training
·         No need for GMCS
·         Special sessions on Group discussions and Personal Interviews
·         Preparation of Presentation and Project Skills
·         Building of team spirit and Team working abilities

The registration can be made by submitting 20% of the fees i.e. Rs. 8000 or full fees i.e. Rs. 40,000 through credit card or Net Banking facility using online payment portal.

Registration is given on First come First serve basis.

Friday, 26 September 2014

Tips to Crack NDA Exam and Last Minute Preparation

NDA exam is on September 28, 2014. With less than a day remaining here are some things that one must keep in mind while doings revisions and at the time of exam.

Revising your formulae: With less than two days remaining there isn’t any time left for working on new concepts. The best that one can do is revise what has already been covered and done. Mathematical formulae are one such thing. You will get many questions in exam that require nothing more than correct formula to be applied to find the solution. The key is to remember the formula that is required and a lot of students get confused because there is so much to learn. A quick formulas revision will ensure that no marks get lost on such simple questions. Prepare a list or use the one you have already prepared and revise the formula before you head on to take the exam.

Brushing up your current affairs: as NDA covers a big portion of GK and Current Affairs, it is of prime importance that you revise whatever that you have learned previously in GK and Current Affairs. A quick revision of all that you have learned in GK will ensure that you remember most of the question if they happen to come in the exam.

Do’s and Don’ts for NDA Exam

1.      Check your admit card and stationery before heading on for the exam
2.      Don’t forget to take a quick glance at your formulas list and things to remember
3.      When sitting for the exam, check around you and inside your desk cabin
4.      Keep a watch with you to keep a tab on time
5.      Divide your time into sections and plan this before sitting for the exam so that you may not waste more than the required time on one section and loose marks in the other.

This guideline is suggested by .

Thursday, 18 September 2014

Review Yourself-NDA Exam Just Few Days Away For You

NDA Image

The National Defence Academy Exam just 11 days away from the NDA seekers. Study is the big   and very important aspect to clear the exam but only study is not enough for success rather than planed study is perfect to achieve the positive result. Studying calls for a concerted and conscious mental effort to analyses, examine, and assimilate the points of a topic, to reflect on their effect and to retain, recall and remember what all is assimilated.

"Studying without concentration is like trying to fill a bucket with water when the bucket has a hole in its bottom. It doesn't work"

Major Point -How to Study?

How to study for NDA Exam?The purpose of studying is not just creaming, basic and deep knowledge whether it is basic knowledge is must but expert knowledge is the key of success. Success in NDA Exam not a game ,the success in NDA depends on several points like which Kind of NDA Study Material  you are using,what are your strategies against the exam,how are you studying and etc.

Firstly select your topic and read 5-10 pages quickly then read deeply. As you study, try to understand the concepts, purpose and highlight after that note down the major point separately. You also have to analytically major and put an image in your mind various aspects of discussion of the topic like example:

  • Central -structure and them of the topic.
  • Underlying basic principles,concepts and assumptions.
  •  Try to link  among the concepts,facet and real life.
  • Difference and Similarities among the processes and concepts.
  • Try to grasp steps which are   involved in the various processes.
  •  Make the organized ,clear and brief notes  for all topics.
  • After the complete study of any topic just prepare your notes for deep study and revision.

Create A Study Group

Group discussion is very beneficial to brush up your skills.Set a group meeting twice or once a week to exchange the knowledge.By the group meeting you can learn many new things.

The Nine Study Habits of Successful Students
Only good habits make you a successful students.They apply these all habits to their regular study schedule.
  •  Never study too much at onetime
  •  Fix specific time for study
  •  Make habit to regular study
  •  Set small goals for study times
  •  Start studying when planned
  •  Do hard and early work on difficult topics
  •  Review your study plans and notes regularly
  • Avoid to phone call during your study time.
  • Set a day for review your study and test.

Improving Concentration

  • Study in a peaceful place that is free from  interruptions and distraction.
  • Try to study  at that time of the day when you feel that you work best. Some people work well   late night., others early in the morning.
  • Don’t try to do many tasks at the same time because you won’t be able to concentrate on either.
Be Organized and Disciplined

Only good discipline gives you a path of success.Excellent organization managed your study plan and strategies.  

Other Important Aspects

  • Try to develop  Interest, Respect and Deep Love for Learning
  • Keep your Mind Healthy and open
  • Keep yourself Physically Fit
  • Need for Recreation and Relaxation

                                           "Keep study And All the Best"

Blog following ABC Wednesday for"J"

Tuesday, 16 September 2014

A Glance of Your Target -CPT Exam

What is Common Proficiency Test?

Common Proficiency Test is also referred as CPT. This exam is the starting point to become a Chartered Accountants. CPT exam is organized by the ICAI-The Institute of Chartered Accountants of India.

What Kind of Test?

The CPT Test papers has completely objective type questions and there is also negative marking for each wrong answer. Fundamentals of accounting, Mercantile Laws, general economics and Quantitative Aptitude are the subjects for this exam.

Test Duration:
The Test is divided into two sessions and time limit for each session is 2 hours.

Session I
Fundamentals of accounting
Mercantile Laws


120 Minutes
Session II
General Economics
Quantitative Aptitude

120 minutes

When is the Test Taken?

This exam is held twice in a year. So candidate can opt suitable exam time according to their comfort and preparation.The Institute of Chartered Accountants of India(ICAI) is the organizer of CPT Exam which is  held in the month of June and December.Exam of the month June passed away ,now it is the time to wait for December.

The Eligibility Criteria For CPT  

  • The Candidate who passed 10+2 examination from any recognized institution.
  • If candidate is not passed 10+2 then he/she must be registered with the ICAI.

How to Prepare?

Now it is the time to CPT preparation and study for Exam. Excellent study material, hard work and continuous practice only can you success in CPT exam. You can take various kinds of online study material, video lectures, guidance and  test papers of previous years.So just tie yourself with quality study material, books ,gather your courage and strength for CPT Exam.

Friday, 12 September 2014

Step By Step Guide to Immediate Download of Admit Card for NDA Exam

The Union Public Service Commission  released the  online admit cards and hall tickets for National Defense Academy  and Naval Academy Examination II ,2014 ,which will held on 28 Sep 2014(NDA Exam Date).Downloading  of  started from the 5 September  2014 and you can download it till 28 September 2014.

Candidates, who applied for the NDA Exam or NA II Exam 2014, may download their respective hall tickets or admit cards in the official website of UPSC.

Steps to download the admit card For NDA Exam

A Snapshot Image By

  • Browse the official website of UPSC.
  • Click onto the link “Click Here” which placed below the e-Admit Card - NDA & NA Examination (II) 2014.
  • Enter the details and registration number as instructed.
  • Click on the Submit button to submit the data.
  • UPSC NDA II / NA Exam Admit Card /Hall Ticket 2014 would flash on the screen.

Paper Pattern of NDA Exam
  • NDA exam is organized by UPSC twice a year.
  • This is fully objective type question paper.
  • Total duration of the exam is 2 hours.
  • Paper I for English, Paper II for General Knowledge and Paper III for Elementary Mathematics.
  • Each paper will carry total 100 marks.

Important Points for NDA Entrance Exam

Candidates seeking for UPSC NDA II / NA exam 2014 must have their admit card along with original and valid ID proof like voter ID, Driving license etc.Candidates without admit card will not be allowed to sit for the exam.

So guys be ready to achieve your dream target that is NDA Exam

Following the blog ABC Wednesday for "I"

Thursday, 11 September 2014

National Defence Academy-NDA Exam -A Dream Goal Of Youths

Become an officer in the National  Defence Academy is the dream job of every youth of India. It is also very prestigious   career but the selection is not just like a cup of tea. Regular practice, hard work and excellent study material help you to achieve your dream goal.

Army Officers in Indian Army Parade Image By Google

Officers in Indian Air force Parade  Image By Google

Officers in Indian Army Parade Image By Google

It is very prestigious and grateful to be a part of Indian Armed force. Most of the youths have dreams in their eyes to be an officer in the Indian Army. It is most desirable and charming profession in India. Career in Indian Army full with adventure, thrill, fun, challenges and  always gives you new meaning of your life.

Image By Flickr

Exam Answer Sheet Image By Flickr
Cracking of NDA exam is not an easy deal but nothing is impossible in the world. Only a quality and perfect blend of hard work, deep study in the right direction, deep knowledge of subjects, guidance of seniors, quality NDA study material, perfect management of time, speed, quick response against the problem and sharp eye on daily or current updates is the key of success in NDA entrance exam.

iProf-  TheDigiLibrary  is a reliable and excellent  source of digital study contents. All study material for NDA entrance exam is available on tablets, pen drives, SD cards and video lectures. Customize study material designed by the experienced scholars.

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