e-Focus March 2012 by ICSI
About this eBook
quality and content can be improved on a sustained basis.
Increasing number of students served with dedication and attention resulted in zero waiting list for SIP EDP. Three new centres have been opened under the Public Private Partnership PPP model at Mumbai, Raipur and Vapi. PPP centres are also proposed to be used as extended centres for exam forms, CC collection etc. Of course, these initiatives need to be broad based and much more need to be accomplished in students servicing areas.
CHAIRMAN'S COMMUNIQUE contd. Small steps towards brand building and visibility of Institute included a press conference organised by WIRC, which was addressed by the President, Vice President, Secretary CEO, ICSI and the undersigned. Further, select WIRC programs were covered by business dailies. We need to work a lot more in this direction On a general note, the regulatory landscape continues being dynamic and evolving. We witnessed important changes in combination norms of newly set in anti-trust law. Finally, regulations were amended exempting group mergers from CCI scrutiny great relief to corporates On taxation front, some of the important rulings were pronounced including that on taxation of indirect transfers Vodafone case , slump sale with negative networth and advance ruling on taxation of buy back of shares of a whollyowned subsidiary by holding company. And finally, the Union Budget was presented, with various provisions prospective and retrospective Some of the proposed provisions like general anti avoidance rules, taxation of indirect transfer of shares, negative list for service tax and the like are likely to have far reaching impact on Indian economy. I am sure, by the time you would be reading this, you would have analysed the impact of budget and ensuing challenges and opportunities. We will continue to be in touch over more and more updates and developments. Meanwhile, do write at cschairman.wirc gmail.com Your suggestions and inputs would help achieve the overall objectives towards our theme of the year 2012 Educate, Empower Execute .