Dear Esteemed Member of the Media.
I would be most obliged if you could kindly carry the appended press release in your esteemed print media. Kind Regards, John Fernandes <mailto:[email protected]> ---------------------------------------------------------------- <mailto:[email protected]> John Fernandes Membership Relations Manager & <mailto:[email protected]> Executive Officer - Goa State Office <mailto:[email protected]> Confederation of Indian Industry <mailto:[email protected]> 502, Unitech City Center, <mailto:[email protected]> M. G. Road, Panaji, Goa 403 001 <mailto:[email protected]> Tel: 0832 - 2422790 / 2422796 / 9822982979 <mailto:[email protected]> e-mail: [email protected] ; [email protected] <mailto:[email protected]> ---------------------------------------------------------------- CII Goa to organise prog on 'Adapting to the Changing Economic and Regulatory Environment' Panaji: CII Goa in association with KPMG is organizing a half-day session on 'Adapting to the Changing Economic and Regulatory Environment' on 14 October 2014 at Taj Vivanta Panaji. The financial reporting environment is changing dramatically and it is important to stay abreast with changes in reporting requirements. Effective Tax and Accounts Management provides a distinct competitive advantage to business. The programme will provide insights on topics on Indian Accounting Standards and Income Computation and Disclosure Standards, New Companies Act including brief of CSR Modalities, There are also sessions on M&A/Fund Raising Tax Structuring, Recent trends in Indirect tax with Impact of Budget 2014 amendments and High level discussion on GST, and Advance Pricing Agreement. For registration, contact CII Office, John Fernandes on 9822982979. These sessions are expected to assist CFOs, those heading accounts, financial, tax and accounting professionals in firm to stay in tune with the changing business environment. The sessions will be conducted by seven speakers - a panel of senior Partners from KPMG with extensive experience in the relevant areas. Each session will include a Q&A session to ensure your specific queries are addressed adequately. The session on Indian Accounting Standard and Income Computation and Disclosure standards will provide an overview of the proposed adoption of a new set of Indian Accounting Standards (Ind-AS), which are converged with International Financial Reporting Standards (IFRS), focusing on the key areas of differences, proposed roadmap, transition issues, and implementation challenges. The session will also cover the proposed notification of the Income Computation and Disclosure Standards (also called as Tax Accounting Standards) focusing on the key changes proposed in the draft standards and transitional challenges. The session on New Companies Act including brief of CSR modalities will provide an overview of the recent changes in Companies Act 2013. Since the Act was operationalized earlier this year, there have been numerous notifications and circulars, amending and clarifying the requirements of the Act. The session will focus on the practical issues around implementation of these new changes including CSR related provisions. The session on M&A/fund raising tax structuring will provide an introduction to issues that arise from cross-border acquisitions, pre-IPO restructuring, unlocking the value of business, regulatory hurdles in M&A, recent developments in M&A tax structuring and ways to effective tax planning. A session will also cover the recent trends in Indirect tax with Impact of Budget 2014 amendments and High level discussion on GST With a view to curb the growing transfer pricing disputes, in 2012, the CBDT had introduced the Advance Pricing Agreement (APA) regime into the Indian tax statue. The APA regime has been well accepted by the taxpayers and the taxpayers are approaching APA authority both for new as well as existing transactions. The session will give you a perspective on mechanics of APA regime and how one could use the APA route with regard to international transactions. For details contact CII Office on 2422790/6. -- ------------------------------------------------------------------------------------------------------ Disclaimer This message, including any files transmitted with it, is for the sole use of the intended recipient and may contain information that is confidential, legally privileged or exempt from disclosure under applicable law. If you are not the intended recipient, please note that any unauthorized use, review, storage, disclosure or distribution of this message and/or its contents in any form is strictly prohibited. If it appears that you are not the intended recipient or this message has been forwarded to you without appropriate authority, please immediately delete this message permanently from your records and notify the sender. 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