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English Release 5-March 2015
Date Month Year
  • President's Secretariat
  • President’s Holi greetings
  • Vice President's Secretariat
  • Vice President greets citizens on Holi
  • Prime Minister's Office
  • PM's remarks on the occasion of dedication to the nation of Stage 1 of Shree Singaji Thermal Power Plant at Khandwa
  • PM greets the people on the festival of Holi
  • Department of Space
  • Launch of PSLV-C27 with IRNSS-1D postponed
  • Election Commission
  • Biennial Election to Elect 5 Members to the Andhra Pradesh Legislative Council by the Members of the Legislative Assembly
  • Min of Agriculture
  • Sowing Area Under Rabi Rice and Summer Pulses And Oilseeds
  • Min of Comm. & Information Technology
  • The Auction of Spectrum in 2015 in 2100 MHz, 1800 MHz, 900 MHz and 800 MHz Bands Continues
  • Ministry of Finance
  • Gross Direct Tax Collection during April-February of the Financial Year 2014-15 is up by 10.67 Percent
  • Min of Health and Family Welfare
  • Health Secretary launches Public Service Advertisement and Poster on Tobacco Control featuring Shri Rahul Dravid
  • Health Ministry to celebrate International Women’s Day as ‘Safe Motherhood Day’: Shri J P Nadda
  • Min of Home Affairs
  • Shri Amarnathji Yatra from 2nd July to 29th August, 2015
  • Min of Human Resource Development
  • Swachh Vidyalaya Abhiyan
  • History of North East in NCERT Curriculum
  • Education to Minorities
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 58.51 per bbl on 04.03.2015
  • Min of Science & Technology
  • Signing of MOA Between NRDC and CCRAS

Previous Date

 
Ministry of Corporate Affairs04-December, 2012 20:29 IST
Independent Regulator for Auditors

The Parliamentary Standing Committee on Finance which examined the Companies Bill, 2009 and the Companies Bill, 2011 had recommended that the National Advisory Committee on Accounting and Auditing Standards (NACAAS), proposed in the Companies Bill, 2009, be institutionalized not only as a body for setting up auditing standards but also as a quasi-regulatory body for generally supervising the quality of audit undertaken. Giving this information in written reply to a question in the Rajya Sabha, Shri Sachin Pilot, Minister of Corporate Affairs, said that keeping in view the recommendation, the provisions of clause 132 of the Companies Bill, 2011 provides for constitution of National Financial Reporting Authority (NFRA) to (i) make recommendations on the formulation and laying down of accounting and auditing policies and standards; (ii) monitor and enforce the compliance with such standards; (iii) oversee the quality of service of the relevant professions and suggest measures required thereto and (iv) take necessary action in certain cases against professional misconduct against chartered accountants.

Shri Pilot also informed the House that a report titled “Corporate Governance in India from Policies to Reality” brought out by Indian Institute of Corporate Affairs (IICA) recommends an independent regulator for auditors.

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