The Chartered Accountants Association, Surat (CAAS), addresses the Finance Minister regarding systemic issues within the GST framework, including data privacy, registration delays, refund challenges, misuse of power, inter-departmental discord, amnesty scheme flaws, staff shortages, penalty application, communication irregularities, and appellate delays. The letter also proposes a “GSTCoin” system to enhance transparency and efficiency.
The IFSCA seeks public comment on new draft regulations aiming to increase transparency and stakeholder participation in drafting and amending regulations and subsidiary instructions for IFSCs.
MHA pushes states to implement ‘Support to Poor Prisoners Scheme’ for bail/fine aid, citing low fund utilization and prison overcrowding concerns.
The Election Commission introduces mobile phone deposit facilities for voters at polling stations and rationalizes canvassing norms, allowing unofficial ID slip booths beyond 100 meters.
Learn about DoT’s Financial Fraud Risk Indicator (FRI) tool, designed to enhance cyber fraud prevention and intelligence sharing with financial institutions.
The ICAI reminds members to complete pending CPE hours for Calendar Year 2024 by June 30, 2025, or face escalated non-compliance consequences.
Explore India’s economic progress driven by MSMEs and startups, their impact on jobs and exports, and the pivotal role of Chartered Accountants and ICAI initiatives.
The ICAI has released the September 2025 examination schedule for Foundation, Intermediate, and Final CA courses, including dates, timings, and application details.
SEBI circular simplifies margin pledge, invocation, and sale of client securities for brokers, addressing operational issues and improving efficiency.
Understand income tax for Indian freelancers and influencers. Learn about presumptive taxation (Section 44ADA), claiming deductions, and selecting the correct ITR form.