I am pleased to announce that the launch of the New Scheme of Education and Training for the Chartered Accountancy course is scheduled for July 1, 2023 in the august presence of Chief Guest Hon’ble President of India, Smt. Droupadi Murmu during the CA Day event. This marks a significant milestone for all of us, and I express my gratitude to my Council, and the entire Team ICAI for their efforts in making this possible.
Ministry of Finance has issued a notification amending the National Savings (Monthly Income Account) Scheme, 2019 by National Savings (Monthly Income Account) (Fourth Amendment) Scheme, 2023. Learn about the changes made, including revised maximum investment limits. Stay updated with the latest amendments to this savings scheme.
Ministry of Finance has issued a notification amending the Post Office Savings Account Scheme, 2019. Learn about the changes introduced, including an increase in the number of adults allowed for joint accounts and new provisions for withdrawals. Stay updated with the latest amendments to the savings account scheme.
Ministry of Finance has issued a notification introducing amendments to the Government Savings Promotion General Rules, 2018. Learn about the changes made, including provisions for account opening, operation, nomination, and payment of claims. Stay updated with the latest rules governing government savings schemes.
In June 2023, India’s gross GST revenue hit ₹1,61,497 crore, indicating a 12% year-on-year growth. This marks the fourth instance where the gross GST collection has surpassed the ₹1.6 lakh crore mark since the implementation of the GST regime. It also marks the 16th consecutive month where the collections have been more than ₹1.4 lakh […]
The Income Tax Department has issued a clarification regarding the PAN-Aadhaar linking process, addressing difficulties faced by PAN holders.
Discover the National Stock Exchange of India’s master circular for listed entities. This circular provides a comprehensive compilation of relevant and updated circulars and guidelines issued by the exchange, allowing listed companies to easily access and comply with regulatory requirements. Ensure continuous compliance by referring to the applicable circulars and guidelines mentioned in the master circular.
Professional Development Committee of ICAI announces change in cut-off date for the Bank Branch Auditors Panel. Learn about revised date, submission guidelines, and implications for chartered accountants and firms.
Read the analysis of the Competition Commission of India’s decision in the N. Rajesh Kumar vs Shubham Consumer Durables Pvt. Ltd. case. The Commission concludes that no violation of the Competition Act is established, dismissing allegations of cheating, misappropriation, and fraud.
Banks in India offer various accounts to suit all sorts of financial needs. Savings accounts, salary accounts, and current accounts being the most prominent ones, are extensively used to accommodate monetary and transactional requirements of different natures.
