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Finance : Learn how to open a Demat account and invest in IPOs. Understand IPO basics, investor categories, key factors, and the step-by-ste...
Finance : India's 2025-26 budget focuses on sustainability, inclusive growth, and a Viksit Bharat vision, with emphasis on clean energy, agr...
Finance : India faces challenges taxing DeFi. This article explores those challenges, from defining taxable events to expense deductions and...
Finance : Learn how to balance risk and returns by investing in both debt and equity funds. Build a diversified portfolio to achieve short- ...
Finance : Discover the benefits of a zero brokerage Demat account, including cost-effective trading, secure storage, and seamless transactio...
Finance : IFSCA updates fund management regulations, reducing compliance costs, easing investment rules, and enhancing regulatory clarity fo...
Finance : IFSCA replaces Bullion Exchange Regulations with Bullion Market Regulations 2025, expanding scope, refining definitions, and enhan...
Finance : Explore trends in India's household savings, liabilities as a percentage of GDP, and measures for the middle class in the Union Bu...
Finance : Learn about IFSCA regulations enabling foreign universities to set up branches in GIFT IFSC. Details include eligibility, fees, co...
Finance : Reduction in NSS interest rates raises concerns for retirees' stability. Govt cites alternative schemes with higher returns and st...
Finance : Calcutta High Court held that provisions of sub-section (5) section 245C of Income Tax Act is effective only from 1st February 202...
Finance : Madras High Court in the case of coverage of musician service within the meaning of section 65B(44) of the Finance Act dismissed t...
Finance : Gauhati High Court directs refund of Rs. 37.87 lakh to KEC International along with statutory interest, rejecting claims of lost f...
Finance : In present facts of the case, the Hon’ble High Court have given observations on the issue of unstamped arbitration agreement. It...
Finance : Reviewing the landmark UK Supreme Court decision in Barclays Bank UK PLC vs Philipp case. Analysing its global implications on ban...
Finance : IFSCA mandates Fund Management Entities in IFSCs to notify appointments and changes of Key Managerial Personnel, ensuring complian...
Finance : Overview of IFSCA Fund Management Regulations 2025, covering investor criteria, fund valuation, disclosure norms, borrowing limits...
Finance : IFSCA revises SNRR account rules, allowing IFSC units to open accounts outside IFSC for business transactions. New regulations tak...
Finance : IFSCA releases Bullion Market Regulations 2025, setting rules for bullion exchanges, clearing corporations, depositories, and vaul...
Finance : IFSCA corrects formatting and reference errors in the 2024 Regulations for Registration of Factors and Assignment of Receivables. ...
Appointment of external auditors for bank audits continue to be mired in controversy. After the auditing profession regulator, the Institute of Chartered Accountants of India (ICAI), it is now the turn of the bank employees to oppose the freedom given to public sector bank boards to choose the statutory auditor.
The Serious Fraud Investigation Office (SFIO) has initiated probe against 25 individuals and 325 companies related to Satyam. That includes Pricewaterhouse Bangalore, the auditors of the firm. At a time when the government is acting against the auditor in this case, the question that arises now is, will the ICAI act?
The Institute of Chartered Accountants of India will pass a ruling directing all firms to get their internal audits reviewed by an outside’. Uttam Prakash Agarwal, who has replaced Ved Jain as president of ICAI with effect from February 5, said that this practice of an external firm reviewing the internal books of a company […]
The forthcoming interim budget could hold some pleasant surprises. Policymakers are examining all options, including tax cuts, aimed at giving a boost to the slowing economy and relief to industry to prevent job cuts. The Constitution does not restrain an outgoing government from announcing tax measures in an interim budget, ahead of general elections. “Constitutionally, […]
India Inc is against rotation of auditors every few years. At a closed-door meeting with Sebi chairman CB Bhave, nearly 45 top honchos expressed their opposition to this move, being demanded by foreign institutional investors (FIIs). The attendees included K V Kamath, Uday Kotak, Mihir Doshi and U K Sinha.
The government is likely to examine a proposal to mandate listed companies to appoint more than one audit firm in the wake of the Satyam accounting fraud which has adversely affected the image of Corporate India. In addition, stock market regulator Securities and Exchange Board of India (Sebi) may also be asked to appoint audit […]
License Agreement signed with ISACA for ISA Members to officially use IS Auditing Standards, IS Auditing Guidelines and IS Auditing Procedures.
To share and preserve the heritage of the Chartered Accountancy (CA) profession and commemorate the diamond jubilee year of the institute, the Institute of Chartered Accountants of India (ICAI) will inaugurate the country’s first Accountancy Museum on February 2, 2009 at the ICAI Bhawan, Noida.
The self regulatory body for auditors, ICAI is pushing for compulsory rotation of auditors by companies in view of mounting pressure from local financial institutions. “A high-powered committee is currently examining the option and a decision will be taken, based on their recommendation, very soon,” ICAI president Ved Jain told.
After the Satyam scam, the role of chartered accountants (CAs) has come into focus again. This time the Income Tax (I-T) Department has found that CAs have given false certificates, enabling Non-Resident Indians (NRIs) and foreign nationals to evade taxes in India. The government agency has informed the Institute of Chartered Accountants of India (ICAI), […]
