Income Tax : The Income Tax Bill 2025, set to replace the 1961 Act, redefines the role of Chartered Accountants in tax compliance and represent...
CA, CS, CMA : Direct taxation in India is plagued by mishandling, ignorance, and reliance on settlement schemes, risking the financial stability...
CA, CS, CMA : For trainees, the stipend is not merely a financial benefit but an acknowledgment of their hard work and a means to manage their d...
CA, CS, CMA : Learn the pros and cons of shifting to private practice as a Chartered Accountant, with insights on risk tolerance, confidence, de...
CA, CS, CMA : Tragic death of a young employee highlights importance of balancing professional, personal, and social lives, urging businesses to...
CA, CS, CMA : ICAI releases CA Intermediate & Foundation exam results for Jan 2025. Check pass percentages, toppers, and result details. Visit I...
CA, CS, CMA : ICAI announces BoS Series I & II virtual sessions for CA Final May 2025 aspirants, starting March 24 & April 16. Get expert guidan...
CA, CS, CMA : ICAI announces CA Foundation Mock Test Series I & II for May & Sept 2025 exams. Tests start April 22 (Series I) & May 5 (Series II...
CA, CS, CMA : ICAI announces CA Intermediate BoS Exam Series I & II for May 2025 exams. Sessions start March 20 (Series I) & April 8 (Series II)...
CA, CS, CMA : ICAI announces CA Intermediate Mock Test Papers for May 2025 exams. Tests will be held in physical and virtual modes. Check the fu...
Goods and Services Tax : Andhra Pradesh HC stays ICAI decision to remove a Chartered Accountant accused of fake GST invoicing, providing interim relief pen...
CA, CS, CMA : Read the full NCLT judgment/order on Union of India Vs CA. Ramaiah Nataraja. Bengaluru CA barred from statutory auditor role for c...
CA, CS, CMA : Delhi High Court rules that ICAI can hold entire CA firms accountable for misconduct, even if individual guilt isn't found. Full j...
CA, CS, CMA : Patna High Court dismisses a Chartered Accountant firm's petition for non-empanelment due to non-compliance with tender conditions...
Goods and Services Tax : Learn about the Delhi High Court's ruling in Svera Agro Ltd. v. Commissioner of Central Tax, stating CA certificates are not neede...
CA, CS, CMA : ICAI corrects formatting errors in CA Firm Merger Guidelines 2024, addressing alignment issues in seniority, partnership firms, an...
CA, CS, CMA : The Board of Discipline reviewed allegations against CA. Upendra Muley, focusing on fraud claims. Findings highlight lack of evide...
CA, CS, CMA : ICAI Board of Discipline finds CA not guilty in a dispute over a No Objection Certificate for a new auditor appointment, citing co...
CA, CS, CMA : ICAI Board of Discipline finds CA Hari Sethumadhavan Nair not guilty in case related to Swan Telecom funding and UAS licenses, cit...
CA, CS, CMA : ICAI Board acquits CA Gautam Doshi, citing lack of evidence and judicial precedents from the 2G spectrum case. Detailed findings a...
Every Company working toward timely close of the financial records should Establish correct processes and systems, a reliable accounting system, Hire the right people, Written process and procedures in the accounting department.
Unlock successful job opportunities with these strategic tips for Chartered Accountant (CA) aspirants. From early planning to effective networking, discover the key steps for a competitive edge in the job market.
. One of the most significant changes is the requirement for CAs, CSs, and CMAs to report suspicious transactions to the Financial Intelligence Unit (FIU) within 15 days of identifying them, up from the previous requirement of 7 days. Failure to comply with this requirement could result in a penalty of up to Rs. 10 lakh.
As finance professionals, we are all familiar with the concept of prudence. In accounting, prudence is the principle of exercising caution when making estimates or judgments about uncertain events or transactions.
Dear Professional Colleagues, As, I reflect over the recent developments and emerging trends shaping the future of the profession, I understand that one of our profession’s main premise is about building better future and supporting economic progress of society. As professionals, our role is to facilitate the development of society by effectively linking various aspects […]
Discover the recent amendments to Indias Prevention of Money Laundering Act (PMLA) expanding its scope to include professionals like Chartered Accountants, Company Secretaries, and Cost and Works Accountants. Learn about the implications, compliance requirements, and the government’s efforts to strengthen the legal framework against money laundering and financing of terrorism in India.
the Finance Ministry has brought in practicing CS, CA, CMA carrying out financial transactions on behalf of their clients into the ambit of the money laundering law.
Explore the implications of the latest PMLA notification, bringing practicing professionals in CA, CS, and CMA under its purview for financial transactions on behalf of clients. Stay informed to ensure compliance and avoid penalties.
Explore the comprehensive procedure and criteria for Chartered Accountant firms to apply as Concurrent Auditors for State Bank of India, including eligibility, submission guidelines, and selection process.
Government notifies that following transactions done by CA, CS & CMA on behalf of their client will be covered under Prevention of Money-laundering Act, 2002. This notification is issued by the Ministry of Finance, Department of Revenue in India, and it pertains to the Prevention of Money Laundering Act, 2002. The notification outlines that certain […]
