CA, CS, CMA : Following anti-corruption protests, Ms. Karki becomes Nepal's first female interim prime minister. Her new cabinet includes Financ...
Income Tax : Explore reasons to include Cost Accountants in the Income Tax Bill 2025. Understand their role, expertise, and the legislative int...
Income Tax : Explore why Cost Accountants (CMAs) should be included in the definition of "Accountant" under the Income Tax Bill 2025 for a comp...
CA, CS, CMA : Direct taxation in India is plagued by mishandling, ignorance, and reliance on settlement schemes, risking the financial stability...
CA, CS, CMA : Its quite normal to see people clearing Professional Exams like CA/CMA/CS with comparatively little efforts and other student ...
Corporate Law : ICMAI introduced strict advertisement guidelines prohibiting exaggerated claims and misleading content. The framework ensures ethi...
CA, CS, CMA : CAS-25 standardizes principles for inventory valuation, including cost components and NRV rules. It applies from 12 February 2026 ...
CA, CS, CMA : ICMAI has proposed structured rules governing merger and demerger of CMA firms, including mandatory agreements, name freezing, and...
CA, CS, CMA : ICMAI requires prior approval of network names and submission of formal agreements through prescribed forms. Detailed provisions g...
CA, CS, CMA : Proposed guidelines permit PCMA firms to change names with Council approval while retaining registration number and tenure, provid...
CA, CS, CMA : Kolkata High Court judgment on re-evaluation of answer scripts in Cost Accountancy exams. Analysis of regulations and court decisi...
CA, CS, CMA : Delhi High Court restrained Institute Of Cost Accountants Of India from using ICAI acronym, a trademark which stands registered in...
Corporate Law : Sanjay Ghiya Vs Union Of India (Rajasthan High Court) Rajasthan High Court held that CHARTERED ACCOUNTANTS Or COMPANY SECRETARIES ...
CA, CS, CMA : CA V. Venkata Sivakumar Vs. The Secretary, Institute Of Cost Accountants Of India Use of acronym ICAI by Institute of Cost Account...
CA, CS, CMA : Institute of Chartered Accountants of India Vs The Institute of Cost Accountants of India (Delhi High Court) Institute of Chartere...
Corporate Law : The amended guidelines mandate minimum CPE hours for all practicing members. Non-compliance will lead to discontinuation of the Ce...
CA, CS, CMA : The Institute of Cost Accountants of India grants a final extension until March 31, 2026, for CoP holders to clear the mandatory C...
CA, CS, CMA : The Ministry of Corporate Affairs (MCA) has updated member appointments for the Chartered Accountants, Cost Accountants, and Compa...
Corporate Law : ICAI amends 1959 regulations, replacing “Calcutta” with “Delhi” as the official head office location, effective April 25, ...
Corporate Law : Ministry of Corporate Affairs updates tribunal members for ICAI and ICMAI election dispute cases, effective from April 17, 2025....
Pension Fund Regulatory & Development Authority (PFRDA) has released a Request for Proposal (RFP) for the appointment of a Chartered Accountant/Cost Accountant firm. This RFP is for accounting work and tax consultancy services for the period Aug 2023 to July 2024. This RFP is for accounting work and tax consultancy services for the period Aug 2023 […]
Janakalyan Sahakari Bank Ltd. invites applications from Chartered Accountant/Cost Accountant firms for appointment of Concurrent Auditors to conduct audits of its branches from 1st July 2023 to 30th June 2024.
Learn how to apply for empanelment as a Concurrent Auditor with J&K Bank for year 2023-24. Find eligibility criteria, guidelines for filling online application, and terms of engagement for Concurrent Auditors.
Institute of Cost Accountants of India (ICAI) issues a circular discontinuing the usage of the acronym ‘ICAI‘ as directed by the Hon’ble High Court of Delhi. The circular mandates the removal of all references to ‘ICAI‘ and the adoption of the acronym ‘ICMAI‘ across physical and virtual platforms. This decision comes after the Institute of […]
A detailed guide from Institute of Cost Accountants of India about mandatory communication regulations for Cost Accountants. Understand format and implications of non-compliance.
Understand the roles, responsibilities, and obligations of CA/CS/CMA professionals in compliance with the Prevention of Money Laundering Act (PMLA). Learn about money laundering offenses, reporting entities, verification of client identity, records maintenance, and the powers of the director under PMLA. Stay informed to ensure effective due diligence and compliance in specified transactions.
Under the amended PMLA, Chartered Accountants, Company Secretaries & Cost Accountants are covered within the definition of the Reporting Entity. Understand the obligations, verification processes, and confidentiality requirements. Stay compliant with the latest regulations.
Explore the implications of the inclusion of practicing professionals like CAs, CSs, and CWAs under the Prevention of Money-Laundering Act, 2002 (PMLA). Understand the increased responsibilities, verification requirements, and reporting obligations for these professionals.
. 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.
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.
