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Walker Chandiok & Co LLP – NFRA Inspection Report on audit quality

December 30, 2023 2487 Views 0 comment Print

Explore the detailed insights from Inspection Report 132.2-2022-05 on Walker Chandiok & Co. LLP. Understand key observations, compliance issues, and implications for audit quality.

India-Hong Kong TBML Crackdown: 4 Held in Diamond Trade Scheme

December 30, 2023 609 Views 0 comment Print

Indian-Hong Kong Customs dismantle major TBML network. Synthetic diamonds mis-declared, money laundered globally. Joint effort results in 4 arrests.

E-Commerce Exports Handbook for MSMEs

December 30, 2023 1416 Views 0 comment Print

Explore the E-Commerce Exports Handbook for MSMEs leveraging DGFT Initiatives. Learn about strategies, regulations and opportunities for global trade success

Advisory: Date extension for reporting opening balance for ITC reversal

December 29, 2023 5493 Views 0 comment Print

In a move aimed at facilitating taxpayers and ensuring accurate reporting of Input Tax Credit (ITC) reversal, the Goods and Services Tax (GST) authorities have introduced a new ledger named the Electronic Credit and Re-claimed Statement on the GST portal.

Charity Commissioner Office Woes: BJP Mumbai Calls for Admin Reforms

December 29, 2023 5412 Views 0 comment Print

Explore the detailed representation by BJP Professional Cell to Maharashtra’s Dy CM, highlighting challenges faced by trusts and CAs. Urging an Amnesty Scheme, the article dissects administrative complexities, suggesting reforms for streamlined processes and enhanced transparency in charity governance.

MCA Year Ender 2023: Transformative Changes in Corporate Governance

December 29, 2023 1038 Views 0 comment Print

Explore the Ministry of Corporate Affairs’ (MCA) significant achievements in 2023, from C-PACE to regulatory amendments, shaping a dynamic and efficient corporate landscape.

SEBI Considers Amendments to Rumour Verification Regulations

December 28, 2023 762 Views 0 comment Print

Explore SEBI’s proposed amendments, including material price movement criteria, unaffected price consideration, and obligations on key personnel. Share your views now!

RBI Guidelines Clarification: Concurrent Audit & SCAs/SAs Appointments

December 28, 2023 2214 Views 0 comment Print

Get clarity on RBI guidelines for SCAs/SAs appointments in commercial banks, UCBs, and NBFCs. Learn about the impact on concurrent audit assignments. Stay compliant!

Request to Implement SOP for Timely Disposal of Income Tax Appeals with CIT

December 28, 2023 16059 Views 1 comment Print

artered Accountants Association urges Finance Minister for SOP implementation to expedite Income Tax Appeals with Commissioner. Addressing delays for taxpayer resolution.

FIU IND issues compliance SCN to 9 offshore VDA SPs

December 28, 2023 432 Views 0 comment Print

Financial Intelligence Unit India issues compliance notices to 9 offshore Virtual Digital Assets Service Providers. Ministry of Finance acts against illegal operations. Details here.

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