Government clarifies no policy for writing off loans of willful defaulters. Banks handle write-offs as per RBI guidelines, retaining recovery efforts.
The Government amended FEMA regulations, enabling resolution of violations up to ₹5 crore by paying fines. Ongoing cases follow previous rules.
Learn about UPI transaction trends, fraud prevention measures, and India’s plans to integrate UPI with global payment systems for ease of transactions.
ICAI introduces CA GPT platform, featuring 5,000 annual reports of listed companies for easy access and analysis by Chartered Accountants.
KSCAA raises concerns over errors in CPC processing of returns and defective notices, requesting corrective actions for smoother taxpayer compliance.
ED arrests two Chinese nationals for exploiting borrowers through digital loan apps, charging high rates, and extorting money using personal data.
Join the free webinar on Dec 1, 2024, to explore top finance courses beyond CA, CS, and CMA. Learn from expert CA Bhupesh Anand. Register now!
Comprehensive list of 29 banks available at the e-Filing Portal’s e-Pay Tax service. Find out the new and migrated banks, along with the respective dates of enablement. Simplify your tax payments with these trusted banking options.
The PAN 2.0 Project simplifies PAN/TAN management with a unified platform, paperless processes, and faster services. Approved by CCEA on Nov 25, 2024.
NFRA recommends 40 Auditing Standards for LLPs under the LLP (Amendment) Act 2021, effective from April 2026, for approval by the Central Government.