The Auditing and Assurance Standards Board (AASB) of the Institute of Chartered Accountants of India (ICAI) has released the Exposure Draft of the Guidance Note on Audit of Banks (2025 Edition) for public comments. This annual Guidance Note provides comprehensive instructions to auditors conducting statutory audits of banks …
Announcement Invitation for Volunteers for World Forum of Accountants (WOFA) ICAI is organizing the World Forum of Accountants (WOFA) with the theme “Accountability Meets Innovation (AI): For a Sustainable Planet,” inspired by India’s philosophy of “Vasudhaiva Kutumbakam” (The World is One Family), focusing on AI-driven solutions …
The Institute of Chartered Accountants of India (ICAI) has released comprehensive guidelines for candidates planning to appear in the May 2025 CA exams. To ensure a seamless application process, students are advised to update their records and fulfill all eligibility criteria via the Self-Service Portal (SSP). …
More than 8000 Delegates from over 40+ Countries congregate at the Biggest Accounting Festival in India 3 Day Event, over 150+ globally renowned speakers will deliberate on 40 + insightful sessions The Institute of Chartered Accountants of India (ICAI) is all set to host World Forum …
Members & Students Services Directorate The Institute of Chartered Accountants of India 17th January, 2025Convocation February – 2025 The next ICAI Convocation will be held at following Cities as per date mentioned, for Members who are enrolled during the period from 16th June, 2024 to 31st December, 2024. …
No. 13-CA (EXAM)/MAY/2025: In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to announce that the next Chartered Accountants Foundation, Intermediate and Final Examinations will be held on the dates and places …
In the July 2024 Budget, Finance Minister Nirmala Sitharaman aimed to provide relief to India’s middle and lower-income households by widening the income tax slab for zero tax and increasing the standard deduction for salaried individuals. This was designed to boost disposable income, stimulate consumer spending, …
Micro, Small, and Medium Enterprise (MSME) stakeholders urged the government to implement GST reductions, technology upgrades, and extend Production-Linked Incentive (PLI) benefits to various sectors during a pre-Budget meeting with Finance Minister Nirmala Sitharaman on Saturday. The interaction aimed to gather inputs for the Union Budget …
The sale of property in India has tax implications which depend on various factors like the type of property, holding period, and the residential status of the seller. Basically, it attracts capital gains tax. Following is an overview: 1. Nature of Capital Gains Holding period i.e. …
Central tax authorities have intensified efforts to combat Goods and Services Tax (GST) evasion in Gujarat, with Finance Minister Nirmala Sitharaman revealing significant enforcement actions in the Rajya Sabha on Tuesday. From FY 2021-22 to FY 2024-25 (up to October 31, 2024), 12,803 cases of GST …
