Page 3 - Chartered Accountants

ICAI seeks tax benefits to promote climate change mitigation strategies

Chartered accountants' apex body ICAI has sought tax benefits for promoting climate change mitigation strategies and a separate section for income from shares and securities in the income tax returns form. Besides, the Institute of Chartered Accountants of India (ICAI) has sought a special tax regime for partnership firms and limited liability partnerships (LLPs) as well as simplification of income tax return forms. The institute on Friday said it has advocated for prudent tax reforms aimed at fostering economic growth and encouraging environmental sustainability in the pre-Budget Memorandum 2025. "Provision of tax benefits for promoting climate change mitigation strategies, which will not only contribute to India's climate change goals but also drive economic growth by promoting sustainable business practices is a suggestion in this direction," it said in a release. Among other suggestions, ICAI has proposed a new head to show income from shares and securities that will have ...

ICAI cannot issue standards on quality management: SG Tushar Mehta to NFRA

In October, the ICAI moved to introduce SQM1 and SQM2, along with 16 related changes to auditing norms

ICAI CA Final Result 2024 released today; here's how to check and download

ICAI CA Final Result November 2024 result has been released today, December 26. Candidates should achieve a minimum of 40% in each subject and a total of 50% overall to clear the subject

ICAI prez: Disciplinary committee probing Byju's auditing 'lapses'

Byju's financial disclosures had come under ICAI's scanner because of a 22-month delay in the submission of its financial reports

ICAI expects to finalise int'l networking guidelines for CA firms this FY

ICAI expects to finalise the international networking guidelines for Indian chartered accountant firms this fiscal, its President Ranjeet Kumar Agarwal said on Monday, as efforts continue to have big domestic CA firms that can compete globally. Currently, there are no guidelines for international networking of Indian CA firms. The Institute of Chartered Accountants of India (ICAI), which has more than four lakh members, is also working on ways as part of larger efforts to make the country a global accounting and auditing hub. Agarwal said at a briefing in the national capital that the institute is working on the international networking guidelines as the target is to make Indian CA firms bigger and global. With respect to aggregation of CA firms, the institute has charted out some strategies and steps have already been taken in this regard. For instance, if two CA firms are merging, they were earlier not allowed to demerge after five years of the merger. The time period has been .

Best friend of a small business is small practice: ACCA Helen Brand

Brand said that small firms need to upgrade tech and India can have its own big four firm through consolidation of smaller firms

ED team conducting raids in cyber fraud case attacked in Delhi, 1 detained

An Enforcement Directorate team undertaking searches in a cyber fraud linked money laundering case was allegedly attacked here on Thursday, officials said. The agency has registered a police FIR about the incident that took place at a farmhouse that was raided by ED officials in the Bijwasan area of the national capital that falls under the Kapashera police station in southwest Delhi. An Enforcement Officer (EO) suffered minor injuries during the attack. He is continuing with the searches after he was given first aid, officials said. The probe pertains to a case against the PYYPL app. The alleged accused in the case, including Ashok Sharma and his brother, allegedly attacked the ED team. The situation is under control and searches are going on, the sources said. The search operations, according to sources, has been launched after the ED got inputs from the I4C and the Financial Intelligence Unit (FIU) about cyber crimes like phishing, QR code cheating, part time job fraud leading

ICAI CA 2025: Mock test papers timetable for Jan out at official website

ICAI has declared a mock test timetable for the Jan 2025 CA Inter exams with Series-I on Nov 18 and Series-II on December 9. Both physical and online are available for registered candidates

ICAI CA Inter 2024 Result: Merit list released, Mumbai's Parami Parekh tops

ICAI announced CA inter and foundation results today. Mumbai's Parami Umesh Parekh secured the top position, followed by Chennai's Tanya Gupta and New Delhi's Vidhi Jain

ICAI Foundation, Inter results 2024 likely to be out soon; check details

According to reports, ICAI is likely to announce CA foundation results before Diwali, while CA intermediate results may be declared by mid-November

ICAI CA 2024: Final Admit Card for November exam out at official website

The ICAI has released the CA Final Admit Card 2024 for the November exam. Candidates for the final course exam can download it through the official website of ICAI services at eservices.icai.org

ICAI calls for a pause in audit standards revision process by NFRA

The difference of opinion between ICAI and NFRA on the revision of auditing standards in India has come to the fore once again

'Irreparable loss for all of us,' says EY India on death of 26-year-old CA

In a letter to EY India Chairman Anna Sebastian Perayil's mother said her daughter passed away due to excessive workload

ICAI CA Inter exams begin today: Important documents to carry to exam hall

ICA CA Inter exams 2024 are starting today; exams are scheduled to take place from Sept 12 to 23, in the afternoon shift for all the papers from 2 pm to 5 pm

CA November 2024: ICAI to restart application window for Final, PQC exams

ICAI will extend the registration period for the CA final and PQC exams. The institute extended the last date after receiving requests from students

ICAI releases CA Inter admit cards 2024, here's how to check and download

Admit cards for CA Intermediate exams 2024 are out; exams will take place from September 12 to 23. Here's all you need to know

Market regulator Sebi asks auditors to tread with caution with SMEs

WTM Ashwani Bhatia says preferential allotments used to benefit promoters

ICAI CA 2024: Foundation Results to be declared today at icai.nic.in

The Institute of Chartered Accountants of India (ICAI) is anticipated to announce the Chartered Accountancy (CA) Foundation June 2024 results today, July 29, on the official website at icai.nic.in

ICAI CA 2024: November Final Exam dates announced at icai.org, view details

The Institute of Chartered Accountants of India (ICAI) has declared the exam schedule for the CA November session exams. The CA Final examination have been planned from November 1 to November 11

ICAI CA Inter, final result 2024: Delhi's Shivam Mishra tops the exam

The ICAI has released the CA Final and Intermediate examination results on the official website of ICAI at icai.org. New Delhi's Shivam Mishra tops the CA final exam scoring 83.33 percent (500 marks)