Icai Role In Gst

CA Day 2025: History, significance, and importance of ICAI for India

ICAI observes CA Day annually on July 1st to mark its foundation and recognise its contributions to India's financial growth. This year, the 77th anniversary will be celebrated in Delhi

ICAI submits suggestions to Lok Sabha selection committee on I-T Bill

Chartered accountants' apex body ICAI on Thursday submitted its suggestions to the Lok Sabha Select Committee examining the new Income Tax Bill, including seeking lesser number of sections and simplifying the language in the proposed legislation. The 31-member committee, headed by BJP MP Baijayant Panda, has been mandated to submit its report by the first day of the next Parliament session. The Institute of Chartered Accountants of India (ICAI) has suggested reducing the number of sections in the proposed bill by 90 to 100, its President Charanjot Singh Nanda said. Currently, the bill has 536 sections. Besides, the institute has made suggestions on ways to reduce litigations and simplify the language of the bill further, he added. "We want to support the government," Nanda said at a briefing in the national capital. The bill was introduced by Finance Minister Nirmala Sitharaman in Lok Sabha last month.

Delhi HC says ICAI allowed to issue orders against Big Four affiliates

The court also said that the firms, along with the partners, are also liable to reply to the ICAI notices

Chartered Accountant Day 2024: History, significance, wishes and more

Chartered Accountant Day 2024: ICAI is celebrating 76th year of its inception, and it India's oldest and most respected financial and accounting organisation

ICAI to conduct foundation, intermediate examinations three times a year

The Institute of Chartered Accountants of India (ICAI) will conduct examinations for foundation and intermediate courses three times in a year. Till now, the institute has been conducting these examinations twice a year. "The intermediate and foundation course examinations will be conducted thrice in a year in the month of January, May/June and September," ICAI said in a release on Friday. The decision was taken at ICAI's council meeting on March 7. ICAI has more than 4 lakh members and 8.5 lakh students.

MCA planning to shift all company forms to new portal by December

Currently only nine forms are to be filled on the new version, ministry officials cite surge in company submissions on version 3

ICAI probing chartered accountants for role in helping Chinese loan apps

Indian CAs are accused of not conducting due diligence before signing several statutory documents for several Chinese loan apps

ICAI role crucial to fix GST roll-out date

ICAI has taken initiatives to increase awareness among its members