Professional Resource News

ICAI Opens Online Redressal Window for Empanelment Application Updates for the year 2024-25

05 July 2024 at 12:55

OPENING OF ONLINE WINDOW FOR REDRESSAL OF BRANCH RELATED INFORMATION SUBMITTED BY THE APPLICANTS TO THE O/O C&AG IN THE EMPANELMENT APPLICATION FOR THE YEAR 2024-25

Posted in Professional Resource | 2085 Views

CA Day 2024: ICAI Marks 75 Years of Unwavering Commitment to Excellence

02 July 2024 at 09:04

United in trust and driven by excellence, ICAI empowers the future financial architects and leaders for a prosperous 'Viksit Bharat,' forging a financially robust and progressive nation.

Posted in Professional Resource | 4323 Views

ICAI Seeks AI Proposals: Invitation to AI Firms for Finance and Accounting Solutions

08 June 2024 at 08:59

The AI Committee of ICAI invites unconditional Expressions of Interest (Technical Proposals) from experienced AI companies that have developed AI tools for finance, accounting, tax compliance, legal document drafting, and AI similar services.

Posted in Professional Resource | 3138 Views

Supreme Court's Verdict on Tax Audit Limits: Implications for CAs and MSMEs

06 June 2024 at 14:50

The Hon'ble Supreme Court of India delivered a significant judgment on May 17, 2024 in the case related to Tax audit limit under Section 44AB of Income Tax Act,1961

Posted in Professional Resource | 1230 Views

FM Nirmala Sitharaman urges ICAI to set up 'Big 4'- like Indian Firm

23 May 2024 at 08:47

In a dynamic call to action, Finance Minister Nirmala Sitharaman on Tuesday urged the Bihar chapter of the Institute of Chartered Accountants of India (ICAI) to spearhead the creation of a formidable Indian auditing firm.

Posted in Professional Resource | 1 comments | 10251 Views

ICAI to Issue Global Networking Guidelines for Indian CA Firms

18 May 2024 at 08:24

The Institute of Chartered Accountants of India (ICAI) will soon introduce international networking guidelines to aid domestic firms in expanding their global presence, ICAI President Ranjeet Kumar Agarwal announced.

Posted in Professional Resource | 2679 Views

Supreme Court Upholds ICAI Rule Limiting CAs to 60 Tax Audits Per Year

17 May 2024 at 14:49

In a significant ruling on Friday, May 17, the Supreme Court upheld the rule established by ICAI, which limits CAs to accepting no more than 60 tax audit assignments per financial year.

Posted in Professional Resource | 7326 Views

ICAI Calls for Additional Information for MEF 2023-24 Applicants

02 May 2024 at 08:46

Professional Development Committee (PDC) seeks additional information in respect of MEF 2023-24 for preparation of panel for appointment / re-appointment of Statutory auditors

Posted in Professional Resource | 5793 Views

ICAI submits Pre-Budget Memorandum to CBDT advocating Tax Reforms

01 May 2024 at 09:00

The Institute of Chartered Accountants of India (ICAI) has put forth a series of recommendations in its Pre-Budget Memorandum 2024, urging for targeted tax deductions and incentives.

Posted in Professional Resource | 2232 Views

Redefining Accountancy in the AI Era: Insights from ICAI President

01 May 2024 at 08:59

Amidst the dynamic landscape of technological advancements, Artificial Intelligence emerges as a radiant constellation, charting the course towards a future where innovation and technology intersect to redefine human potential.

Posted in Professional Resource | 3537 Views