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Professional Resource News


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 |   2517 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 |   7158 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 |   5682 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 |   2121 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 |   3417 Views


ICAI Sets Rules for Aggregation of Domestic CA Firms in 3 Months

   29 April 2024 at 08:46

In a recent interview, the President of The Institute of Chartered Accountants of India (ICAI) unveiled plans to introduce comprehensive guidelines aimed at enhancing the competitiveness of domestic chartered accountant (CA) firms.

Posted in Professional Resource |   5043 Views


ICAI President Clarifies Misinterpretation of Finance Minister's Comments on Chartered Accountants

   25 April 2024 at 19:53

In response to recent misinterpretations of remarks made by the Hon'ble Finance Minister during an event in Bengaluru, CA Ranjeet Kumar Agarwal has issued a clarification to ensure the accurate understanding of the Minister's intentions.

Posted in Professional Resource  9 comments |   6795 Views


ICAI Introduces New Disciplinary Mechanism to Combat Professional Misconduct

   15 April 2024 at 16:50

As a statutory body regulating the profession of Chartered Accountancy in India, the ICAI has had a long and glorious history in its 71 years of existence as the second-largest Institute in the world

Posted in Professional Resource |   1392 Views


ICAI Invites Suggestions On Consultation Paper on Draft IFSCA Regulations 2024

   01 April 2024 at 09:14

Invitation for Comments/Suggestions: Consultation Paper on Draft IFSCA (Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) Regulations 2024

Posted in Professional Resource |   330 Views


ICAI President Signifies The Role of Government Accounting & Public Finance Management

   01 April 2024 at 09:14

Fortifying the foundations of a nation's financial fabric is the cornerstone for forming a resilient economy. In the pursuit of transforming India into a developed nation,

Posted in Professional Resource |   579 Views



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