The Delhi high court granted bail to arms dealer Suresh Nanda, his son Sanjeev and two others who allegedly manipulated evidence in the case of alleged kickbacks in the Barak missile deal
Meanwhile, company secretaries' body ICSI is also writing to the company secretary of Satyam Computer today to submit a report on corporate governance in a week. ICSI president Keyoor Bakshi said the government had earlier asked the institute to look into the revelations made by Satyam Computer's founder President Ramalinga Raju.
In fact, the ministry of corporate affairs announced that role of directors and auditors at Satyam will be scanned by ICAI and the apex body of company secretaries.
PwC's comments are still awaited. Following a letter from the Satyam chairman, who accepted that he had misrepresented facts in the company's balance sheet, role of auditors and accountants for the company has also come under scanner.
Rehan Yar Khan of the Indian Angel Network discusses how young entrepreneurs should go ahead with their startup companies.
The Indian Institute of Chartered Accountants in Mumbai dismissed the batsman's claim for Rs 22 lakh.
Under the Companies Act, 2013, auditors have the responsibility of reporting frauds, at entities being audited by them.
If time is what you have to offer, Dignity offers several options.
The Central Bureau of Investigation has named 10 non-government organisations, including the US-based Omidyar, as accused in the case of allegedly conspiring to illegally facilitate the registration and renewal of Foreign Contribution (Regulation) Act licences.
If you are a new taxpayer or one who is struggling to obtain a foothold in the world of taxes, our attempt at simplifying the tax filing process seeks to help you sail through this. Read on. . .
Get Ahead reader Sunil Agarwal tells you how a a low EMI can reduce your stress levels.
The government said in Friday it was negotiating aggressively at the World Trade Organisation to facilitate easy movement of professionals across borders to deliver services.
The latest passion of the Institute of Chartered Accountants of India (ICAI) is not selling blazers. Nor is it inauguration of residential courses. It is IFRS, IFRS and IFRS. Or International Financial Reporting Standards.
Those running from pillar to post to get their Income Tax refund dues can seek solace in Right to Information Act, which is fast becoming a potent tool to get refund faster.
The government's agenda also includes the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021.
The Institute of Chartered Accountants of India has offered technical information for drafting the rules for valuing employee stock options for calculating the fringe benefit tax.
Chartered accountancy firm Lodha & Co has resigned as a statutory auditor for Birla Global Finance.
It said Naisar Kothari, a resident of Bhavnagar in Gujarat, was arrested under sections of the Prevention of Money Laundering Act (PMLA) and he has been sent to the ED custody till December 22 by a court.
Saving tax is the main motto of all taxpayers. While some hire chartered accountants, others pore through tax laws, or ask friends to find out if there are ways by which they can save.
Professionals like engineers, doctors and accountants are taking out insurance against malpractice suits. Arti Sharma finds out what's on offer.
As many as 87 public sector servants in the United Kingdom, including a leading NRI financial wizard Zarin Patel, earn more than British Prime Minister Tony Blair, according to the first 'Public Sector Rich List' released on Friday.
A bench comprising Justice S B Sinha and Justice H S Bedi, which is hearing the matter, had earlier issued notices asking Lodha, the representatives and legal heirs of Late Laxmi Devi Newar, including Nand Gopal Khaitan, to file their replies. The hearing will resume on Wednesday.
Attention to details is paramount when filing income-tax return (ITR). By mid-June, employees receive Form 16 from their employers. The first step in filing ITR is to compare Form 26AS with Form 16. If there are discrepancies in the figures quoted in the two documents, they need to be rectified.
Fidelity Equity Fund and Fidelity Tax Advantage Fund's manager Sandeep Kothari speaks about his investment philosophy and how he overcame the most difficult phase of his career.
Tinesh Bhasin explains the tax liabilities that accompany receiving a gift.
Engineering giant Larsen and Toubro and Aditya Birla group firm Grasim Industries are set to settle their long-standing dispute over the sale of cross-holdings out of court. Both the companies are believed to be in consultation with Chennai-based chartered accountant S Gurumurthy to act as arbitrator.
Wipro chairman Azim Premji on Friday said a nation cannot be self-sufficient in strategic sectors like defence, nuclear energy and space technologies without domestic capabilities in hardware development
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.
Kate Forbes studied at Woodstock School for 3 years, and lived in India for 8 years. 'She has a heart for service and we are excited she has reached great heights at such a young age,' said her teacher Sanjaya Mark.
OIL announced its financical plan outlay for the next two years.
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