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Arun Jaitley wanted to be a chartered accountant

Finance Minister Arun Jaitley wanted to become a chartered accountant in his younger days, but ended up choosing the legal profession as "CA exam was too difficult to pass".  Going down the......

CAs scramble to fathom new whistleblowing law

The burden will be on individual accountants to report violations from April 2022. Chartered accountants are readying themselves for a higher onus on individuals to report violations that they......

Impartial audit essential for resilient economy: Das

Reserve Bank Governor Shaktikanta Das said on Monday that fair and impartial auditing is essential for a resilient economy as it instils confidence among citizens. Addressing officers at the......

RBI bans auditors Haribhakti and Co for 2 years

The Reserve Bank of India on Tuesday banned chartered accountant firm Haribhakti & Co LLP from undertaking any type of audit assignments for regulated entities for a period of two years starting......

I-T Portal: Infosys Deserved Better

The tax portal problem is a goof-up by both sides, and making Infosys the only villain in the story is quite unfair, argues Shyamal Majumdar. IMAGE: Union Finance Minister Nirmala Sitharaman......

FM says tech glitches in I-T portal to be sorted out soon

Finance Minister Nirmala Sitharaman on Monday said technical glitches in the new income tax e-filing portal will be largely fixed in the next few days and that she has been constantly reminding......

No irregularities in accounts of IPL teams: Govt

The government on Monday clarified that accounting regulator ICAI hasn't reported any irregularity in the account books of some Indian Premier League teams. "The Institute of Chartered Accountants......
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