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AUDIT FIRMS
Technology can't substitute professional judgement, audit quality responsibility lies with auditor: NFRAThe National Financial Reporting Authority has introduced new principles for technology adoption by auditors. These guidelines promote the ...24 Jul, 2026, 07.45 PM IST- ITR filing deadline FY 2025-26: Due dates, penalties, and what happens if you miss July 31 deadlineTaxpayers will file Income Tax Returns for FY 2025-26 under the Income-tax Act, 1961. The due date for most individuals is July 31, 2026, w...24 Jul, 2026, 01.42 PM IST
- HDFC Bank shares fall as 3 US law firms launch probe over alleged federal law violationsThree United States law firms are investigating HDFC Bank for alleged securities law violations. These firms are examining if the bank disg...24 Jul, 2026, 12.06 PM IST
- How to file ITR-3 online on the Income Tax e-filing portal for AY 2026-2027Individuals with business income must file ITR-3 for AY 2026-2027. This form captures various income sources, including salary and capital ...23 Jul, 2026, 05.31 PM IST
- Three US law firms probe HDFC Bank over alleged Maharashtra deposit paymentsHDFC Bank is facing fresh scrutiny in the US after three law firms launched investigations into whether the lender violated federal securit...23 Jul, 2026, 04.04 PM IST
- FSSAI cracks down on misleading 'healthy food' claims, tightens noose on brandsIndia's food regulator is targeting deceptive health claims made by beverage and food companies. Approximately eighty-five percent of digit...22 Jul, 2026, 12.34 AM IST
- HDFC Bank CEO reappointment delayed by board review, sources sayHDFC Bank has delayed recommending CEO Sashidhar Jagdishan's reappointment to the Reserve Bank of India (RBI) as its independent directors ...20 Jul, 2026, 05.20 PM IST
- KPMG Australia fines staff up to $126,000 for 'unacceptable' misconduct in audit scandalKPMG Australia has penalized seven staff members for misusing confidential client information. Financial penalties up to A$180,000 were imp...20 Jul, 2026, 01.06 PM IST
- ITR-4 or ITR-3? Know which ITR form to file under presumptive taxation scheme and the documents requiredTaxpayers using the presumptive taxation scheme must select the correct Income Tax Return form. Generally, ITR-4 is suitable for individual...20 Jul, 2026, 11.23 AM IST
- RBI asks banks to clear old trade and payment mismatchesThe RBI has asked banks to resolve long-pending mismatches between trade and payment records worth thousands of crores. Banks must verify d...20 Jul, 2026, 01.04 AM IST
- Australia to tighten scrutiny of Big Four Deloitte, EY, PwC, KPMG after wave of scandalsAustralia will enhance its oversight of major accounting firms following recent governance issues. The government has directed the Australi...16 Jul, 2026, 01.57 PM IST
- ICAI puts global network guidelines on hold amid concerns by big audit firmsThe Institute of Chartered Accountants of India has paused its global networking guidelines. These guidelines encouraged domestic firms to ...15 Jul, 2026, 08.38 AM IST
- Government may let statutory bodies to regulate members in multidisciplinary partnershipsThe government is considering allowing professional bodies to regulate their members within multidisciplinary partnerships. This approach w...15 Jul, 2026, 12.47 AM IST
- Thomson Reuters to sell 51% stake in global print business to KKR for $500 millionThomson Reuters plans to divest its majority stake in the Global Print business to KKR, enabling a renewed focus on core operations. Set to...14 Jul, 2026, 07.25 PM IST
- KPMG Australia weighs 1,000 job cuts amid audit scandalKPMG Australia faces significant job cuts and partner pay reductions. This action follows fallout from a recent audit leak scandal. The com...14 Jul, 2026, 05.40 PM IST
- Big 4 scores a win as ICAI pauses 'global networking norms'The Institute of Chartered Accountants of India's networking guidelines have been put on hold. Influential Big 4 firms lobbied the governme...08 Jul, 2026, 12.36 AM IST
- ICAI may pause global network guidelines to address stakeholder concernsThe Institute of Chartered Accountants of India may pause its global networking guidelines. This decision comes after significant concerns ...07 Jul, 2026, 10.14 PM IST
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