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BIG 4 AUDIT FIRMS
Waiver of recovery of excess amount paid to central government employees: Finance Ministry to examine proposal to simplify the processCentral government employees' union requested simpler recovery waivers for excess payments. The DoE secretary assured examination of these ...
TCS Nashik case: Two months after arrest, accused Nida Khan gets bail from Nashik courtA Nashik court granted bail to TCS employee Nida Khan, arrested two months ago in a sexual harassment and religious conversion case. Her co...
Supreme Court halts CAG audit of Delhi power discomsThe Supreme Court has put a temporary halt on the CAG's audit of Delhi's three private power distribution companies. Additionally, it order...
SC halts Delhi government's CAG audit of private discomsThe Supreme Court has put a hold on a CAG audit of three private power discoms in Delhi, a move initiated by the Delhi government concernin...
Supreme Court stays Delhi government's CAG audit of power discomsIn a significant ruling, the Supreme Court has put a stop to the Delhi government's planned inquiry into power distribution companies. This...
July 4 heatwave in US: Extreme heat threatens fireworks celebrations, travel plans and FIFA World Cup matches. Here's what you need to knowJuly 4 heatwave: A severe heatwave is gripping millions across the US, threatening July 4th celebrations with record-breaking temperatures ...
Delhi govt orders CAG audit of power discoms over regulatory assets issueDelhi's power discoms are facing a CAG audit following a massive Rs 38,500 crore in accumulated Regulatory Assets. The Delhi government ord...
US proposes EB-5 programme changes with tighter oversight, higher investment thresholdUS Homeland Security is proposing stricter rules for the EB-5 investor visa program, aiming to boost oversight and integrity. The plan incl...
EU top court to rule on record 4.1 bn euro Google fineThe EU's top court will decide Thursday whether to uphold a record 4.1 billion euro ($4.7 billion) fine the bloc slapped on Google for anti...
How Agentic AI Is Growing — and how enterprises can make the best of itEnterprise software has spent the last two years shifting from AI that answers to AI that acts. Agentic AI - systems that plan multi-step w...
Stock traders' alert: When income tax audit becomes mandatory for AY 2026-27Stock market traders, especially those involved in intraday and F&O trading without a registered business, need to understand tax audit rul...
Big Four rethink partnership as AI changes the gameIndia's Big Four accounting firms, Deloitte, PwC, and EY, have surpassed 1,000 partners each, driven by rapid expansion, especially in tech...
UP RERA issues show-cause notices to 76 realty promoters for failing to upload annual audit reportsUttar Pradesh RERA has taken a firm step by issuing show-cause notices to 76 project promoters for neglecting to provide their annual audit...
Make Indian auditors less of an oddityIndia's ambition for a globally competitive audit sector faces hurdles, with local firms struggling to match multinational rivals. While pr...
EY, KPMG, Deloitte among top 10 auditors by number of companies audited in FY26India’s audit market in FY26 remained dominated by large firms, with EY, KPMG and Deloitte leading by audit volume and market capitalisatio...
Big Six tighten grip on India's audit market despite mandatory rotationDespite mandatory auditor rotation, India's largest audit firms are consolidating their dominance, auditing 66% of Nifty 500 companies. Gra...
Will the ITR filing deadline for AY 2026-27 be extended? Here's what taxpayers need to knowTaxpayers can breathe easy as the Income Tax Return (ITR) filing deadline for AY 2026-27 is unlikely to be extended. Unlike last year's tec...