Government had offered a one-time chance to holders of income and assets that had illegally escaped taxes, to come clean by paying 45 per c...

Two new papers Business correspondence and reporting and Business and commercial knowledge will be introduced at the Foundation level ...

More than Rs 71,000 crore (worth undisclosed income) has been disclosed under the IDS as per latest available information, said ICAI Presid...

According to the Companies Act 2013, businesses will have to change auditors after two terms of five years each from April 1, 2017.

The thinking within the govt is that as part of reforms process, services sector should also be liberalised and global auditors could be al...

The government will have to amend the Chartered Accountants Act, 1949 that regulates the accounting profession in India to allow foreign fi...

In the last few months, procedures have been simplified and the "assessees have never seen such an easy and friendly approach of the taxati...

The move also comes against the backdrop of the embattled Mallya facing a case of loan default worth Rs 9,400 crore.

It will submit report on the double entry accounting system for the division. The study will cover areas like traffic revenue, fixed assets...

The institute has also issued notices to the auditors of United Spirits, UB group and other group companies to join the probe.

The Union Budget is reformist and aims to create a strong base for economic growth and ensure fiscal discipline, ICSI President Mamta Binan...

Amid worsening bad loans scenario at the lenders, ICAI today blamed the current system of banks appointing its own auditors.

The Institute of Chartered Accountants of India (ICAI) has elected M. Devaraja Reddy as its new President. Reddy, who has been a chartered ...