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NIHAR JAMBUSARIA
IIFL Finance board clears Rs 2,000 crore fundraiseThe company said that it plans to raise ₹1,500 crore by way of fast track rights issue before the end of June 2024 while the NCDs will be r...- ICAI to introduce peer review mechanism for firms offering assurance servicesDayaniwas Sharma, Chairman of the Peer Review Board of ICAI, said the rollout would steadily cover firms providing assurance services to co...
- ICAI flags concerns over CA Act amendment bill to Parliamentary panelThe Institute of Chartered Accountants of India (ICAI) has submitted its views on the provisions, including the one pertaining to the const...
- Gadkari calls for attracting more foreign investments into MSME sectorThe Indian MSMEs are giving excellent viability and income to the investors.
- Decision to refer CA Act amendment bill to Parl panel a 'good step', says ICAIOn Tuesday, the Lok Sabha referred the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, ...
- ICAI Prez asks members to promote, adopt Hindi in their work; elicits criticism"Realising the power of our mother tongue Hindi, ICAI is trying to incorporate more use of Hindi into its work culture," he said in his mon...
- ICAI, NFRA clash over audit of small firms"NFRA does not have jurisdiction over micro, small and medium companies. It is not within its purview to propose whether an audit of a part...
- NFRA has no jurisdiction over small, medium cos: ICAI.The Institute of Chartered Accountants of India (ICAI) also stressed that "there is no direct nexus between the quality of the audit and t...
- NFRA has no jurisdiction over small, medium cos; no direct nexus between quality, cost of audit: ICAIThe latest comments from ICAI President Nihar N Jambusaria come less than two weeks after the National Financial Reporting Authority (NFRA)...
- Tax portal glitches: ICAI makes presentations to Finmin officials, Infosys representativesThe meeting was chaired by Finance and Corporate Affairs Minister. Revenue Secretary Tarun Bajaj, CBDT Chairman Jagannath Mohapatra and oth...
- RBI's new audit norms a step in the right direction: ICAIThe move is all the more important considering the increased public interest in such entities, given their size and spread through the nati...
- ICAI says Reserve Bank's new auditor norms to enhance audit qualityIn April, the Reserve Bank of India (RBI) came out with the norms for appointment of Statutory Central Auditors (SCAs) and Statutory Audito...
- Auditors not bloodhounds but watch dogs, at most sniffer dogs: ICAIThe ICAI has been trying to increase awareness regarding this through communications with various stakeholders, including the government an...
- ICAI's Sustainability Reporting Standards Board now has greater role to play: ICAI presidentThe new reporting requirements are expected to bring in greater transparency through disclosure of material environmental, social and gover...
- Forensic accounting standards have adequate flexibility to address unique situations: ICAIInstitute of Chartered Accountants of India (ICAI) has issued 13 Forensic Accounting and Investigation Standards (FAIS). There are also thr...
- ICAI pulls up students for social media posts, opens disciplinary proceedingsThe action was initiated after some students used social media to air their grievances against the institute’s decision to conduct examinat...
- Proposed levy on online advertisements will burn a hole in the pocket, say startupsFledgling startups say that the proposed 6% equalisation levy on online advertisements will burn a hole in their small pockets if it goes t...
- Black money law: Beneficiaries in overseas discretionary trusts may face enquiryThe income-tax department expects beneficiaries of undisclosed offshore trusts to come clean and declare under the black money law.
- Black money law: CAs & assessees riled over ambiguity in rulesCentre coming under pressure to remove the anomalies in black money rules as people ask for a realistic law encouraging disclosure of forei...
- Keep a tight check on tax costs of derivativesDerivatives refer to an instrument, which derives its value from the value of something else - that is, an underlying asset.
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