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STATE FINANCES AUDIT REPORT
RJD MP Sudhakar Singh moves SC seeking CBI probe into Ram Temple Trust's financesRJD MP Sudhakar Singh has petitioned the Supreme Court for an independent probe into alleged financial irregularities by the Shri Ram Janma...- 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...
- Ram Temple donation case: SIT to re-audit trust's five-year accountsA special investigation team is re-auditing the Ram temple trust's accounts for the past five years following preliminary findings of alleg...
- Can India govern AI it does not own? RBI’s model risk framework and its limitsRBI's new AI governance rules for banks place significant accountability on financial entities for all predictive models, including third-p...
- 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...
- EU's CBAM poses major compliance challenge for Indian MSMEs; Experts seek urgent government supportIndian MSMEs are struggling with the EU's Carbon Border Adjustment Mechanism, facing compliance hurdles due to a lack of financial and tech...
- RBI tells parliamentary panel that virtual digital assets like cryptocurrency a threat to economyThe Reserve Bank of India has informed a parliamentary panel that virtual digital assets like cryptocurrency pose a threat to India's devel...
- Govt notifies new VB-G RAM-G rules, excess spending to be monitored to prevent misuseNew rules mandate strict monitoring of state spending on the rural employment scheme, VB-G RAM-G, exceeding central allocations. The scheme...
- Centre notifies three sets of rules under VB-G RAM G ActNew rules under the Viksit Bharat- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act have been notified, guiding the transition from M...
- 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...
- Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take partParliament's Standing Committee on Finance is set to scrutinize the regulatory future of Virtual Digital Assets (VDAs) on July 2nd. The com...
- Metro Rail Safety Commissioner asks BMRCL to probe after MP Surya flags repeated service disruptionsMetro safety chief has ordered Bangalore Metro Rail Corporation (BMRCL) to investigate three years of service disruptions following a compl...
- CA Day 2026: Why is it celebrated on July 1? Know history, this year's theme, mottoCA Day: July 1 marks the 77th anniversary of the Institute of Chartered Accountants of India (ICAI), the world's second-largest accounting ...
- 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...
- Compass launches NodGuard: Consent infrastructure that connects compliance to marketing performanceIndia's new data protection law, effective November 2026, mandates robust consent management. Many businesses struggle with fragmented syst...
- 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...
- ICAI to help Tirupati temple enhance accounting systemIndia's wealthiest religious trust, Tirumala Tirupati Devasthanams, is partnering with the Institute of Chartered Accountants of India (ICA...
- 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...
- CAG, Israel's apex audit body ink info exchange pactIndia's CAG and Israel's State Comptroller have inked a pact to boost public sector auditing through knowledge sharing and best practices. ...
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