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BOMBAY CHARTERED ACCOUNTANTS ASSOCIATION OF INDIA
Booked flats in 2005, still awaiting possession: Builder ordered to pay 10.05% interest to homebuyers for nearly 20-year delayThe Bombay High Court, in its ruling, said a builder can’t indefinitely retain purchasers’ money while failing to deliver homes. For the de...
Daughter becomes co-owner of family property via oral arrangement; she files tenant eviction case and wins in Supreme CourtA daughter, a co-owner of family property through an oral arrangement, has won a tenant eviction case in the Supreme Court. The court ruled...
Reliance Foundation secures major win as ITAT overturns cancellation of charity registrationReliance Foundation has won a legal battle against the Income Tax authorities regarding the 'charitable' status of its Mumbai hospital. A t...
Short-end Indian debt gains as RBI dollar measures spur buyingShort-term Indian government bond yields have dropped to their lowest in three months. This move steepens the yield curve significantly. Ex...
India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...
Why tomorrow’s finance leaders must think beyond spreadsheetsFinance leadership is shifting from historical accuracy to navigating future uncertainty, with AI becoming crucial for decision-making. Org...
CJI Surya Kant intervenes after retired Bombay HC judge receives threats linked to Dawoodi Bohra verdictChief Justice of India Surya Kant is addressing threats made against retired Bombay High Court judge Justice Gautam Patel. These threats ar...
India's Gen Z associates Israel with defence, military strength: SurveyA new survey reveals that nearly half of young urban Indians associate Israel with defense and military strength, while a majority perceive...
Namami Gange: Industrial pollution flowing into Ganga down nearly 60 per cent since 2017Industrial pollution in the Ganga has significantly decreased by almost 60 percent since 2017. This achievement is credited to the Namami G...
For 13 years a builder failed to redevelop a 70-year-old housing society so a new builder was appointed, the old builder objected, but HC favored residentsThe Bombay High Court has backed housing society members in a redevelopment dispute. A builder delayed a project for 13 years, prompting th...
From selling vegetables in Mumbai to studying 18 hours a day: An inspiring journey from struggles to owning a ₹1 crore home at 21Abhishek Vaishya's inspiring journey began at a Mumbai vegetable cart. He overcame humble beginnings in a small chawl to become a chartered...
Landlord filed case to evict tenant but tenant bought 50% share from co-owner mid-dispute and filed partition of property case: HC gives no relief to landlord on eviction caseA tenant facing eviction for unauthorized construction and rent default became a co-owner mid-dispute. He purchased a 50% share of the prop...
Increase in limits for NRI and OCI investors to invest in stock market without SEBI registration, RBI GuvThe Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residin...
Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...
Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...
Curbs on ads by accounting firms lifted: ICAIThe Institute of Chartered Accountants of India has updated its ethics code. This allows chartered accountants and their firms to advertise...
From Rs 2 lakh to Rs 57 lakh: KPMG employee shares how his salary jumped 26 times in 10 yearsAnirudh Rapole, a chartered accountant, shared his decade-long salary journey at KPMG. Starting with less than ₹2 lakh annually during his ...
Earning Rs 10 lakh a year and skipping Rs 150 gourmet coffee won't make you rich, warns CA and shares what will actually build wealthChartered Accountant Nitin Kaushik argues that focusing on small daily expense cuts distracts from the real wealth-building opportunity: in...
Supreme Court seeks govt, RBI response to plea for audit of banks' realty exposureThe Supreme Court has asked the government and the Reserve Bank of India for their response to a petition that wants banks' dealings with r...
ICAI to set up advanced forensic lab for small, medium practitionersThe Institute of Chartered Accountants of India (ICAI) is establishing an advanced forensic auditing lab in Hyderabad on a 'pay and use' mo...