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CHARANJOT SINGH NANDA
UDINs helped prevent potential frauds of Rs 70,000-80,000 cr: ICAISince its inception in 2019, the Unique Document Identification Number (UDIN) has emerged as a game changer for chartered accountants, help...
ICAI explores financing options for homegrown multi-disciplinary partnership firmsIndia's chartered accountants' body, ICAI, is working on a report to boost homegrown multi-disciplinary firms. The goal is to help these fi...
Creating domestic 'Big Four': ICAI developing digital platform to facilitate CA firm mergers, tie-upsThe Institute of Chartered Accountants of India plans to launch a digital platform. It will help accounting firms network and merge. This i...
ICAI holds council meeting in Pahalgam, first such high-level gathering since April 22 attackThe Institute of Chartered Accountants of India (ICAI) celebrated India's 79th Independence Day in Pahalgam. This was after a terror attack...
ICAI signs MoU with IAGES to strengthen accreditation in gold industryThe Institute of Chartered Accountants of India (ICAI) and the Indian Association of Gold Excellence and Standards (IAGES) have partnered t...
Action to be taken against CAs if they violate new tax audit limit rules: ICAI presidentICAI will penalize CAs violating new tax audit limits from April 2026, aiming to prevent audit assignment concentration. It partnered with ...
FTA with UK to benefit thousands of chartered accountants, firms: ICAI presidentThe India-UK Free Trade Agreement is set to boost opportunities for Indian chartered accountants, according to ICAI. The agreement, facilit...
New tax audit limit rule for CAs to apply from April 2026: ICAI presidentICAI will implement new guidelines from April 2026, limiting each partner in accounting firms to a maximum of 60 tax audits annually. This ...
ICAI bullish on GCC opportunities for chartered accountantsGlobal Capability Centres (GCCs) will benefit the chartered accountants as they offer various services, ICAI President Charanjot Singh Nand...
ICAI to wrap up initial review of Gensol, IndusInd books in about six monthsICAI is reviewing Gensol Engineering and IndusInd Bank's books, expecting to conclude in six months, potentially leading to disciplinary ac...
Max 60 tax audits per partner likely: ICAIFrom fiscal year 2027, a partner in an accounting firm can conduct a maximum of 60 tax audits annually. Charanjot Singh Nanda, president of...
India audit watchdog to complete probe of Gensol, IndusInd Bank within six monthsIndia’s audit watchdog will complete its review of audit reports for Gensol Engineering and IndusInd Bank within six months, ICAI President...
Local CA firms set for global tie-upsThe move is aimed at enabling local entities to gain scale, in sync with the Centre's vision of creating large home-grown accounting firms,...
ICAI to review financial statements of crisis-hit Gensol Engg, BluSmart MobilityICAI will scrutinize the financial statements of Gensol Engineering and BluSmart Mobility for fiscal year 2023-24, prompted by concerns ove...
ICAI CA Final Exams to be conducted three times in a year: Here is what you should know about the changesICAI CA Final Exams Three Times: AI will hold CA Final exams three times a year starting from May 2025. This change aims to provide student...
ICAI may review financial statements of IndusInd Bank amid accounting discrepanciesICAI may review the financial statements of IndusInd Bank following a discrepancy of Rs 2,100 crore in its derivatives portfolio. The Finan...
ICAI submits suggestions to LS committee on new Income Tax Bill; proposes simplificationThe Institute of Chartered Accountants of India (ICAI) suggested simplifying the new Income-tax Bill to the Lok Sabha Select Committee. Sug...
Cost accountants equipped to conduct tax audits, get 'accountant' status: ICMAI presidentThe Institute of Cost Accountants of India (ICMAI) is making a case for cost accountants to be included as qualified professionals to condu...
ICAI imposes record disciplinary actions on chartered accountants: 241 punishments this FYThe Institute of Chartered Accountants of India disciplined 241 chartered accountants this financial year, a significant increase from 119 ...
Tax audits our forte, would be unfair to treat others as accountants: ICAI president NandaThe new ICAI president, Charanjot Singh Nanda, insists that tax audits remain solely with chartered accountants, opposing efforts by compan...