An ancient Italian proverb, 'Chi ha tempo non aspetti tempo,' urges immediate action over procrastination. It highlights that waiting for a...

India's ambition for a globally competitive audit sector faces hurdles, with local firms struggling to match multinational rivals. While pr...

As businesses generate larger volumes of financial and operational data, tax functions are becoming an unexpected proving ground for AI pro...

India’s audit market in FY26 remained dominated by large firms, with EY, KPMG and Deloitte leading by audit volume and market capitalisatio...

Understanding Tax Deducted at Source (TDS) on your salary is crucial. Employers calculate your annual tax liability based on declared incom...

Despite mandatory auditor rotation, India's largest audit firms are consolidating their dominance, auditing 66% of Nifty 500 companies. Gra...

The ITAT has held that the accrued interest component embedded in sale proceeds from non-convertible debentures cannot automatically be tre...

Taxpayers can breathe easy as the Income Tax Return (ITR) filing deadline for AY 2026-27 is unlikely to be extended. Unlike last year's tec...

India's Comptroller and Auditor General and Israel's Supreme Audit Institution have inked an MoU to boost public sector auditing cooperatio...

India's CAG and Israel's State Comptroller have inked a pact to boost public sector auditing through knowledge sharing and best practices. ...

Best Proverb of the Day: Experiencing hardship profoundly shapes our appreciation for happiness, a timeless truth captured by the proverb, ...

India's GST regime has achieved widespread acceptance, with digitisation and rate adjustments hailed as major successes. Businesses now pri...

Indian markets showed a positive trend on Monday, recovering some of Friday's dips, buoyed by global sentiment and strong performance in th...

India's Big Four accounting firms have achieved remarkable growth, outperforming global peers in fiscal year 2026. PwC and Deloitte reporte...

Maharashtra Chief Minister Devendra Fadnavis declared "Operation Tiger" successful, indicating defections from the Shiv Sena (UBT) to the E...

The Income Tax Department has launched online filing and Excel utility for Income Tax Return-3 for Assessment Year 2026-27. This form is fo...

The Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, to file their...