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STATUTORY AUDIT EXEMPTION
NCPI's new avatar faces EC test; must inform, attest all changes- Higher EPS Pension: EPFO can’t use the excuse of employer’s deficient system of recordkeeping as a ground to deny higher pension to employees, rules Bombay HC
- New income tax rules from April 1, 2026: From HRA relief to new ITR deadlines, key changes explained
- India reviews plan to exempt firms with turnover under Rs 1 crore from statutory auditsThe government is deliberating on a new proposal aimed at relieving small enterprises from the requirement of undergoing mandatory audits. ...24 Mar, 2026, 08.35 PM IST
- Implementation key to any success of changes in corporate, LLP laws: ExpertsIndia is updating its company and LLP laws. The changes aim to make doing business easier. New rules will allow more flexibility in share b...24 Mar, 2026, 05.21 PM IST
- CBDT extends due date for filing income tax audit report for FY 2024-25 to October 31, 2025 from September 30, 2025Tax audit last date extension: The CBDT has extended the deadline for filing various audit reports for the Previous Year 2024-25 (Assessmen...26 Sep, 2025, 12.42 PM IST
- Extend ITR Filing last date to October 15, demands ATBA due to tech issues and glitches with ITR portal like errors in validation, slow uploadsITR Filing Due Date: Several organizations, including the Karnataka State Chartered Accountants Association (KSCAA), ICAI, and Advocates Ta...11 Sep, 2025, 05.40 PM IST
- Bombay HC halts recovery efforts in tourism policy tiff, grants interim reliefThe Bombay High Court has temporarily halted the recovery of dues from a water park operator, providing relief against the revocation of a ...21 Jul, 2025, 12.10 PM IST
- Private sector PF trusts increasingly surrendering exempted establishment status under EPFOPrivate sector provident fund trusts are increasingly surrendering their exempted status to EPFO, with 17 establishments applying in FY24. ...09 Apr, 2025, 08.39 AM IST
- Sebi mulls changes in secretarial compliance report format, auditors' appointment norms for cosTo strengthen corporate governance at listed firms, Sebi has proposed a revised format for annual secretarial compliance report, eligibilit...09 Feb, 2025, 10.53 AM IST
- Tata Motors in legal battle with EPFO over pension fund transferTata Motors is in a legal conflict with the EPFO over transferring its employee provident fund. Tata Motors seeks to surrender its exempted...29 Jul, 2024, 12.13 AM IST
- EC delists 87 registered unrecognised parties, seeks action against 2,174 moreSection 29C of RPA requires an unregistered party to furnish a contribution report under Rule 85B of Conduct of Election Rules 1961. Such c...26 May, 2022, 12.30 AM IST
- NFRA plans to redraft audit norms for small firmsSet up by the Centre in October 2018, audit regulator NFRA has sought public comments on its draft proposal floated on October 10, on wheth...11 Jan, 2022, 06.15 PM IST
- 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...11 Oct, 2021, 12.05 AM IST
- Sebi eases rules for delisting of listed subsidiariesCompanies have been exempted from doing a reverse book building—a process followed to decide on a price that has to be paid to public share...30 Sep, 2020, 07.03 AM IST
- CBDT notifies rules on tax exemption for District Mineral Foundation TrustsThe Board has specified conditions for availing the exemption. The Trust cannot engage in any commercial activity and activities and nature...10 Sep, 2020, 10.36 PM IST
- Congress, EC clash over submission of annual audit reportsThe Congress and the EC have locked horns over the issue of submission of annual audit report of the party to the panel as part of guidelin...22 Jun, 2015, 05.43 PM IST
- Waive landline broadband fee to lower cost: Trai to governmentIt has also suggested a revamp of the government bodies involved in broadband related works, including converting the Wireless Planning Com...18 Apr, 2015, 07.16 AM IST
- Tata trusts given irregular tax exemptions of over Rs 1,000 crore: CAG"ITD allowed irregular exemptions to Jamshetji Tata Trust and Navajbai Ratan Tata Trust who invested Rs 3,139 crore in prohibited modes."14 Dec, 2013, 04.18 AM IST
- Many trusts run by business houses abused I-T exemptions: CAGThe government's statutory auditor has found that many trusts run by business houses and sports bodies have abused the income tax exemption...22 Nov, 2013, 05.01 AM IST
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