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ICAI President’s Message – November 2023
Dear Professional Colleagues, The ascent of our nation and economy on the global landscape is a matter of immense pride and satisfaction. Today, the whole world is watching and listening to our opinio...
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Exposure Draft on Accounting Standards for Limited Liability Partnerships
Introduction: On the 27th of October, 2023, the Accounting Standards Board of the Institute of Chartered Accountants of India (ICAI) released an Exposure Draft addressing Accounting Standards for Limi...
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UDIN Archiving: ICAI’s Phase-wise Server Load Relief
The Institute of Chartered Accountants of India (ICAI) is making significant changes in the management of UDINs (Unique Document Identification Numbers). It has been decided to archive UDINs one year...
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CA Exams in November 2023 Postponed Due to Elections in MP & Chhattisgarh
The Institute of Chartered Accountants of India (ICAI) has made an important announcement regarding the postponement of the Chartered Accountant Examinations scheduled for November 2023. This decision...
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ICSI’s Notice on Reporting Entity Registration under PMLA, 2002
The Institute of Company Secretaries of India (ICSI) has released an important notice dated October 11, 2023, addressing all professional colleagues regarding the registration of Reporting Entities un...
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ICAI Reporting Requirements: Fees Disclosure in Revised Code of Ethics
The Institute of Chartered Accountants of India (ICAI) has recently issued an announcement outlining essential reporting requirements related to fees disclosure under the revised provisions in the Cod...
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ICSI Requests SEBI to Waive Physical Notice & Report Dispatch
In a bid to streamline corporate governance and promote eco-friendliness, The Institute of Company Secretaries of India (ICSI) has submitted a formal request to the Securities and Exchange Board of In...
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Cost Accountants to undertake Inventory Valuation under Section 142(2A) of Income Tax
The Institute of Cost Accountants of India is a statutory body set up under an Act of Parliament under the administrative control of Ministry of Corporate Affairs, Govt. of India. The Institute is hea...
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ICAI MEF 2023-24 Submission Deadline Extended to 21st October 2023
Introduction: The Institute of Chartered Accountants of India (ICAI) plays a crucial role in regulating and advancing the accounting profession in the country. As part of its commitment to supporting...
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ICAI President’s Message – October 2023
The Institute of Chartered Accountants of India Dear Professional Colleagues, In a historical juncture that will be etched in the annals of time, the global spotlight converged in New Delhi from 9th –...
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ICAI extends Last date for payment of Membership & COP fee
In a significant move aimed at easing the burden on its esteemed members, the Council of the Institute of Chartered Accountants of India (ICAI) has taken a proactive step by extending the last date fo...
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Multipurpose Empanelment Form 2023-24 hosted at https://meficai.org
The Professional Development Committee (PDC) is delighted to present the Multipurpose Empanelment Form (MEF) for the year 2023-24, now accessible at www.meficai.org. This form plays a pivotal role for...
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ICSI Council Decisions: Fee Concessions, Amendments, and More
Introduction: The Institute of Company Secretaries of India (ICSI), a statutory body under an Act of Parliament, has recently announced a series of important decisions taken by its Council in various...
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ICAI BoS Live Learning Classes for CA Final & Intermediate May 2024 Exams
The Institute of Chartered Accountants of India (ICAI) is committed to providing quality education and support to its students. In line with this commitment, the Board of Studies (Academic) at ICAI ha...
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CBI Arrests Chartered Accountant for Rs. 50,000 Bribe
Introduction: In a recent development, the Central Bureau of Investigation (CBI) has taken decisive action by apprehending a Chartered Accountant (CA) who stands accused of demanding and accepting a b...
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SFIO Arrests CA in Hyderabad: Demonetization Role
Introduction: On September 13, 2023, the Serious Fraud Investigation Office (SFIO), operating under the Ministry of Corporate Affairs, made a significant arrest in Hyderabad. Shri Nalin Prabhat Pancha...
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ICMAI Releases Exposure Draft on Capacity Determination (Revised)
The Institute of Cost Accountants of India (ICMAI), a statutory body under an Act of parliament, is dedicated to maintaining and enhancing the quality of cost and management accounting. As part of its...
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Allow company Secretaries to do Internal Audit of Companies under Section 138: ICSI
The Institute of Company Secretaries of India (ICSI) has submitted a proposal to the Ministry of Corporate Affairs to amend Section 138 of the Companies Act, 2013. The amendment seeks to include Compa...
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ICSI submits List of Pending issues of stakeholders on MCA-21 V3 Portal
The Institute of Company Secretaries of India (ICSI) recently sent an official letter to the Ministry of Corporate Affairs (MCA), expressing several unresolved issues concerning the MCA-21 V3 Portal....
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ICAI President’s Message – September 2023
Dear Professional Colleagues, “Sustainable development is the pathway to the future we want for all. It offers a framework to generate economic growth, achieve social justice, exercise environmental s...