ICAI makes Forensic Accounting Standards Mandatory

ICAI released standards for forensic accounting and investigation. The institute made it mandatory to follow the rules. The set of rules comes into operation from July 1, 2023. The standards form the crucial step for maintaining quality. Banks, regulatory authorities, financial institutions, and government bodies can use forensic accounting rules for the disciplinary process. After […]

Crypto Tax Rules in India

Virtual digital assets are stored, transferred and traded electronically. It has code, information, number and token. The cryptographic means create these instruments. Cryptocurrencies use encryption to secure money transactions. Investments in cryptocurrencies are subject to regulatory, market, geopolitical and social media risks. If the entrepreneur tweets about electric vehicles, the price of cryptocurrency increases. Social […]

What is a business associate certificate from ICAI?

ICAI provides the accounting technician course for students who have completed the foundation course, and one group of Inter. Students can opt for this course when joining the CA intermediate course. If the students have not opted, they can submit the registration form for the accounting technician course. After 12 months of job experience, the […]

The income Tax department reduces the time for a refund

The processing time is long in the Income tax department. In 2021, it was 26 days. In 2022, the time was 16 days. In 2023, the department has plans to reduce the time to 10 days. The income tax department launched the AIS app for viewing annual information statements and taxpayer information summaries. The app […]

Women Cost Accountants Creating a Social Change

CMA Diva Abhishek chairperson of SIRC ICMAI, CMA. Pooja Special secretary to government industries inaugurated oral coaching classes and a regional professional enrichment seminar on the 14th of August. The programme happened in Rani Seethai Hall, Chennai. In the seminar, the topics discussed are winning communication skills, transformation from CMA to CEO, goal setting and […]

NCLT approved the merger between Zee Entertainment and Sony India

NCLT approved the merger between the two companies. It is corporate news in the headlines. It also tells a story about the concerns of creditors, business development opportunities, benefits of the stakeholders and approval authorities in a merger. Cost accountants and company secretaries get involved in the merger and acquisition. The approval authorities in a […]