Supreme Court’s observation about tax audit limitations to chartered accountants
Supreme Court expressed the views and observations from a plea about the rule of ICAI. The rule is related to the professional ethics of chartered accountants. This year the number of audits is confined to sixty per year. This rule is under debate as it explains professionalism and fundamental rights. The fundamental rights of citizens […]
Data protection and data breach in India
In India, the Joint parliamentary committee is examining the PDP bill. The sectoral regulators monitor data protection in payment systems, healthcare, telecoms, and e-pharmacies. The Information technology act, 2000, SEBI data sharing policy, 2019, and RBI guidelines on cyber security framework for banks and information security, 2016 are the compliances that support data protection in […]
Young Chartered Accountants Award
In India, the seventy-five years of independence were measured by industrial, agricultural, educational development and women empowerment. Agriculture is the source of raw material supply for the textile industry, Export and food processing companies. Agriculture falls under the MSME sector and is honoured with schemes, loans, and subsidies for monetary issues. Finance professionals, lawyers, engineers, […]
How to re-verify CA marks?
Recheck/verification of marks poses the question of whether they will reduce marks after the revaluation. As a matter of policy, ICAI does not reduce marks after revaluation. There are two chances after the procedure for revaluation: one is no change of marks, and the other one is an increase in marks. The marking system has […]
When is GST day celebrated?
Since 2017, the 1st of July has been celebrated as GST day every year. GST replaced the long-held indirect tax system. July 1st, 2018, is the day that marks the celebration of the first GST day. The second GST day was celebrated with trade and industry partners in 2019. The reforms to the GST system […]
ICAI offers advanced level GST courses
GST is the law that consolidates all indirect taxes. GST provides many advantages in the long term. The participants need to have a basic knowledge of the subject. This course is for the members of ICAI. The course goes for ten days. The readers have two options as follows: Weekdays and weekends are the two […]
What is the difference between management consultation and outsourcing?
Consultation is providing professional services and outsourcing is providing specialised services. Accountants work as contract employees. They contribute to outsourcing jobs. Chartered accountants also work based on contracts. Outsourcing improves the domestic industries and global market. A blog is written to bring out interesting information about accountant jobs and economic development. The global market is […]
ICSI Teacher’s Conference
The December 2022 results say that the pass percentage of CS stands as 8 to 24 per cent. ICSI had organised a conference for teachers and professors to contribute their thoughts about the education system. In 2021, UGC approved the company secretaryship course as equivalent to post-graduation. This approval is good to join the PhD […]
The rule about the disciplinary body from ICAI
The long-held argument from ICAI is that the disciplinary body should have CA only, not non-CA. The government said that non-CA’s are necessary to understand the professional ethic from a different angle. The five-member team will include two CAs and three non-CA from 2022-23. The present committee consist of three members and two non-CA professionals. […]
The new syllabus of the Company secretaryship course
After 2017, the syllabus changed for the company secretaryship course included in the 2022 examination. From June 2022, the students read the 2017 syllabus. The date for the registration for the 2022 syllabus is June 16, 2023, for the executive level, February 1, 2023, for the executive level, and August 1, 2023, for the professional […]
