CMA 2023 Results:
CMA 2023 results are out in September. RR Academy is happy to train four All-India Rank holders. The students of RR Academy occupied the 11th, 23rd, 40th and 46th places ranks. The students of June 2023 had the option of writing in the old and new syllabus. Many students like to pursue the new CMA […]
How to become a big four partner
The higher authorities working in the big four firms, directors and senior managers get top salaries in the finance industry. Big Four partners also get high-level income. The general thought is that the managers are permanent employees and business partners are for temporary work. The fact is that in terms of monetary benefits and job […]
Penalties in Income Tax Act
In an income tax concealment case, the Ahmedabad bench ruled that a penalty can be issued without a limb amount. The tax penalty is a burden to the taxpayers. Tax Revenue plays a prominent role in economic growth. Direct tax is part of tax revenue. It has a relationship with demand, inflation and supply. The […]
IT Department want to employ cost accountants
In Delhi, the Officials from the Income tax department said that the panel of cost accountants will work to check the correctness of the tax returns. The tax calculations include inventory and price fluctuations. The cost audit brings correctness to the tax calculations. The government want to have a monopoly market in some industries. The […]
Cost Accounting Software Market
The global prediction says that in between 2022 to 2030 the cost accounting software market may grow at a rate of 9.5 per cent CAGR. Cost accounting software is discriminated based on the nature of cost and application. The software highlights the macro and microelements. A blog is here to bring the details of the […]
Professional ICON award from ICAI
On ICAI Foundation Day, Rakesh Nangia Anderson was awarded the professional ICON award. The present Draupadi Murmur graced the seventy-fifth foundation day. The governor of Uttarakhand, General Gurmit Singh presented the honour to Rakesh Nangia in the Dehradun branch. Rakesh Nangia is the managing director of Nangia and Co LLP. The blog talks about the […]
ICSI advice MCA and SEBI
ICSI want MCA to authorise company secretaries to give compliance certificate to small companies. SEBI also want company secretaries to provide advice for other official operations. Companies Act 2013 is for all the companies operating in India. Small companies fail to appoint professionals. The compliance certificate is a doorway to the auditors and investigators. The […]
Comparison of tax system in India and Foreign
The tax system has a direct relationship with economic development. The tax revenue is for the health, infrastructure and education. The tax system depends upon GDP, population, administrative considerations, macroeconomic policies, and inflation. Middle Eastern countries and North Africa do not collect high charges of personal income taxes. The GDP revenue from the personal tax […]
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 […]
