India is talking to cryptocurrency exchanges to assess evolving trading activity as it seeks oversight over newer crypto products, according
New Delhi: The corporate affairs ministry and Central Board of Direct Taxes (CBDT) will jointly set up a panel by
Expect IT outsourcing leaders with eye-popping cash on their balance sheets to announce buybacks. After the budget reclassified the repurchase
India’s prime audit watchdog, the National Financial Reporting Authority NFRA, has flagged serious shortcomings in the way banks and Non
The government is redesigning India’s tax administration around a trust-based approach, with plans to create a large class of ‘trusted
Happy Tuesday! A Budget proposal giving tax relief to foreign data centre firms has raised concerns among Indian infrastructure companies.
The Union Budget 2026 has delivered one of its most consequential tax interventions by sharply expanding safe harbour rules, a
Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman on Sunday proposed a key overhaul of the definition of accountant under
New Delhi: The country’s goods and services exports have registered positive growth so far this year, up to January 21,
Foreign investors, anxious to convince the Indian tax office, are revisiting their structures to create ‘substance’ in the offshore arms.
The Economic Survey 2026 has called for the next wave of Goods and Services Tax (GST) reforms aimed at lowering
The role of the audit committee chair is undergoing a significant expansion as companies confront accelerating enterprise risks, artificial intelligence
This Republic Day, shoppers did the marching. Sales across groceries, consumer electronics and apparel during the Republic Day period rose
Reducing tax litigation and restoring certainty in India’s tax regime does not require fresh statutory amendments, but stronger and more
Mumbai: The Bombay High Court has granted temporary relief to a batch of insurance companies by staying GST demands raised
By Ishaan Arora and Rajendra Jadhav – Gold premiums in India jumped this week to their highest in more than
New Delhi: Faster and structured tax dispute resolution and use of mediation along with enhancing transfer-pricing certainty via quicker processing
Shares of IIFL Finance fell 17.9% on Thursday to touch an intraday low of Rs 511.15 on the NSE despite
The Association of Mutual Fund of India (AMFI) has released a 27-point proposal for Union Budget FY 2026-27, which includes
The Ministry of Corporate Affairs (MCA) is likely to recommend deeper deregulation of non-assurance services offered by chartered accountant firms,
An India court ruling forcing Tiger Global Management to pay taxes on an asset sale will have ripple effects on
The contract is valued at around ₹3,000 crore and will be executed over a period of seven years. LTIMindtree on
Boards and management of companies using artificial intelligence tools for business growth must audit whether the deployment complies with fair
The Supreme Court’s ruling in the Tiger Global case has fundamentally altered the tax treatment of offshore investment structures routed
In a landmark ruling on international tax-treaty use by the companies, the Supreme Court on Thursday set aside the Delhi
Coupled with higher raw material costs, this situation is set to dampen profit levels. Cement companies are set to witness
As many taxpayers have still been waiting for their refunds, the Income Tax (I-T) Department has released the data of
Corporate mergers and amalgamations can trigger tax liabilities for shareholders who are not viewed as long-term investors in the erstwhile,
This decision overturns a 2011 Gujarat High Court judgment, clarifying that vehicles designed for closed premises are outside the Motor
New Delhi: India is weighing a proposal to extend a presumptive tax regime for non-residents to the renewable energy sector,
New Delhi: In a relief to companies operating heavy industrial and construction machinery, the Supreme Court Thursday held that vehicles
The National Financial Reporting Authority (NFRA) has flagged systemic non-compliance by statutory auditors with mandatory communication requirements under Standard on
The Centre is considering extension of the tax deferral on employee stock option plans (Esop) to all startups recognised by
On October 31, 2025, the Income Tax Appellate Tribunal (ITAT) Chennai ruled that just because someone holds the title of
New Delhi, Public trust in tax remains strongest in Asia and India stands out for its relatively strong tax morale
Credit growth in the country is expected to remain at around 12 per cent year-on-year in FY26 and improve to
Old income tax demands, going back to 2009-11 or even as early as 2005, are popping up on the income
The Institute of Chartered Accountants of India (ICAI) has deferred the so-called “peer review” requirement for auditors of state-run bank
The gross Goods and Services Tax collections for December 2025 were at Rs 1.75 lakh crore, marking a 6.1 per
The Institute of Chartered Accountants of India has released an exposure draft of the Information Systems Audit Standards proposing a
With just over a month to go until Budget 2026, industry experts are asking the government to impliment some suggestions.
Indian companies will be required to immediately expense higher gratuity and leave liabilities in profit and loss under Ind AS,
New Delhi: India and the European Union are slated to hold talks in early January on a range of trade
Indian residents can invest in outbound US dollar denominated mutual funds in GIFT city to diversify their portfolios, especially since
Colgate-Palmolive (India) said on Friday it has received a tax demand order worth Rs 267.64 crore for the fiscal 2021-22
Calendar year 2025 saw a series of regulatory, standard-setting and operational developments across accounting and auditing. Audit regulators, accounting standard-setters
New Delhi: The Delhi High Court on Wednesday expressed displeasure over the authorities doing nothing to grant exemption from taxes
Representative image Nearly a decade after its rollout, the Goods and Services Tax (GST) entered a more settled phase in
