The Bombay High Court has observed that the income tax department has relied on AI (artificial intelligence) to reference three
While filing your income tax return and claiming tax exemptions, it is important to be aware of the limits and
The government is reviewing public procurement norms to make them more accessible to domestic audit and consulting firms, ETCFO has
India needs to move towards a principle-based, technology-enabled, and trust-anchored tax system, which is simple, stable and digitised, aligning with
India’s gross Goods and Services Tax (GST) collections rose 4.6% year-on-year to about Rs 1.96 lakh crore in October, driven
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has submitted a detailed set of indirect-tax recommendations to Revenue
New Delhi [India], October 29 (ANI): The PHD Chamber of Commerce and Industry (PHDCCI) has submitted its pre-Budget memorandum for
The Institute of Chartered Accountants of India (ICAI) has proposed a major revision to its Code of Ethics, introducing new
The National Financial Reporting Authority (NFRA) has expanded the scope of its annual audit inspection exercise to 10 audit firms
Mumbai: A splitting of hairs over ‘may’ and ‘shall’, the simple modal verbs of English grammar, has come as relief
Finance Minister Nirmala Sitharaman on Friday called on Goods and Services Tax (GST) officers to adopt a more empathetic and
Hailing the new Goods and Services Tax (GST) reforms, Prime Minister Narendra Modi on Friday asserted that the country is
The Indian government is considering major reforms in the accounting and audit sector as it aims to create domestic firms
New Delhi: Most salon chains, fitness centres, gyms and yoga clubs across the country have raised prices by 10-20% despite
Seeking to further improve quality, the chartered accountants’ body ICAI‘s Financial Reporting Review Board (FRRB) has introduced new parameters of
An analysis by Crisil Ratings of 40 organised apparel retailers, accounting for a third of the sector’s revenue, indicates that
Eternal, which owns the Zomato and Blinkit brands, on Sunday said it has received a goods and services tax (GST)
India’s chartered accountancy sector is seeing increasing workforce concentration in mid-to-large firms, even as single-partner operations dominate numerically. According to
TRAI issues draft amendments to Telecommunication Tariff Order and Accounting Separation Regulations The Telecom Regulatory Authority of India (TRAI) has
An initial probe by the Mumbai Police’s Economic Offences Wing into accounting lapses at IndusInd Bank’s treasury desk has not
The Financial Reporting Review Board (FRRB) of the Institute of Chartered Accountants of India (ICAI) has identified 388 serious audit
The Institute of Chartered Accountants of India (ICAI) is expected to make its professional networking portal for around 96,000 CA
SC seeks replies of Centre, SEBI on Sahara firm’s plea for nod to sell properties to Adani New Delhi, The
The Bombay High Court has granted an interim stay in a case challenging the levy of 18% goods and services
New Delhi, Oct 10 (IANS) India’s tax reforms are entering a decisive phase marked by simplification, modernisation and the integration
Representational The Supreme Court on Friday agreed to hear an appeal by the customs department against its sectoral tribunal’s decision
Startups operate in a dynamic environment with limited historical data, evolving business models, and inherent uncertainties. This necessitates a nuanced
The recent GST rate rationalisation and changes in input tax credit (ITC) rules have created fresh hurdles for multiple sectors,
The recent goods and services tax (GST) relief, on top of the income tax breather this year, may offer private
Mumbai, Workspace solutions provider WeWork India Management Limited is facing a muted investor response for its Rs 3,000-crore initial public
The National Financial Reporting Authority (NFRA) has flagged gaps in communication between statutory auditors and audit committees, calling for stronger
Mumbai: Insurers are cutting commissions to distributors, including platforms such as PB Fintech, after the government scrapped Goods and Services
NITI Aayog has proposed a simplified and optional presumptive tax scheme for permanent establishments in India, aimed at reducing discretion
Thiruvananthapuram: Finance minister K N Balagopal on Thursday dismissed opposition’s allegations of large-scale GST fraud in Kerala, asserting that the
The Delhi High Court has summoned SpiceJet in a recovery case filed by Tata Consultancy Services (TCS), seeking attachment of
Mumbai, Sep 30 (IANS) The Maharashtra Cabinet chaired by Chief Minister Devendra Fadnavis, on Tuesday, approved a hike of 9.90
New Delhi, The government has placed e-commerce platforms under scrutiny as it monitors prices of daily use FMCG products ranging
New Delhi, Consumer Affairs Secretary Nidhi Khare on Monday said the government’s National Consumer Helpline (NCH) has received 3,000 complaints
MUMBAI: Hindustan Unilever (HUL) has said that sales have been impacted in Sept as markets prepared for the new GST
The Income Tax (I-T) department is conducting a survey action on entities linked to textile and apparel conglomerate Raymond group.
New Delhi, The Centre is closely monitoring whether companies are passing on the benefits of the recent Goods and Services
Filing incorrect income tax returns (ITR) can be costly — something one taxpayer recently learned the hard way. According to
The Karnataka State Chartered Accountants Association (KSCAA) has sent a representation on September 24, 2025, to the Prime Minister Office
Hyatt, ITC Hotels, Radisson Hotel Group, and Sarovar Hotels are among hotel chains opting to abstain from raising their room
ICAI is preparing to launch a digital networking platform aimed at serving as a catalyst for building a global Indian
Raipur, The Chhattisgarh State Goods and Services Tax (CG SGST) department has unearthed a major tax evasion racket involving more
New Delhi: The Income-Tax Department has detected a large number of fraudulent exemption claims by taxpayers and has incorporated additional
Dear Readers,Note: We are hosting the biggest gathering of CFOs, ETCFO Turning Point 2025, TODAY (19th September) at The Leela
