Professional Resource News


Supreme Court Upholds CA Misconduct Rule: Board Empowered to Refer Cases to Disciplinary Committee

 09 February 2024 at 10:05

In a landmark decision on Thursday, February 8, the Supreme Court of India made a significant ruling regarding the Chartered Accountants' (Procedure of Investigation of Professional and Other Misconduct and Conduct of Cases) Rules, 2007.

Posted in Professional Resource |   7704 Views


CA Granted Bail in Rs 20,000 Crore PMLA Case Linked to Vivo

 01 February 2024 at 08:43

In a significant development, a Delhi court has recently granted bail to a CA who is among the four principal accused individuals in a high-profile money laundering case amounting to Rs 20,000 crore, with alleged links to the Chinese phone maker Vivo.

Posted in Professional Resource |   5955 Views


ICAI Empowers Members with Latest CPE Guidelines for 2023

 31 January 2024 at 09:06

Issuance of CPE Statement, 2023: Guidelines on Continuing Professional Education for undergoing CPE Activities by Members of ICAI

Posted in Professional Resource |   6603 Views


CA Arrested in Mumbai for False Allegations of Rs 3000 Crore Financial Scam on Social Media

 29 January 2024 at 14:50

In a significant development, the Mumbai police have apprehended a 30-year-old chartered accountant (CA) from Borivali for allegedly spreading false and malicious information on social media regarding a massive financial scam involving a corporate house.

Posted in Professional Resource |   11280 Views


Book-keeping, Accounting and Taxation Added to List of Financial Services in IFSC

 23 January 2024 at 09:19

Indian government has broadened the range of activities permissible at the International Financial Services Centre (IFSC).

Posted in Professional Resource |   13746 Views


17th ICAI Awards Ceremonial Triumph: Recognizing Excellence and Innovation in Accountancy

 10 January 2024 at 08:59

ICAI had instituted ICAI Awards in the year 2007 to honour and acknowledge the exemplary achievements of its members who have attained exceptional levels of professional achievements in industry and business and are committed towards their goals.

Posted in Professional Resource |   6174 Views


NFRA Imposes Rs 50 Lakh Penalty on CA for Professional Misconduct in Section 80 JJAA Report

 05 January 2024 at 11:53

The National Financial Reporting Authority (NFRA) has recently issued Order No. 001/2024, dated 3rd Jan, 2024, addressing a case of professional misconduct under section 132(4)(c) of the Companies Act, 2013.

Posted in Professional Resource |   17226 Views


Suggestions invited through Questionnaire for Crafting ICAI Vision 2049

 02 January 2024 at 09:07

The Institute of Chartered Accountants of India through Strategy Perspective Planning and Monitoring Committee has initiated an exercise of preparation of ICAI Vision 2049 in collaboration with IIM Ahmedabad.

Posted in Professional Resource |   2481 Views


ICAI President's New Year Message: Reflecting on Achievements and Envisioning a Prosperous Future

 01 January 2024 at 08:11

The accounting profession’s deep reach into the MSME sector positions it as a trusted business advisor, providing a conducive ecosystem for start-up development in India.

Posted in Professional Resource |   4809 Views


ICAI | Exposure Draft Unveils Consequential Provisions for Annual CPE Hour Non-compliance from 2024 Onwards

 19 December 2023 at 07:08

Exposure Draft on proposed Consequential provisions for non-compliance with CPE hours requirement on yearly basis from calendar year 2024 onwards

Posted in Professional Resource |   3282 Views



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