Public interest litigation, PIL has been filed in SC seeking cancellation of the opt-out scheme introduced by ICAI for CA July exam 2020- The petition also seeks some extra centres or the appearing candidates. Institute of Chartered Accountants of India, ICAI  had given its candidates the option to opt-out of exams on June 15, 2020. The candidates who had applied for May exams could fill the application until June 27, 2020. Now a petition has been filed in the apex court asking for a sta...

The Department of Telecom (DoT) has come out with a tender to select CA firms to conduct special audit of mobile operators from 2008 onwards. According to an official, the last date to apply is November 24 and the selection of the firm is likely to be completed in two months. "It will take two months to select the firm and the audit process may take about six months," the official added. DoT had earlier conducted the audit for assessment years 2006 to 2008.   During...

ICAI ask for suggestions from Members on the various CSR activities that can be undertaken by them as CAs/CA Firms. Corporate Social Responsibility (CSR) is very vital in the present context of businesses. It is viewed as one of the most essential drivers while laying down the business plans and most of the corporates are aligning their CSR activities with their mainstream agenda. However, responsibility towards the society is way beyond the balance sheets. We as socially conscious profession...

Widening its probe in the corporate espionage scandal, the Central Bureau of Investigation (CBI) on Friday searched the premises of another CA firms and a law firm in Mumbai for allegedly acting as intermediaries to pass on sensitive information from government officials to corporate houses Ramniwas, an assistant in the Foreign Investment Promotion Board (FIPB) was nabbed for allegedly leaking  confidential FIPB documents. Another was Paresh ChimanLal Buddhadev, ...