NFRA vs ICAI| Who will audit the auditors and how
ICAI cannot afford to demure NFRA initiative citing a weak alibi — loss of audit work for small auditors if the big auditors of parent companies oust them from auditing the subsidiary accounts. Indeed, if it wants to, it has time to respond to the consultation paper floated by the NFRA till October 30, 2024, suggests Chartered Accountant S Murlidharan. ...
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SMALLER CA FIRMS OPPOSE NEW NFRA RULES
NFRA's proposed changes to large firms' audit requirements are receiving fierce opposition from small and medium-sized audit firms, which make up the majority of India's CA firms. ...
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GSTN releases Draft Manual on New GST Invoice Management System
The IMS is aimed at providing an easier method for businesses to match their inward supplies, i.e., invoices issued by suppliers, with their own records ...
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Rs 1 cr penalty on HDFC Bank: How to protect yourself from recovery agents
The Reserve Bank of India (RBI) has imposed a Rs 1 crore penalty on HDFC Bank for violating guidelines related to the engagement of recovery agents. ...
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How to Get Crypto License In India? Easy Guideline
You've come to the right place if you need a Crypto License In India but don't know how to obtain one since we'll go over how to do so in India in this blog. Read on to know!
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RBI cancels registration certificates of 4 NBFCs; 13 firms surrender licence
The Reserve Bank of India cancelled the registration certificates of four non-banking financial companies. Thirteen other NBFCs have surrendered their licence to the central bank.
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