ICAI defers Peer Review Requirement for Practice Unit covered under Phase III and Phase IV of Peer Review Mandate ICAI has deferred the mandatory Peer Review requirement for Practice Units, with Phase III now effective from July 1, 2025, and Phase IV from January 1, 2026. This adjustment aims to enhance service quality and broaden… Read More »
Accounting Standards Board The Institute of Chartered Accountants of India 6th January, 2025 Exposure Draft of Ind AS 118, Presentation and Disclosure in Financial Statements As you are kindly aware that the Indian Accounting Standards (Ind AS) are based on the IFRS Accounting Standards issued by the International Accounting Standards Board (IASB). In this regard, it… Read More »
Knowledge Corner DECEMBER 2024 BY ICAI Insolvency & Valuation Standards Board Download Click here
Post Qualification Course on Information System Audit ISA 3.0 “Patna, Salem, Hyderabad, Kanpur, Kozhikode, Chennai, Chittorgarh, Chhatrapati Sambhajinagar (Aurangabad)” By: Digital Accounting and Assurance Board Please contribute to the collective growth and empowerment of the CA Profession. Share your knowledge, skills and experiences with ICAI Students. Register for Each One Teach One Portal with details… Read More »
Digital VAT refund system for tourists in UAE UAE Launches Digital VAT Refund System for Tourists: The Federal Tax Authority (FTA) in the UAE has introduced a new digital system for tourists to claim VAT refunds on their purchases. Streamlined Refund Process: This system aims to simplify the refund process by allowing tourists to apply… Read More »
PPF New RULES from 1 oct 2024 I Big Change I Interest on PPF I Minor , Multiple Account I NRI
Ministry of Finance Department of Economic Affairs notifies Foreign Exchange (Compounding Proceedings) Rules, 2024 in pursuance of Union Budget 2024-25 announcement These Rules supersede the Foreign Exchange (Compounding Proceedings) Rules, 2000 New amendments will simplify and update the provisions towards ‘ease of investment’ and ‘ease of doing business’ Posted On: 12 SEP 2024 4:23PM by… Read More »
How to Combine Name in Excel I How to Combine Text in Excel
Cabinet Cabinet approves Unified Pension Scheme Posted On: 24 AUG 2024 8:33PM by PIB Delhi The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the Unified Pension Scheme (UPS). The salient features of the UPS are: Assured pension: 50% of the average basic pay drawn over the last 12 months prior… Read More »
Ministry of Personnel, Public Grievances & Pensions The Department of Pension and Pensioners’ Welfare (DoPPW) issues instructions for enhancement of maximum limit of Retirement Gratuity & Death Gratuity for Central Government employees from 20 lakh to Rs 25 lakh on reaching the Dearness Allowance rates to 50% Posted On: 01 JUN 2024 7:56PM by PIB… Read More »