Category Archives: News

Apple iPhone 17 Pro Max

By | January 25, 2025

Apple iPhone 17 Pro Max The iPhone 17 Pro Max is generating a lot of buzz, even though it’s still months away from its anticipated September 2025 release. Here’s what we’re hearing from various sources: Design Sleeker and More Modern: Expect a refined design, possibly with a “visor” camera module similar to Google’s Pixel phones. This… Read More »

ICAI EVENT’S for January and February 2025 for CAs

By | January 25, 2025

ICAI EVENT’S for January and February 2025 for CAs Empanelment of Chartered Accountant firms/LLPs with the O/o C&AG for the year 2025-2026 By: Professional Development Committee Click For Details Extension of last date of CPE hours’ compliance for the Calendar year 2024 – From 31st December, 2024 to 28th February, 2025. By: Continuing Professional Education… Read More »

ICAI defers Peer Review Requirement for Practice Unit covered under Phase III and Phase IV of Peer Review Mandate

By | January 24, 2025

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 »

Exposure Draft of Ind AS 118, Presentation and Disclosure in Financial Statements by ICAI

By | January 8, 2025

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 »

ICAI EVENT’S in January 2025

By | January 8, 2025

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

By | January 8, 2025

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 »

Foreign Exchange (Compounding Proceedings) Rules, 2024

By | September 13, 2024

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 »