The Institute of Chartered Accountants of India (ICAI) on Friday officially announced the examination schedule for CA Foundation, Intermediate, and Final courses for the September 2025 attempt on its official site. The ICAI made the announcement via an official circular dated 30 May 2025. Depending on the number of candidates appearing for the exam, the…
The Institute of Chartered Accountants of India (ICAI) will review fraud-hit IndusInd Bank’s financial statements for 2023-24 and 2024-25. The institute’s Financial Reporting Review Board (FRRB) will carry out the review. “It has been decided in the FRRB Board meeting today that FRRB of ICAI will undertake the review of the financial statements and the…
The Institute of Chartered Accountants of India (ICAI) on Thursday announced that it is postponing its CA exams in at least 12 cities as tension between India and Pakistan escalates. These districts are located in high-alert zones, and are witnessing intensified security, including full blackouts and movement restrictions. This comes as India thwarted Pakistan military’s…
CA Final exams will be conducted thrice a year from 2025 instead of two, the Institute of Chartered Accountants of India (ICAI) announced on Thursday. Last year, the ICAI took a decision to hold the Intermediate and Foundation course exams three times a year and now the CA Final exams will follow suit, it said….
Some income taxpayers have reportedly received notices under section 148, which is related to the reopening of assessments for the assessment years 2014-15, 2015-16, 2016-17 and 2017-18. A former president of the Institute of Chartered Accountants of India ((ICAI), the chartered accountants’ professional body, believes that these tax notices are wrongly sent since the limitation…
The National Financial Reporting Authority (NFRA) has proposed a revision of accounting rule SA600 so that a parent company’s auditor would be held responsible for the work of the auditor of a subsidiary. The idea has met with resistance. The Institute of Chartered Accountants of India (ICAI) has flagged its concern that it could weaken…
ICAI CA Foundation Result 2024: The Institute of Chartered Accountants of India (ICAI) is likely to declare the result of the Chartered Accountants (CA) Foundation exam 2024 on Monday, July 29. Candidates who appeared for the CA Foundation exam 2024 can check their results by visiting the official website of ICAI at icai.nic.in once the…
Taxpayers are expecting stab-rate changes and higher deductions in the old tax regime ahead of the 31 July deadline for filing income tax returns, but Ranjeet Kumar Agarwal, president of the Institute of Chartered Accountants of India believes the old tax regime could be discontinued in phases. While he is not in favour of offering…
