-The Times of India NEW DELHI: The Supreme Court took serious note of alleged illegal operations of multi-national accounting firms (MAFs) in India in collaboration with Indian charted accountancy firms (ICAFs) and asked the Centre on Friday to examine steps to rein them in. "The Union of India may constitute a three-member committee of experts to look into the question whether, and to what extent, the statutory framework to enforce the letter...
More »SEARCH RESULT
Total Matching Records found : 37
Regulator turns up heat on erring CAs -Arun S
-The Hindu Complaints filed & punishment given, says institute chief. The Institute of Chartered Accountants of India (ICAI) has said 4,445 complaints have been registered against CAs as on June 30 this year, and punishment has been awarded in 402 cases until March 2017. The CA regulator, however, said it was pushing for amendments to the norms to help expedite action against wrongdoers in the profession. PM sought action This development comes within a...
More »Anti-Graft Forum Questions Centre's Appointment of Firm Accused of Scams for Black Money Probes -Gaurav Vivek Bhatnagar
-TheWire.in PricewaterhouseCoopers, convicted in the Rs 7,000 crore Satyam scam, had also audited accounts of Vijay Mallya’s firm and the Global Trust Bank, which collapsed. New Delhi: The Narendra Modi government’s appointment of PricewaterhouseCoopers (PwC) India to key projects like black money probes, Digital India, Make in India and Smart Cities project has been questioned by the Citizens Whistleblowers Forum. The group has also expressed concern over the RBI’s engagement of the...
More »Parched in Tamil Nadu's rice bowl -Avik Saha & Yogendra Yadav
-The Hindu Business Line In the Cauvery delta’s worst drought in 140 years, a padyatra brings home the harsh realities of how Tamil farmers are living on the edge and what sustains their resilience A farmer sells his sugar cane to the local public sector sugar mill, where he is mandated to sell his crop. Instead of paying, the factory hands him a slip of paper. Eighteen months pass by and he...
More »Confusion reigns on CAG audit of GST data -Josy Joseph
-The Hindu Auditor denied access to GST Network The crucial question about how and where auditors should get access to GST data continues to hang fire, even as hundreds of CAG auditors are being put through specialised training in anticipation of the implementation of the new tax regime from July 1. Various government officials, including ministers, have been insisting that the proposed tax regime will come into force as scheduled. The GST Network...
More »
