The Securities and Exchange Board of India ( SEBI ), through the Securities and Exchange Board of India (Prohibition of Insider Trading) (Third Amendment) Regulations, 2024, has introduced amendments to bring the clarity and scope

The Securities and Exchange Board of India ( SEBI ) has notified significant amendments to Regulation 30A of the SEBI (Intermediaries) Regulations, 2008, introducing a revised framework for summary proceedings. These amendments, officially titled the

The International Financial Services Centres Authority ( IFSCA ) has introduced the Informal Guidance Scheme, 2024, aimed at providing clarity on regulatory and legal provisions to financial institutions and other stakeholders operating in International Financial

The National Financial Reporting Authority ( NFRA ) chairperson, Ajay Bhushan Prasad Pandey, stated that the quality of audits has improved over the last 3 to 4 years and also he explained the importance of

In a recent ruling, the Ahmedabad bench of National Company Law Tribunal (NCLT) approved a Section 66 application of Companies Act, 2013 filed by the Mahan Industries, seeking confirmation in the reduction of its share

The ICAI President has raised concerns regarding the adoption of revised auditing standards SA 600 and SA 299, recently approved by the National Financial Reporting Authority ( NFRA ) for recommendation to the Central Government.

Around the world, cases of financial fraud have not only hurt investor trust but also damaged the reputations of well-known accounting firms. These scandals, ranging from fake records to deliberate cover-ups, reveal serious flaws in

The Securities and Exchange Board of India ( SEBI ) issued a circular on November 28, 2024, for better Business Continuity Planning ( BCP ) and Disaster Recovery Strategies ( DRS ) for interoperable segments

The high revenue generating companies Cipla, and  IL&FS Transportation received a GST ( Goods and Services Tax ) demand of Rs. 8 crores. Both  companies informed the department action through exchange filing. Cipla received a

The Karnataka and Uttar Pradesh GST ( Goods and Services Tax ) department has issued a demand notice of Rs. 46.4 crores crores to AkzoNobel India for Input Tax Credit ( ITC ) disallowance and

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) deleted the disallowance of trading losses claimed by the assessee on alleged penny stock shares, citing insufficient evidence of price manipulation. Sagar Jhaveri, the assessee

The Securities and Exchange Board of India ( SEBI ), through its notification No. SEBI/HO/DDHS/DDHS-PoD-3/P/CIR/2024/160 dated November 18, 2024, has introduced amendments to the Master Circular for Credit Rating Agencies ( CRAs ) issued on

The Securities and Exchange Board of India ( SEBI ) recently through notification No. SEBI/LAD-NRO/GN/2024/210. notified second amendment on Securities And Exchange Board Of India (Buy-Back Of Securities) (Second Amendment) Regulations, 2024 The board made certain

The Securities and Exchange Board of India (SEBI) has amended the Master Circular governing Credit Rating Agencies (CRAs) through Notification No. SEBI/HO/DDHS/P/CIR/2024/XYZ, dated May 16, 2024. These Regulations are officially titled the Securities and Exchange

1) What are the key accounting and financial reporting standards that a Chartered Accountant ( CA ) must be proficient in? A: a) International Financial Reporting Standards ( IFRS ) can be defined as a