NEW DELHI: A key reform underway in India to strengthen auditing standards may not be smooth sailing. The Institute of Chartered Accountants of India (ICAI), the self-regulatory body of chartered accountants, on Friday called for a stay on the public consultation initiated by the National Financial Reporting Authority (NFRA) of India on reforming auditing standards
The post has accumulated more than 93,000 views. As the July 31 deadline for filing the Income Tax Return (ITR) for the assessment year 2024-25 approaches, technical glitches in the income tax portal developed by Infosys have led to frustration among chartered accountants. Recently, a CA took to social media to express his frustration after
His post drew mixed reactions online regarding the tax system. Apoorv Jain, a citizen of Delhi, has stirred up controversy on social media by claiming that he paid a chartered accountant (CA) Rs 50,000 to settle a tax dispute that was only worth Rs 1. Jain took to social media platform X to express his