News

ICAI limits CAs to 60 tax audits per year from April 2026. New rule aims to improve audit quality, prevent misuse, and ensure fair work distribution.

ICAI to Change Tax Audit Limit Rules for CAs from April 2026: ICAI President

The CBDT Chairman Ravi Agarwal gets one-year extension

The US government has reduced the remittance tax rate to 1% and has exempted bank and card transfers. This is a big relief to the NRI community.

ITAT deletes 77.64 lakh 14A disallowance for lack of AO satisfaction; remands TP interest adjustment to TPO for working capital analysis.

Just opting for the presumptive scheme is not enough to get relief; your declared income must match spending and banking activity.

Faridabad CGST issues advisory urging applicants to follow key guidelines to prevent fake GST registrations and ensure a transparent tax system.