Chartered accountants oppose proposal to allow cost accountants, company secretaries to conduct tax audits

Chartered accountants oppose proposal to allow cost accountants, company secretaries to conduct tax audits - ETCFO

The debate surrounding the eligibility of professionals from the Institute of Cost Accountants of India (ICMAI) and the Institute of Company Secretaries of India (ICSI) to conduct tax audits has intensified following a demand made by the Institute of Cost Accountants to Finance Minister Nirmala Sitharaman. The demand seeks to expand the scope of tax … Read more

India’s GDP growth in Q3 FY25 at 6.2%, up from 5.4% in previous quarter: Government

India's GDP growth in Q3 FY25 at 6.2%, up from 5.4% in previous quarter: Government - ETCFO

India’s economy has shown mixed signals in the current financial year, with a slight recovery in the third quarter of FY 2024-25 but continuing to face challenges due to deceleration from the previous quarter. According to the latest data released by the National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), India’s real … Read more