« Top Headlines » Open DEMAT Account in 24 hrs  Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.  Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief  ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money «  To beat tight taxes, shipowners sail to safer shores... Own a fake PAN card? Pay a fine of Rs 10,000... » ICAI inks pact with UAE firm for international curriculum September, 02nd 2006 The Institute of Chartered Accountants of India (ICAI) has signed a memorandum of understanding with Abu Dhabi-based Centre of Excellence for Applied Research and Training (CERT) to devise an international accountancy curriculum. The new curriculum, ICAI president TN Manoharan said here on Friday, would integrate local needs and would keep in mind various requirements of accountancy and audit professionals at different levels. The MoU was signed by Manoharan and Tayeb Kamali, vice chairman of CERT. According to the MoU, the two agencies would review the existing education and skill sets in the area of accountancy and auditing. A strategic plan would be prepared for the development of accountancy and auditing profession in the UAE to ensure independence and impartiality. ICAI and CERT would also explore establishment of an independent institute for promoting chartered accountancy as a profession in UAE, Manoharan said. COUNTING ON ACCOUNTING As per the MoU, ICAI and CERT will review the existing education and skill sets in accountancy and auditing The new curriculum will keep in mind the requirements of different levels of accountancy and audit professionals ICAI had earlier assisted formation of the Institute of Chartered Accountants of Nepal in Nepal. In the past also, ICAI helped the accounting bodies in Sri Lanka and Nepal launching the post qualification course on Information Systems Audit. ICAI has recently introduced a new curriculum for CAs. The curriculum included a new subject dealing with the whole gamut of financial reporting, especially corporate financial reporting. The subject would also focus on IFRS-based financial reporting and US GAAP-based financial reporting. This was aimed at making the Indian chartered accountants globally competitive. Indian chartered accountants would have competitive edge to work in the Indian MNCs as well Indian subsidiary of foreign companies with the domain expertise in financial reporting in accordance with various accounting standards.